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Common use of Enhanced Authority Granted and Accompanying Accountability Clause in Contracts

Enhanced Authority Granted and Accompanying Accountability. of the Act provides that, upon the execution of, and as of the effective date for, this management agreement, the University shall become a covered institution entitled to be granted by the Commonwealth and to exercise the powers and authority provided in Article 4 of the Act that are expressly contained in this management agreement. In general, subject to its management agreement with the Commonwealth, status as a covered institution governed by Article 4 of the Act and this management agreement is intended to replace

Appears in 6 contracts

Samples: Management Agreement, Management Agreement, Management Agreement