Authority’s Reserved Rights Sample Clauses

Authority’s Reserved Rights. Authority reserves the right for itself and others to utilize and maintain any utility and drainage easements located on the Premises, and to run water, sewer, electrical, telephone, gas, drainage and other lines under or through the Premises and to grant necessary utility easements therefore, provided that in the exercise of such rights, Company’s use of the Premises and any Improvements shall not be unreasonably impaired and any damage to the Premises or any Improvements caused by Authority as a result thereof shall be repaired without cost to Company.
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Authority’s Reserved Rights. ALLP and the Authority reserve the right to grant to others, including competitors of Boston Edison, rights to those granted hereunder. No easements or other rights granted by ALLP to Boston Edison are exclusive, except to the extent expressly stated in this Agreement. ALLP and the Authority each reserve the right for its employees, agents, grantees and assigns to enter upon any portion of property in which rights have been granted to Boston Edison hereunder for any purpose deemed necessary by the Authority's Chief Engineer in connection with the construction, reconstruction, or maintenance of the Turnpike or Authority-owned installations and appurtenants thereto. The Authority shall give Boston Edison reasonable advance notice of all proposed uses of the Easement Area and the opportunity to prevent any such use which may unreasonably interfere with the rights granted by this Agreement. The Authority shall exercise reasonable care in the performance of any work theron to avoid physical damage to the electrical system. If such damage does occur, the Authority shall reimburse Boston Edison for its reasonable costs in restoring such damaged portions to the electrical system to the same condition as existed prior to such damage. In no event shall the Authority be liable to Boston Edison or ALLP for any delay, consequential, special or incidental damages, including, but not limited to, lost profits and revenues, resulting from any such damage to the electrical system, fixtures or equipment or any other property of Boston Edison. Boston Edison will not interfere with the exercise by others of rights consistent with this Agreement granted or to be granted them.
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Authority’s Reserved Rights. 34 7. UTILITIES 34 8. CONFIDENTIALITY/NONDISCLOSURE ................................................................... 35
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Authority’s Reserved Rights. The Authority shall have the sole discretion and final approval for the following: (a) the annual Operating Plan, which upon approval shall be an Approved Operating Plan, (b) the Operating Budget, which upon approval shall be an Approved Budget, (c) the Capital Funding Plan, (d) booking of those Events described in Section 5.5(a)(iv), (e) selection of the General Manager and any successor General Manager, and (f) the process for subcontracting of scheduled or contracted services pursuant to Section 9.
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Related to Authority’s Reserved Rights

  • Governmental Authorities and Consents Buyer is not required to submit any notice, report or other filing with any governmental authority in connection with the execution or delivery by it of this Agreement or the consummation of the Transaction and no consent, approval or authorization of any governmental or regulatory authority is required to be obtained by Buyer in connection with the execution and delivery of this Agreement or the consummation of the Transaction.

  • Approvals of Governmental Authorities The Governmental Approvals listed in Schedule 11.01(b) shall have been received (or any waiting period shall have expired or shall have been terminated) and shall be in full force and effect.

  • Consents and Approvals of Governmental Authorities No consent, approval, or authorization of, or declaration, filing, or registration with, any governmental or regulatory authority is required to be made or obtained by the Seller in connection with the execution, delivery, and performance of this Agreement or any of the other Acquisition Documents by the Seller.

  • Regulatory Filings and Approvals Copies of all necessary governmental and third party approvals, registrations, and filings in respect of the transactions contemplated by this Agreement;

  • Authority of General Partner The General Partner shall have sole authority to manage the business and affairs of the Partnership, which authority shall be delegated as provided in this Agreement. Subject to the limitations in this Agreement, the General Partner shall have the authority to take any action it deems to be necessary or appropriate in connection with the business and affairs of the Partnership, including without limitation the power and authority to:

  • Authorization of Governmental Authorities No action by (including any authorization, consent or approval), in respect of, or filing with, any governmental authority or regulatory body is required for, or in connection with, the valid and lawful authorization, execution, delivery and performance by it of this Agreement, subject to, in the case of the Debtors, the entry by the Bankruptcy Court of the Approval Order.

  • Full Authority The Parent has the corporate power and authority and has obtained all licenses, permits, qualifications, and other documentation (including permits required under applicable Environmental Law, as defined in Exhibit 2) necessary to own and/or operate its businesses, properties and assets and to carry on its businesses as being conducted on the date of this Agreement, except such licenses, permits, qualifications or other documentation, the failure to obtain which is not reasonably likely to result in a Parent Material Adverse Effect, and such businesses are now being conducted and such assets and properties are being owned and/or operated in compliance with all applicable laws (including Environmental Law), ordinances, rules and regulations of any governmental agency of the United States, any state or political subdivision thereof, or any foreign jurisdiction, all applicable court or administrative agency decrees, awards and orders and all such licenses, permits, qualifications and other documentation, except where the failure to comply will not have a Parent Material Adverse Effect, and there is no existing condition or state of facts that would give rise to a violation thereof or a liability or default thereunder that is reasonably likely to have a Parent Material Adverse Effect.

  • Certificates, Authorities and Permits The Company and each Subsidiary possess adequate certificates, authorities or permits issued by appropriate governmental agencies or bodies necessary to conduct the business now operated by it, and neither the Company nor any Subsidiary has received any notice of proceedings relating to the revocation or modification of any such certificate, authority or permit that, if determined adversely to the Company or such Subsidiary, could reasonably be expected to have a Material Adverse Effect, individually or in the aggregate.

  • Power; Authority It has all requisite power and authority to enter into this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution, delivery and performance of this Agreement, the purchase of the Transferred Assets and the consummation of the transactions provided for herein have been duly authorized by all necessary action on the part of the Buyer. This Agreement has been duly executed and delivered by the Buyer and constitutes the legal, valid and binding obligation of the Buyer enforceable against the Buyer in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights and by general principles of equity (whether applied in a proceeding at law or in equity).

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