Common use of The Authority Clause in Contracts

The Authority. The Authority reserves and maintains all its inherent rights to manage the business and the Authority shall have the prerogatives which are not abridged by this Agreement to determine and direct the policies, procedures and methods of operating its business. The Authority’s failure to exercise any function or right reserved to it or its exercising any function or right in a particular way shall not be deemed a waiver of its rights to exercise such function or right.

Appears in 3 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement

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The Authority. The Authority reserves and maintains all its inherent rights to manage the business and the Authority shall have the prerogatives which are not abridged by this Agreement to determine and direct the policies, procedures and methods of operating its business. The Authority’s 's failure to exercise any function or right reserved to it or its exercising any function or right in a particular way shall not be deemed a waiver of its rights to exercise such function or right.

Appears in 1 contract

Samples: Memorandum of Agreement

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The Authority. The Authority reserves and maintains all its inherent rights to manage the business and the Authority shall have the prerogatives which are not abridged by this Agreement to determine and direct the policies, procedures proce- dures and methods of operating its business. The Authority’s 's failure to exercise any function or right reserved to it or its exercising any function or right in a particular way shall not be deemed a waiver of its rights to exercise such function or right.

Appears in 1 contract

Samples: Memorandum of Agreement

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