Authority to deliver Sample Clauses
The 'Authority to deliver' clause establishes that the party delivering goods, documents, or other items under the contract has the legal right and authorization to do so. In practice, this means the delivering party confirms it possesses the necessary ownership, rights, or permissions to transfer the items as required by the agreement, ensuring that the recipient receives valid and enforceable title or interest. This clause is essential for preventing disputes over ownership or unauthorized delivery, thereby protecting both parties and ensuring the transaction proceeds smoothly.
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Authority to deliver. The signature or sealing of this Agreement by or on behalf of a Party shall constitute an authority to the solicitors, or an agent or employee of the solicitors, acting for that Party in connection with this Agreement to deliver it as a deed on behalf of that Party.
Authority to deliver. The Client shall on request provide the Company with such authority as the Company may require under the Rules to authorize the Company to deliver such Securities, directly or through another SEHK Options Trading Exchange Participant, to SEOCH as SEOCH Collateral in respect of SEHK Exchange Traded Options Business resulting from the Client's Instructions to the Company or such other relevant persons as determined by the Company in its sole discretion from time to time; and, in respect of options trading only, the Company does not have any further authority from the Client to borrow or lend the Client's Securities or otherwise part with possession (except to the Client or on the Client's instructions) of any of the Client's Securities for any other purpose.