Authority to Bind Parties Sample Clauses
The 'Authority to Bind Parties' clause establishes that only individuals with proper authorization can legally commit a party to the terms of the agreement. In practice, this means that signatures or agreements made by unauthorized employees or agents are not considered valid or binding on the company or organization. This clause helps prevent disputes by ensuring that only designated representatives can make binding commitments, thereby protecting both parties from unintended obligations or misunderstandings.
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Authority to Bind Parties. Each Party executing this Agreement represents and warrants to the other Party that the individual executing this Agreement on behalf of such Party has the power and authority to execute this Agreement and to bind the Party to the terms and conditions of this Agreement by executing this Agreement.
Authority to Bind Parties. Neither party in the performance of any and all duties under this Agreement, except as otherwise provided in this Agreement, has any authority to bind the other to any agreements or undertakings.
Authority to Bind Parties. Each signatory hereby represents that they have the authority to bind their respective entities and/or have received the consent of any Board or party necessary to bind their respective entities.
Authority to Bind Parties. Each of the undersigned hereby represents that he or she has the authority to execute this Agreement on behalf of his or her contracting Party.
Authority to Bind Parties. The signatories for the entities listed below covenant, represent, and warrant that (i) each Party executing this Note II, the Forbearance Agreement, Security Agreement II and the Affidavit of Confession of Judgment in a representative capacity is empowered to do so and all necessary approvals to enter into such documents comprising this transaction have been obtained; (ii) have the full legal capacity, right, power, and authority to execute and enter into this Note II and the aforementioned related documents; and (iii) this Note II and such related documents are valid and binding obligations enforceable against the entities on whose behalf they respectively purport to act.
Authority to Bind Parties. The individuals signing this Sublease on behalf of Sublessor and Sublessee hereby represent and warrant that they are empowered and duly authorized to bind the respective parties to this Sublease.
Authority to Bind Parties. Each of the undersigned hereby represents that he or she has the authority to execute this Agreement on behalf of his or her contracting Party. CITY OF BUENA PARK a California municipal corporation CONSULTANT* ▇▇▇▇ Architects, a Professional Corporation *If CONSULTANT is a corporation, then pursuant to California Corporations Code Section 313 this Agreement must be executed by either: (1) the chairperson of the board; (2) the president; or (3) the vice president plus any one of the following: the secretary, any assistant secretary, the chief financial officer, or any assistant treasurer.
Authority to Bind Parties. Neither Party in the performance of any and all duties under this MOU, except as otherwise provided in this MOU, has any authority to bind the other to any agreements or undertakings.
Authority to Bind Parties. Tentative amendments to this Agreement produced by negotiations shall be presented to the Union membership for ratification. Upon ratification, the President is authorized to sign the amendment, thereby binding the Union to the terms and conditions of the amendment to the Agreement. The Mayor's signature on any amendment shall bind the City to the terms and conditions of the amendment to this Agreement provided, however, that any amendment to this Agreement shall not be effective unless and until approved by ordinance of the City Council.
Authority to Bind Parties. The signatories for the entities listed below covenant, represent, and warrant that (i) all necessary approvals to enter into this Agreement have been obtained; (ii) have the full legal capacity, right, power, and authority to execute and enter into this Agreement; and (iii) this Agreement is a valid and binding obligation enforceable against the entity on whose behalf they purport to act.