Common use of Construction of Powers Clause in Contracts

Construction of Powers. In construing the provisions of Section 4.4 hereof, the presumption shall be in favor of a grant of power to the Governing Board. The Governing Board shall not be required to obtain any court order to deal with the Investment Property.

Appears in 3 contracts

Samples: Municipal Cooperation Agreement, Municipal Cooperation Agreement, Municipal Cooperation Agreement

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Construction of Powers. β€Œ In construing the provisions of Section 4.4 hereof, the presumption shall be in favor of a grant of power to the Governing Board. The Governing Board shall not be required to obtain any court order to deal with the Investment Property.

Appears in 1 contract

Samples: Municipal Cooperation Agreement

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