Common use of Authorized Action Clause in Contracts

Authorized Action. Any action to be taken under this Trust Agreement by an Employer or other person which is: (a) a corporation shall be taken by the board of directors of the corporation or any person or persons duly empowered by the board of directors to take the action involved, (b) a partnership shall be taken by an authorized general partner of the partnership, and (c) a sole proprietorship by the sole proprietor.

Appears in 9 contracts

Sources: Trust Agreement (Alltel Corp), Trust Agreement (Family Dollar Stores Inc), Trust Agreement (Omnicom Group Inc)

Authorized Action. Any action to be taken under this Trust Agreement by an Employer a company or other person which is: (a) a corporation shall be taken by the board of directors of the corporation or any person or persons duly empowered by the board of directors to take the action involved, (b) a partnership shall be taken by an authorized general partner of the partnership, and (c) a sole proprietorship by the sole proprietor.

Appears in 1 contract

Sources: Trust Agreement (Morrison Health Care Inc)