Legislative Authorization Clause Samples
The Legislative Authorization clause establishes that a party’s actions or obligations under the agreement are contingent upon having the necessary legal authority granted by relevant legislation. In practice, this means that a government entity or public body can only enter into or perform the contract if it has been expressly empowered to do so by law, such as through a statute or ordinance. This clause ensures that all contractual commitments are legally valid and prevents parties from exceeding their lawful powers, thereby protecting both sides from unenforceable agreements due to lack of proper authorization.
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Legislative Authorization. This Agreement is governed by and subject to the restrictions set forth in the ▇▇▇▇▇▇▇▇▇▇ Redevelopment Financing Act and the Michigan General Property Tax Act. In the event that there is legislation enacted in the future which restricts or adversely affects the amount of Tax Increment Revenues capturable, Eligible Properties, or Eligible Activities relating to already approved plans, then any Owner’s rights and the ELBRA’s obligations under this Agreement shall be eliminated or modified accordingly.
Legislative Authorization. This Agreement is governed by and subject to the restrictions set forth in the Act. In the event that there is legislation enacted in the future which alters or affects the amount of Tax Increment Revenues subject to capture, Eligible Properties, or Eligible Activities, then the Developer’s rights and the Authority’s obligations under this Agreement may be modified accordingly by agreement of the parties.
Legislative Authorization. Effective upon legislatively authorized salary percentage increases, the Schedule A shall be adjusted accordingly. Increments shall be granted as earned in each year on September 1 of the agreement.
Legislative Authorization. All commitments in regard to compensation and economic fringe benefits which are required by this Agreement including the salary schedule, Section 1, are contingent upon legislative authorization.
Legislative Authorization. This Agreement is governed by and subject to the restrictions set forth in Act 381. If legislation is enacted in the future that alters or affects the terms of this Agreement, then Developer’s rights and City’s obligations under this Agreement may be modified accordingly by agreement of the parties.
Legislative Authorization. ACVB acknowledges that this MOU and any changes to it by amendment, modification, change order or other similar document may have required or may require the legislative authorization of the Augusta-Richmond County Commission and approval of the Mayor. Under Georgia law, ACVB is deemed to possess knowledge concerning ▇▇▇▇▇▇▇'s ability to assume contractual obligations and the consequences of ACVB’s provision of goods or services to Augusta under an unauthorized contract, amendment, modification, change order or other similar document, including the possibility that ACVB may be precluded from recovering payment for such unauthorized goods or services. Accordingly, ACVB agrees that if it provides goods or services to Augusta under a contract that has not received proper legislative authorization or if ACVB provides goods or services to Augusta more than any contractually authorized goods or services, as required by Augusta's Charter and Code, Augusta may withhold payment for any unauthorized goods or services provided by ACVB. ACVB assumes all risk of non-payment for the provision of any unauthorized goods or services to Augusta, and it waives all claims to payment or to other remedies for the provision of any unauthorized goods or services to Augusta, however characterized, including, without limitation, all remedies at law or equity.
Legislative Authorization. This Agreement is governed by and subject to the restrictions set forth in Act 381. If there is legislation enacted in the future that alters or affects the amount of ▇▇▇▇▇▇▇▇▇▇ TIF Revenue subject to capture, eligible property, or Eligible Activities, then the Property Owner’s rights and the Authority’s obligations under this Agreement shall be modified accordingly as required by law, or by agreement of the parties.
Legislative Authorization. This Contract is made in accordance with and pursuant to Act 99, Public Acts of Michigan, 1933, as amended.