Status of Authorization Sample Clauses

Status of Authorization. The following authorizations are all of the authorizations (other than authorizations that are of a routine nature and are obtained in the Ordinary Course of business) needed by the Company to conduct its Business and execute, perform and comply with its obligations under this Agreement: (i) authorization from the general shareholders assembly of the Company authorizing its legal representative to execute this Agreement pursuant to Clauses III and V of the Original Shareholder Agreement, and as otherwise may be required; (ii) license for the fabrication of cannabis derivatives number 5221 dated December 18, 2017, issued by the Ministry of Health and Social Protection (Ministerio de Salud y Protección Social) for national use and export, which was amended by resolution number 3465 dated August 17, 2018; (iii) license for the cultivation of psychoactive cannabis number 1102 dated December 29, 2017 issued by the Ministry of Justice and Law (Ministerio de Justicia y del Derecho), as amended by resolution number 674 dated July 24, 2018, for the production of seeds for planting, production of grain and fabrication of derivatives; and
Sample 1
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Status of Authorization. The following authorizations are all of the authorizations (other than authorizations that are of a routine nature and are obtained in the Ordinary Course of Business) needed by the Company to conduct its Business and execute, perform and comply with its obligations under this Agreement: [LICENCE AND APPLICATION DEATAILS] ‘‘Applications’’). (the “Licenses”); (iii) (‘‘Application 1’’); (iv) (‘‘Application 2’’, together with Application 1 referred to as the The foregoing authorizations excluding with respect to the Applications have been obtained and are in full force and effect and there are no facts or circumstances which indicate that any of such authorizations would or might be revoked, cancelled, varied or not renewed. All actions that are or may have been desirable or necessary have been taken by the Company in compliance with the terms of this Agreement and all applicable laws (or any other appropriate parties) in connection with the Applications to ensure the authorization thereof in a timely manner, anticipated to occur on or before .
Sample 1

Related to Status of Authorization

  • Revocation of Authorization 1. Either Party may revoke, suspend or limit the operating authorizations or technical permissions of an airline designated by the other Party where:

  • Letter of Authorization Each Party is responsible for obtaining a Letter of Authorization (LOA) from each End User initiating transfer of service from one Party to the other Party in accordance with applicable law. The Party obtaining the LOA from the End User will furnish it to the other Party upon request. The Party obtaining the LOA is required to maintain the original document, for a minimum of twenty-four (24) months from the date of signature. If there is a conflict between an End User and Carrier regarding the disconnection or provision of services, Frontier will honor the latest dated Letter of Authorization. If the End User’s service has not been disconnected and services have not yet been established, Carrier will be responsible to pay the applicable service order charge for any order it has placed. If the End User’s service has been disconnected and the End User’s service is to be restored with Frontier, Carrier will be responsible to pay the applicable nonrecurring charges as set forth in Frontier applicable tariff to restore the End User’s prior service with Frontier.

  • Proof of Authorization 5.3.1 Each Party shall be responsible for obtaining and maintaining Proof of Authorization (POA) as required by applicable federal and state law, as amended from time to time.

  • Lines of Authority The Owner shall establish and maintain lines of authority for his personnel and shall provide this definition to the Construction Manager and all other affected parties.

  • Scope of Authority Committee meetings will be used for communications between the parties, to share information and to address concerns. The committee will have no authority to conduct any negotiations or modify any provision of this Agreement. The committee’s activities and discussions will not be subject to the grievance procedure in Article 30.

  • Evidence of Authority The Custodian shall be protected in acting upon any instructions, notice, request, consent, certificate or other instrument or paper believed by it to be genuine and to have been properly executed by or on behalf of the Fund. The Custodian may receive and accept a certified copy of a vote of the Board of Directors of the Fund as conclusive evidence (a) of the authority of any person to act in accordance with such vote or (b) of any determination or of any action by the Board of Directors pursuant to the Articles of Incorporation as described in such vote, and such vote may be considered as in full force and effect until receipt by the Custodian of written notice to the contrary.

  • Certification of Authority The undersigned certify that the persons executing this agreement on behalf of City and SDA have legal authority to enter into this agreement on behalf of City and SDA respectively and have full authority to bind City and SDA in a valid Agreement on the terms herein.

  • Limitations of Authority (1). Neither Party has authority to act for or on behalf of the other except as provided in this Agreement. No other authority, power, partnership, use of rights are granted or implied.

  • CERTIFICATE OF AUTHORITY The Trust, the Adviser and the Sub-Adviser shall furnish to each other from time to time certified copies of the resolutions of their Boards of Trustees/Directors or executive committees, as the case may be, evidencing the authority of officers and employees who are authorized to act on behalf of the Trust, a Fund Account, the Adviser and/or the Sub-Adviser.

  • Reservation of Authority Nothing in this subpart shall limit the authority of the Secretary to take action to enforce conditions or violations of law, including actions necessary to prevent evasions of this subpart.

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