Common use of Limitations of Authority Clause in Contracts

Limitations of Authority. The Contract forms are the sole property of Pacific Life. No person other than Pacific Life has the right or authority to: (i) make, alter or discharge any policy, Contract, certificate, supplemental contract or form issued by Pacific Life; (ii) make, alter, modify or discharge any Contract; (iii) waive or modify any provision with respect to any Contract or policy; (iv) incur indebtedness or liability, or expend or contract for expenditure of any funds on behalf of Pacific Life or the Contracts; (v) extend the time for payment of any premiums, bind Pacific Life to reinstate any terminated Contracts, or accept notes for payment of premiums; (vi) enter into any proceeding in a court of law or before a regulatory agency in the name of or on behalf of Pacific Life; or (vii) institute or file any response to any legal proceeding in connection with any matter pertaining to the Contracts on behalf of Pacific Life without the prior written consent of Pacific Life (except that if Selling Entities themselves are named as a party or parties in such proceedings each named party may enter into legal proceedings on its own behalf without the written consent of Pacific Life).

Limitations of Authority. The Contract forms are the sole property of Pacific Life. No person other than Pacific Life has the right or authority to: (i) make, alter or discharge any policy, Contract, certificate, supplemental contract or form issued by Pacific Life; (ii) make, alter, modify or discharge any Contract; (iii) waive or modify any provision with respect to any Contract or policy; (iv) incur indebtedness or liability, or expend or contract for expenditure of any funds on behalf of Pacific Life or the Contracts; (v) extend the time for payment of any premiums, bind Pacific Life to reinstate any terminated Contracts, or accept notes for payment of premiums; (vi) enter into any proceeding in a court of law or before a regulatory agency in the name of or on behalf of Pacific Life; or (vii) institute or file any response to any legal proceeding in connection with any Pacific Life Standard Selling Agreement matter pertaining to the Contracts on behalf of Pacific Life without the prior written consent of Pacific Life (except that if Selling Entities themselves are named as a party or parties in such proceedings each named party may enter into legal proceedings on its own behalf without the written consent of Pacific Life).