Scope of Power. The Board shall have the power and authority to exercise any power common to the parties hereto and to exercise any power set forth in California Government Code Section 6508, provided that the same are for the furtherance of the objectives of this Amended Agreement as contained herein and in the recitals set forth above, and to the extent permissible thereunder, is authorized to do all acts necessary for the exercise of these powers on behalf of its Members. These powers include, but are not limited to, the following, in CHAC’s own name:
4.1 To make and enter into contracts;
4.2 To incur debts, liabilities, and obligations and to encumber personal property;
4.3 To acquire, hold, or dispose of personal property, contributions, funds, services, and other forms of assistance from persons, firms, corporations, and government entities;
4.4 To sue and be sued in its own name, and to settle any claim against it;
4.5 To receive and use contributions and advances from Members, if any, as provided in Government Code Section 6504, as amended including contributions or advances of personnel and equipment;
4.6 To retain the services of agents, contractors, and consultants;
4.7 To receive, collect, and disburse monies;
4.8 To contract for services from Members, including in-kind services;
4.9 Subject to this Amended Agreement or the Bylaws of CHAC, and only as authorized by the Joint Exercise of Powers Act, to exercise other reasonable and necessary powers in furtherance or support of any purpose of CHAC. In the absence of its consent, no party to this Amended Agreement, appointing power, or members of the Board shall be bound to provide any sum of money, property, or service of any kind to CHAC. The Board shall have no power or authority to bind any parties to this Amended Agreement to any debt, liability, or obligation in the absence of express written authorization from the party to be bound.
Scope of Power. BMO InvestorLine and the Client acknowledge and agree that the grant of trading authorization to the Agent does not entitle the Agent to do any of the following:
Scope of Power. The business and affairs of the Company shall be managed by or under the direction of the General Manager, except as may otherwise be provided in this Operating Agreement or by non-waivable provisions of the Act. The General Manager shall have the power on behalf and in the name of the Company to carry out any and all objects and purposes of the Company contemplated by this Operating Agreement and to perform all acts which it may deem necessary, advisable or appropriate in connection therewith. The Members agree that all determinations, decisions and actions made or taken by the General Manager (or its designee(s)) shall be conclusive and absolutely binding upon the Company, the Members (but only in their capacity as such) and their respective successors, assigns and personal representatives.
Scope of Power. The grant of authority in Section 12.1:
(a) is a special power of attorney coupled with an interest, is irrevocable and shall survive the death, incapacity, disability, bankruptcy, incompetency, termination or dissolution of any Limited Partner;
(b) may be exercised by the General Partner for each Limited Partner by a facsimile signature or by listing all of the Limited Partners executing any instrument with the General Partner’s signature as attorney-in-fact for all of them; and
(c) shall extend to the Limited Partners’ heirs, successors and assigns.
Scope of Power. The Committee shall be a community resource to assist in the discussion and review of available services that provide a safe, secure and healthy environment in support of youth and families in the Conejo Valley (areas located within the boundaries of each of the Parties), including substance abuse and mental health education.
14.1 The Committee will have no authority to incur any obligation in excess of the amount appropriated to its use by the funding sources. The debts, liabilities and obligations of the Committee shall not become the debts, liabilities and obligations of the Parties to the AGREEMENT, unless expressly consented to by an individual party or Parties in which case such debts, liabilities and obligations shall be imputed to that party or Parties only.
Scope of Power. The power of attorney granted by each Limited Partner to the Managing General Partner as hereinabove provided:
19.2.1 Is a special power of attorney coupled with an interest, is irrevocable, shall survive the death or disability of a Limited Partner, and is limited to the matters as set forth in Paragraph 19.1 (Grant of Power) hereof;
19.2.2 May be exercised by the Managing General Partner for each Limited Partner by a facsimile signature of the Managing General Partner or by listing each Limited Partner executing any instrument with a facsimile signature of the Managing General Partner acting as attorney-in-fact for all of the Limited Partners; and
19.2.3 Shall survive the delivery of an assignment by a Limited Partner of the whole or any portion of such Limited Partner's interest in the Partnership except that, where the assignee thereof has been approved for admission to the Partnership as a Substitute Limited Partner, the special power of attorney shall survive the delivery of such assignment for the sole purpose of enabling the Managing General Partner to execute, acknowledge and file any instrument necessary to effect such substitution.
