REPRESENTATIVES AND AUTHORITY Sample Clauses

The "Representatives and Authority" clause defines who within each party is authorized to act on the party's behalf and make binding decisions under the agreement. Typically, it specifies the names or titles of individuals who can sign documents, give instructions, or otherwise represent the party in contractual matters. This clause ensures that only duly authorized persons can commit the party to obligations, thereby preventing disputes over unauthorized actions and clarifying the chain of command for contractual communications.
REPRESENTATIVES AND AUTHORITY. 10.1 Each Party shall from time to time nominate a person to be its representative for the purposes of liaison, communication and resolution of issues under this Agreement, and shall notify the other party of the identity of its representative from time to time. As at the Commencement Date, the Company's representative is the Managing Director and the Authority's representative is the Director of Education. 10.2 The Managing Director shall consult with the Authority’s representative insofar as is reasonably practical in order to harmonise the regular and diligent conduct of day to day operations.
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REPRESENTATIVES AND AUTHORITY 
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Related to REPRESENTATIVES AND AUTHORITY

  • Existence, Power and Authority If not a natural person, the Borrower is duly organized, validly existing and in good standing under the laws of the State of its incorporation or organization and has the power and authority to own and operate its assets and to conduct its business as now or proposed to be carried on, and is duly qualified, licensed and in good standing to do business in all jurisdictions where its ownership of property or the nature of its business requires such qualification or licensing. The Borrower is duly authorized to execute and deliver the Loan Documents, all necessary action to authorize the execution and delivery of the Loan Documents has been properly taken, and the Borrower is and will continue to be duly authorized to borrow under this Agreement and to perform all of the other terms and provisions of the Loan Documents.

  • Powers and authority It has the power to enter into and perform, and has taken all necessary action to authorise the entry into and performance of, the Finance Documents to which it is or will be a party and the transactions contemplated by those Finance Documents.

  • Full Power and Authority Buyer represents that it has full power and authority to enter into this Agreement.

  • Power and Authority The Servicer has the corporate power and authority to execute and deliver this Agreement and to carry out its terms; and the execution, delivery and performance of this Agreement have been duly authorized by the Servicer by all necessary corporate action.

  • Requisite Power and Authority Such Subscriber has all necessary power and authority under all applicable provisions of law to execute and deliver this Subscription Agreement and other agreements required hereunder and to carry out their provisions. All action on Subscriber’s part required for the lawful execution and delivery of this Subscription Agreement and other agreements required hereunder have been or will be effectively taken prior to the Closing Date. Upon their execution and delivery, this Subscription Agreement and other agreements required hereunder will be valid and binding obligations of Subscriber, enforceable in accordance with their terms, except (a) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ rights and (b) as limited by general principles of equity that restrict the availability of equitable remedies.