Delegation of Powers; Transfer of Records, Accounts, Funds and Property Sample Clauses

Delegation of Powers; Transfer of Records, Accounts, Funds and Property. Each of the Members hereby delegates to the Authority the power and duty to operate and manage the fire protection facilities, equipment, resources and property of each of the respective Members within their territorial jurisdiction, as well as those a Member or the Authority may acquire in the future, including without limitation all fire stations, land, buildings and fire-fighting equipment, and to employ the necessary personnel and to do any and all other things necessary or desirable to provide continued, cost-effective, and economical Fire Services to the Service Area.
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Delegation of Powers; Transfer of Records, Accounts, Funds and Property. Each of the Members hereby delegates to the SMC Express Lanes JPA the power and duty to maintain, operate, manage, and control the Joint Facilities, as they may be expanded from time to time, and revenues generated by express lanes in the County.
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Related to Delegation of Powers; Transfer of Records, Accounts, Funds and Property

  • Transfer of Accounts The Seller may transfer the Custodial Account or the Escrow Account to a different depository institution from time to time. Such transfer shall be made only upon obtaining the consent of the Purchaser, which consent shall not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

  • Transfer of Records (a) In accordance with Section 3.1, the Receiver assigns, transfers, conveys and delivers to the Assuming Bank the following Records pertaining to the Deposit liabilities of the Failed Bank assumed by the Assuming Bank under this Agreement, except as provided in Section 6.4: (i) signature cards, orders, contracts between the Failed Bank and its depositors and Records of similar character; (ii) passbooks of depositors held by the Failed Bank, deposit slips, cancelled checks and withdrawal orders representing charges to accounts of depositors; and the following Records pertaining to the Assets: (iii) records of deposit balances carried with other banks, bankers or trust companies; (iv) Loan and collateral records and Credit Files and other documents; (v) deeds, mortgages, abstracts, surveys, and other instruments or records of title pertaining to real estate or real estate mortgages; (vi) signature cards, agreements and records pertaining to Safe Deposit Boxes, if any; and (vii) records pertaining to the credit card business, trust business or safekeeping business of the Failed Bank, if any. (b) The Receiver, at its option, may assign and transfer to the Assuming Bank by a single blanket assignment or otherwise, as soon as practicable after Bank Closing, any other Records not assigned and transferred to the Assuming Bank as provided in this Agreement, including but not limited to loan disbursement checks, general ledger tickets, official bank checks, proof transactions (including proof tapes) and paid out loan files.