Capacity and Authority to Act Sample Clauses

The Capacity and Authority to Act clause establishes that each party entering into the agreement has the legal power and proper authorization to do so. In practice, this means that individuals signing on behalf of a company or organization confirm they have been duly empowered, and that the entities themselves are validly existing and capable of entering into binding contracts. This clause helps prevent disputes over the validity of the agreement by ensuring all parties are legitimately represented and authorized, thereby safeguarding the enforceability of the contract.
Capacity and Authority to Act. You and your officers, employees and agents are not authorized to make any representations concerning the Trust or the Shares to Customers or prospective Customers, excepting only accurate communication of factual information contained in the then-current prospectus and statement of additional information or such other communications as may be expressly authorized by the Trust. In performing your services under this Agreement, you shall act as agent for the Customer and shall have no authority to act as agent for the Trust. Upon request by the Trust, you shall provide the Trust with copies of any materials which are generally circulated by you to your Customers or prospective Customers.
Capacity and Authority to Act. The Agent and its officers, employees and agents are not authorized to make any representations concerning the Trust or the Shares to Customers or prospective Customers, excepting only accurate communication of factual information contained in the then-current Prospectus and SAI offering Shares of the relevant Fund or such other communications as may be expressly authorized by the Trust. In performing its services under this Agreement, the Agent shall act as agent for the Customer and shall have no authority to act as agent for the Trust. Upon request by the Trust, the Agent shall provide the Trust with copies of any materials which are generally circulated by the Agent to its Customers or prospective Customers. The Agent and its officers and employees shall be available during normal business hours to consult with the Trust and the Trust's other service providers concerning the performance of the Agent's responsibilities under this Agreement.
Capacity and Authority to Act. You and your officers, employees and agents are not authorized to make any representations concerning Tamarack or the Shares to Customers or prospective Customers, excepting only accurate communication of factual information contained in the then-current prospectus and statement of additional information or such other communications as may be expressly authorized by Tamarack. In performing your services under this Agreement, you shall act as agent for the Customer and shall have no authority to act as agent for Tamarack. Upon request by Tamarack, you shall provide Tamarack with copies of any materials which are generally circulated by you to your Customers or prospective Customers.
Capacity and Authority to Act. You and your officers, employees and agents are not authorized to make any representations concerning the Fund or the Shares to Customers or prospective Customers, excepting only accurate communication of factual information contained in the then-current prospectus and statement of additional information or such other communications as may be expressly authorized by the Fund. In performing your services under this Agreement, you shall act as agent for the Customer and shall have no authority to act as agent for the Fund. Upon request by the Fund, you shall provide the Fund with copies of any materials which are generally circulated by you to your Customers or prospective Customers.
Capacity and Authority to Act. The Agent and its officers, employees and agents are not authorized to make any representations concerning the Trust or the Shares to Customers or prospective Customers, excepting only accurate communication of factual information contained in the then-current Prospectus and Statement of Additional Information offering Shares of the relevant Fund or such other communications as may be expressly authorized by RFD. In performing its services under this Agreement, the Agent shall act as agent for the Customer and shall have no authority to act as agent for RFD or the Trust. Upon request by RFD, the Agent shall provide RFD with copies of any materials which are generally circulated by the Agent to its Customers or prospective Customers. The Agent and its officers and employees shall be available during normal business hours to consult with RFD and the Trust's other service providers concerning the performance of the Agent's responsibilities under this Agreement.
Capacity and Authority to Act. The Private Placement Agent and its officers, employees and agents are not authorized to make any representations concerning the Trust or the Shares to investors or prospective investors, excepting only accurate communication of factual information contained in the then-current Confidential Offering Circular or such other communications as may be expressly authorized by the Trust. In performing the services under this Agreement, the Private Placement Agent shall act as an agent for the Trust. Upon request by the Trust, the Private Placement Agent shall provide the Trust with copies of any materials which are generally circulated by it to or prospective investors in the Trust.
Capacity and Authority to Act. You and your officers, employees and agents are not authorized to make any representations concerning the Fund or the Shares to Shareholders or prospective Shareholders, excepting only accurate communication of factual information contained in the then-current prospectus and statement of additional information or such other communications as may be expressly authorized by the Fund. In performing your services under this Agreement, you shall act as agent for the Shareholder and shall have no authority to act as agent for the Fund. Upon request by the Fund, you shall provide the Fund with copies of any materials which are generally circulated by you to your Shareholders or prospective Shareholders.
Capacity and Authority to Act. The Agent and its officers, employees and agents are not authorized to make any representations concerning the Distributor, the SSgA Funds, the Funds or the Shares to Customers or prospective Customers, other than accurate communication of factual information contained in the then-current Prospectus and SAI offering Shares of the relevant Fund or such other communications as may be expressly authorized by the Distributor. In performing its services under this Agreement, the Agent shall have no authority to act as agent for the Distributor or the SSgA Funds other than as expressly set forth in this Agreement. Upon reasonable request by the Distributor, and subject to reasonable confidentiality requirements of Agent, the Agent shall make available to the Distributor copies of materials which are generally circulated by the Agent to its Customers or prospective Customers. The Agent shall be available upon reasonable advance notice during normal business hours to consult with the Distributor and the SSgA Funds' other service providers concerning the performance of the Agent's responsibilities under this Agreement.

Related to Capacity and Authority to Act

  • Capacity and Authority The Transferee has the capacity and authority necessary to execute and deliver this Agreement and perform its obligations hereunder.

  • Authority and Authorization Each of the Consultants has full power and authority to enter into this Plan and carry out the obligations hereunder. Execution of this Plan and performance by the Consultants hereunder constitutes a valid and binding obligation of the Consultants and performance hereunder will not violate any other agreement to which any of the Consultants is a party.

  • Powers and authority It has the power to enter into and perform, and has taken all necessary action to authorise the entry into and performance of, the Finance Documents to which it is or will be a party and the transactions contemplated by those Finance Documents.

  • Purpose and Authority The parties to this agreement are the Department of Homeland Security (DHS) and the (Employer). The purpose of this agreement is to set forth terms and conditions which the Employer will follow while participating in E-Verify.

  • Legal Power and Authority It has all necessary power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. It is an entity duly organized, validly existing and in good standing under the laws its jurisdiction of organization.