Authority of Authorized Signers Sample Clauses

Authority of Authorized Signers. The persons named on the Business Membership Application or Business Authorized Signer Change are authorized to transact any business of any nature with the Credit Union on behalf of the Member/ Account Owner, and take any action regarding the Accounts. The Member/ Account Owner agrees to notify the Credit Union in writing of any change in the Authorized Signers’ authority. The Credit Union may request any other evidence of an Authorized Xxxxxx’s authority at any time. The Credit Union is directed to accept and pay without further inquiry any item, signed by an Authorized Signer drawn against any of the Member’s accounts. Unless otherwise indicated, any one Authorized Signer is expressly authorized to endorse all items payable to or owned by the Member for deposit with or collection by the Credit Union and to perform any other transaction permitted under the Agreement. The authority given to the Authorized Signers named on the Business Membership Application or Business Authorized Signer Change shall remain in full force until written notice of revocation or a Business Membership Application or Business Authorized Signer Change is delivered to and received by the Credit Union at each location where an account is maintained. Any such notice shall not affect any items in process at the time notice is given. An Authorized Signer shall notify the Credit Union of any change in the Member’s composition, assumed business names, or any aspect of the entity affecting the deposit relationship between the Member and the Credit Union before any such change occurs. The Credit Union shall have no duty to inquire as to the powers and duties of any Authorized Signer and shall have no notice of any breach of fiduciary duties by any Authorized Signer unless the Credit Union has actual notice of wrongdoing.
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Authority of Authorized Signers. Any of the Authorized Signers on any Application shall be authorized to transact business on behalf of the Account Owner with respect to the account or accounts designated on the Application and are authorized (a) to close any such account(s); (b) to deposit and withdraw any of the funds of the Account Owner in such account(s), whether represented by cash, checks, notes or other evidences of debt; (c) to sign for and receive the statements and records of the Account Owner with respect to any such account(s); (d) to stop payment against checks; e) to make withdrawals or transfers from any such Account (for the purpose of purchasing Certificates of Deposit in the name of the Account Owner and to redeem any such Certificate of Deposit in the name of the Account Owner; (f) enroll and maintain online banking and to make any other agreements and stipulations with us with respect to such account(s) and to bind the Account Owner thereto.
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Authority of Authorized Signers. Authorized signers are vested with limited authority to transact business on your accounts on your behalf.
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Related to Authority of Authorized Signers

  • AUTHORIZED SIGNERS Pursuant to this Limited Power of Attorney, individuals holding the titles of Officer, Blue Sky Manager or Senior Blue Sky Administrator at the Administrator shall have authority to act on behalf of the Funds with respect to items 1 and 2 above. The execution of this limited power of attorney shall be deemed coupled with an interest and shall be revocable only upon receipt by the Administrator of such termination of authority. Nothing herein shall be construed to constitute the appointment of the Administrator as or otherwise authorize the Administrator to act as an officer, director or employee of the Trust.

  • Warranty of Authority Each person signing this Amendment warrants that he or she is duly authorized to do so and to bind the respective party.

  • Warrant of Authority Each person signing this Amendment warrants that he or she is duly authorized to do so and to bind the respective party.

  • Authorized Signatory Dated:____________________ CERTIFICATE OF AUTHENTICATION This is one of the Class A-[_] Certificates referred to in the within-mentioned Agreement. JPMORGAN CHASE BANK, as Certificate Registrar By: ________________________ Authorized Signatory ASSIGNMENT FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto _______________________________________________________________ (Please print or typewrite name and address including postal zip code of assignee) the beneficial interest evidenced by the within Trust Certificate and hereby authorizes the transfer of registration of such interest to assignee on the Certificate Register of the Trust Fund.

  • Authorized Signatories The parties each represent and warrant to the other that (1) the persons signing this lease are authorized signatories for the entities represented, and (2) no further approvals, actions or ratifications are needed for the full enforceability of this Lease against it; each party indemnifies and holds the other harmless against any breach of the foregoing representation and warranty.

  • Scope of Authority Committee meetings will be used for communications between the parties, to share information and to address concerns. The committee will have no authority to conduct any negotiations or modify any provision of this Agreement. The committee’s activities and discussions will not be subject to the grievance procedure in Article 30.

  • CERTIFICATE OF AUTHORITY The Trust, the Adviser and the Sub-Adviser shall furnish to each other from time to time certified copies of the resolutions of their Boards of Trustees/Directors or executive committees, as the case may be, evidencing the authority of officers and employees who are authorized to act on behalf of the Trust, a Fund Account, the Adviser and/or the Sub-Adviser.

  • Authorized Signatures (1) Each of the undersigned represents that he or she is fully authorized to enter into the terms and conditions of, and to execute, this Settlement Agreement on behalf of the Parties identified above their respective signatures and their law firms.

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