Authority & Purpose Sample Clauses

The 'Authority & Purpose' clause defines the legal power and intent under which the agreement is made. It typically specifies that each party has the necessary authority to enter into the contract and outlines the objectives or reasons for forming the agreement, such as providing services or exchanging goods. This clause ensures that all parties are properly empowered to bind themselves and clarifies the underlying goals of the contract, thereby reducing the risk of disputes over legitimacy or intent.
Authority & Purpose. The California Department of Housing and Community Development (hereinafter “Department”) is the lead and responsible entity for administering the Community Development Block GrantDisaster Recovery (hereinafter “CDBG-DR”) program funds appropriated under Public Laws 115-254 and 116-20 and allocated to the State of California by the Department of Housing and Urban Development (hereinafter “HUD”). CDBG-DR supports the State of California’s recovery needs related to the Federal Emergency Management Agency’s Major Disaster Declaration DR-4382 in July- September 2018 and DR-4407 in November 2018. CDBG-DR Multifamily Housing Program (hereinafter "DR-MHP") projects are funded to meet the unmet rental housing need, including the needs of individuals displaced from rental homes and individuals who became homeless as the result of the disasters.
Authority & Purpose. This Agreement is made pursuant to a grant awarded to THC by the U.S. Department of the Interior, National Park Service (“NPS”), on April 4, 2019 under the provisions of the National Historic Preservation Act of 1966 as amended (54 U.S.C. Sec 300101 et seq.), Continuing Appropriations Act, 2017 (P.L. 115-123), and is pursuant to the terms and conditions of the Historic Preservation Fund (“HPF”) Grants Manual, 2007 (link in Art. III below), and all provisions under 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. This Agreement is made for the purpose of funding a project or projects to be undertaken by Subgrantee as a participant in the Hurricanes ▇▇▇▇▇▇, ▇▇▇▇, and ▇▇▇▇▇ Emergency Supplemental Historic Preservation Fund (HIM-ESHPF) Grant Program. This Agreement is also authorized under Texas Government Code Ch. 442.005 and is subject to the Statewide Uniform Grant Management Standards (UGMS), Texas Government Code Ch. 783, and the conditions and assurances promulgated thereunder by the Texas State Comptroller’s Office. The UGMS can be found here: ▇▇▇▇▇://▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇.▇▇▇/purchasing/grant-management.
Authority & Purpose. This agreement made pursuant to the authority granted to the Parties by 30-A M.R.S. § 2201 et seq. and is established for the purpose of consolidating the Parties’ respective adult and community education programs by establishing SHARED Adult and Community Education program (the “Program”) to serve all financially contributing Parties.
Authority & Purpose. This Standard Agreement, STD 213, (hereinafter “Agreement”) is the result of the Recipient’s application (“Application”) for funding under the Affordable Housing and Sustainable Communities (“AHSC”) Program (“Program”) pursuant to: A. Part 1 of Division 44 of the Public Resources Code (commencing with Section 75200); B. The Program Guidelines dated October 29, 2018 (“Guidelines”), issued by the State of California, Strategic Growth Council (“SGC”) and as may be amended from time to time; and C. The Program’s Notice of Funding Availability (“NOFA”) issued by the Department Housing and Community Development (“Department” or “HCD”), is dated November 1, 2018.
Authority & Purpose. This Agreement provides official notification of the Jurisdiction’s PI Reuse Agreement’s approval under the State’s administration of the Federal CDBG for Non-entitlement Jurisdictions pursuant to the provisions of 42 U.S. Code (U.S.C.) 5301 et seq., 24 Code of Federal Regulations (CFR) Part 570, Subpart I, and 25 California Code of Regulations (CCR), Sections 7050 et seq. The Program is listed in the Catalog of Federal Domestic Assistance as 14.228 - CDBG Community Development Block Grant Program. In accepting the PI Reuse Agreement approval, the Jurisdiction agrees to comply with the terms and conditions of this Agreement, all exhibits hereto and the representations contained in the Jurisdiction’s PI Reuse Agreement. Any changes made to the PI Reuse Agreement after this Agreement is accepted must receive prior written approval from the Department.
Authority & Purpose. This Standard Agreement, STD 213, (hereinafter “Agreement”) is the result of the Sponsor’s application (“Application”) for funding under the AHSC Program (“Program”) pursuant to: A. Part 1 of Division 44 of the Public Resources Code (commencing with Section 75200); B. The Program Guidelines dated January 20, 2015 , (“Guidelines”), issued by the State of California, and as may be amended from time to time; C. Department of Housing and Community Development (hereinafter the “Department” or “State”); and D. The Program’s Notice of Funding Availability (“NOFA”) issued by the Department, dated January 30, 2015. The AHSC Guidelines and the NOFA are available on the Program website at ▇▇▇▇://▇▇▇.▇▇▇.▇▇.▇▇▇/financial-assistance/affordable-housing-and- sustainable-communities/index.html. This Agreement is entered into under the authority of, and in furtherance of the Purposes of the AHSC Program. In accordance with the authority cited above, the Application was made to the State for financial assistance from the AHSC Program for the purpose of assisting in the development, operation and maintenance of a residential rental Affordable Housing Development on certain real property (the “Property”) as identified in the Application. The financial assistance from the Program shall be in the form of a permanent loan (the “AHSC Loan”) to the Sponsor, or to its approved affiliate (“Borrower”), as owner of the residential rental Affordable Housing Development, evidenced by a promissory note, secured by a deed of trust and subject to a regulatory agreement between the Sponsor and the Department. The purpose of the AHSC Loan is to ensure that the rental Affordable Housing Development is constructed, owned, managed, maintained and operated in accordance with the requirements of the AHSC Program, AHSC Guidelines and as identified in the Application, and to ensure that certain residential units therein shall be occupied by eligible households at affordable rents as defined in the AHSC Guidelines for the full term of the AHSC Loan, regardless of sale or transfer of the Property or prepayment of the AHSC Loan. To further affect this purpose, if Sponsor is an entity other than the Sponsor identified in the Application, the State may require the Sponsor to enter into a Sponsor Operating Guaranty as a condition of closing the AHSC Loan. AHSC Loan - Rental Affordable Housing Development NOFA Date: 01/30/15 Rev. Date: 10/22/15 Prep. Date: In addition to the AHSC Terms and Conditions (“Ge...
