Authorization of Individuals Sample Clauses
The 'Authorization of Individuals' clause designates specific persons who are permitted to act on behalf of a party under the agreement. It typically outlines the scope of authority granted, such as signing documents, making decisions, or accessing confidential information, and may require that these individuals be identified by name or title. This clause ensures that only authorized representatives can bind the party, thereby reducing the risk of unauthorized actions and providing clarity about who holds decision-making power.
Authorization of Individuals. If the Purchaser is an individual:
(i) The Purchaser has all requisite legal capacity for the purchase of a SAFT;
(ii) The Purchaser has all requisite legal capacity for the execution and delivery of this Purchase Agreement and each other document required to be executed and delivered by the Purchaser in connection with this Purchase Agreement for a SAFT; and
(iii) Neither the execution, delivery or performance of this Purchase Agreement or any other document required to be executed and delivered by the Purchaser in connection with this Purchase Agreement for a SAFT, nor the consummation of any of the transactions contemplated hereby or thereby by the Purchaser, (a) will violate or conflict with any law, rule, regulation, judgment, order or decree of any court or other governmental body, (b) will conflict with or result in any breach or default under, permit any party to accelerate any rights under or terminate, or result in the creation of any lien, charge or encumbrance pursuant to the provision of any material contract, indenture, mortgage, lease, franchise, license, permit authorization, instrument or agreement of any kind to which the Purchaser is a party or by which the Purchaser is bound or to which the properties or assets of the Purchaser are subject, or (c) will require the consent or approval of any person other than consents or approvals that have already been obtained.
Authorization of Individuals. If the Investor is an individual:
Authorization of Individuals. If the Subscriber is an individual:
(i) The Subscriber has all requisite legal capacity for the purchase of Shares;
(ii) The Subscriber has all requisite legal capacity for the execution and delivery of this Subscription Agreement and each other document required to be executed and delivered by the Subscriber in connection with this subscription for Shares; and
(iii) Neither the execution, delivery or performance of this Subscription Agreement or any other document required to be executed and delivered by the Subscriber in connection with this subscription for Shares, nor the consummation of any of the transactions contemplated hereby or thereby by the Subscriber, (a) will violate or conflict with any law, rule, regulation, judgment, order or decree of any court or other governmental body, (b) will conflict with or result in any breach or default under, permit any party to accelerate any rights under or terminate, or result in the creation of any lien, charge or encumbrance pursuant to the provision of any material contract, indenture, mortgage, lease, franchise, license, permit authorization, instrument or agreement of any kind to which the Subscriber is a party or by which the Subscriber is bound or to which the properties or assets of the Subscriber are subject, or (c) will require the consent or approval of any person other than consents or approvals that have already been obtained.
Authorization of Individuals. Each party represents and warrants that it is free to enter into this Agreement and that, by doing so, will not violate the terms of any other agreement.