The Authority's Responsibilities Sample Clauses

The Authority's Responsibilities. 11.01.1 The Authority shall maintain insurance or cause insurance to be maintained with a responsible insurance company or companies approved to do business in the Commonwealth of Virginia, or adopt and maintain a risk financing plan for property losses and said insurance plan, or combination thereof shall cover such risks as are ordinarily insured against by reasonably prudent operators of airports, including, without limiting the generality of the foregoing, fire, lightning, windstorm, hail, floods, explosion, riot, riot attending a strike, civil commotion, damage from aircraft, smoke and uniform standard extended coverage with vandalism and malicious mischief endorsements, coverage of demolition of buildings and removal of debris, all-risk coverage, business interruptions, and extra expense. Such insurance or plan shall be maintained in an amount not less than the full insurable replacement value. Full insurable replacement value of any insured improvement shall be deemed to equal the actual replacement cost of the improvement and shall be determined by the Authority from time to time, but not less frequently than once every three years. In the event that such determination of full insurable replacement value indicates that the improvements are underinsured, the Authority shall secure the necessary additional coverage.
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The Authority's Responsibilities. 11.01.1 The Authority shall maintain property insurance or cause property insurance to be maintained with a responsible insurance company or companies approved to do business in the Commonwealth of Virginia, or adopt and maintain a risk financing plan for property losses and said insurance plan or risk financing plan, or combination thereof shall be equivalent to all-risk property insurance covering the full value and full replacement cost of Authority property.
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The Authority's Responsibilities. 3.1 The Authority is responsible for the administration of the Contract. The Authority will decide all questions regarding the quality and acceptability of the Work, all questions regarding interpretation of the Contract Documents, all questions regarding the Contractor’s compliance with the Contract Documents, and all questions as to Compensation and requests for time extensions.
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The Authority's Responsibilities. As consideration for the services to be provided by Contractor pursuant to this Contract, the Authority will provide Tenant-Based Rental Assistance to Contractor’s clients who are Participants in the Shelter Plus Care Program. The Authority will pay Tenant-Based Rental Assistance to owners of housing chosen by such Participants. Unless otherwise approved by the Authority, the Authority will provide rental assistance for a maximum of 22 households at any given time for the term of this Agreement.
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The Authority's Responsibilities. Except for its participation in any Disputes Review Board’s activities as provided in its Disputes Review Board Agreement, the Authority will not solicit advice or consultation from any Disputes Review Board or any members on matters dealing in any way with the Project, the conduct of the Work or resolution of problems. The Authority shall furnish the following services and items:
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The Authority's Responsibilities. 5.1. Give the grant fund to the Grant Recipient.
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The Authority's Responsibilities. 11.01.1 The Authority shall maintain insurance or cause insurance to be maintained with a responsible insurance company or companies approved to do business in the Commonwealth of Virginia, or adopt and maintain a risk financing plan for property losses and said insurance, plan, or combination thereof shall cover such risks as are ordinarily insured against by reasonably prudent operators of airports, including the insurance required by the Indenture, and further, including, without limiting the generality of the foregoing, fire, lightning, windstorm, hail, floods, explosion, riot, riot attending a strike, civil commotion, damage from aircraft, smoke and uniform standard extended coverage with vandalism and malicious mischief endorsements, coverage of demolition of buildings and removal of debris, all-risk coverage, business interruptions, and extra expense. Such insurance or plan shall be maintained in an amount not less than the full insurable replacement value. Full insurable replacement value of any insured improvement shall be deemed to equal the actual replacement cost of the improvement and shall be determined by the Authority from time to time, but not less frequently than once every three years. In the event that such determination of full insurable replacement value indicates that the improvements are underinsured, the Authority shall secure the necessary additional coverage. 11.01.2 If a portion of the Airports within the Airline Supported Areas, except property for which the Airline is responsible under Section 11.02, is damaged or destroyed by fire or other peril, and except for TAP or as provided elsewhere in this Article 11, the Authority after consultation with the Airline, shall, to the extent of proceeds of the Authority's property insurance paid to the Authority or self insurance, repair, reconstruct, and replace the damaged or destroyed improvements so that the Airports are returned substantially to the same condition, character, and utility value (based upon the plans and specifications for the Premises, subject to the then- existing Airport building standards) as existed prior to such damage or destruction, exclusive of improvements made by the Airline and Airline Operating Facilities. With respect to TAP, the Authority shall so repair, reconstruct, and replace damaged or destroyed TAP to the extent suitable to the conduct of the Airline's Air Transportation Business or provide alternative suitable Premises.
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The Authority's Responsibilities. The Authority shall maintain commercially reasonable property insurance; provided, however, that the Authority’s obligations to repair, reconstruct, or replace any part of the affected Premises or adjacent facilities under the provisions of this Article shall in any event be limited to restoring affected Premises or adjacent facilities to (1) substantially the same condition that existed at the date of damage or destruction, or (2) to the extent of insurance proceeds and other funds available to the Authority for such repair, reconstruction, or replacement, whichever is less; provided further that the Authority shall in no way be responsible for the insuring of, or the restoration or replacement of any equipment, furnishings, property, Improvements, signs, or other items installed and/or owned by Rail Company.
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Related to The Authority's Responsibilities

