Common use of AUTHORITY OF PRINCIPAL Clause in Contracts

AUTHORITY OF PRINCIPAL. Principal certifies that it has corporate authority to enter into this agreement. A certified copy of a resolution authorizing the opening of the account and stating the names of the corporate officers duly authorized to act on behalf of Principal is attached hereto. Riggx xx authorized to follow any and all instructions received by it from such person or persons until receipt by it of a certified copy of a new resolution conferring such authority upon another person or persons.

Appears in 3 contracts

Samples: Corporate Custody Agreement (Allied Capital Corp), Corporate Custody Agreement (Allied Capital Corp), Corporate Custody Agreement (Allied Capital Corp)

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AUTHORITY OF PRINCIPAL. Principal certifies that it has corporate authority to enter into this agreement. A certified copy of a resolution authorizing the opening of the account and stating the names of the corporate officers duly authorized to act on behalf of Principal is attached hereto. Riggx xx Xxxxx is authorized to follow any and all instructions received by it from such person or persons until receipt by it of a certified copy of a new resolution conferring such authority upon another person or persons.

Appears in 1 contract

Samples: Corporate Custody Agreement (MCG Capital Corp)

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AUTHORITY OF PRINCIPAL. Principal certifies that it has corporate authority to enter into this agreement. A certified copy of a resolution authorizing the opening of the account and stating the names of the corporate officers duly authorized to act on behalf of Principal is attached hereto. Riggx xx Southwest is authorized to follow any and all instructions received by it from such person or persons until receipt by it of a certified copy of a new resolution conferring such authority upon another person or persons.

Appears in 1 contract

Samples: Corporate Custody Agreement (Mgi2 Inc)

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