XXXXXX OF THE AUTHORITY Sample Clauses

XXXXXX OF THE AUTHORITY. The Authority shall have the power to contract for the installation, operation and maintenance of an emergency telephone service, including “reverse 911” and other advanced technology or notification systems utilizing telephone, whether traditional “landline,” “cellular”, or other technology capabilities to alert the public to emergencies in the area. The Authority shall pay the costs associated with that service from an emergency telephone charge imposed pursuant to state law and regulations, consistent with C.R.S. 00-00-000 and 102.5, or as the statute may be revised. Since 1991 this charge has been not more than $ .70 (seventy cents) per telephone exchange per month, but the parties anticipate that such charge may be increased to reflect increasing costs of providing the emergency service, and agree that the Authority shall have the power to adjust the rate charged according to revisions made in the statute or in tariffs approved by state regulatory agencies. The funds collected shall be used solely to pay for equipment installation costs, service charges, maintenance costs, and other costs related to the continued operation of an emergency telephone service. The funds collected shall be kept in a cash fund separate and apart from any party’s general fund. Any funds remaining unexpended at the end of a year shall be carried over to the next succeeding year for the same purpose in supplying emergency telephone service. If this Agreement is ever discontinued, any balance in the cash account of the Authority shall be transferred to the general funds of the parties to this Agreement on a basis which is proportionate to the population of such parties. Notwithstanding any other provision of this Agreement, the Authority shall have no power to contract debt or to expend or obligate expenditure of any funds in excess of the net proceeds of the emergency telephone charges imposed, paid and collected. The Parties have agreed to the above revisions and confirm their agreement by their signatures below: Board of County Commissioners Date: Chair Attest:
AutoNDA by SimpleDocs
XXXXXX OF THE AUTHORITY. The AUTHORITY shall have the power and authority to exercise any power common to the Public Educational Agencies which are parties to this Agreement, as herein set forth. Pursuant to the California Government Code, the exercise of the aforesaid powers of the AUTHORITY shall be subject to the same restrictions in exercising its powers as a public educational agency except as otherwise provided in this Agreement.

Related to XXXXXX OF THE AUTHORITY

  • The Authority As to the Authority, the following section shall survive discharge: Section 2.3 (right to conduct audit).

  • Obligations of the Authority 6.1.1 The Authority shall, at its own cost and expense undertake, comply with and perform all its obligations set out in this Agreement or arising hereunder.

  • Notice to the Authority No later than [45 (forty five)] days prior to commencement of the Construction Period or the Operation Period, as the case may be, the Concessionaire shall by notice furnish to the Authority, in reasonable detail, information in respect of the insurances that it proposes to effect and maintain in accordance with this Article 27. Within [30 (thirty)] days of receipt of such notice, the Authority may require the Concessionaire to effect and maintain such other insurances as may be necessary pursuant hereto, and in the event of any difference or disagreement relating to any such insurance, the Dispute Resolution Procedure in Article 39 shall apply.

  • Power of the Authority to undertake works 16.5.1 Notwithstanding anything to the contrary contained in Clauses 16.1.1, 16.2 and 16.3, the Authority may, after giving notice to the Concessionaire and considering its reply thereto, award any works or services, contemplated under Clause 16.1.1, to any person on the basis of open competitive bidding. Provided that the Concessionaire shall have the option of matching the first ranked bid in terms of the selection criteria, subject to payment of 2% (two per cent) of the bid amount to the Authority$, and thereupon securing the award of such works or services. For the avoidance of doubt, it is agreed that the Concessionaire shall be entitled to exercise such option only if it has participated in the bidding process and its bid does not exceed the first ranked bid by more than 10% (ten percent) thereof. It is also agreed that the Concessionaire shall provide access, assistance and cooperation to the person who undertakes the works or services hereunder.

  • Xxxxxx of the Arbitrator It shall be the function of the arbitrator, and he/she shall be empowered, except as his/her powers are limited below, after due investigation, to make a decision in cases of alleged violation of the specific articles and sections of this Agreement.

  • Representations and Warranties of the Authority The Authority represents and warrants to the Concessionaire that:

  • CONDUCT OF THE AUCTION Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The seller and selling agents reserve the right to preclude any person from bidding if there is any question as to the person’s identity, credentials, fitness to bid, financial ability to buy, etc. All decisions of the Auctioneer are final. --- AGENCY DISCLOSURE & GENERAL OFFICE POLICIES: Ness Bros. will represent the Seller exclusively unless a Ness Bros. Agent has a signed buyer agency agreement with Buyer, then that agent has a limited agency with Buyer. --- DISCLAIMER & ABSENCE OF WARRANTIES: All information contained online or in the brochure and related material is subject to the terms and conditions outlined in the Purchase Agreement. The Property is being sold on an "AS IS, WHERE IS" basis. No warranty or representation, either expressed or implied, concerning the Property, its condition, or the condition of any other components on the Property, is made by the Seller or Ness Bros. All sketches and dimensions online or in the brochure are approximate. The information contained online or in the Brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or Ness Bros. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. --- TERMS: Xxxxxxx Money of 10% down or $2,500.00, whichever is greater the day of Auction, balance is due in full upon delivery of the merchantable title and deed free and clear of all liens and encumbrances except as stated herein and subject to easements or restrictions of record. A Buyer’s Premium of 5%, or minimum of $2,500, whichever is greater will be added to final bid and included in the total contract price. All bids accepted on the Real Estate subject to Sellers approval.

  • Committee Authority The Committee shall have all discretion, power, and authority to interpret the Plan and this Agreement and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith. All actions taken and all interpretations and determinations made by the Committee in good faith shall be final and binding upon the Employee, the Company and all other interested persons, and shall be given the maximum deference permitted by law. No member of the Committee shall be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or this Agreement.

  • Assignment by the Authority Notwithstanding anything to the contrary contained in this Agreement, the Authority may, after giving 60 (sixty) days' notice to the Concessionaire, assign and/ or transfer any of its rights and benefits and/or obligations under this Agreement to an assignee who is, in the reasonable opinion of the Authority, capable of fulfilling all of the Authority's then outstanding obligations under this Agreement.

  • Damages for delay by the Authority In the event that (i) the Authority does not procure fulfilment of any or all of the Conditions Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force Majeure, the Authority shall pay to the Concessionaire Damages in an amount calculated at the rate of 0.1% (zero point one per cent) of the Performance Security for each day‟s delay until the fulfilment of such Conditions Precedent, subject to a maximum of 20% (twenty percent) of the Performance Security.

Time is Money Join Law Insider Premium to draft better contracts faster.