Common use of LIMITATIONS ON AGENT'S AUTHORITY Clause in Contracts

LIMITATIONS ON AGENT'S AUTHORITY. Agent shall have no authority nor shall it represent itself as having such authority other than as is specifically set forth in this Agreement. Without limiting the generality of the foregoing sentence, Agent agrees that it will not do any of the following: 3.1 BIND COVERAGE. Bind coverage without prior approval of Company. Written application must follow within three (3) working days. Binder may not be extended without Company approval.

LIMITATIONS ON AGENT'S AUTHORITY. Agent shall have no authority nor shall it represent itself as having such authority other than as is specifically set forth in this Agreement. Without limiting the generality of the foregoing sentence, Agent agrees that it will not do any of the following: : 3.1 BIND COVERAGE. Bind coverage without prior approval of Company. Written application must follow within three (3) working days. Binder may not be extended without Company approval.