Grant of Authority Clause Samples

A Grant of Authority clause formally gives one party the legal power to act on behalf of another within the scope defined by the agreement. This clause typically specifies the actions the authorized party can take, such as signing documents, making decisions, or representing the principal in negotiations. By clearly outlining the extent and limits of this authority, the clause helps prevent disputes over unauthorized actions and ensures all parties understand who is empowered to act and in what capacity.
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Grant of Authority. Subject to the terms and conditions of this Agreement and the Cable Law, the LFA hereby grants the Franchisee the right to own, construct, operate and maintain a Cable System along the Public Rights-of-Way within the Franchise Area, in order to provide Cable Service. No privilege or power of eminent domain is bestowed by this grant; nor is such a privilege or power bestowed by this Agreement.
Grant of Authority. City grants to Franchisee the right to construct, install, maintain and operate Facilities over, in, on and under present and future City rights-of-way for the purpose of providing telecommunication services on the terms stated in this Agreement. This Agreement is not exclusive. The City reserves the right to grant a similar franchise to any other person or entity at any time during the period of this franchise. This franchise is subject to all prior rights, interests, agreements, permits, easements or licenses granted by the City, and to the City’s right to use rights-of-way for any purpose.
Grant of Authority. As of the Effective Date, GlobalSign hereby grants to Subscriber the authority for the term set forth in Section 7 to use the enclosed Digital Certificate to create Digital Signatures or to use the Digital Certificate in conjunction with Private Key or Public Key operations.
Grant of Authority. 4.1 The Following Underwriters hereby authorise the Consortium Manager during the period of the agreement to: 4.1.1 solicit and receive submissions, proposals and applications for insurance; 4.1.2 negotiate, accept (or decline) and unconditionally bind insurances and amendments thereto for the Following Underwriters’ account, in each case in such manner (subject to the terms of the Agreement) as the Consortium Manager in its sole discretion sees fit; 4.1.3 act on behalf of the Following Underwriters in any of the ways set out in 4.1.3 of the Schedule; 4.2 In respect of every insurance bound under the Agreement, the Consortium Manager shall: 4.2.1 issue contract documentation, endorsements or other documents evidencing cover in accordance with Section 19; 4.2.2 ensure the proper processing of all documents evidencing or relating to cover, premiums, return premiums and claims transactions on the Following Underwriters’ behalf promptly or where applicable in accordance with such terms as agreed with the Following Underwriters; 4.2.3 handle and settle claims in accordance with Section 20; 4.2.4 ensure all regulatory returns are completed and submitted within the timeframes required; 4.2.5 take all steps as may be necessary or expedient for the purposes of or in connection with fulfilling its obligations for the protection of the interests of the Following Underwriters or for compliance with any applicable laws and regulations, including Lloyd’s requirements; 4.2.6 sign or execute on behalf of and as the attorney of each Following Underwriter, in its name or otherwise, all deeds, documents and agreements which the Consortium Manager may consider necessary or expedient for the purposes of or in connection with the business of the Consortium, including any such document needed for compliance with the provisions of any law or requirements of any appropriate regulatory authority in any part of the world; 4.3 Nothing in the Agreement shall grant the Consortium Manager authority beyond that specifically granted by the Agreement nor shall the Consortium Manager act as or hold itself out as having authority on behalf of the Following Underwriters where such authority does not arise or no longer arises under the Agreement; 4.4 Nothing in the Agreement shall be construed as creating the relationship of employer and employee between the Following Underwriters and the Consortium Manager; 4.5 The Consortium Manager shall comply with all reasonable requests or requirements m...
Grant of Authority. In the event of the occurrence of an Insolvency Event, and in order to enable Senior Creditor to enforce its rights hereunder in any of the aforesaid actions or proceedings, Senior Creditor is hereby irrevocably authorized and empowered, in Senior Creditor's discretion, as follows: (a) Senior Creditor is hereby irrevocably authorized and empowered (in its own name or in the name of Subordinated Creditor or otherwise), but shall have no obligation, (i) to demand, ▇▇▇ for, collect and receive every payment or distribution referred to in Section 6, above, and give acquittance therefor and (ii) (if Subordinated Creditor has failed to file claims or proofs of claim on or before thirty (30) days prior to the last date such claims or proofs of claim may be filed pursuant to law or the order of any court exercising jurisdiction over such proceeding) to file claims and proofs of claim, and (iii) to take such other action (including, without limitation, enforcing any lien securing payment of the Subordinated Debt) as it may deem necessary or advisable for the exercise or enforcement of any of the rights or interests of Senior Creditor hereunder. Subordinated Creditor shall duly and promptly take such action as Senior Creditor may reasonably request to execute and deliver to Senior Creditor such authorizations, endorsements, assignments, or other instruments as Senior Creditor may reasonably request in order to enable Senior Creditor to enforce any and all claims with respect to, and any liens securing payment of, the Subordinated Debt as such enforcement is contemplated herein. (b) To the extent that payments or distributions on account of the Subordinated Debt are made in property or securities other than cash, Subordinated Creditor authorizes Senior Creditor to sell or dispose of such property or securities on such terms as are commercially reasonable in the situation in question. Following full payment of the Senior Debt, Senior Creditor shall remit to Subordinated Creditor (with all necessary endorsements) to the extent of Subordinated Creditor's interest therein, all payments and distributions of cash, property, or securities paid to and held by Senior Creditor in excess of the allowed amount of the Senior Debt.
Grant of Authority. I hereby appoint ▇▇▇▇▇ ▇. ▇▇▇▇▇ to act as my agent (called an attorney in fact) to do each and every act which I could personally do for the following uses and purposes: To file on my behalf with the Securities and Exchange Commission (the “Commission”), Forms 3, 4 and 5 as shall be required from time to time pursuant to Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated by the Commission thereunder.
Grant of Authority. 4.1 The Underwriters hereby authorise the Coverholder to:
Grant of Authority. Subject to the terms and conditions of this Agreement and of Applicable Law, the Town hereby grants to Franchisee and Franchisee accepts from the Town a Franchise with the right and privilege to own, construct, reconstruct, install, repair, operate and maintain a Cable System over, under, through, upon, across and along the Public Rights-of-Way within the Franchise Area, for the purpose of providing Cable Services. No privilege or power of eminent domain is bestowed by this grant; nor is such a privilege or power bestowed or conveyed by the grant of the Franchise by this Agreement. This Agreement and the Franchise granted in connection herewith grant no right or power not expressly provided herein, but shall not be read to prohibit Franchisee from offering any service over the Cable System that federal or state law authorizes by reason of the granting this Franchise, provided any requirements for State and Town authorization or registration not inconsistent with federal and state law are satisfied.
Grant of Authority. From the Effective Date and for the term set forth within the validity period of any issued Certificate (“Valid from” date to “Valid to” date), GlobalSign hereby grants to the Subscriber the authority to use the Certificate in conjunction with Private Key and/or Public Key operations.
Grant of Authority. Each Party represents and warrants that it has authority to delegate the duties concerning the Joint Invention as set forth in Section 3, 4 and 5 to the Managing Party. The Managing Party represents and warrants to each Other Party that it is has the power and authority to act on behalf of all Other Parties as the Managing Party with respect to its designated duties respecting the Joint Invention.