AUTHORITY TO EXECUTE THIS CONTRACT Clause Samples

The 'Authority to Execute This Contract' clause establishes that the individuals signing the contract have the legal power and authorization to bind the parties they represent. In practice, this means that each signatory affirms they are acting within their official capacity, such as an officer or authorized agent of a company, and have obtained any necessary internal approvals. This clause helps prevent disputes over the validity of the contract by ensuring that all parties are properly represented and that the agreement is legally enforceable.
AUTHORITY TO EXECUTE THIS CONTRACT. The parties to this contract declare that they have full authority to execute this document and accordingly to be fully bound by the terms and conditions.
AUTHORITY TO EXECUTE THIS CONTRACT. The person or persons executing this Contract on behalf of Contractor warrants and represents that he/she has the authority to execute this Contract on behalf of Contractor and has the authority to bind Contractor to the performance of its obligations hereunder.
AUTHORITY TO EXECUTE THIS CONTRACT. The parties to this contract declare that they have the full authority to execute this document and accordingly to be fully bound by the terms and conditions. SHENGKUI/KIWA --------------------------------------------------------------------------------
AUTHORITY TO EXECUTE THIS CONTRACT. THE PARTIES TO THIS CONTRACT DECLARE THAT THEY HAVE FULL LEGAL AUTHORITY TO EXECUTE THIS DOCUMENT AND ACCORDINGLY TO BE FULLY BOUND BY THE TERMS AND CONDITIONS. THIS CONTRACT SHALL BE EXECUTED BY BOTH PARTIES, BUYER & SELLER. THE CONTRACT SHALL BE LIMITED TO THE TERMS & CONDITIONS EXPLICITLY MENTIONED HEREIN. BUYER & SELLER SHALL NOT HAVE THE RIGHT TO CLAIM ANY OTHER TERMS AND CONDITIONS, WHICH HAVE NOT BEEN EXPLICITLY MENTIONED IN THIS CONTRACT. SIGNATORIES OF THIS CONTRACT ARE OBLIGED TO COMPENSATE FOR THE LOSSES AND PENALTY TO COUNTERPARTY, IF THEIR ACTIONS OR NON-ACTION LEAD TO DELAY, IDLE OR DOWNTIME OF THE PROCESS. ENGLISH LANGUAGE ONLY SHALL BE USED IN ALL CORRESPONDENCE AND DOCUMENTATION. ALL DOCUMENTS RECEIVED BY FAX, E-MAIL OR OTHER ELECTRONIC MEANS SHALL HAVE THE SAME POWER AS ORIGINAL DOCUMENTS. THIS AGREEMENT IS NON-ASSIGNABLE AND NON-TRANSFERABLE BY EITHER PARTY, WITHOUT PRIOR PERMISSION OF THE OTHER PARTY.
AUTHORITY TO EXECUTE THIS CONTRACT. THE PARTIES TO THIS CONTRACT DECLARE THAT THEY HAVE FULL AUTHORITY TO EXECUTE THIS DOCUMENT AND ACCORDINGLY TO BE FULLY BOUND BY THE TERMS AND CONDITIONS. THIS CONTRACT MAY BE EXECUTED SIMULTANEOUSLY IN TWO OR MORE COUNTERPARTS VIA TELEX, E-MAIL OR FACSIMILE TRANSMISSION, EACH OF WHICH SHALL BE DEEMED AS ORIGINALS AND LEGALLY BINDING. THIS CONTRACT SHALL BE GOVERNED AND INTERPRETED IN ACCORDANCE WITH THE UNITED NATIONS CONVENTION ON CONTRACTS FOR THE INTERNATIONAL SALE OF GOODS, 1980 (CISG). THIS AGREEMENT IS ASSIGNABLE BY THE SELLER OR LEGAL REPRESENTATIVE ONLY, WITH PRIOR INFORMATION AND WRITTEN PERMISSION OF THE OTHER PARTY.

Related to AUTHORITY TO EXECUTE THIS CONTRACT

  • AUTHORITY TO EXECUTE THIS AGREEMENT The person or persons executing this Agreement on behalf of Consultant warrants and represents that he/she has the authority to execute this Agreement on behalf of the Consultant and has the authority to bind Consultant to the performance of its obligations hereunder.

  • Authority to Execute Agreement Each of the Parties represents and warrants that its undersigned representative has been expressly authorized to execute this Agreement for and on behalf of such Party.

  • Authority to Execute Each person executing this Agreement represents and warrants that he or she is duly authorized and has legal authority to execute and deliver this Agreement. Each party represents and warrants to the other that the execution and delivery of this Agreement and the performance of such party’s obligations hereunder have been duly authorized. [Signatures on Following Page]