Powers of the Clause Samples

Powers of the. Trustee to be additional -------------------------------------- The powers conferred upon the Trustee by these presents shall be in addition to any powers which may from time to time be vested in the Trustee by the general law or as a holder of any of the Securities or Coupons.

Powers of the. Manager (a) The Manager hereby reserves and retains full authority and exclusive power to manage and direct the business and affairs of the Trust including, without limitation, to provide the Trust with all necessary investment management services to the Trust Property and all clerical, administrative and operational services to the Trust as set forth in this Article 8 or elsewhere in this Trust Agreement or in the Management Agreement.

Powers of the. Liquidating Trustee --------------------------------- The Liquidating Trustee, subject to the provisions of Section 5.5 hereof, shall have full power and authority to, and shall, wind up the business and affairs of the Partnership, including without limiting the generality of the foregoing, full power and authority to: (a) sell, transfer, hypothecate, pledge or otherwise encumber or dispose of all or any part of the Partnership's assets for cash or a cash equivalent at such price and on such terms as the Liquidating Trustee shall determine to be necessary, appropriate or desirable in order to accomplish an orderly and prompt dissolution of the Partnership at the most favorable price and on the most favorable terms reasonably obtainable; provided, that, such sale, transfer, hypothecation, pledge, encumbrance or disposition of any such asset is in accordance with Sections 5.2(c), 5.2(d), 5.2(e) and 5.2(f) hereof; (b) represent and act for and on behalf of the Partnership in all matters, including, without limitation, the power and authority to engage professional and technical services including, without limitation, accountants, attorneys, appraisers, brokers and auctioneers, and to institute and defend any legal proceedings that may be pending or brought by or against the Partnership; (c) prepare, execute, file, record and publish on behalf of the Partners and the Partnership any agreements, documents or instruments relating to the dissolution and winding up of the business and affairs of the Partnership; (d) satisfy or pay or otherwise settle or discharge all of the debts, liabilities and other obligations of the Partnership; (e) distribute to the Partners any of the Partnership's assets, including without limitation, the proceeds of any sale of assets remaining after payment of debts, liabilities and other obligations in accordance with Sections 5.2(c), 5.2(d), 5.2(e) and 5.2(f) hereof; and (f) take all other action necessary, appropriate or incidental to the foregoing powers or to the performance of the duties of the Liquidating Trustee under this Agreement.

Powers of the. 10.1 The Master of the ship has the right to retain the charge and the conn without a pilot, to tow and assist other vessels under any circumstances, to deviate from the scheduled route, to enter any port (whether or not it is on the vessel to proceed on the voyage. 10.2 The Passenger is subject to the disciplinary authority of the Master of the ship as far as vessel and navigational safety are concerned. In particular, the Passenger shall comply with all instructions and orders issued on board, including those relating to safety briefings and emergency drills as per 9.7 above. If, in the sole opinion of the Master, a Passenger is unfit to begin or proceed on the cruise or their physical or mental condition constitutes a risk to the vessel or to the health and safety of any other Guest or crew member, or their behavior is such that it may affect the enjoyment of other Passengers, the Master has the right, depending on the case in question, a) to refuse passage, b) to order the disembarkation of the Passenger at any port, c) to refuse to allow the Passenger to disembark at a particular port, d) to confine the Passenger to a certain area of the ship or to refuse to allow them to take part in certain activities on board. Similar measures may be taken independently by air carriers or other service providers, in accordance with the disciplinary authority they are granted by law or by contract; in this regard the Organizer shall bear no liability in relation to these air carriers or service providers. 10.3 The Organizer and the Master of the ship shall have the liberty to comply with any orders or directions whatsoever issued by the Government or authorities of any nation or by any person acting or purporting to act on behalf of or with the authority of such Government or authorities or by any person having under the terms of the War Risks Insurance on the ship the right to issue such orders or directions. If by reason of, and in compliance with any such orders or directions anything is done or is not done, the same shall not be deemed a deviation or a breach of contract. Disembarkation of any Passengers or discharge of baggage, in accordance with such orders or directions shall constitute due and proper fulfillment of the obligation under the contract, releasing the Organizer from any liability for the continuation of the voyage or the repatriation of the Passengers.

