Operator’s Authority to Execute Contracts Sample Clauses

Operator’s Authority to Execute Contracts. Subject to any procedures established and approved by the Management Committee, contracts relating to the scope of this Agreement business may be executed by Serviceco. Copies of all contracts entered into by Serviceco which affect the Partnership or the Facilities shall be in writing and shall be provided to the Partnership. Without approval of the Management Committee, Serviceco shall not execute any contract with or otherwise commit the Partnership or Serviceco to any obligation to any third party unless (i) the contract or commitment is authorized pursuant to Section 3.4 or 5.2 and (ii) the contract or commitment contains a provision limiting the claims of such third party (and any of its beneficiaries) thereunder to the assets of the Partnership and expressly waiving any rights of such parties (and any beneficiaries) to proceed against the Partners individually.
Sample 1
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Operator’s Authority to Execute Contracts. Subject to the terms of this CO&M Agreement, contracts in connection with Operation of the Combined Facilities may be negotiated and executed or amended by the Operator as agent for the Company. Copies of all contracts entered into by the Operator on behalf of the Company shall be provided to the Company. All contracts and permits, if any, relating to Company business and executed by the Operator prior to the Formation Date shall be assigned by the Operator to the Company as soon as practicable after the Formation Date.
Sample 1
Operator’s Authority to Execute Contracts. Subject to the direction and prior approval of the Management Committee and subject to any procedures established by the Management Committee, any contracts relating to Partnership business may be executed by the Operator on behalf of the Partnership. Copies of all contracts entered into by the Operator which affect the Partnership or the Facilities shall be provided to the Partnership.
Sample 1
Operator’s Authority to Execute Contracts. Subject to the terms of this CO&M Agreement, contracts in connection with the Operation of the Facilities may be negotiated and executed or amended by the Operator as agent for the Company. Copies of all contracts entered into by the Operator on behalf of the Company shall be provided to the Company. All contracts and permits, if any, relating to Company business and executed by the Operator prior to the Execution Date, to the extent assignment of such contracts and permits is allowed by the terms of such permits and contracts, shall be assigned by the Operator to the Company as soon as practicable after the Execution Date. If the terms of the permits and contracts prohibit or limit assignment to the Company, the Operator shall seek amendment of such permits and contracts to allow assignment to the Company. Notwithstanding the foregoing, the Operator may obtain services from its Affiliates pursuant to existing and future agreements between the Operator and such Affiliates and shall not be required to enter into separate agreements on behalf of the Company or to assign such agreements to the Company.
Sample 1
Operator’s Authority to Execute Contracts. Subject to any procedures established and approved by the Management Committee and to the prior approval of the Management Committee with respect to those
Sample 1
Operator’s Authority to Execute Contracts. Copies of all contracts entered into by the Operator on behalf of the Company shall be provided to the Company. All contracts and permits, if any, relating to Company business and executed by the Operator prior to the Formation Date shall be assigned by the Operator to the Company as soon as practicable after the Formation Date. Operator may, in its discretion, enter into such contracts with third party suppliers of materials, supplies and/or equipment as it deems necessary in order to fulfill its obligations under this CO&M Agreement. All payments associated with such contracts shall be payable by the Company directly to such third party.
Sample 1

Related to Operator’s Authority to Execute Contracts

  • Authority to Execute Agreement Each of the Parties represents and warrants that its undersigned representative has been expressly authorized to execute this Agreement for and on behalf of such Party.

  • RIGHT TO AUDIT; SUPPORTING DOCUMENTS; AUTHORITY OF STATE AUDITOR By executing this Agreement, implementing the authority of, and accepting the benefits provided by Chapter 313 of the TEXAS TAX CODE, the Parties agree that this Agreement and their performance pursuant to its terms are subject to review and audit by the State Auditor as if they are parties to a State contract and subject to the provisions of Section 2262.154 of the TEXAS GOVERNMENT CODE and Section 313.010(a) of the TEXAS TAX CODE. The Parties further agree to comply with the following requirements:

  • Authority to Bind Contractor The signatory for the Contractor represents that he/she has been duly authorized to execute this Contract on behalf of the Contractor and has obtained all necessary or applicable approvals to make this Contract fully binding upon the Contractor when his/her signature is affixed, and accepted by the State.

  • Representative's Authority to Contract By signing this contract, the representative of the contractor thereby represents that such person is duly authorized by the contractor to execute this contract on behalf of the contractor and that the contractor agrees to be bound by the provisions thereof.

  • Authority to Execute Each person executing this Agreement represents and warrants that he or she is duly authorized and has legal authority to execute and deliver this Agreement. Each party represents and warrants to the other that the execution and delivery of this Agreement and the performance of such party’s obligations hereunder have been duly authorized. [Signatures on Following Page]

  • Seller’s Authority Seller has full power to execute and deliver this Agreement and all related documents, and to carry out the transactions contemplated herein. This Agreement is valid, binding and enforceable against Seller in accordance with its terms except as such enforceability may be limited by creditors' rights, laws and applicable principles of equity. Each individual executing this Agreement on behalf of Seller represents and warrants to Buyer that he or she is duly authorized to do so and thereby to bind Seller.

  • Where a Contracting Party expropriates the assets of a company which is incorporated or constituted under the law in force in any part of its own territory, and in which investors of the other Contracting Party own shares, it shall ensure that the provisions of this Article are applied so as to guarantee prompt, adequate and effective compensation in respect of their investment to such investors of the other Contracting Party who are owners of those shares.

  • Instructions; Authority to Act The Servicer shall be deemed to have received proper instructions with respect to the Receivable Files upon its receipt of written instructions signed by a Trust Officer of the Indenture Trustee.

  • Notice to Taxing Authorities and Insurance Companies The Seller shall transmit to the applicable taxing authorities and insurance companies (including primary mortgage insurance policy insurers, if applicable) and/or agents, notification of the transfer of the servicing to the Purchaser, or its designee, and instructions to deliver all notices, tax bills and insurance statements, as the case may be, to the Purchaser from and after the Transfer Date. The Seller shall provide the Purchaser with copies of all such notices within five (5) Business Days following the Transfer Date;

  • Required Consents; Authority All consents, approvals, authorizations and orders necessary for the execution and delivery by such Selling Stockholder of this Agreement and the Power of Attorney (the “Power of Attorney”) and the Custody Agreement (the “Custody Agreement”) hereinafter referred to, and for the sale and delivery of the Shares to be sold by such Selling Stockholder hereunder, have been obtained; and such Selling Stockholder has full right, power and authority to enter into this Agreement, the Power of Attorney and the Custody Agreement and to sell, assign, transfer and deliver the Shares to be sold by such Selling Stockholder hereunder; this Agreement, the Power of Attorney and the Custody Agreement have each been duly authorized, executed and delivered by such Selling Stockholder.

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