Constituent Authorization Sample Clauses

The Constituent Authorization clause establishes that the individuals or entities entering into the agreement have the legal authority to do so on behalf of their respective organizations or groups. In practice, this clause requires each party to confirm that their representatives are duly empowered, such as through board resolutions or corporate bylaws, to bind the organization to the contract. Its core function is to prevent disputes over the validity of the agreement by ensuring that all signatories are properly authorized, thereby reducing the risk of unenforceable contracts due to lack of authority.
Constituent Authorization. AGENCY shall obtain authorization from Constituent prior to requesting a Transaction to or from Constituent's account.
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Constituent Authorization. Merchant shall obtain authorization from Constituent prior to requesting a Transaction to Constituent's account.
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Related to Constituent Authorization

  • Payment Authorization I authorize ▇▇▇▇▇ Management to collect payment of the application fee and application deposit in the amounts specified under paragraph 3 of the Disclosures.

  • Government Authorization No consent, approval, order or authorization of, or registration, declaration or filing with, or notice to, any Governmental Entity, is required by or with respect to Pubco in connection with the execution and delivery of this Agreement by Pubco, or the consummation by Pubco of the transactions contemplated hereby, except, with respect to this Agreement, any filings under the Nevada Statutes, the Securities Act or the Exchange Act.