Powers of the general assembly (a) a report of the Board of Directors or the General Manager (as applicable) on the business of the Company for that year and its financial position; (b) discussion and approval of the balance sheet and profit and loss account and the auditor’s report; (c) determination of the percentage of profits/loss to be distributed among the Shareholders; (d) appointment of the Directors and Manager(s) (as applicable) and determination of their remuneration; (e) appointment of the auditor and determining their remuneration; and (f) any other matters the Shareholders may agree to consider that fall under the powers of the Regulations or these Articles of Association. The general assembly may not deliberate matters not included in the agenda unless serious issues are disclosed at the meeting which require discussion and Shareholders holding at least fifty per cent (50%) of the share capital agree to the matter being deliberated. Should any of the Shareholders request the inclusion of a specific matter on the agenda, the Board of Directors or the General Manager (as applicable) must do so, but if he fails to do so such Shareholder shall have the right to appeal to the general assembly. Every Shareholder shall have the right to discuss matters included on the agenda. The Board of Directors or the General Manager (as applicable) is obligated to reply to any Shareholder's question. Should one of the Shareholders consider the reply of the Board of Directors or the General Manager (as applicable) to be insufficient, he may appeal to the general assembly, whose resolutions shall be binding.

Powers of the competent authorities A. Draw up the administrative agreements necessary for the application of this Agreement. B. Designate their respective liaison bodies. C. Notify each other of the measures adopted internally for the application of this Agreement. D. Extend to each other their good offices and the broadest possible technical and administrative assistance for the application of this Agreement.

Powers of the. BANK ------------------ 7.01 The principal moneys hereby secured or any part thereof for the time being outstanding and all other moneys hereby secured and all unpaid interest which has accrued hereunder shall become immediately payable and the security enforceable:- (a) if the Borrower fails to pay any sum owing to the Bank within three Business Days of the due date thereof or if payable on demand within five Business Days of such demand being made by the Bank; (b) if the Borrower shall fail to perform or observe any of its obligations hereunder and in any case (except where the Bank considers that such failure is not capable of remedy) such failure shall continue for a period of 14 days next following the date of the service by the Bank on the Borrower of notice requiring the same to be remedied; or (c) if any representation or warranty made or deemed to be made by the Borrower in or pursuant to this Deed or in any notice, certificate, instrument, document or statement contemplated hereby or thereby or made or delivered pursuant hereto or thereto is or proves to have been untrue or inaccurate in any respect considered by the Bank to be material; or (d) if the Charged Assets or any part thereof are seized or expropriated or are subject to compulsory purchase or acquisition whether subject to compensation or not or is wholly or substantially destroyed; or (e) if in respect of the Borrower:- (i) any Indebtedness shall become capable of being declared due prematurely by reason of default in its obligations in respect of the same or it shall fail to make any payment in respect thereof on the due date for such payment, or the security for any such Indebtedness shall become enforceable and on account thereof the Bank is of the opinion that the Borrower may be unable to meet its obligations hereunder; (ii) any application or petition shall be presented or any order shall be made by a competent court or other appropriate authority or any resolution shall be passed for its liquidation, winding up or dissolution (as the case may be) or any application or petition shall be presented or order shall be made by a competent court or other appropriate authority or any resolution passed for the appointment of a liquidator, judicial manager, trustee or similar official of it or of all or a substantial part of its assets; (iii) an encumbrancer takes possession of or a receiver is appointed over its undertaking or the whole or any part of its chattels, properties, assets, ri...

Powers of the competent authorities 1. In order to verify compliance with the obligation laid down in Article 3, the competent authorities shall have the power to carry out, in accordance with the conditions laid down in national legislation, controls on natural persons, their baggage and means of AG\1161522EN.docx 17/31 PE626.978v01-00 transport. 2. For the purposes of implementing the disclosure obligation laid down in Article 4, the competent authorities shall have the power to carry out, in accordance with the conditions laid down in national legislation, controls on any consignments, receptacles or means of transport which may contain unaccompanied cash. 3. If the obligation to declare under Article 3 or the disclosure obligation under Article 4 has not been fulfilled, the competent authorities shall establish in writing or in an electronic form an ex officio declaration which shall contain to the extent possible the details listed in Article 3(2) or Article 4(2), as the case may be. 4. The controls shall be based primarily on risk analysis, with the purpose of identifying and evaluating the risks and developing the necessary counter-measures, and shall be performed within a common risk management framework in accordance with the criteria laid down pursuant to Article 15(b) which shall also take into account the risks assessment established by the Commission and FIUs in the framework of the Directive (EU) 2015/849.