Common use of Negotiable Instruments Clause in Contracts

Negotiable Instruments. All cheques, promissory notes, drafts, bills of exchange and other negotiable instruments and all receipts for money paid to the Company may be signed, drawn, accepted, endorsed or otherwise executed, as the case may be, in such manner as the Directors from time to time determine, provided however, until determined otherwise, at least two (2) persons, duly authorized by the Directors for this purpose, shall be required to execute any negotiable instruments.

Appears in 5 contracts

Sources: National Rail Corporation Agreement, National Rail Corporation Agreement, National Rail Corporation Agreement

Negotiable Instruments. All cheques, promissory notes, drafts, bills of exchange and other negotiable instruments and all receipts for money paid to the Company may be signed, drawn, accepted, endorsed or otherwise executed, as the case may be, in such manner as the Directors from time to time determine, provided however, until determined otherwise, at least two (2) persons, duly authorized authorised by the Directors for this purpose, shall be required to execute any negotiable instruments.

Appears in 2 contracts

Sources: National Rail Corporation Agreement, National Rail Corporation Agreement

Negotiable Instruments. All cheques, promissory notes, drafts, bills of exchange and other negotiable instruments and all receipts for money paid to the Company may be signed, drawn, accepted, endorsed or otherwise executed, as the case may be, in such manner as the Directors from time to time determine, provided however, until determined otherwise, at least two (2) persons, duly authorized by the Directors for this purpose, shall be required to execute any negotiable instruments.two

Appears in 2 contracts

Sources: National Rail Corporation Agreement, National Rail Corporation Agreement Act 1992

Negotiable Instruments. All chequesCheques, promissory notes, drafts, bills of exchange and other negotiable instruments and all receipts for money paid to the Company may shall be signed, drawn, accepted, endorsed or otherwise executed, executed (as the case may be) by any two Directors or in any other way that the Board may, in such manner as the Directors from time to time time, determine, provided however, until determined otherwise, at least two (2) persons, duly authorized by the Directors for this purpose, shall be required to execute any negotiable instruments.

Appears in 1 contract

Sources: Agreement and Undertaking