Construction of Powers Sample Clauses

Construction of Powers. In construing the provisions of this Agreement, the presumption shall be in favor of a grant of power to the Lead Agent, the Chief Investment Officer, and the Governing Board. The Lead Agent, the Chief Investment Officer, and the Governing Board shall not be required to obtain any court order to deal with the Portfolio Assets of any Portfolio.
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs
Construction of Powers. In construing the provisions of Section 4.4 hereof, the presumption shall be in favor of a grant of power to the Governing Board. The Governing Board shall not be required to obtain any court order to deal with the Investment Property.
Sample 1Sample 2Sample 3See All (4)
Construction of Powers. The powers in Section 9.3 will be several and cumulative and not dependent on each other and each power conferred in each paragraph of Section 9.3 will be construed as complete in itself and not by reference to any other power and the exercise of any one or more of such powers or any combination thereof, from time to time, will not be deemed to exhaust the rights of the Partners to exercise such power or powers thereafter. The powers conferred on Limited Partners will not be exercisable if the exercise thereof would constitute taking part in the management or control of the business of the Partnership.
Sample 1Sample 2

Related to Construction of Powers

  • Construction of Project 11.1.1 Developer agrees to cause the Project to be developed, constructed, and installed in accordance with the terms hereof and the Construction Provisions set forth in Exhibit D, including those things reasonably inferred from the Contract Documents as being within the scope of the Project and necessary to produce the stated result even though no mention is made in the Contract Documents.

  • Construction of Agreement The parties mutually acknowledge that they and their attorneys have participated in the preparation and negotiation of this Agreement. In cases of uncertainty this Agreement shall be construed without regard to which of the parties caused the uncertainty to exist.

  • Construction and Interpretation Should any provision of this Agreement require judicial interpretation, the parties hereto agree that the court interpreting or construing the same shall not apply a presumption that the terms hereof shall be more strictly construed against one party by reason of the rule of construction that a document is to be more strictly construed against the party that itself, or through its agent, prepared the same, and it is expressly agreed and acknowledged that Company and Executive and each of his and its representatives, legal and otherwise, have participated in the preparation hereof.

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