Duly Endorsed Clause Samples

The 'Duly Endorsed' clause establishes that a document, such as an insurance policy or negotiable instrument, must bear the proper signature or endorsement to be considered valid and effective. In practice, this means that the relevant party—such as an insurer, policyholder, or payee—must sign or stamp the document in accordance with legal or contractual requirements. For example, an insurance certificate may need to be signed by an authorized representative to confirm coverage, or a check must be endorsed by the payee to be negotiated. This clause ensures that only properly authorized and authenticated documents are recognized, thereby preventing disputes over validity and reducing the risk of fraud.
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Duly Endorsed. Assignor hereby represents and warrants to the Assignee that certificates representing the Assigned Debt will be duly endorsed upon their transfer to the Assignee.
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Duly Endorsed. Sellers hereby represent and warrant to the Buyers that certificates representing the Shares will be duly endorsed upon their transfer to the Buyers.
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Duly Endorsed. Pubco hereby represents and warrants to the Buyer that the certificates representing the Subco Shares will be duly endorsed upon their transfer to the Purchaser.
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Duly Endorsed. The term “Duly Endorsed” shall mean (i) duly endorsed by the Person or Persons in whose name a stock certificate or certificate representing a debt security is registered or (ii) accompanied by a duly executed stock or security assignment separate from the certificate, in each case with the signature(s) thereon guaranteed by a commercial bank or trust company or a member of a national securities exchange or of the National Association of Securities Dealers, Inc.
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Duly Endorsed. The Seller hereby represents and warrants to the Purchaser that the Equity has been duly endorsed upon their transfer to the Purchaser.
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Related to Duly Endorsed

  • NON-ENDORSEMENT As a result of the selection of a consultant to supply services to the City, the consultant agrees to make no reference to the City in any literature, promotional material, brochures, sales presentation or the like without the express written consent of the City.

  • No Endorsement Nothing in this Public License constitutes or may be construed as permission to assert or imply that You are, or that Your use of the Licensed Material is, connected with, or sponsored, endorsed, or granted official status by, the Licensor or others designated to receive attribution as provided in Section 3(a)(1)(A)(i).

  • ASSIGNMENT SEPARATE FROM CERTIFICATE FOR VALUE RECEIVED, I, _____________________, hereby sell, assign and transfer unto ( ) shares of the Common Stock of Heska Corporation, standing in my name on the books of said corporation represented by Certificate No. herewith and do hereby irrevocably constitute and appoint to transfer said stock on the books of the within-named corporation with full power of substitution in the premises. Dated: , 20 .

  • Additional Endorsements The Auto and Commercial General Liability Policies shall name the Texas A&M University System Board of Regents for and on behalf of The Texas A&M University System as additional insured’s.

  • APPOINTMENT OF SUB-AGENTS; ENDORSEMENTS, ETC If and to the extent necessary to enable the Pledgee to perfect its security interest in any of the Collateral or to exercise any of its remedies hereunder, the Pledgee shall have the right to appoint one or more sub-agents for the purpose of retaining physical possession of the Collateral, which may be held (in the discretion of the Pledgee) in the name of the relevant Pledgor, endorsed or assigned in blank or in favor of the Pledgee or any nominee or nominees of the Pledgee or a sub-agent appointed by the Pledgee.