No authority to contract or negotiate Sample Clauses

The "No authority to contract or negotiate" clause establishes that a party or its representatives do not have the legal power to enter into binding agreements or conduct negotiations on behalf of another party. In practice, this means that employees, agents, or subcontractors cannot make commitments, sign contracts, or otherwise obligate the company unless they have been expressly authorized to do so. This clause is essential for preventing unauthorized agreements and ensuring that only designated individuals can make binding decisions, thereby protecting the organization from unintended liabilities or obligations.
No authority to contract or negotiate. You shall not (and shall procure that your Authorised Third Parties shall not) make or enter into any contracts or commitments or incur any liability for or on our behalf including for the provision of the Products or the price for them, and shall not negotiate any terms for the provision of the Products with Clients or the terms of the Products or enter into any contract on our behalf.
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No authority to contract or negotiate. The Introducing Broker shall not make or enter into any contracts or commitments or incur any liability for or on behalf of IQOption, including for the provision of the services of IQOption, and shall not negotiate any terms for the provision of the services of IQOption with the Clients.
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No authority to contract or negotiate. The Introducer shall not make or enter into any contracts or commitments or incur any liability for or on behalf of the Principal, including for the provision of the Services or the price for them, and shall not negotiate any terms for the provision of the Services with Prospective Clients.
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No authority to contract or negotiate. The Partner shall not make or enter into any contracts or commitments or incur any liability for or on behalf of the Company or FCDEU, including for the provision of the Services or the price for them, and shall not negotiate any terms for the provision of the Services with Relevant Clients.
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Related to No authority to contract or negotiate

  • Authority to Contract Each Party represents and warrants that it has full right, power and authority to enter into and perform its obligations under this Agreement, and that the person signing this Agreement is duly authorized to enter into this Agreement on its behalf.

  • No Authority to Bind Company Consultant acknowledges and agrees that Consultant and its Assistants have no authority to enter into contracts that bind the Company or create obligations on the part of the Company without the prior written authorization of the Company.

  • Representative's Authority to Contract By signing this contract, the representative of the contractor thereby represents that such person is duly authorized by the contractor to execute this contract on behalf of the contractor and that the contractor agrees to be bound by the provisions thereof.

  • No Authority to Bind Neither party has the power or authority to bind the other party to contracts or other obligations.

  • AUTHORITY TO MODIFY No modification or change in this Agreement shall be valid and enforceable against UNICEF unless provided by a written amendment to this Agreement signed by a duly authorized officer of UNICEF and an Authorized Officer of IP.