Power of Representation Clause Samples

Power of Representation. 1. The General Manager represents the Company (alongside the other General Managers where necessary) legally and extrajudicially in accordance with the conditions of his appointment and the articles of incorporation. 2. The General Manager shall obey the restrictions imposed on him by this contract, the articles of incorporation, the law, an instruction or a resolution by the Shareholders' Meeting.

Power of Representation. Decisions (management) 1. Every partner is authorized to fully and legally represent the company, to issue and receive funds on its behalf, to bind the company to third parties and vice versa, as long as this is customary in the context of normal business operations. 2. Every partner is authorized to fully and legally represent the company, as is customary in the context of normal business operations.

Power of Representation. At the Promisor's request, the Beneficiaries expressly grant an irrevocable power to ▇▇▇▇▇▇▇ ▇▇▇▇▇ or, in the case of his impediment or death, to Emmanuel Gras or, in the case of his impediment or death, to ▇▇▇▇▇▇ Naftalski (hereinafter the "Representative"), to act jointly and severally in the name and on behalf of each of them within the framework of the mission defined as follows: (a) make any decision regarding the Transfer Price, and

Power of Representation. 1. The Managing Director shall represent the company jointly with ▇▇. ▇▇▇▇ Meiler in and out of court as defined by his appointment and the actual company statutes. 2. The Managing Director is released from the restrictions of section 181 German Civil Code ("prohibition of self contracting") for all transactions between the Company on the one hand and majority-owned enterprises of the Company on the other hand, namely at present SATELCO AG, Switzerland, SPEECH DESIGN U.K. Ltd., United Kingdom, SPEECH DESIGN ISRAEL, Ltd., Israel. Such release from the restrictions of section 181 German Civil Code applies also to the legal transactions undertaken in the past by the Managing Director acting as representative of the Company on the one hand and as representative of the above listed enterprises on the other hand. This consent does not include any other consent or approval, that might be necessary in relation with such transactions for whatever other legal reason. 3. The Managing Director shall be bound to the resolutions and instructions of the Shareholders' Meeting. The Shareholders' Meeting may in particular establish general policies with regard to the way the business is to be conducted.

Power of Representation. (1) The Managing Director represents the Company (alongside the other Managing Directors where necessary) legally and extrajudicially in accordance with the conditions of his appointment and the articles of association. (2) The Managing Director shall obey the restrictions imposed on him by this agreement, the articles of association, the law, an instruction or a resolution by the Shareholders’ Meeting.

Power of Representation. At the Promisor's request, the Beneficiaries expressly grant an irrevocable power to ▇▇▇▇▇▇▇ ▇▇▇▇▇ or, in the case of his impediment or death, to Emmanuel Gras or, in the case of his impediment or death, to ▇▇▇▇▇▇ Naftalski (hereinafter the "Representative"), to act jointly and severally in the name and on behalf of each of them within the framework of the mission defined as follows: (a) make any decision regarding the Transfer Price, (b) in the event of the exercise of the Option, deliver to the transferee of the Shares hereunder the share transfer order(s) corresponding to the Shares transferred, in return for the check(s) made out to each of the Beneficiaries concerned.

Power of Representation. (1) The Managing Director has sole power to represent the Company. (2) The Company may at any time change the power of representation.

Power of Representation. 14.1. The managing directors of the company are vested with joint power of representation and are authorized to sign jointly on behalf of the company.

Power of Representation. At the Beneficiary's request, the Promisors (with the exception of the Corporate Promisors) expressly grant an irrevocable power to ▇▇▇▇▇▇▇ ▇▇▇▇▇ or, in the case of his impediment or death, to Emmanuel Gras or, in the case of his impediment or death, to ▇▇▇▇▇▇ Naftalski (hereinafter the "Representative"), to act jointly and severally in the name and on behalf of each of them within the framework of the mission defined as follows: (a) make any decision regarding the Transfer Price, (b) distribute the Shares to be transferred pursuant to the present Contract, (c) sign the corresponding share transfer orders, (d) receive the Transfer Price, issue a receipt for the same and distribute the same amongst the Promisors.