  • ALPS’ Responsibilities In connection with its performance of TA Web, ALPS shall:

  • Owners Responsibilities 2.1. The Owner shall designate in writing a project coordinator to act as OWNER's representative with respect to the services to be rendered under this Agreement (hereinafter referred to as the "Project Coordinator"). The Project Coordinator shall have authority to transmit instructions, receive information, interpret and define OWNER's policies and decisions with respect to CONTRACTOR's services for the Project. However, the Project Coordinator is not authorized to issue any verbal or written orders or instructions to the CONTRACTOR that would have the effect, or be interpreted to have the effect, of modifying or changing in any way whatever:

  • Other Responsibilities The Responsibility factors also take account of any responsibility the jobholder may have through the provision of advice and guidance on policies and procedures, research or the adaptation or development of existing or new policies and procedures. An assessment tool has been developed to help ensure that advisory, policy and similar ‘hands off’ responsibilities, such as research or democratic services, are correctly measured and allocated to the appropriate Responsibility factor. It is recommended that jobs are first evaluated on their ‘hands on’ responsibilities under each Responsibility factor and that an assessment is then made of the level of advisory/policy responsibilities and the factor to which it should be allocated.

  • Specific Responsibilities In addition to its overall responsibility for monitoring and providing a forum to discuss and coordinate the Parties’ activities under this Agreement, the JSC shall in particular:

  • Tax Responsibility The Fund shall be liable for all taxes (including Taxes, as defined below) relating to its investment activity, including with respect to any cash or securities held by the Custodian on behalf of the Fund or any transactions related thereto. Subject to compliance by the Fund with its obligations under Section 7.1, the Custodian shall withhold (or cause to be withheld) the amount of any Tax which is required to be withheld under applicable law in connection with the collection on behalf of the Fund pursuant to this Agreement of any dividend, interest income or other distribution with respect to any security and the proceeds or income from the sale or other transfer of any security held by the Custodian. If any Taxes become payable with respect to any prior payment made to the Fund by the Custodian or otherwise, the Custodian may apply any credit balance in the Fund’s deposit account to the extent necessary to satisfy such Tax obligation. The Fund shall remain liable for any tax deficiency. The Custodian is not liable for any tax obligations relating to the Portfolio or the Fund, other than those Tax services as set out specifically in this Section 7. The Fund agrees that the Custodian is not, and shall not be deemed to be, providing tax advice or tax counsel. The capitalized terms “Tax” or “Taxes” means any withholding or capital gains tax, stamp duty, levy, impost, charge, assessment, deduction or related liability, including any addition to tax, penalty or interest imposed on or in respect of (i) cash or securities, (ii) the transactions effected under this Agreement, or (iii) the Fund.

  • Additional Responsibilities You agree to: reasonably clean and maintain Covered Items; not harm/damage a Covered Item or Component; provide a safe working environment for Contractors; not damage property of a Contractor; and not threaten/harm us or a Contractor via phone, email, personal interaction, internet, social media or otherwise.

  • General Responsibilities Issuer hereby engages Distributor to act as exclusive distributor of the shares of each class of the Funds. The Funds subject to this Agreement as of the date hereof are identified on SCHEDULE A, which may be amended from time to time in accordance with Section 11 below. Sales of a Fund's shares shall be made only to investors residing in those states in which such Fund is registered. After effectiveness of each Fund’s registration statement, Distributor will hold itself available to receive, as agent for the Fund, and will receive by mail, telex, telephone, or such other method as may be agreed upon between Distributor and Issuer, orders for the purchase of Fund shares, and will accept or reject such orders on behalf of the Fund in accordance with the provisions of the applicable Fund’s prospectus. Distributor will be available to transmit orders, as promptly as possible after it accepts such orders, to the Fund’s transfer agent for processing at the shares’ net asset value next determined in accordance with the prospectuses.

  • Customer Responsibilities Customer shall:

  • Joint Responsibilities 2.1.1 University and Affiliate each will identify, and notify each other of, a person responsible for serving as its liaison during the course of this affiliation. The appointment of liaisons shall be subject to mutual approval of the parties.

  • Seller’s Responsibility If the Seller determines that the Interface Problem is primarily attributable to the design of a Warranted Part, the Seller shall, if so requested by the Buyer and pursuant to the terms and conditions of Clause 12.1, correct the design of such Warranted Part to the extent of the Seller’s obligation as defined in Clause 12.1.

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