Representatives May Bind the Parties Clause Samples

The "Representatives May Bind the Parties" clause establishes that individuals acting as representatives of each party have the authority to enter into agreements or make commitments on behalf of their respective organizations. In practice, this means that actions, promises, or decisions made by authorized employees, agents, or officers are legally binding on the parties they represent, provided these representatives are acting within the scope of their authority. This clause ensures that negotiations and agreements can proceed efficiently without requiring direct involvement from top executives for every decision, and it clarifies who has the power to commit the parties, thereby reducing disputes over the validity of actions taken during the course of the agreement.
Representatives May Bind the Parties. The parties represent that their respective representatives have the authority to legally bind them to the extent permissible by the Requirements of Law.
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Related to Representatives May Bind the Parties

  • Representatives of the Parties 11.1 The Seller has appointed the following authorised representatives for communication with the Buyer in relation to the subject of performance hereunder: In technical matters: 11.2 The Buyer has appointed the following authorised representatives for communication with the Seller in relation to the subject of performance hereunder: In technical matters:

  • Representatives for PFA (a) The HSP’s Representative for purposes of this PFA shall be [insert name, telephone number, fax number and e-mail address.] The HSP agrees that the HSP’s Representative has authority to legally bind the HSP. (b) The LHIN’s Representative for purposes of this PFA shall be: [insert name, telephone number, fax number and e-mail address.]

  • Representative of the Recipient; Addresses Section 7.01. The Minister of Finance of the Recipient is designated as representative of the Recipient for the purposes of Section 11.03 of the General Conditions.

  • The Purchasers May Act Through Agents To the extent permitted under the applicable Serviced Corporate Trust Contracts, the Purchasers may perform any of the Serviced Duties through agents, so long as the Purchasers exercise the degree of care required pursuant to Section 3.5 in selecting and supervising any such agents. The fees and expenses of any such agents shall be the obligations of the Purchasers, and the Sellers shall have no obligation with respect to any such fees or expenses. The Purchasers shall remain fully obligated and responsible for the performance of all of its obligations under this Agreement, notwithstanding their engagement of any such agents.

  • Representatives Representatives" shall mean officers, directors, employees, agents, attorneys, accountants, advisors and representatives.