Agency Capacity Sample Clauses
The Agency Capacity clause defines the authority and legal standing of a party acting as an agent on behalf of another entity in a contractual relationship. It typically clarifies that the agent has been duly authorized to enter into the agreement and perform obligations on behalf of the principal, and may require the agent to provide evidence of such authority if requested. This clause ensures that all parties understand the agent's role and prevents disputes over whether the agent had the power to bind the principal, thereby reducing the risk of unauthorized commitments.
Agency Capacity. Agency acknowledges that increasing Agency’s capacity to serve Clients, as set out in the Plan, is a condition to its retention of the Asset under Section 4.1.
Agency Capacity. Wilmington Trust is entering into this Amendment in its capacities as Original Second Lien Trustee, Second Lien Trustee, Third Lien Trustee, Second Lien Collateral Trustee and Third Lien Collateral Trustee, and not in its individual or corporate capacity. In acting hereunder, Wilmington Trust in each of its capacities shall be all of the rights, privileges and immunities under each of the applicable Second Lien Documents or Third Lien Documents in acting hereunder.
Agency Capacity. Individuals who are currently receiving Commonwealth funded disability programs and/or Western Australian disability programs, and are not currently accessing the DSC funded or provided programs, are included in Tables 4 and 5 as ‘estimated new consumers and current consumers of other service systems’.
Agency Capacity. (a) Wilmington Trust, National Association is entering into this Priority Confirmation Joinder solely in its capacity as Second Lien Collateral Trustee, and not in its individual or corporate capacity. In entering into this Priority Confirmation Joinder and acting under the Intercreditor Agreement, the Second Lien Collateral Trustee shall be entitled to all of the rights, privileges, immunities and indemnities granted to it under the Second Lien Collateral Trust Agreement and the Indenture as if such rights, privileges, immunities and indemnities were set forth herein and in the Intercreditor Agreement.
(b) Alter Domus (US) LLC is acknowledging this Priority Confirmation Joinder solely in its capacity as Priority Lien Agent, and not in its individual or corporate capacity. In acknowledging this Priority Confirmation Joinder and acting under the Intercreditor Agreement, the Priority Lien Agent shall be entitled to all of the rights, privileges, immunities and indemnities granted to it under the Priority Lien Documents as if such rights, privileges, immunities and indemnities were set forth herein and in the Intercreditor Agreement.