EXERCISE OF AUTHORITY CHANGE AND CHANGE MECHANISM Sample Clauses

EXERCISE OF AUTHORITY CHANGE AND CHANGE MECHANISM. ‌ 26.1 Changes not proposed by the Company‌ Where there is any proposal for an Authority Change or a Contractor Change ("Change") under the PFI Project Agreement that is not proposed by the Company: 26.1.1 the Authority shall notify the Company and the DfE of all the relevant information in relation to the proposed Change, including without limitation, the Authority's opinion, the available options, the decision required and the time periods for both parties to respond; and 26.1.2 the Authority shall not agree to any proposed Change which is reasonably likely to have an adverse effect upon the provision of the Services at the Academy or a material adverse financial impact on the Academy, without the prior consent of: (a) the Company (which shall not be unreasonably withheld or delayed); or (b) DfE, in the event that either: (i) the Company has not provided its consent under clause 26.1.2.(a); or (ii) the proposed Change would have a material adverse financial impact on the Academy.
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EXERCISE OF AUTHORITY CHANGE AND CHANGE MECHANISM. Changes Not Proposed by the Company
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Related to EXERCISE OF AUTHORITY CHANGE AND CHANGE MECHANISM

  • Termination of Authority Immediately upon the Executive terminating or being terminated from his employment with the Company for any reason, notwithstanding anything else appearing in this Agreement or otherwise, the Executive will stop serving the functions of his terminated or expired position(s) and shall be without any of the authority or responsibility for such position(s).

  • Limitation of Authority No person is authorized to make any representations concerning the Funds or the Shares except those contained in the Prospectus of each Fund and in such printed information as the Distributor may subsequently prepare. No person is authorized to distribute any sales material relating to any Fund without the prior written approval of the Distributor.

  • Termination for Withdrawal of Authority Enterprise Services may suspend or terminate this Master Contract if, during the term hereof, Enterprise Services’ procurement authority is withdrawn, reduced, or limited such that Enterprise Services, in its judgment, would lack authority to enter into this Master Contract; Provided, however, that such suspension or termination for withdrawal of authority shall only be effective upon twenty (20) days prior written notice; and Provided further, that such suspension or termination for withdrawal of authority shall not relieve any Purchaser from payment for goods and/or services already ordered as of the effective date of such notice. Except as stated in this provision, in the event of such suspension or termination for withdrawal of authority, neither Enterprise Services nor any Purchaser shall have any obligation or liability to Contractor.

  • Scope of Authority Committee meetings will be used for communications between the parties, to share information and to address concerns. The committee will have no authority to conduct any negotiations or modify any provision of this Agreement. The committee’s activities and discussions will not be subject to the grievance procedure in Article 30.

  • Lack of Authority No Member, other than the Manager or a duly appointed Officer, in each case in its capacity as such, has the authority or power to act for or on behalf of the Company, to do any act that would be binding on the Company or to make any expenditure on behalf of the Company. The Members hereby consent to the exercise by the Manager of the powers conferred on them by Law and this Agreement.