Position of signatory Sample Clauses

The "Position of signatory" clause defines the authority and role of the individual signing the agreement on behalf of a party. It typically requires the signatory to state their official title or position within the organization, such as CEO, Director, or Manager, to confirm they have the legal capacity to bind the entity. This clause ensures that the agreement is executed by someone with proper authorization, thereby reducing the risk of disputes over the validity of the contract due to lack of authority.
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Position of signatory. Signature ................................................................ Date in the presence of: …………………………………………. print name of witness ................................................................
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Related to Position of signatory

  • Representation of Signatories Each of the undersigned expressly warrants and represents that they have full power and authority to sign this Agreement on behalf of the party indicated and that their signature will bind the party indicated to the terms hereof.

  • Effect of Signature Each person signing a supplement and/or purchase order or this EPL Agreement represents that he or she has read the supplement and/or purchase order and this EPL Agreement in its entirety, understands its terms, is duly authorized to execute the supplement and/or purchase order or this EPL Agreement on behalf of the parties and agrees to be bound by the terms contained herein. Accordingly, the supplement and/or purchase order and this EPL Agreement shall not be construed or interpreted in favor of or against the State or Seller on the basis of draftsmanship or preparation hereof.

  • Authority of Signatory Each signatory below represents and warrants that he or she has full power and is duly authorized by their respective party to enter into and perform this Contract. Such signatory also represents that he or she has fully reviewed and understands the above conditions and intends to fully abide by the conditions and terms of this Contract as stated.

  • Authority of Signatories The individuals executing this Agreement represent and warrant that they have the authority to sign on behalf of their respective parties.