AUTHORITY FOR FEDLINK SERVICES Sample Clauses

AUTHORITY FOR FEDLINK SERVICES. The Federal Library and Information Network (FEDLINK) is a nationwide interagency consortium sponsored by the Library of Congress. The mission of FEDLINK is to serve Federal libraries and information centers as their purchasing, training, and resource-sharing consortium. The Library operates FEDLINK under the statutory authority of the Library of Congress Fiscal Operations Improvement Act ( Pub. L. 106-481, 2 U.S.C. § 182c), which established FEDLINK as a Federal revolving fund program. FEDLINK is recognized by the Office of Management and Budget and the Government Accountability Office, both of which encouraged the program’s development and use by Federal agencies.
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Related to AUTHORITY FOR FEDLINK SERVICES

  • Authority for Agreement The execution and delivery by the Company of this Subscription Agreement and the consummation of the transactions contemplated hereby (including the issuance, sale and delivery of the Securities) are within the Company’s powers and have been duly authorized by all necessary corporate action on the part of the Company. Upon full execution hereof, this Subscription Agreement shall constitute a valid and binding agreement of the Company, enforceable against the Company in accordance with its terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium, and other laws of general application affecting enforcement of creditors’ rights generally, (ii) as limited by laws relating to the availability of specific performance, injunctive relief, or other equitable remedies and (iii) with respect to provisions relating to indemnification and contribution, as limited by considerations of public policy and by federal or state securities laws.

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