AUTHORITY POWERS. Nothing contained or implied in this Contract or any consent or approval granted pursuant to it shall xxxxxx the discretion or otherwise prejudice or affect the rights, powers, duties and obligations of the Authority in the exercise of its functions as the local authority, the local planning authority, the highway authority or other statutory authority and such rights, powers, duties and obligations under Law may be as fully and effectually exercised as if the Authority were not party to this Contract and any approval, consent, direction or authority given by the Authority as the local or other statutory authority shall not be or be deemed to be an approval, consent, direction or authority given under this Contract and vice versa.
AUTHORITY POWERS. All powers for the management, government and control of the Temperance Flat Reservoir Authority (“Authority”) and its affairs, not conferred on any other person, office or official by law, the then-current Joint Exercise of Powers Agreement (“Agreement”), or these Bylaws are reserved in the Board of Directors of the Authority to the maximum extent permitted by law. Unless otherwise defined in these Bylaws, all initially capitalized words and phrases will have the definition set forth in the Agreement. In the event one or more provisions of these Bylaws conflicts with any portion of the Agreement, the Agreement will control.
AUTHORITY POWERS. The Authority is authorized, but is in no way required, to act in its own name on any or all of the following matters, as each Member could act separately, and as it deems in the best interest of its Members, to the extent permitted by any and all applicable laws, codes, ordinances, resolutions and regulations, subject only to such restrictions upon the manner and exercise of such power as are imposed upon the County of Merced in the exercise of similar powers:
AUTHORITY POWERS. (i) Dealer is authorized by the Prudential Regulation Authority (“PRA”) and regulated by the Financial Conduct Authority and the PRA, and is subject to the Bank of England’s resolution authority powers, as contained in the EU Bank Recovery and Resolution Directive, and transposed in the UK by the Banking Act 2009. The powers include the ability to (a) suspend temporarily the termination and security enforcement rights of parties to a qualifying contract, and/or (b) bail-in certain liabilities owed by Dealer including the writing-down of the value of certain liabilities and/or the conversion of such liabilities into equity holdings (as described in further detail below). Pursuant to PRA requirements, Dealer is required to ensure that counterparties to certain agreements it enters into which are governed by non-EEA law contractually recognize the validity and applicability of the above-mentioned resolution powers, in order to ensure their effectiveness in cross border scenarios.
AUTHORITY POWERS. Authority shall have all of the powers common to districts and all of the powers granted by the joint powers provisions of the Government Code of the State of California. Authority is hereby authorized to do all acts necessary for the exercise of said common powers and the powers granted by said code sections including but not limited to any or all of the following:
AUTHORITY POWERS. Section 5.01. General Powers 8 Section 5.02. Specific Powers 8 Section 5.03. Manner of Exercising Powers 10 Section 5.04. Non -Liability for Obligations of Authority 10 Section 5.05. Indemnity by Authority for Litigation Expenses of Officer, Director or Employee 11 Section 5.06. Indemnity by Authority for Litigation Expenses of a Party 11 Section 5.07. Execution of Contracts 11 Section 5.08. Fiscal Year 11 ARTICLE VI CONTRIBUTION; ACCOUNTS AND REPORTS; FUNDS Section 6.01. Contributions 11 Section 6.02. Accounts and Reports 12 Section 6.03. Funds 12 Section 6.04. Annual Budget; Administrative Expenses; Fees 12
AUTHORITY POWERS
