ADOPTION OF ORDINANCES Clause Samples

The Adoption of Ordinances clause outlines the formal process by which a governing body enacts new laws or regulations. Typically, this involves steps such as introducing a proposed ordinance, providing public notice, holding hearings, and conducting votes by the relevant legislative body. This clause ensures that the creation of binding local rules follows a transparent and standardized procedure, thereby promoting accountability and public participation in the legislative process.
ADOPTION OF ORDINANCES. 26.1 All articles of this agreement are subject to the provision that as to any article that must be adopted in whole or in part by ordinance or resolution to become effective, the City shall make every reasonable effort to secure the enactment of such ordinance or resolution.
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ADOPTION OF ORDINANCES. The parties agree that this Agreement shall be adopted by ordinance approved by the corporate authorities of each municipality.
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ADOPTION OF ORDINANCES. The Town represents and warrants to the County that all ordinances, rules, and regulations to be enforced by the County within the
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ADOPTION OF ORDINANCES. In order to effectuate the Public Land Equity Program and the Cost Reimbursement Program to be developed as part of the Subsequent Plans and Programs, County will be required to adopt specific ordinances and cooperate with the MHCSD and Developer in order to acquire and utilize the public lands, on the one hand, levy and collect and disburse funds to owners entitled to reimbursement to pay for the costs thereof, on the other hand. The Parties agree to cooperate in good faith to achieve this result.
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ADOPTION OF ORDINANCES. County shall adopt a Cost Reimbursement Program to reimburse Developer for the costs related to Specific Plan II in the same manner as the County approved the Cost Reimbursement Program for the Master Plan and Specific Plan I. The Parties agree to cooperate in good faith to achieve this result.
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ADOPTION OF ORDINANCES. POSSIBLE DISCONNECTION..
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ADOPTION OF ORDINANCES. The Village agrees to adopt such ordinances as may be required to give legal effect to the matters contained in this Agreement.
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ADOPTION OF ORDINANCES. If an AuthorityCharter Customer which is a town sanitary district is unable to adopt and enforce the ordinances required pursuant to Sections 9.3, 9.4, and 9.5 of this Contract, each Town Signatory covenants that it will adopt and enforce such ordinances.
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Related to ADOPTION OF ORDINANCES

  • TERMINATION OF ORDERS Participating Entities may terminate an order, in whole or in part, immediately upon notice to Supplier in the event of any of the following events: 1. The Participating Entity fails to receive funding or appropriation from its governing body at levels sufficient to pay for the equipment, products, or services to be purchased; or 2. Federal, state, or provincial laws or regulations prohibit the purchase or change the Participating Entity’s requirements.

  • AGGREGATION OF ORDERS On occasions when the Adviser deems the purchase or sale of a security to be in the best interest of the Allocated Assets as well as other clients of the Adviser, the Adviser may to the extent permitted by applicable laws and regulations, but shall be under no obligation to, aggregate the orders for securities to be purchased or sold. In such event, allocation of the securities so purchased or sold, as well as the expenses incurred in the transaction, will be made by the Adviser in the manner the Adviser considers to be the most equitable and consistent with its fiduciary obligations to the Portfolio and to its other clients. The Manager recognizes that, in some cases, the Adviser’s allocation procedure may limit the size of the position that may be acquired or sold for the Allocated Assets.

  • Duration of Order You may make an oral stop payment order which will lapse within fourteen (14) calendar days unless confirmed in writing within that time. A written stop payment order is effective for six (6) months and may be renewed in writing from time to time. We do not have to notify you when a stop payment order expires.

  • Cancellation of Orders If payment for shares purchased is not received within the time customary or the time required by law for such payment, the sale may be canceled without notice or demand, and neither FTDI nor the Fund(s) shall have any responsibility or liability for such a cancellation; alternatively, at FTDI's option, the unpaid shares may be sold back to the Fund, and Bank shall be liable for any resulting loss to FTDI or to the Fund(s). FTDI shall have no liability for any check or other item returned unpaid to Bank after Bank has paid FTDI on behalf of a purchaser. FTDI may refuse to liquidate the investment unless FTDI receives the purchaser's signed authorization for the liquidation.

  • Execution of Orders All orders for the creation or redemption of Creation Units shall be handled in accordance with the terms of the Prospectus, and the procedures described in Attachments A and A-1 to this Agreement. In the event the procedures include the use of recorded telephone lines, the Participant hereby consents to such use. The Trust reserves the right to issue additional or other procedures relating to the manner of creating or redeeming Creation Units, and the Participant, and the Distributor agree to comply with such procedures as may be issued from time to time, upon reasonable notice thereof. The Participant understands and acknowledges that the Transfer Agent will not effect a creation or redemption until it has received confirmation of receipt of the Participant’s incoming security transfer and/or cash through the Trust’s Clearing Process, Fed Book-Entry System, Euroclear and/or DTC in the case of a creation, and through the Trust’s Clearing Process, Euroclear and/or DTC in the case of a redemption. With respect to any order for the creation or redemption of Creation Units, the Participant acknowledges and agrees on behalf of itself and any party for which it is acting (regardless of its capacity) to return to the Trust any dividend, distribution or other corporate action paid to it or to the party for which it is acting in respect of any Deposit Security that is transferred to the Participant or any party for which it is acting that, based on the valuation of such Deposit Security at the time of transfer should have been paid to the Trust. With respect to any orders for the creation or redemption of Creation Units, the Participant also acknowledges and agrees on behalf of itself and any party for which it is acting (regardless of its capacity) that the Transfer Agent is entitled to reduce the amount of money or other proceeds due to the Participant or any party for which it is acting that, based on the valuation of such Deposit Security at the time of transfer, should be paid to the Fund. With respect to any order for the creation or redemption of Creation Units, the Trust acknowledges and agrees to return to the Participant or any party for which it is acting any dividend, distribution or other corporate action paid to the Trust in respect of any Deposit Security that is transferred to the Trust that, based on the valuation of such Deposit Security at the time of transfer, should have been paid to the Participant or any party for which it is acting.