Authority to Administer Clause Samples
The 'Authority to Administer' clause establishes which party or individual has the legal power and responsibility to manage, oversee, or execute certain duties under the agreement. Typically, this clause specifies the scope of authority granted, such as the ability to make decisions, sign documents, or act on behalf of an organization or estate. By clearly designating who holds administrative authority, the clause helps prevent disputes over decision-making and ensures that actions taken under the contract are valid and enforceable.
Authority to Administer. On behalf of the Named Fiduciary, the Committee shall administer the Plan in accordance with its terms and shall have all powers and discretionary authority necessary to carry out the provisions of the Plan, including but not limited to, the power to: (1) interpret and construe the provisions of the Plan, including making factual determinations; (2) prepare any rules and regulations which may become necessary or desirable in the operation of the Plan, including but not limited to specifying procedures to be followed by eligible Employees in electing to participate in the Plan and in revoking such participation; (3) determine eligibility for benefits and determine the amounts and manner of payment thereof under the provisions of the Plan; (4) keep individual accounts; (5) establish investment policies to be followed by the Trustees; and (6) perform such other duties as may be required for the proper administration of the Plan. The Committee shall have absolute discretion in interpreting the provisions of the Plan and administering the Plan in accordance with such provisions, including by way of illustration and not of limitation, the making of determinations of eligibility to participate and the calculation of benefits accruing or payable under this Plan.
Authority to Administer. Unless otherwise specified in this Agreement, the City Manager or the Public Works Director is the City's representative to exercise all authority granted to the City under this Agreement, including but not limited to, entering into any amendments, additional service change orders and task orders, or other ancillary agreements or documents necessary to implement this Agreement.
Authority to Administer. Collateral Each Loan Party irrevocably appoints the Collateral Agent its true and lawful attorney, with full power of substitution, in the name of such Loan Party, any Secured Party or otherwise, for the sole use and benefit of the Secured Parties, but at such Loan Party's expense, at any time and from time to time while an Event of Default shall have occurred and be continuing, without application to or order of the Bankruptcy Court, all or any of the following powers with respect to all or any of such Loan Party's Collateral:
(a) to demand, ▇▇▇ for, collect, receive and give acquittance for any and all monies due or to become due upon or by virtue thereof,
(b) to settle, compromise, compound, prosecute or defend any action or proceeding with respect thereto,
(c) to sell, lease, license or otherwise dispose of the same or the proceeds or avails thereof, as fully and effectually as if the Collateral Agent were the absolute owner thereof, and
(d) to extend the time of payment of any or all thereof and to make any allowance or other adjustment with reference thereto. The Collateral Agent, on its own behalf and on behalf of each Secured Party, acknowledges and agrees that in order to exercise the rights and remedies under the Loan Documents with respect to the assignment or transfer of control of any portion of the Collateral the assignment or transfer of control of which is subject to Federal, state or local laws applicable to the telecommunications or cable industry, it may be necessary to obtain the prior approval or consent of one or more Governmental Authorities. If the Collateral Agent reasonably determines that any such approval or consent is required in connection with any of the actions which may be taken by the Collateral Agent on its own behalf or on behalf of the Secured Parties in the exercise of the rights and/or remedies hereunder or under the other Loan Documents then the Loan Parties, at their sole cost and expense, agree to use their good faith efforts to secure such approval consent and to cooperate with the Collateral Agent in any action reasonably commenced by the Collateral Agent to secure such approval consent.
Authority to Administer. Unless otherwise specified in this Agreement, the City Manager or the Public Works Director is hereby authorized as the City’s representative to exercise all authority granted to the City under this Agreement, including but not limited to, entering into any amendments, Additional Service Change Orders and Task Orders as defined in Exhibit B, or other ancillary agreements or documents necessary to implement this Agreement.”
5. Amendment to Section 3 of Exhibit “B.” Item (6) of Section 3 of Exhibit “B” (Schedule of Compensation) to the Agreement is hereby amended and restated as follows: