Limited Authority. The Manager shall have only such authority to purchase, sell, transfer or otherwise acquire or dispose of Investments for the Account of the Principal and the Participants as is specifically provided for in this Agreement. Specifically, and without limitation of the foregoing sentence, the Manager shall not have (a) except as set forth in Section 7 above, the authority to commingle any investments in the Account with the general assets of the Manager or any other person, (b) the duty to advise the Principal or its representatives as to the value of any Investment (except to the extent expressly provided herein) or the advisability of acquiring or disposing of any Investment or to provide analysis of any Investment to the Principal or its representatives, (c) the authority to acquire Investments issued, assumed, guaranteed or insured by the Principal or any affiliate of the Principal, (d) the authority to borrow or incur indebtedness for borrowed money, except for securities lending and reverse repurchase transactions, as defined in Indiana law that meet the requirements of the Indiana Insurance Code, (e) the authority to permit the aggregate value of Investments then loaned or sold to, purchased from or invested in any one business entity to exceed ten (10%) percent of the total assets in the Account, nor (f) the authority to exceed the aggregate limitations for authorized investments by Principal set forth in the Indiana Insurance Code. For purposes of this Agreement, “business entity” means a corporation, limited liability company, association, partnership, joint stock company, joint venture, mutual fund trust, or other similar form of business organization whether organized as for-profit or not-for-profit.
Limited Authority. The Customs Broker’s sole authority as the agent of the Administrative Agent is to receive and maintain possession of the Title Documents on behalf of the Administrative Agent and to follow the instructions of the Administrative Agent to the extent provided herein. Except as may be specifically authorized and instructed by the Administrative Agent, the Customs Broker shall have no authority as the agent of the Administrative Agent to undertake any other action or to enter into any other commitments on behalf of the Administrative Agent.
Limited Authority. Except for expenses and amounts associated with assets leased through the State Master Lease Program (which assets cannot be used by Service Provider), DIR hereby authorizes Service Provider to administer and pay Pass-Through Expenses, amounts under Third Party Contracts, Equipment Leases and Third Party Materials licenses for which Service Provider is financially responsible under Attachment 4-B but which have not been formally transferred to Service Provider. DIR shall provide, on a timely basis, such affirmation of Service Provider's authority to such lessors, licensors, suppliers and other third parties as Service Provider may reasonably request.
Limited Authority. 9.1 The Contractor is not and this Agreement does not render the Contractor an agent or employee of the City, and without limiting the above, the Contractor does not have authority to enter into any contract or reach any agreement on behalf of the City, except for the limited purposes as may be expressly set out in this Agreement, or as necessary in order to provide the Goods and Services. The Contractor will make such lack of authority clear to all persons with whom the Contractor deals in the course of providing the Goods and Services. Every vehicle used by the Contractor in the course of providing the Goods and Services shall identify the Contractor by name and telephone number.
Limited Authority. Accordingly, Board Authorized Representative (as well as any other individuals acting on behalf of Board) may not be authorized to effectuate certain amendments or modifications absent Board’s enactment of legislation and Consultant is deemed to understand all legal limitations on those individuals in acting under this Agreement and any Delivery Order and representing Board’s interests in administering them. The Board will provide to Consultant written explanation of the Board Authorized Representative’s authority upon written request.
Limited Authority. The Manager shall have only such authority to purchase, sell, transfer or otherwise acquire or dispose of Investments for the Account of the Principal and the Participants as is specifically provided for in this Agreement. Specifically, and without limitation of the foregoing sentence, the Manager shall not have (a) except as set forth in Section 7 above, the authority to commingle any investments in the Account with the general assets of the Manager or any other person, (b) the duty to advise the Principal or its representatives as to the value of any Investment (except to the extent expressly provided herein) or the advisability of acquiring or disposing of any Investment or to provide analysis of any Investment to the Principal or its representatives, (c) the authority to acquire Investments issued, assumed, guaranteed or insured by the Principal or any affiliate of the Principal, (d) the authority to borrow or incur indebtedness for borrowed money, except for securities lending and reverse repurchase transactions, as defined in New Hampshire law that meet the requirements of the New Hampshire Insurance Code, (e) the authority to permit the aggregate value of Investments then loaned or sold to, purchased from or invested in any one business entity to exceed ten (10%) percent of the total assets in the Account, nor (f) the authority to exceed the aggregate limitations for authorized investments by Principal set forth in the New Hampshire Insurance Code. For purposes of this Agreement, “business entity” means a corporation, limited liability company, association, partnership, joint stock company, joint venture, mutual fund trust, or other similar form of business organization whether organized as for-profit or not-for-profit.
Limited Authority. The authority granted to the Shareholders pursuant to this Article 11 is limited. No Shareholder shall have the authority to vote the Shares of another Shareholder (i) with respect to any matter other than those matters contained in this Agreement and (ii) other than in the manner provided herein.
Limited Authority. The Customs Broker’s sole authority as the agent of the Collateral Agent is to receive and maintain possession of the Title Documents and Property on behalf of the Collateral Agent and to follow the instructions of the Collateral Agent as provided herein. Except as may be specifically authorized and instructed in writing by the Collateral Agent, the Customs Broker shall have no authority as the agent of the Collateral Agent to undertake any other action or to enter into any other commitments on behalf of the Collateral Agent.
Limited Authority. 1. The Sub Producer understands and accepts the limitations contained in this Agreement and further agrees that no insurance or bond submitted for consideration to AFG will be effective until accepted in writing by AFG. Sub Producer has no binding authority on behalf of AFG, except as specifically designated in writing to Sub Producer by AFG.
Limited Authority. The Agent shall have only such authority and duties to make, hold and administer Investments for the Account of the Principal as specifically provided for in this Agreement. Specifically, and without limitation of the foregoing sentence, the Agent shall not have (i) the discretionary authority to purchase, sell, hypothecate, transfer or otherwise acquire or dispose of any Investments for the Account of the Principal, nor (ii) the duty to advise the Principal or its representatives as to the value of any Investment or to provide analysis of any Investment to the Principal or its representatives.
