No Authority to Bind Company Clause Samples
The "No Authority to Bind Company" clause establishes that one party does not have the legal power to act on behalf of, or commit, the company to any obligations or agreements. In practice, this means that unless someone is specifically authorized, they cannot sign contracts, make promises, or otherwise represent the company in a way that would legally bind it. This clause is essential for protecting the company from unauthorized commitments and ensuring that only designated individuals can make binding decisions, thereby reducing the risk of unintended liabilities.
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No Authority to Bind Company. Consultant acknowledges and agrees that Consultant and its Assistants have no authority to enter into contracts that bind the Company or create obligations on the part of the Company without the prior written authorization of the Company.
No Authority to Bind Company. Neither Consultant, nor any partner, agent or employee of Consultant, has authority to enter into contracts that bind the Company or create obligations on the part of the Company without the prior written authorization of the Company.
No Authority to Bind Company. During the Term of Agreement, Executive will not have any authority to commit or bind Company to any contractual or financial obligations without the Company’s prior written consent.
No Authority to Bind Company. Advisor acknowledges and agrees that Advisor has no authority to enter into contracts that bind the Company or create obligations on the part of the Company without the prior written authorization of the Company.
No Authority to Bind Company. No Member (in such Person’s capacity as a Member) shall have the authority or power to represent or act for or on behalf of the Company, to do any act that would be binding on the Company or to make any expenditures or incur any obligations on behalf of the Company (unless such Member is an officer or Director of the Company authorized to do such act, make such expenditure or incur such expenditure and such Member is acting in such capacity).
No Authority to Bind Company. Nothing in this Agreement or ---------------------------- otherwise shall be construed as constituting an appointment of the Distributor as an agent, legal representative, joint venturer, partner, employee or servant of the Company for any purpose whatsoever. The Distributor is not authorized to transact business, incur obligations, sell goods, solicit orders, or assign or create any obligation of any kind, express or implied, on behalf of the Company, or to bind it in any way whatsoever, or to make any contract, promise, warranty or representation on the Company's behalf with respect to products sold by the Company or any other matter, or to accept any service of process upon the Company or receive any notice of any nature whatsoever on the Company's behalf.
No Authority to Bind Company. The Consultant shall not sign any agreement, contract or letter of intent for the “Client”. The Consultant shall not have the power to bind the “Client” or to commit the “Client” to any other legal obligation.
No Authority to Bind Company. No Member as such shall have authority or take any action to bind the Company.
No Authority to Bind Company. Contractor acknowledges and agrees that Contractor and it’s assistants have no authority to enter into contracts that bind the Company or create obligations on the part of the Company without the prior written authorization of the Company.
No Authority to Bind Company. Commencing on the Transition Date and continuing throughout the Term, neither Consultant, nor any partner, agent, employee or Assistant of Consultant, shall have the authority to enter into contracts that bind the Company or create any obligations on the part of the Company without the prior written authorization of the Company.