Rights, Powers and Authority Sample Clauses

Rights, Powers and Authority. The Company shall possess every right, power, authority and privilege that a limited liability company formed under the Act may lawfully possess, and may exercise or invoke any such right, power, authority or privilege to the maximum extent permitted by law.
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Rights, Powers and Authority. Any of the rights, powers and authority enjoyed by the University, prior to the State Employment Relations Board’s certification of Communication Workers of America as the exclusive bargaining representative for the bargaining unit, are retained; provided, however, that management’s rights shall not be exercised in a manner violative of any express provision of this Agreement. The University’s failure to exercise any of its rights or its failure to exercise such rights in a particular way shall not be considered a waiver of such rights. The University’s exercise of exclusive rights pursuant to this Section shall not be subject to prior negotiations with the Local Union. The University agrees to bargain the effects of management’s exercise of any of those rights regarding wages, and terms and conditions of employment. Nothing herein shall be construed as a waiver of the Union’s right to utilize the grievance procedure for any violation of any such provision of this Agreement.
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Rights, Powers and Authority. 10.2.1 By executing this Agreement or counterpart to this Agreement, as applicable (or by otherwise becoming bound by, or being deemed to have agreed to be bound by, the terms of this Agreement pursuant to Section 14.1), the Special General Partner hereby delegates all rights, powers and authority now or hereafter granted a general partner of a limited partnership under applicable law to the Managing General Partner, other than those rights, powers and authority granted to the Special General Partner or the Limited Partners (in their capacities as partners of a limited partnership) pursuant to this Agreement, and the Managing General Partner hereby accepts such delegation and agrees to exercise such delegated rights, powers and authority in accordance with the provisions of this Agreement. 10.2.2 The Special General Partner further agrees that it shall not take part in the management or control of the activities and affairs of the Partnership nor shall it have any rights or authority to act for or bind the Partnership or to take part or in any way to interfere in the conduct or management of the Partnership or to vote on matters relating to the Partnership or to have access to the books and records of the Partnership or any other member of the BIP Group, other than as required by applicable law (but subject to Section 10.2.1) or set forth in this Agreement. 10.2.3 If applicable law requires that the restrictive covenants described in Section 10.2.2 are not effective with respect to any right, power or authority granted to a general partner of a limited partnership in respect of any matters, and to the extent that the delegation of the Special General Partner’s rights, powers and authority pursuant to Section 10.2.2 are invalid or unenforceable with respect to such matter, under applicable law or otherwise, any decision of the General Partners in respect of such matter shall be made by majority approval of the General Partners, with each General Partner being entitled to cast its votes independently of the other General Partners; provided, however, that the Managing General Partner shall have two votes and each other General Partner shall have one vote in respect of any vote taken on any matter.
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Rights, Powers and Authority. This Agreement does not limit the rights, powers, and authority of either party. Nothing in this Agreement shall be construed to require either party: a) to disclose any information it determines, in its sole discretion, it does not have the ability or authority to disclose; OR b) to perform any act that it determines, is contrary to law or public policy; OR c) to provide personnel, equipment, or services to the other party; OR d) to modify, restrict, or inhibit utilization of any information technology systems
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Rights, Powers and Authority. Except as limited by specific and express terms of this Memorandum of Understanding, the Union hereby retains and reserves unto itself all rights, powers and authority, confirmed on and vested in it by the laws and Constitution of the State of California or United States of America.
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Rights, Powers and Authority. The Board, on its own behalf and on behalf of the electors of the School District, and Superintendent, hereby retain all power, rights, authority, duties, and responsibilities conferred upon and invested in it and in him, respectively, by the laws and the Constitution of the Commonwealth of Pennsylvania save for any power or rights limited by the express terms of this Agreement.
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Rights, Powers and Authority. It is understood and agreed that the District retains 3 all of its powers and authority to direct, manage and control to the full extent of the law except 5 limited to those duties and powers are the exclusive right to: determine its organization; direct 6 the work of its employees; determine the times and hours of operation; determine the kinds and 7 levels of services to be provided, and the methods and means of providing them; establish its 8 policies, goals and objectives; insure the rights and education opportunities of students;
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Related to Rights, Powers and Authority

  • Powers and authority It has the power to enter into and perform, and has taken all necessary action to authorise the entry into and performance of, the Finance Documents to which it is or will be a party and the transactions contemplated by those Finance Documents.

  • Full Power and Authority Buyer represents that it has full power and authority to enter into this Agreement.

  • Power and Authority The Servicer has the corporate power and authority to execute and deliver this Agreement and to carry out its terms; and the execution, delivery and performance of this Agreement have been duly authorized by the Servicer by all necessary corporate action.

  • Corporate Power and Authority The Borrower has all requisite corporate power and authority to enter into this Amendment and to carry out the transactions contemplated by, and perform its obligations under, the Credit Agreement as amended by this Amendment (the "Amended Agreement").

  • Legal Power and Authority It has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. It is an entity duly organized, validly existing and in good standing under the laws its jurisdiction of organization.

  • Requisite Power and Authority Such Subscriber has all necessary power and authority under all applicable provisions of law to execute and deliver this Subscription Agreement and other agreements required hereunder and to carry out their provisions. All action on Subscriber’s part required for the lawful execution and delivery of this Subscription Agreement and other agreements required hereunder have been or will be effectively taken prior to the Closing Date. Upon their execution and delivery, this Subscription Agreement and other agreements required hereunder will be valid and binding obligations of Subscriber, enforceable in accordance with their terms, except (a) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ rights and (b) as limited by general principles of equity that restrict the availability of equitable remedies.

  • Corporate Power and Authorization The Borrower has the corporate power and authority to execute, deliver, perform, and take all actions contemplated by, each of the Loan Documents to which it is a party, and all such action has been duly and validly authorized by all necessary corporate proceedings on its part. Without limiting the foregoing, the Borrower has the corporate power and authority to borrow pursuant to the Loan Documents to the fullest extent permitted hereby and thereby from time to time, and has taken all necessary corporate action to authorize such borrowings.

  • Existence, Power and Authority If not a natural person, the Borrower is duly organized, validly existing and in good standing under the laws of the State of its incorporation or organization and has the power and authority to own and operate its assets and to conduct its business as now or proposed to be carried on, and is duly qualified, licensed and in good standing to do business in all jurisdictions where its ownership of property or the nature of its business requires such qualification or licensing. The Borrower is duly authorized to execute and deliver the Loan Documents, all necessary action to authorize the execution and delivery of the Loan Documents has been properly taken, and the Borrower is and will continue to be duly authorized to borrow under this Agreement and to perform all of the other terms and provisions of the Loan Documents.

  • Authorization and Authority Each Lender hereby irrevocably appoints Citibank, N.A. to act on its behalf as the Agent hereunder and under the Notes and authorizes the Agent to take such actions on its behalf and to exercise such powers as are delegated to the Agent by the terms hereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article are solely for the benefit of the Agent and the Lenders, and the Borrowers shall have no rights as a third party beneficiary of any of such provisions. It is understood and agreed that the use of the term “agent” herein (or any other similar term) with reference to the Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties.

  • Organization; Power and Authority The Company is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation, and is duly qualified as a foreign corporation and is in good standing in each jurisdiction in which such qualification is required by law, other than those jurisdictions as to which the failure to be so qualified or in good standing could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The Company has the corporate power and authority to own or hold under lease the properties it purports to own or hold under lease, to transact the business it transacts and proposes to transact, to execute and deliver this Agreement and the Notes and to perform the provisions hereof and thereof.

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