Representation of the Authority Clause Samples
The Representation of the Authority clause establishes that the individuals signing the agreement on behalf of each party have the legal power and authorization to do so. In practice, this means that each party confirms its signatory is duly empowered, such as an officer or authorized agent, and that the agreement is binding on the organization they represent. This clause helps prevent disputes over the validity of the contract by ensuring that all parties are properly represented and that the agreement is enforceable.
Representation of the Authority. The Authority represents and warrants to the City that the Authority has the full power and authority to enter into, to execute and to deliver this Lease Agreement, the Assignment Agreement and the Indenture, and to perform all of its duties and
Representation of the Authority. The Authority represents and warrants that the Authority has the full power and authority to enter into, to execute and to deliver this Lease Agreement and the Indenture, and to perform all of its duties and obligations hereunder and thereunder, and has duly authorized the execution and delivery of this Lease Agreement and the Indenture.