Necessary powers Sample Clauses
The 'Necessary powers' clause grants a party the authority to take all actions required to fulfill its obligations under the agreement. In practice, this means the party is confirming it has obtained all internal approvals, consents, or legal rights needed to perform its duties, such as signing contracts or making decisions on behalf of an organization. This clause ensures that the party is fully empowered to act, thereby preventing disputes over lack of authority and ensuring the enforceability of the agreement.
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Necessary powers. Each Party warrants and represents that it possesses all necessary powers and rights to comply with the obligations set forth in this Agreement.
Necessary powers. 17 The agency shall have such powers as are necessary to carry out the purpose hereinabove 18 stated, including but not limited to the power to contract for goods and services, to employ an 19 Executive Officer and other necessary personnel, experts, and consultants, to contract for special 20 reports, surveys and studies, and to accept gifts, loans or grants from public or private sources, 21 and to implement other cooperative agreements.
Necessary powers. The Association shall have the powers necessary for the administration of the project’s affairs.
Necessary powers. The Trust shall have all necessary and proper powers for the exercise of the authorities vested in it.