Authority Generally. Unless specifically reserved to the ------------------- Board of Directors under this Agreement, the officers of the Partnership shall have such authority as is necessary and appropriate to carry out the functions of such officer. Each officer of the Partnership shall have such additional authority, including authority to execute documents, instruments and agreements on behalf of the Partnership, as is expressly delegated to such officer by the Board of Directors. One Person may hold one or more offices simultaneously.
Authority Generally. Grantee shall have the right and power:
(a) To enter upon the Property at reasonable times to monitor compliance with and otherwise to enforce the terms of this Easement as more particularly set forth herein; and
(b) To prevent any activity on or use of the Property that is inconsistent with the purpose of this Easement and to require the restoration of such areas or features of the Property that may be damaged by any inconsistent activity or use, pursuant to the remedies set forth in § 10; and
(c) To retain as its exclusive right, power and domain, except as expressly reserved to Grantor, all development rights that are now or hereafter allocated to, implied, reserved or inherent in the Property, it being the intent hereby that such development rights shall, except as expressly reserved, be terminated and extinguished and may not be used on or transferred to any portion of the Property.
Authority Generally. (a) AmeriCom has the full right, power and authority to execute and deliver this Agreement and to perform AmeriCom's obligations hereunder.
(b) Without limiting the generality of the foregoing, AmeriCom's board of directors has duly authorized the execution, delivery, and performance of this Agreement by AmeriCom.
(c) The Agreement constitutes the valid and legally binding obligation of AmeriCom, enforceable in accordance with its terms and conditions, except as may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally.
Authority Generally. 25 6.5 Right to Rely on Chairman or Secretary......................................................... 25 6.6 Meetings and Approval Requirements of Board of Directors and Committees........................ 25 6.6.1 Regular Meetings...................................................................... 25 6.6.2 Special Meetings...................................................................... 25 6.6.3 Telephonic Meetings................................................................... 25 6.6.4 Notices............................................................................... 25 6.6.5 Quorum................................................................................ 26 6.6.6 Approval Requirements................................................................. 26 6.6.7 Written Consents...................................................................... 26
Authority Generally. AmeriNet has the full right, power and authority to execute and deliver this Agreement and to perform AmeriNet's obligations hereunder. Without limiting the generality of the foregoing, AmeriNet's board of directors has duly authorized the execution, delivery, and performance of this Agreement by AmeriNet. The Agreement constitutes the valid and legally binding obligation of AmeriNet, enforceable in accordance with its terms and conditions, except as may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally. Non-contravention. Neither the execution and the delivery of this Agreement, nor the consummation of the transactions contemplated hereby (including any necessary assignments and/or acceptances) will violate any constitution, statute, regulation, rule, injunction, judgment, order, decree, ruling, charge, or other restriction of any government, Governmental Entity, or court to which AmeriNet is subject or any provision of AmeriNet's certificate of incorporation or bylaws, or conflict with, result in a breach or constitute a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify, or cancel, or require any notice under any agreement, contract, lease, license, instrument, or other arrangement to which AmeriNet is a party or by which it is bound or to which any of its assets is subject, except where the violation, conflict, breach, default, acceleration, termination, modification, cancellation, or failure to give notice, would not have a Material adverse effect on the financial condition of AmeriNet taken as a whole or on the ability of the Parties to consummate the transactions contemplated by this Agreement. Legal & Regulatory Matters The operations of AmeriNet have been conducted in compliance with all applicable laws and regulations of foreign, federal, state and local governmental authorities. AmeriNet holds, and is in compliance in all Material respects with, all licenses, permits, and authorizations necessary for the conduct of AmeriNet's business pursuant to applicable statutes, laws, ordinances, rules, regulations, codes, or any law of any governmental body, agency, commission, or unit to which AmeriNet may be subject, the failure of which would have a Material adverse effect on AmeriNet. AmeriNet is not now nor has it ever been subject to the Investment Company Act of 1940. AmeriNet has not received any notices: From any cit...
Authority Generally. Buyer has the full right, power, and authority to execute and deliver this Agreement and to perform Buyer's obligations hereunder. Without limiting the generality of the foregoing, Buyer's Board of Directors has duly authorized the execution, delivery, and performance of this Agreement by the Buyer. The Agreement constitutes the valid and legally binding obligation of the Buyer, enforceable in accordance with its terms and conditions, except as may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally.
Authority Generally. Seller has the full right, power and authority (including full corporate power and authority) to execute and deliver this Agreement and to perform Seller's obligations hereunder, and to carry out the transactions contemplated in this Agreement, except as may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally. The Agreement and related agreements including a bxxx of sale, assignment, and assignment agreement for intellectual properties being transferred to buyer constitutes the valid and legally binding obligation of the Seller, enforceable in accordance with its terms and conditions.
Authority Generally. The powers of the Company shall be exercised ------------------- by or under the authority of, and the business and affairs of the Company shall be managed under, the Managers. In addition to the powers and authorities expressly conferred by this Agreement upon the Managers, the Managers may exercise all such powers of the Company and do all such lawful acts and things as are not directed or required to be exercised or done by the Members by the Act or this Agreement, including, but not limited to, contracting for or incurring debts, liabilities and other obligations on behalf of the Company. Except as otherwise expressly provided in this Agreement, no Member (in such capacity) shall have the authority or power to act for or on behalf of the Company; to take part in the day-to-day management, the operation, or control of the business and affairs of the Company; to do any act that would be binding on the Company; or to incur any expenditures, debts, liabilities or obligations on behalf of the Company. No non-Member Manager will be treated by virtue of its position as Manager of the Company as a Member of the Company or as a partner of or joint venturer with any Member of the Company. The provisions of this Article III concerning the Managers and the actions thereof are subject to the provisions of the Members Agreement.