Power and Authority definition

Power and Authority each such Group Member has authority, and has completed all proceedings and obtained all approvals and consents necessary, to execute, deliver and perform the Finance Documents to which it is a party, and the transactions contemplated thereby;
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Power and Authority. The Operator has the requisite corporate power and authority to enter into this Agreement and to perform according to the terms hereof.
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Power and Authority. The Company has all requisite corporate power and corporate authority to enter into, execute, deliver and perform its obligations under this Agreement and each of the Company Ancillary Agreements and to consummate the Merger. The Merger and the execution, delivery and performance by the Company of this Agreement, each of the Company Ancillary Agreements and all other Contracts, transactions and actions contemplated hereby or thereby, have been duly and validly approved and authorized by the Company’s Board of Directors and, upon receipt of the Stockholder Approval (as defined in Section 3.3(d) below), will be duly and validly approved by the Company Stockholders.
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Examples of Power and Authority in a sentence

  • Power and Authority; Compliance With Laws; Title to Properties; Event of Default.

  • Farmers, Traders, Warriors, and Kings: Female Power and Authority in Northern Igbo land, 1900-1960.

  • The Cabinet considered the report of the Chief Legal and Democratic Officer in relation to the appointment of a Council representative to the Council of Governors of the newly formed Liverpool University Hospital NHS Foundation Trust, an amalgamation of both the Aintree University Hospital NHS Foundation Trust (AUH) and Royal Liverpool & Broadgreed University Hospitals NHS Trust (RLB).

  • Organization and Business; Power and Authority; Effect of Transaction.................................................

  • IV.1 Management; Delegation of Power and Authority to the Organizer and the Advisor.

  • Power and Authority of Insurer or Third Party AdministratorCertain benefits offered in the Plan are fully-insured and provided by the Insurer or third party administrator indicated in the Attachments, previously sent information or available through the Plan Administrator.

  • II, § 78-148 (1992))[Note: Time of transfer inspection programs are also effective for eliminating illicit connections to the municipal stormwater collection system and identifying sources of private infiltration.] Inspection Programs – Power and Authority of InspectorsThe City shall be permitted to enter all properties for the purposes of inspection, observation, measurement, sampling and testing in accordance with the provisions of this chapter.

  • Parent and Purchaser hereby represent and warrant to Stockholder that: (a) Power and Authority; Execution and Delivery.

  • Brian Pusser, Power and Authority in the Creation of a Public Sphere Through Higher Education, in UNIVERSITIES AND THE PUBLIC SPHERE: KNOWLEDGE CREATION AND STATE BUILDING IN THE ERA OF GLOBALIZATION 27, 29 (Brian Pusser, Ken Kempner, Simon Marginson & Imanol Ordorika eds., 2012) (describing the “basic normative and functionalist assumption that [higher education] institutions exist to generate public and private goods in the public interest”).

  • Section 5.1. Power and Authority of the Manager 16 Section 5.2. Term and Removal of the Manager 21 Section 5.3. Determinations by the Manager 22 Section 5.4. Exculpation, Indemnification, Advances and Insurance 22 Section 5.5. Duties of the Manager and its Officers and Directors 25 Section 5.6. Outside Activities 26 Section 5.7. Reliance by Third Parties 26 Section 5.8. Certain Conflicts of Interest 27 Section 5.9. Fees Payable to the Manager or its Affiliates 27 Section 5.10.


More Definitions of Power and Authority

Power and Authority. Obligors: Each of the Obligors has the power, and ----------------------------- has taken all necessary action (including, without limitation, any consent of shareholders required by law or by its constitutional documents) to authorise it to execute, deliver and perform the terms and provisions of and to incur its obligations under this Agreement and the other Loan Documents to which it is a party and to borrow hereunder or otherwise utilise the Facilities. This Agreement and each of the other Loan Documents to which it is a party has been or, when executed, will be duly authorised, executed and delivered by each Obligor and constitutes the legal, valid and binding obligation of that Obligor enforceable in accordance with its terms (except in so far as enforceability may be limited by insolvency or similar laws of general application affecting creditors' rights and by general principles of equity).
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Power and Authority. Owner has the requisite power and authority to enter into this Agreement and to perform according to the terms hereof, subject to approval by the Bankruptcy Court for the District of New Jersey
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Related to Power and Authority

  • second authority means the authority to which a mover is liable to make payments for the new dwelling;

  • Lead Authority means the local authority appointed by the Parties under this agreement to lead on a particular function in accordance with Clause 12.