Authority & Purpose. This Standard Agreement (hereinafter "Agreement") will provide official notification of the reservation of funds under the State of California's (the “State”) reservation of funds under the State of California's administration of the federal Emergency Solutions Grants Program Allocation (hereinafter, "ESG " or the “Program") by the Department of Housing and Community Development (hereinafter the "Department" or “HCD”) pursuant to the provisions of 42 U.S.C. 11371 – 42 U.S.C. 11378, (“Federal Statutes”), the Catalog of Federal Domestic Assistance Number 14.231, 24 C.F.R. Part 576, (“Federal Regulations”), California Health and Safety Code sections 50899.1 – 50899.8, and the ESG 2024 ESG Program Final Guidelines (the “Guidelines”) effective December 10, 2024, all of which may be amended from time to time. ESG provides funds for a variety of activities to address homelessness as authorized under the federal Homeless Emergency Assistance and Rapid Transition to Housing (HEARTH) Act of 2009 and State program requirements. The Department administers the ESG program with funding received from the U.S. Department of Housing and Urban Development (HUD). The ESG program provides grant funding to: (1) engage homeless individuals and families living on the street, (2) rapidly re-house homeless individuals and families, (3) help operate and provide essential services in emergency shelters for homeless individuals and families, and (4) prevent individuals and families from becoming homeless. This contract specifically provides funding for specific program activities described in Exhibit D. The Department receives ESG funds from HUD and then the Department (as Grantor), via this Agreement, is making a grant of specific ESG funds to a grantee, who is also known as the Contractor. In accepting this reservation of funds, the “Contractor” as defined in the Guidelines, agrees to comply with the terms and conditions of this Agreement, as it relates to the ESG Notice of Funding Availability (NOFA) under which the Contractor applied, the representations contained in the Contractor’s Application (hereinafter, “Application”), for the ESG funding allocations, and the requirements of the authorities cited above. Any and all changes made to the submitted and awarded Application after this Agreement is executed must receive prior written approval from the Department. For purposes of this agreement Contractor is the Contractor identified in the STD 213 and which is further defined in t...
Authority & Purpose. This Agreement is entered into pursuant to the provisions of Iowa Code Chapter 28E. The purpose of this agreement is to establish the terms and conditions whereby CyRide may utilize property owned or rented by the Department to conduct commercial driver’s license (CDL) skills testing.
Authority & Purpose. This Standard Agreement, STD 213, (hereinafter “Agreement”) is the result of the Recipient’s application (“Application”) for funding under the Affordable Housing and Sustainable Communities Program ( “Program”) pursuant to: A. Part 1 of Division 44 of the Public Resources Code (commencing with Section 75200). B. The Program Guidelines dated January 20, 2015 (“Guidelines”), issued by the State of California, Strategic Growth Council (“Council”) and as may be amended from time to time. The AHSC Guidelines and the NOFA are available at the Program website at ▇▇▇▇://▇▇▇.▇▇▇.▇▇.▇▇▇/financial-assistance/affordable-housing-and-sustainable- communities/index.html. C. The Program’s Notice of Funding Availability (“NOFA”) issued by the Department Housing and Community Development (“Department”), is dated January 30, 2015. In accepting this grant award, the Recipient agrees to comply with the terms and conditions of the Guidelines, the NOFA, this Agreement, and the Disbursement Agreement, which is more particularly described in Exhibit B, attached hereto.
Authority & Purpose. The Company may engage in any business activity in which a limited liability company may engage under the Act. The rights, powers, duties, obligations and liabilities of the Members shall be determined pursuant to the Act and this LLC Agreement. To the extent that the rights, powers, duties, obligations and liabilities of any Member are different by reason of any provision of this LLC Agreement than they would be in the absence of such provision, this LLC Agreement shall, to the extent permitted by the Act, control. Subject to the provisions of this LLC Agreement, (i) the Company, and the Board of Managers on behalf of the Company, may enter into and perform any and all documents, agreements and instruments contemplated or permitted hereby, all without any further act, vote or consent of any Member, and (ii) to the extent the Board of Managers has been granted authority under this LLC Agreement, the Board of Managers may authorize any Person (including any Member or Officer) to enter into and perform any document on behalf of the Company.