LESSEE AUTHORITY Sample Clauses
The Lessee Authority clause establishes that the individual or entity signing the lease on behalf of the lessee has the legal power and authorization to do so. In practice, this means the person executing the agreement represents and warrants that they have obtained all necessary approvals or consents required by the lessee’s organizational structure, such as board resolutions or internal authorizations. This clause ensures that the lease is legally binding on the lessee and protects the lessor from disputes over the signatory’s authority, thereby reducing the risk of unenforceable agreements.
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LESSEE AUTHORITY. Lessee represents and warrant to Lessor that Lessee has the full right, power, and authority of enter into this Lease and to fully perform each and all of its obligations hereunder the party signing below has the due and property authority to execute and deliver this lease.
LESSEE AUTHORITY. LESSEE and each individual executing this Lease on behalf of an entity represents and warrants that:
A. The individual(s) executing this Lease on behalf of ▇▇▇▇▇▇ has/have full power and authority under ▇▇▇▇▇▇’s governing documents to execute and deliver this Lease in the name of an on behalf of LESSEE and to cause LESSEE to perform its obligations under this Lease;
B. LESSEE is authorized to transact business in the State of California and has the power and authority under applicable law and its governing documents to execute and deliver this Lease and to perform its obligations under this Lease.
LESSEE AUTHORITY. Lessee makes the following representations to Lessor, on which Lessor is entitled to rely in executing this lease: (i) Lessee is a Corporation duly organized and existing under the laws of the State of Florida , and has the power to enter into this lease and the transactions contemplated hereby and to perform its obligations hereunder, and by proper resolution the signatory hereto has been duly authorized to execute and deliver this lease; and (ii) the execution, delivery and performance of this lease and the consummation of the transactions herein contemplated shall not conflict with or result in a violation or breach of, or default under Lessee’s articles of incorporation or bylaws or partnership agreements, as amended, or any indenture, mortgage, deed of trust, note, security agreement or other agreement or instrument to which Lessee is a party or by which it is bound or to which any of its properties is subject.
LESSEE AUTHORITY. If Lessee is corporation or a partnership, Lessor shall have not duty to inquire into the powers of Lessee or the officers, directors, partners, or agents acting or purporting to act on its behalf, and any document entered into pursuant to the Lease or any other Obligation incurred upon the purported exercise of such power or authority is hereby guaranteed hereunder.
LESSEE AUTHORITY. In the event Lessee is a corporation, Lessee and the individuals signing on its behalf each jointly and severally represent and warrant that this Lease has been duly authorized, executed and delivered by and on behalf of the corporation and constitutes the valid and binding agreement of Lessee in accordance with the terms hereof. In the event Lessee is a partnership, Lessee and the individuals signing on its behalf each jointly and severally represent and warrant that all of the persons who are general or managing partners in said partnership have executed this Lease on behalf of the partnership, or that this Lease has been executed and delivered pursuant to and in conformity with a valid and effective authorization therefor by all of the general or managing partners of such partnership, and is and constitutes the valid and binding agreement of the partnership and each and every partner therein in accordance with its terms. It is further agreed that each and every present and future partner in the partnership shall be and remain at all times jointly and severally liable hereunder and that the death, resignation or withdrawal or any partner shall not release the liability of such partners under the terms of this Lease unless and until Lessor shall have consented in writing to such release.
LESSEE AUTHORITY. Lessee represents and warrants that it has delivered to Lessor correct and complete copies of its LLC-5 filed with the California Secretary of State, and that the person signing this Lease on behalf of Lessee is duly authorized to approve and execute this Lease on behalf of Lessee.
LESSEE AUTHORITY. Lessee shall furnish to Lessor a corporate resolution, proof of due authorization of partners, or other appropriate documentation reasonably requested by Lessor evidencing the due authorization of Lessee to enter into this Lease Agreement.
LESSEE AUTHORITY. Lessee warrants, covenants and represents that it is duly organized and qualified to do business in the State of New York, and it has the power and authority to enter into this Lease and the person executing this Lease on behalf of Lessee hereby covenants, warrants, and represents that he or she is authorized to enter into this Lease on behalf of Lessee.