Common use of General Power of Attorney Clause in Contracts

General Power of Attorney. 1.23.1 SFP is hereby authorised as the Customer’s attorney (with full rights of substitution) with full authority to be the Customer’s true and lawful attorney and in the Customer’s name to do on the Customer’s behalf and as the Customer’s acts and deeds, all things which the Customer could have done for the purposes of:- (a) carrying out any Orders of the Customer; (b) sign and execute all documents; (c) discharging any of its obligations to the Customer; and/or (d) doing any act or thing as may, in SFP’s opinion, be necessary or desirable for the purposes of preserving its rights hereunder. 1.23.2 Registration of this power of attorney in any jurisdiction may be effected on the Customer’s behalf by SFP at the Customer’s expense. 1.23.3 The Customer undertakes to ratify and confirm, and hereby ratifies and confirms, all and whatsoever SFP may do pursuant to this power of attorney.