Common use of Limitations on Authority Clause in Contracts

Limitations on Authority. Without the express written consent from the Company, the Executive shall have no apparent or implied authority to: (i) Pledge the credit of the Company or any of its other Executives; (ii) Bind the Company under any contract, agreement, note, mortgage or otherwise; (iii) Release or discharge any debt due the Company unless the Company has received the full amount thereof; or (iv) sell, mortgage, transfer or otherwise dispose of any assets of the Company.

Appears in 15 contracts

Samples: Employment Agreement (Amphitrite Digital Inc), Employment Agreement (Amphitrite Digital Inc), Employment Agreement (Amphitrite Digital Inc)

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Limitations on Authority. Without the express written consent from the Board of Directors of the Company, the Executive Employee shall have no apparent or implied authority to: (i: a) Pledge the credit of the Company or any other than in the ordinary course of its other Executives; (ii) Bind the Company under any contract, agreement, note, mortgage or otherwise; (iiibusiness. b) Release or discharge any debt due the Company unless the Company has received the full amount thereof; or (ivthereof other than in the ordinary course of business. c) sellSell, mortgage, transfer or otherwise dispose of any assets of the Company.

Appears in 7 contracts

Samples: Merger Agreement (Petcare Television Network Inc), Employment Agreement (Medical Media Television, Inc.), Employment Agreement (Medical Media Television, Inc.)

Limitations on Authority. Without the express written consent from the Board of Directors of the Company, the Executive shall have no apparent or implied authority toto : (ia) Pledge the credit of the Company or any of its other ExecutivesExecutives ; (iib) Bind the Company under any contract, agreement, note, mortgage or otherwise; (iii) Release otherwise release or discharge any debt due the Company unless the Company has received the full amount thereofthereof ; or (iv) sell, mortgage, transfer or otherwise dispose of any assets of the Company.Company . 35)

Appears in 3 contracts

Samples: Executive Employment Agreement (Motos America, Inc.), Executive Employment Agreement (Motos America, Inc.), Executive Employment Agreement (Motos America, Inc.)

Limitations on Authority. Without the express written consent from the Company, the Executive Employee shall have no apparent or implied authority to: (i) Pledge the credit of the Company or any of its other Executives; (ii) Bind the Company under any contract, agreement, note, mortgage or otherwise; (iii) Release or discharge any debt due the Company unless the Company has received the full amount thereof; or (iv) sell, mortgage, transfer or otherwise dispose of any assets of the Company.

Appears in 3 contracts

Samples: Employment Agreement (Nanotailor, Inc.), Employment Agreement (Nanotailor, Inc.), Employment Agreement (Nanotailor, Inc.)

Limitations on Authority. Without the express written consent from the Company, the Executive shall have no apparent or implied authority to: (i) Pledge pledge the credit of the Company or any of its other Executivesexecutives; (ii) Bind bind the Company under any contract, agreement, note, mortgage or otherwise; (iii) Release release or discharge any debt due the Company unless the Company has received the full amount thereof; or (iv) sell, mortgage, transfer or otherwise dispose of any assets of the Company.

Appears in 2 contracts

Samples: Employment Agreement (FilmOn.TV Networks Inc.), Employment Agreement (FilmOn.TV Networks Inc.)

Limitations on Authority. Without the express written consent from the Company, the Executive shall have no apparent or implied authority to: (i) Pledge the credit of the Company or any of its other Executives; (ii) Bind the Company under any contract, agreement, note, mortgage or otherwise; (iii) Release or discharge any debt due the Company unless the Company has received the full amount thereof; or (iv) sell, mortgage, transfer or otherwise dispose of any assets of the Company.or

Appears in 1 contract

Samples: Employment Agreement (Trellis Earth Products Inc)

Limitations on Authority. Without the express written consent from the Company, the Executive shall have no apparent or implied authority to: (i) Pledge the credit of the Company or any of its other Executives; (ii) Bind the Company under any contract, agreement, note, mortgage or otherwise; (iii) Release or discharge any debt due the Company unless the Company has received the full amount thereofCompany; or (iv) sell, mortgage, transfer or otherwise dispose of any assets of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Oncologix Tech Inc.)

Limitations on Authority. Without the express written consent from the Board of Directors of the Company, the Executive shall have no apparent or implied authority to: (ia) Pledge the credit of the Company or any of its other Executives; (iib) Bind the Company under any contract, agreement, note, mortgage or otherwise; (iii) Release otherwise release or discharge any debt due the Company unless the Company has received the full amount thereof; or (iv) sell, mortgage, transfer or otherwise dispose of any assets of the Company.. 37)

Appears in 1 contract

Samples: Executive Employment Agreement (Motos America, Inc.)

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Limitations on Authority. Without the express written consent from the CompanyCompany CEO, and if required, the Company Board of Directors, the Executive shall have no apparent or implied authority to: (i) Pledge the credit of the Company or any of its other Executives; (ii) Bind the Company under any contract, agreement, promissory note, letter of intent, note, mortgage or otherwise; (iii) Release or discharge any debt due the Company unless the Company has received the full amount thereof; or (iv) sell, mortgage, transfer or otherwise dispose of any assets of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Oncologix Tech Inc.)

Limitations on Authority. Without the express written consent from the Board of Directors of the Company, the Executive shall have no apparent or implied authority to: (i: a) Pledge the credit of the Company or any of its other Executives; (ii; b) Bind the Company under any contract, agreement, note, mortgage or otherwise; (iii) Release otherwise release or discharge any debt due the Company unless the Company has received the full amount thereof; or (iv) sell, mortgage, transfer or otherwise dispose of any assets of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Motos America, Inc.)

Limitations on Authority. Without the express written consent from the Company, the Executive shall have no apparent or implied authority to: (i) Pledge pledge the credit of the Company or any of its other Executives; (ii) Bind bind the Company under any contract, agreement, note, mortgage or otherwise; (iii) Release release or discharge any debt due the Company unless the Company has received the full amount thereof; or (iv) sell, mortgage, transfer or otherwise dispose of any assets of the Company.

Appears in 1 contract

Samples: Employment Agreement (OncBioMune Pharmaceuticals, Inc)

Limitations on Authority. Without the express written consent from the Company, the Executive shall have no apparent or implied authority to: (i) Pledge the credit of the Company or any of its other Executives; (iiII) Bind the Company under any contract, agreement, note, mortgage or otherwise; (iii) Release or discharge any debt due the Company unless the Company has received the full amount thereof; or (iv) sell, mortgage, transfer or otherwise dispose of any assets of the Company.

Appears in 1 contract

Samples: Employment Agreement (Acorn Holding Corp)

Limitations on Authority. Without the express written consent from the Board of Directors of the Company, the Executive shall have no apparent or implied authority to: (ia) Pledge the credit of the Company or any of its other Executives; (iib) Bind the Company under any contract, agreement, note, mortgage or otherwise; (iii) Release otherwise release or discharge any debt due the Company unless the Company has received the full amount thereof; or (iv) sell, mortgage, transfer or otherwise dispose of any assets of the Company.. 35)

Appears in 1 contract

Samples: Executive Employment Agreement (Motos America, Inc.)

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