Promulgate Rules Clause Samples

The "Promulgate Rules" clause grants a party, often an organization or governing body, the authority to create, issue, and enforce rules or regulations related to the agreement or its subject matter. In practice, this means the designated party can establish detailed procedures, standards, or guidelines that participants must follow, such as operational protocols or compliance requirements. This clause ensures that the party in charge can adapt to changing circumstances and maintain order, providing flexibility and clarity in the administration of the agreement.
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Promulgate Rules. The Trustees shall promulgate rules and regulations which they deem necessary or desirable for the proper administration of the Trust and each Benefit Plan, provided the same are not inconsistent with the terms of this Trust Agreement, including but not limited to rules and procedures governing: (a) the application for benefits by Employees and Beneficiaries; (b) appeals by parties aggrieved by an initial determination of benefits. All rules and regulations adopted by the Trustees shall be binding upon all parties hereto, all persons or entities dealing with the Trust or any Benefit Plan, and all persons claiming any benefits under a Benefit Plan.
Promulgate Rules. The Trustees shall promulgate rules and regulations which they deem necessary or desirable for the proper administration of the Fund, provided the same are not inconsistent with the terms of this Trust Agreement, including but not limited to rules and procedures governing: (a) the application for benefits by Employees and Beneficiaries, (b) appeals by parties aggrieved by an initial determination of benefits, All rules and regulations adopted by the Trustees shall be binding upon all parties hereto, all persons or entities dealing with the Fund, and all persons claiming any benefits under the Fund.

Related to Promulgate Rules

  • Applicable Rules and Regulations The Account and each transaction therein shall be subject to the terms of this Agreement and to (a) all applicable laws and the regulations, rules and orders (collectively "regulations") of all regulatory and self-regulatory organizations having jurisdiction and (b) the constitution, by-laws, rules, regulations, orders, resolutions, interpretations and customs and usages (collectively "rules") of the market and any associated clearing organization (each an "exchange") on or subject to the rules of which such transaction is executed and/or cleared. The reference in the preceding sentence to exchange rules is solely for DWR's protection and DWR's failure to comply therewith shall not constitute a breach of this Agreement or relieve Customer of any obligation or responsibility under this Agreement. DWR shall not be liable to Customer as a result of any action by DWR, its officers, directors, employees or agents to comply with any rule or regulation.

  • RULES & REGULATIONS The Exhibitor must comply with the requirements of all Authorities and where applicable with all rules and regulations issued by the owner of the Venue in force at the time of the Exhibition. The Exhibitor undertakes to comply with the obligations and duties contained or referred to in the Contract including (without limitation) those contained or to be contained in the Exhibitors’ Manual. Exemptions from any of these obligations and duties may be granted at the Organisers’ discretion. No exemption given by the Organisers will be effective unless in writing. The Contract comprises these Terms and Conditions, the Exhibition Space Contract and the Exhibitors’ Manual) except as varied in writing signed by the parties.

  • Laws, Rules and Regulations Consultant agrees to observe and comply with all laws, ordinances, rules and regulations of the United States of America, the State of Minnesota and the City with respect to their respective agencies which are applicable to its activities under this Agreement.

  • Regulations The disclosures in the Registration Statement, the Sale Preliminary Prospectus, and Prospectus concerning the effects of federal, foreign, state, and local regulation on the Company’s business as currently contemplated are correct in all material respects and do not omit to state a material fact necessary to make the statements therein, in the light of the circumstances in which they were made, not misleading.