CONTRACT OWNER AND AUTHORIZED REPRESENTATIVE Clause Samples
The "Contract Owner and Authorized Representative" clause identifies the individual or entity responsible for overseeing the contract and designates who has the authority to act on behalf of each party. This clause typically specifies names, titles, or roles, and may outline the scope of authority granted, such as signing documents, making decisions, or issuing instructions. Its core function is to ensure clarity regarding who is empowered to represent each party, thereby preventing disputes or confusion over authorization during the contract’s execution.
CONTRACT OWNER AND AUTHORIZED REPRESENTATIVE. The Contract Owner is the entity named on the face page of the Contract. The Contract Owner shall be the Authorized Representative under this Contract of each Employer. The Contract Owner may appoint an Authorized Representative. The Authorized Representative must be mutually agreeable to both Nationwide and the Contract Owner. Nationwide will deal only with the Contract Owner or its Authorized Representative. Nationwide shall be entitled to rely on any action taken or omitted by the Contract Owner or its Authorized Representative pursuant to the terms of this Contract.