AUTHORITY AND INSTRUCTIONS Clause Samples

The "Authority and Instructions" clause defines who within a party or organization has the legal power to give directions or make decisions under the agreement. It typically specifies which individuals or roles are authorized to issue instructions, and may outline the process for communicating and verifying such instructions, such as requiring written confirmation or designating specific contact persons. This clause ensures that both parties know whose directions are valid, reducing the risk of unauthorized actions and preventing disputes over whether instructions were properly given or followed.
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AUTHORITY AND INSTRUCTIONS. We may act upon any transaction which we reasonably believe to have been given by an authorised representative of you. No liability shall attach to us if a transaction which we have accepted and acted upon bona fide is subsequently discovered to have been given forged, falsified or amended without your authority. Further terms in relation to dealing instructions are set out in the Appendix to this Agreement.
AUTHORITY AND INSTRUCTIONS. At our sole discretion, we may take instructions from any Primary Cardholder without the approval of any other Cardholder and we may treat each Primary Cardholder as a designated agent for the other. If we permit, any Primary Cardholder may authorize additional Cards to be issued to additional Cardholders or the closure of the Card Account without notice to any other Cardholder. We may limit the number of Cards issued on the Card Account.
AUTHORITY AND INSTRUCTIONS. If we permit, we may take instructions from any Account Holder and/or the Authorized Contact without the approval of the other(s), and each of you are designated agents for the other without further authorization. If we permit, any one of you may authorize additional Account Holders or Authorized Contacts, without notice to any other Account Holders. If we permit, you may authorize and appoint Signing Authorities on this Account. You are solely responsible for determining the suitability of individuals you appoint as Signing Authorities or as Authorized Contacts. ATB Financial shall not in any way be liable or held responsible for any loss suffered by you caused by any act or omission or wrongful conduct of any Signing Authority appointed by you. ATB Financial is authorized to contact your Authorized Contact to discuss the ongoing operation of the Account.
AUTHORITY AND INSTRUCTIONS. In connection with the provision of the Services: 5.1 We shall seek to fill any order from You in accordance with Our Order Execution Policy. 5.2 We may act upon any instruction which We reasonably believe to have been given by an authorised representative of You. No liability shall attach to Us if an instruction which We have accepted and acted upon in good faith is subsequently discovered to have been forged, falsified or amended without Your authority. You also release Us from any liability in relation to Our reliance on the authenticity of any such communication and also from any liability in relation to communications: (i) sent by You but not received by Us; or (ii) which We reasonably believed were not made by You. 5.3 You will regularly provide Us with prices (which may be Indicative Prices or Firm Prices, each as defined in Clause 5.7 below), volumes and other relevant terms and conditions relating to transactions that You would like Us to place in certain markets on Your behalf. In this respect, We shall use Our commercially reasonable efforts to locate suitable counterparts to such transactions. 5.4 We shall not be under any obligation to accept a dealing instruction from You nor shall We be required to provide You with any reasons for Our declining to act on such instruction. Furthermore, We shall not be required to do anything or to refrain from doing anything which would, in Our reasonable opinion, infringe any Applicable Laws to which We are subject. 5.5 Where We do accept a dealing instruction from You, We shall seek to action it as soon as reasonably practicable. 5.6 In the event We decline to act on any dealing instruction issued by You to Us, We shall use Our reasonable efforts to notify You promptly of this. However, We shall not be liable to You or any third party for any losses, costs, damages or expenses incurred by You or other such third party as a result of: (a) Our refusal or delay to effect any transaction; and/or; (b) any failure or delay in Our notifying You of Our refusal to act. In addition, We accept no liability for any losses, costs, damages or expenses incurred or arising in connection with any change in market conditions before the time any transaction is placed by Us on Your behalf. 5.7 In relation to the provisions of clause 5.3 above, the following shall apply: “Indicative Prices” shall mean a price which You have provided to Us for reference purposes only and You acknowledge and agree that transactions may not be con...
AUTHORITY AND INSTRUCTIONS. At our sole discretion, we may take instructions from the Business or any Owner without the approval of the other and each of the Business and each Owner confirm that they are designated agent for the other(s) without further authorization. If we permit, the Business or any Owner may authorize additional Cards to be issued to additional Cardholders without notice to all of you.
