Rights and Powers of Operator Sample Clauses

Rights and Powers of Operator. Subject to the decisions of the Project Team, Karasu will have full, complete and exclusive control, charge and supervision of the Karasu Property and Assets and the sole and exclusive right and authority to supervise, manage and carry out all Operations and to incur the expenses from Expenditure Budget required for that purpose in accordance with Work Plans approved by the Project Team. Anadolun will manage and carry out the Operations in accordance with the terms and conditions of Work Plans approved by the Project Team and in connection therewith will, in advance, if reasonably possible, notify the Project Team of any change in Operations that Karasu considers material. If it is not reasonably practicable to give notice in advance, then Anadolun will notify the Project Team as soon thereafter as is reasonably practicable.
Sample 1
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Rights and Powers of Operator. Subject to the decisions of the Project Team, the Operator will have full, complete and exclusive control, charge and supervision of the Properties and Assets and the sole and exclusive right and authority to supervise, manage and carry out all Operations and to incur the Expenses required for that purpose in accordance with Work Plans approved by the Project Team. The Operator will manage and carry out the Operations in accordance with the terms and conditions of Work Plans approved by the Project Team and in connection therewith will, in advance, if reasonably possible, notify the Project Team of any change in Operations which the Operator considers material. If it is not reasonably practicable to give notice in advance, then the Operator will notify the Project Team as soon thereafter as is reasonably practicable.
Sample 1
Rights and Powers of Operator. Subject to the decisions of the Project Team, Anadolun will have full, complete and exclusive control, charge and supervision of the Karasu Property and Assets and the sole and exclusive right and authority to supervise, manage and carry out all Operations and to incur the expenses from Expenditure Budget required for that purpose in accordance with Work Plans approved by the Project Team. Anadolun will manage and carry out the Operations in accordance with the terms and conditions of Work Plans approved by the Project Team and in connection therewith will, in advance, if reasonably possible, notify the Project Team of any change in Operations that Anadolun considers material. If it is not reasonably practicable to give notice in advance, then Anadolun will notify the Project Team as soon thereafter as is reasonably practicable.
Sample 1

Related to Rights and Powers of Operator

  • Purpose and Powers of the Company The Company is organized for the purpose of carrying on any lawful activity for which limited liability companies may be formed under the Act. The Company shall possess and may exercise all of the powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company contemplated by this Agreement.

  • Rights And Powers Of Trustee With respect to Subject Shares where the Purchaser is the Beneficial Owner, the Trustee shall, in person or by nominees, agents, attorneys-in-fact, or proxies, have the right and the obligation to exercise its discretion with respect to all Voting Matters requiring holders of VMTP Shares to vote or consent with respect to and including voting or consenting to any corporate or shareholder action of any kind whatsoever, subject to the terms of this Agreement. The Trustee shall be obligated to vote any Voting Matter in accordance with the provisions of this Agreement.

  • Rights and Powers The Company may, without obligation to do so, exercise one or more of the following rights and powers with respect to the Collateral:

  • Powers of General Partner Notwithstanding any provision of this Agreement to the contrary, the General Partner’s discretion and authority are subject to the limitations imposed by law, and by the General Partner’s Articles of Organization and operating agreement. Subject to the foregoing and to other limitations imposed by this Agreement, the General Partner shall have full, complete and exclusive discretion to manage and control the business and affairs of the Partnership and make all decisions affecting the business and assets of the Partnership. Without limiting the generality of the foregoing (but subject to the restrictions specifically contained in this Agreement), the General Partner shall have the power and authority to take the following actions on behalf of the Partnership:

  • Rights Obligations and Powers of the General Partner 6.1 Management of the Partnership.

  • Bank Accounts and Powers of Attorney Set forth in Schedule 3.21 is an accurate and complete list showing (a) the name of each bank in which the Company has an account, credit line or safe deposit box and the names of all Persons authorized to draw thereon or to have access thereto, and (b) the names of all Persons, if any, holding powers of attorney from the Company and a summary statement of the terms thereof.

  • Powers of the Company The Company shall have the power and authority to take any and all actions necessary, appropriate, advisable, convenient or incidental to or for the furtherance of the purpose set forth in Section 2.6, including, but not limited to, the power and authority to:

  • Powers of Members The Members shall have the power to exercise any and all rights or powers granted to the Members pursuant to the express terms of this Agreement. Except as expressly provided herein, the Members shall have no power to bind the Company and no authority to act on behalf of the Company.

  • Purpose and Powers of the Trust The purpose of the common law trust, as created hereunder, is to engage in the following activities:

  • Appointment and Powers of Secured Party The Debtor hereby irrevocably constitutes and appoints the Secured Party and any officer or agent thereof, with full power of substitution, as its true and lawful attorneys-in-fact with full irrevocable power and authority in the place and stead of the Debtor or in the Secured Party's own name, for the purpose of carrying out the terms of this Agreement, to take any and all appropriate action and to execute any and all documents and instruments that may be necessary or useful to accomplish the purposes of this Agreement and, without limiting the generality of the foregoing, hereby gives said attorneys the power and right, on behalf of the Debtor, without notice to or assent by the Debtor, to do the following:

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