  • Road authority means each governmental agency with jurisdiction over public streets and highways. Road authority includes the department, any other state agency, and intergovernmental, county, city, and village governmental agencies responsible for the construction, repair, and maintenance of streets and highways. When a street railway operates or seeks to operate a street railway system over public streets and highways over which more than 1 road authority possesses jurisdiction, road authority includes each road authority with jurisdiction over public streets and highways upon which the street railway operates or seeks to operate a street railway system.

  • designated authority means any of the following;

  • prescribed authority means the authorities specified in Rule 12 of Plastic Waste Management and Handling Rules, 2016, and Commissioner, Municipal Corporations, Chief Executive Officer/Executive Officer, Urban Local Bodies ;

  • Delegated Authority means any person or committee delegated with authority by the Municipality in terms of the provisions of the Municipal Finance Management Act.

  • Combined Authority means an authority established under section 103(1) of the Local Democracy, Economic Development and Construction Act 2009 or an authority to which a delegation of the Secretary of State’s functions has been made under section 39A of the Greater London Authority Act 1999;

  • requested authority means a competent administrative authority which has been appointed by a Party for this purpose and which receives a request for assistance in customs matters;

  • authorized authority means, in relation to any Person, transaction or event, any (a) federal, provincial, municipal or local governmental body (whether administrative, legislative, executive or otherwise), both domestic and foreign, (b) agency, authority, commission, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government, (c) court, arbitrator, commission or body exercising judicial, quasi-judicial, administrative or similar functions, and (d) other body or entity created under the authority of or otherwise subject to the jurisdiction of any of the foregoing, including any stock or other securities exchange, in each case having jurisdiction over such Person, transaction or event.

  • Corporate Authorities means the City Council of the City.

  • Award Authority means the authority having the jurisdiction to award the Contract according to the City’s by-laws, policies or procedures;

  • Second Authorised Participant means GWM Limited and any successor thereto.

  • Appropriate Authority means any government or taxing authority.

  • Reactive Power means the power component which does not produce work but is necessary to allow some equipment to operate, and is measured in kiloVolt Amperes Reactive (kVAR);

  • Fire authority means the department, agency, or public entity with responsibility

  • net power means the power obtained on a test bench at the end of the crankshaft or its equivalent at the corresponding engine speed with the auxiliaries and equipment listed in Table 1 of Annex 4 to this Regulation, determined under reference atmospheric conditions;

  • Appropriate Authority(ies) means the U.S. State Department, the government authority(ies) in the Covered Person’s Home Country or Country of Residence or the government authority(ies) of the Host Country.

  • Authority means any governmental, regulatory or administrative body, agency or authority, any court or judicial authority, any arbitrator, or any public, private or industry regulatory authority, whether international, national, Federal, state, or local.

  • PURCHASE AUTHORITY means the officer signing the acceptance of tender and shall include any officer who has authority to execute the relevant contract on behalf of the purchaser.

  • Good Standing means only that as of the date of this opinion the Company is up-to-date with the filing of its annual returns and payment of annual fees with the Registrar of Companies. We have made no enquiries into the Company’s good standing with respect to any filings or payment of fees, or both, that it may be required to make under the laws of the Cayman Islands other than the Companies Act.

  • Private Authorizations means all franchises, permits, licenses, approvals, consents and other authorizations of all Persons (other than Governmental Authorities).

  • Limited liability company means a limited liability company formed under Chapter 1705 of the Ohio Revised Code or under the laws of another state.

  • Applicable Authority means (a) with respect to SOFR, the SOFR Administrator or any Governmental Authority having jurisdiction over the Administrative Agent or the SOFR Administrator with respect to its publication of SOFR, in each case acting in such capacity and (b) with respect to any Alternative Currency, the applicable administrator for the Relevant Rate for such Alternative Currency or any Governmental Authority having jurisdiction over the Administrative Agent or such administrator with respect to its publication of the applicable Relevant Rate, in each case acting in such capacity.

  • Member in Good Standing means a member in service who is not subject to removal by the employing city of the member pursuant to section 400.18 or 400.19, or other comparable process, and who is not the subject of an investigation that could lead to such removal. Except as specifically provided pursuant to section 411.9, a person who is restored to active service for purposes of applying for a pension under this chapter is not a member in good standing.

  • In good standing means, in respect of a registrant,

  • State authority means the hospital finance authority created by this act.