Common Powers Clause Samples

The 'Common Powers' clause defines the general authorities and rights granted to a party or parties under an agreement. Typically, this clause outlines the standard actions that can be taken without needing further consent, such as managing assets, entering into contracts, or making routine decisions related to the subject matter of the agreement. For example, in a trust or agency context, it may allow the trustee or agent to invest funds, pay expenses, or delegate tasks as needed. The core function of this clause is to clarify and standardize the scope of permissible actions, reducing ambiguity and ensuring that all parties understand the baseline powers available under the agreement.
Common Powers. The SFVCOG shall have, and may exercise, the following powers: 1. Serve as an advocate in representing the Members of the San ▇▇▇▇▇▇▇▇ Valley Council of Governments at the regional, state and federal levels on issues of importance to the greater San ▇▇▇▇▇▇▇▇ Valley region of Los Angeles County; 2. Serve as a forum for the review, consideration, study, development and recommendation of public policies and plans with local and regional significance; 3. Assemble information helpful in the consideration of problems of interest to the Members;
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Common Powers. BETARMA shall have the following common powers and is hereby authorized to perform all acts necessary for the exercise of said common powers: A. To make and enter into Risk Management services and consulting contracts for Members and non-Members, as well as contracts of insurance and self-insurance for its Members providing for risk pooling or sharing, whether or not subject to regulation under the Insurance Code, to the extent and in the manner permitted under Government Code Sections 990, 990.4, 990.8 and 6508, or any other provision of law; B. To hire employees and contract with consultants, independent contractors and legal counsel; C. To invest and reinvest money in the treasury of BETARMA pursuant to Government Code Sections 53601, et seq.; D. To incur debts, liabilities or obligations; E. To acquire, hold, lease or dispose of real or personal property; F. To sue and be sued in its own name; G. To establish and operate Group Self-Insurance Programs, insurance purchasing programs and/or joint purchasing programs designed to reduce the operating costs and/or improve patient safety for the Members; H. To purchase excess insurance and/or reinsurance on behalf of Members and/or BETARMA; and I. To exercise all powers necessary and proper to carry out the terms and provisions of this Agreement, or otherwise authorized by law.
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Common Powers. The Council shall have, and may exercise, the following powers: (1) Serve as an advocate in representing the Members of the South Bay Cities at the regional, state and federal levels on issues of importance to the South Bay Cities; (2) Serve as a forum for the review, consideration, study, development and recommendation of public policies and plans with subregional or regional significance; (3) Assemble information helpful in the consideration of problems peculiar to the Members; (4) Employ Member resources or presently-existing, single-purpose public/private groups to carry out its programs and projects; (5) Explore practical avenues for voluntary intergovernmental cooperation, coordination and action in the interest of local public welfare and improving the administration of governmental services; (6) Assist in coordinating subregional planning efforts and in resolving conflicts among the cities in the South Bay as they work toward achieving planning goals; (7) Build a consensus among the Members on the implementation of policies and programs for addressing subregional and regional issues; (8) Serve as a mechanism for obtaining regional, state, and federal grants to assist in financing the expenditures of the Council; (9) Make and enter into contracts, including contracts for the services of engineers, consultants, planners, attorneys and single purpose public/private groups; (10) Employ agents, officers and employees; (11) Apply for, receive and administer a grant or grants under any regional, state, or federal program; (12) Receive gifts, contributions and donations of property, funds, services and other forms of financial assistance from persons, firms, corporations and any governmental entity; (13) Lease, manage, maintain, and operate any buildings, works, or improvements; and (14) Delegate some or all of its powers to the Executive Director as provided below.
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Common Powers. Both Oxnard and Rio have the power to convey and hold property for the use and benefit of the school district (Education Code § 35162) and to enter into a contract with two or more public agencies to jointly exercise any power common to the contracting parties (Government Code §§ 6500, et seq.).
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Common Powers. The legal powers which are common to the Members under applicable laws of the State, including but not limited to, those powers of the Members in connections with the issuance of Bonds, the expenditure of proceeds of Bonds and the borrowing and lending of money.
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Common Powers. Each Party has the common power to, inter alia: A. Provide fire protection, fire suppression, fire prevention, emergency medical, rescue and related services; B. Maintain an effective communications and emergency dispatch system to facilitate and support fire protection, fire suppression, rescue and emergency medical services; C. Employ and train personnel to perform emergency equipment communication and dispatch services, communication facility maintenance and the purchase of Communications Equipment.
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Common Powers. Chino Hills and Diamond Bar are general law cities and Industry a charter city, duly organized and validly existing under the laws of the State of California and have the power to carry on their business as is necessary and applicable to the purpose of this Agreement, including but not limited to owning property, land use planning and conservation.
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Common Powers. The Agency shall have and exercise the following powers: a. Serve as a forum for the review, consideration, study, development and recommendation of public policies and plans with County-wide and regional significance; and b. Assemble information helpful in the consideration of problems peculiar to the Entities; and c. Explore practical avenues for intergovernmental cooperation, coordination and action in the interest of local public welfare and means of improvement in the administration of governmental services.
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Common Powers. The WSCCOG shall have, and may exercise, the following powers: 1. Serve as an advocate in representing the Members of the Westside Cities Council of Governments at the regional, state and federal levels on issues of importance to the Westside area of Los Angeles County; 2. Serve as a forum for the review, consideration, study, development and recommendation of public policies and plans with regional significance; 3. Assemble information helpful in the consideration of problems peculiar to the Members;
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Related to Common Powers

  • Statutory Powers For the purposes of all powers implied by statute the Secured Obligations shall be deemed to have become due and payable on the date of this Assignment.

  • Ownership Powers To vote or give assent, or exercise any rights of ownership, with respect to stock or other securities, debt instruments or property; and to execute and deliver proxies or powers of attorney to such person or persons as the Trustees shall deem proper, granting to such person or persons such power and discretion with relation to securities, debt instruments or property as the Trustees shall deem proper;

  • Organization; Powers Each of the Borrower and its Subsidiaries is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization, has all requisite power and authority to carry on its business as now conducted and, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, is qualified to do business in, and is in good standing in, every jurisdiction where such qualification is required.

  • Powers It has the power to execute this Agreement and any other documentation relating to this Agreement to which it is a party, to deliver this Agreement and any other documentation relating to this Agreement that it is required by this Agreement to deliver and to perform its obligations under this Agreement and any obligations it has under any Credit Support Document to which it is a party and has taken all necessary action to authorise such execution, delivery and performance;

  • INVESTMENT POWERS Pursuant to Section 10.03[F] of the Plan, the aggregate investments in qualifying Employer securities and in qualifying Employer real property: (Choose (a) or (b)) [ ] (a) May not exceed 10% of Plan assets. [X] (b) May not exceed 100% of Plan assets. [Note: The percentage may not exceed 100%.]