AUTHORITY AND INSTRUCTIONS. 7.1 You may communicate your dealing instructions to KBL verbally or electronically. If you give KBL instructions, such instructions must be received by KBL during normal business hours allowing sufficient time for KBL to act upon them. You agree that acceptance of an instruction to withdraw or amend an existing instruction is always subject to our receiving and confirming such instruction in time for the appropriate action to be taken. You agree that KBL may in its absolute discretion, refuse to accept an order or any other instruction. 7.2 KBL may act upon any instruction which it reasonably believes to have been given by an authorised representative of you. No liability shall attach to KBL if an instruction which it has accepted and acted upon as bona fide is subsequently discovered to have been forged, falsified or amended without your authority. 7.3 When KBL accepts a dealing instruction from you, KBL will seek to action it as soon as reasonably practicable in the circumstances. Where you place a client limit order with KBL in shares which are admitted to trading on a regulated market or traded on a trading venue and that order is not immediately executed under prevailing market conditions, KBL shall take measures to facilitate the earliest possible execution of that order by making public immediately that order in a manner which is easily accessible to other market participants unless you expressly instruct KBL otherwise. Such instruction may be upon provision of the relevant dealing instruction or alternatively communicated in advance as applicable to certain or all such dealing instructions. 7.4 In accepting your orders KBL does not represent or warrant that it will be possible to execute such order or that execution will be possible according to your instructions. KBL shall carry out an order on your behalf only when the relevant market is open for dealings, and KBL shall deal with any instructions received outside market hours as soon as possible when that relevant market is next open for business (in accordance with the rules of that market). 7.5 You confirm that, where provided, you have read and agree to our order execution policy. This policy may be updated from time to time and is available on our website. KBL will consider the continued placement of orders by you to constitute your continued consent to our order execution policy. 7.6 KBL may aggregate your order with our own account orders and orders of other clients. You hereby understand ...
AUTHORITY AND INSTRUCTIONS. If there is more than one Primary Cardholder, we’ll consider each Primary Cardholder as having the authority to act for each other Primary Cardholder. This means that we can take instructions from any one Primary Cardholder without dealing with the others. The only exception to this is for Credit Limit increases – we need the consent of all Primary Cardholders for that.
AUTHORITY AND INSTRUCTIONS. We may act upon any instruction which we reasonably believe to have been given by an authorised representative of you. No liability shall attach to us if an instruction which we have accepted and acted upon in good faith is subsequently discovered to have been forged, falsified or amended without your authority. Further terms in relation to dealing instructions are set out in the Appendix to this Agreement.
AUTHORITY AND INSTRUCTIONS. 6.1 GFI may act upon any instruction which it reasonably believes to have been given by an authorised representative of you. No liability shall attach to GFI if an instruction which it has accepted and acted upon bona fide is subsequently discovered to have been forged, falsified or amended without your authority. 6.2 You will regularly provide GFI with prices, volumes and other relevant terms and conditions relating to transactions that you would like to place in certain financial markets and GFI shall use diligent and commercially reasonable efforts to locate counterparts to such transactions. 6.3 For the avoidance of doubt, all prices supplied by either party shall be deemed to be indicative and for reference purposes only (“Indicative Prices”) unless stated otherwise. Both parties understand that final transaction terms may vary from Indicative Prices.
AUTHORITY AND INSTRUCTIONS. 3.1 FIS may act upon any instruction which it reasonably believes to have been given by an authorized representative of You. No liability shall attach to FIS if an instruction which it has accepted and acted upon bona fide is subsequently discovered to have been forged, falsified or amended without Your authority. 3.2 You will promptly provide FIS with prices, volumes and other relevant terms and conditions relating to transactions that You would like to place in certain markets. FIS shall use commercially reasonable efforts to locate counterparts to such transactions. 3.3 In relation to the provisions of clause 3.2 the following shall also apply: an “Indicative Price” shall mean a price, which You have provided to Us for reference purposes only and transactions may not be concluded on any such Indicative Price. We shall confirm the Indicative Price with You prior to concluding any transaction. A“Firm Price” provided by You shall mean a price that We may immediately conclude a transaction without reference to You. We shall consider a Firm Price live and applicable until any such price has been hit by Us or until such time as You advise Us to withdraw the Firm Price. You shall clearly state to Us when a price is to be considered a Firm Price. For the avoidance of doubt, all prices shall be deemed to be Indicative Prices unless and until notified otherwise to Us by You whether verbally or in writing.