Existing Authority Sample Clauses
The 'Existing Authority' clause defines the legal power or authorization that a party already possesses prior to entering into an agreement. It typically clarifies that any actions, consents, or approvals required under the contract are within the scope of authority that the party already holds, and may require the party to confirm that no further permissions are needed from third parties or governing bodies. This clause ensures that all parties can rely on the validity of each other's commitments, reducing the risk of later disputes over whether a party was properly empowered to act.
Existing Authority. Existing Authority" has the meaning set forth in Section 3.7 hereof.
Existing Authority. Nothing in this MOA is intended to alter, limit, or expand the Agencies’ statutory and regulatory authority.
Existing Authority. Nothing in this MOU is intended to alter, limit, or expand any of the Parties’ statutory and regulatory authority.