Restrictions on Authority Sample Clauses

Restrictions on Authority. (a) Notwithstanding any other Section of this Agreement, the General Partner shall have no authority to perform any act in violation of any applicable law, Agency or other government regulations, the requirements of any Lender, or the Project Documents. In the event of any conflict between the terms of this Agreement and any applicable Regulations or requirements of any Lender, the terms of such Regulations or the requirements of such Lender, as the case may be, shall govern. Subject to the provisions of Section 6.2(b), the General Partner, acting in its capacity as General Partner, shall not have the authority, without the Consent of the Special Limited Partner:
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Restrictions on Authority. A. The General Partner and its Affiliates shall have no authority to perform any act in violation of any applicable laws or regulations thereunder, nor shall the General Partner as such have any authority:
Restrictions on Authority. Notwithstanding subsection 6.1 of this Article, only the Member may take the following actions or may direct the Manager to take the following actions:
Restrictions on Authority. The Provider will not commit or otherwise bind BC Housing to any agreements in any manner whatsoever, except to the extent specifically provided in this Agreement and in particular, without limiting the generality of the foregoing, the Provider will not take any action, expend any sum, make any decision, give any consent, approval or authorization or incur any obligation with respect to any lease or any other arrangement involving the rental, use or occupancy of all or part of the Development other than a Residency Agreement in accordance with this Agreement, except with the prior written approval of BC Housing, in its sole discretion.
Restrictions on Authority. Without the consent of holders of a majority of the outstanding Partnership Units held by the Special Limited Partners, the General Partner may not consent to the Partnership participating in any merger, consolidation or other combination with or into another Person or sale of all or substantially all of its assets.
Restrictions on Authority. For all purposes under this Agreement, the Distributor is an independent contractor and shall not be deemed to be an employee, agent, partner or legal representative of the Company. This Agreement does not grant, and the Distributor shall not have, any authority, express or implied, to create or assume any obligation, enter into any agreement, make any representation or warranty, file any document with any governmental body or serve or accept legal process on behalf of the Company, to settle any claim by or against the Company, or to bind or otherwise render the Company liable in any way in the Territory or anywhere else in the world, without the prior express written consent of the Company. The Distributor shall purchase the Products for its own account from the Company and shall re-sell the Products for its own account in the Territory.
Restrictions on Authority. With respect to the Company and its property, the Manager shall have no authority to perform any act in violation of the Ohio Act or any other applicable laws or regulations thereunder, nor shall the Manager have any authority, except as expressly provided in this Agreement, to:
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Restrictions on Authority. Notwithstanding the provisions of Section 3.1, the General Partner shall not have the authority to do any of the following without the consent of MCLP:
Restrictions on Authority. Without the unanimous consent of the Partners, no Partner or officer of the Partnership shall have authority to do, or to cause the Partnership to do, any of the following:
Restrictions on Authority. A. Notwithstanding any other provisions of this Agreement, General Partner shall have no authority to perform any act in respect of the Partnership or the Project in violation of (i) the Regulations or any other applicable law and regulations, (ii) any agreement to which the between the Partnership and the Lender relating to the Project, or (iii) this Agreement. With respect to the execution of the Loan Documents and the Project Documents, however, violation of the preceding sentence shall result only in liability of General Partner to the Partnership and the other Partners, and shall not invalidate or cause the Partnership not to be bound by any of said documents except that any agreement between the Partnership and General Partner or General Partner's Affiliates may be rejected without liability to the Partnership if the Consent of Special Limited Partner is not obtained.
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