Authority and Definitions Clause Samples

The "Authority and Definitions" clause establishes the legal authority under which the agreement is made and provides clear definitions for key terms used throughout the contract. This section typically specifies the parties involved, references relevant laws or regulations, and lists precise meanings for important words or phrases to avoid ambiguity. By doing so, it ensures that all parties have a shared understanding of the contract's terminology and the legal framework governing their relationship, thereby reducing the risk of misunderstandings or disputes over interpretation.
Authority and Definitions. SECTION 101. 2022 Series A Special Program (City of Buffalo) Refunding Revenue Bond Series Resolution. This 2022 Series A Special Program (City of Buffalo) Refunding Revenue Bond Series Resolution (the “Series Resolution”) is adopted in accordance with Article II and Article IX of the General Resolution and pursuant to the authority contained in the Act.
Authority and Definitions. Accy 3.001 Authority and purpose. The rules in this chapter are adopted to interpret ss. 442.04 and 442.05, Stats. History: Cr. Register, February, 1980, No. 290, eff. 3−1−80; 2015 Wis. Act 217: renum. from Accy 8.01 Register May 2016 No. 725, eff. 6−1−16. History: Cr. Register, February, 1980, No. 290, eff. 3−1−80; 2015 Wis. Act 217: renum. from Accy 8.02 Register May 2016 No. 725, eff. 6−1−16.
Authority and Definitions. This Agreement is entered into pursuant to the authority in Title 1, Division 7, Chapter 5 of the Government Code (commencing with Section 6500 et seq.) of the State of California.
Authority and Definitions. COLLEGE is a political subdivision of the State of Arizona and is authorized to enter into this Agreement pursuant to A.R.S. §§ 11-952, 15-1401, and 15-1444;
Authority and Definitions. Section 1.01. Authority for this Agreement 3 Section 1.02. Agreement for Benefit of Owners of the Bonds 3 Section 1.03. Definitions 3 Section 2.01. Principal Amount; Designation 12 Section 2.02. Terms of Bonds 12 Section 2.03. Redemption 13 Section 2.04. Form of Bonds 15 Section 2.05. Execution and Authentication of Bonds 16 Section 2.06. Transfer or Exchange of Bonds 16 Section 2.07. Bond Register 16 Section 2.08. Temporary Bonds 16 Section 2.09. Bonds Mutilated, Lost, Destroyed or Stolen 17 Section 2.10. Book-Entry Only System 17 ARTICLE III ISSUANCE OF 2015 BONDS Section 3.01. Issuance and Delivery of 2015 Bonds 20 Section 3.02. Pledge of Special Tax Revenues 20 Section 3.03. Limited Obligation 20 Section 3.04. No Acceleration 20 Section 3.05. Validity of Bonds 20 Section 3.06. Parity Bonds 20
Authority and Definitions. (a) This Amendment is entered into pursuant to Section 9.04 of the Agreement. (b) This Amendment amends the Agreement. (c) Capitalized terms used herein but not herein defined, shall have the meanings ascribed to them in the Agreement.
Authority and Definitions. Section 1.01. Authority for this Agreement 2 Section 1.02. Agreement for Benefit of Owners of the Bonds 2 Section 1.03. Definitions 2 Section 2.01. Principal Amount; Designation 12 Section 2.02. Terms of Bonds 12 Section 2.03. Redemption 13 Section 2.04. Form of Bonds 16 Section 2.05. Execution and Authentication of Bonds 16 Section 2.06. Transfer or Exchange of Bonds 16 Section 2.07. Bond Register 17 Section 2.08. Temporary Bonds 17 Section 2.09. Bonds Mutilated, Lost, Destroyed or Stolen 17 Section 2.10. Book-Entry Only System 18 Section 3.01. Issuance and Delivery of Bonds 20 Section 3.02. Pledge of Special Tax Revenues 20 Section 3.03. Limited Obligation 20 Section 3.04. No Acceleration 21 Section 3.05. Validity of Bonds 21 Section 3.06. Parity Bonds 21 Section 4.01. Application of 2022 Bond Proceeds 22 Section 4.02. Costs of Issuance Fund 22 Section 4.03. Reserve Fund 23 Section 4.04. Bond Fund 24 Section 4.05. Special Tax Fund 26 Section 4.06. Administrative Expense Fund 28 Section 4.07. Improvement Fund 28 Section 5.01. Collection of Special Tax Revenues 30 Section 5.02. Covenant to Foreclose 31 Section 5.03. Punctual Payment 31 Section 5.04. Extension of Time for Payment 32 Section 5.05. Against Encumbrances 32 Section 5.06. Books and Records 32 Section 5.07. Protection of Security and Rights of Owners 32 Section 5.08. Further Assurances 32 Section 5.09. Private Activity Bond Limitations 32 Section 5.10. Federal Guarantee Prohibition 32 Section 5.11. Rebate Requirement 32 Section 5.12. No Arbitrage 33 Section 5.13. Yield of the 2022 Bonds 33 Section 5.14. Maintenance of Tax-Exemption 33 Section 5.15. Continuing Disclosure 33 Section 5.16. Limits on Special Tax Waivers and Bond Tenders 33 Section 5.17. City Bid at Foreclosure Sale 34 Section 5.18. Amendment of Rate and Method 35 ARTICLE VI INVESTMENTS; LIABILITY OF THE CITY Section 6.01. Deposit and Investment of Moneys in Funds 35 Section 6.02. Liability of City 36 Section 6.03. Employment of Agents by City 37 ARTICLE VII THE FISCAL AGENT Section 7.01. The Fiscal Agent 38 Section 7.02. Liability of Fiscal Agent 39 Section 7.03. Information; Books and Accounts 40 Section 7.04. Notice to Fiscal Agent 40 Section 7.05. Compensation, Indemnification 41 ARTICLE VIII MODIFICATION OR AMENDMENT Section 8.01. Amendments Permitted 42 Section 8.02. Owners’ Meetings 43 Section 8.03. Procedure for Amendment with Written Consent of Owners 43 Section 8.04. Disqualified Bonds 43 Section 8.05. Effect of Supplemental...
Authority and Definitions. (a) This Amendment is entered into pursuant the last paragraph of the Fee Letter. (b) This Amendment amends the Fee Letter. (c) Capitalized terms used herein but not herein defined, shall have the meanings ascribed to them in the Fee Letter or the Agreement.
Authority and Definitions 

Related to Authority and Definitions

  • Terminology and Definitions All personal pronouns used herein, whether used in the masculine, feminine, or neutral, shall include all other genders; the singular shall include the plural and the plural shall include the singular.

  • Introduction and definitions 1.1 This agreement (the “Grant Agreement”) consists of 23 Clauses, 2 Schedules and 2

  • Recitals and Definitions Each of the parties hereto acknowledges and agrees that the recitals set forth above in this Agreement are true and accurate, are contractual in nature, and are hereby incorporated into and made a part of this Agreement.