Common use of Negotiable Instruments Clause in Contracts

Negotiable Instruments. All cheques, promissory notes, drafts, bills of exchange and other negotiable instruments and all receipts for money paid to the Company may be signed, drawn, accepted, endorsed or otherwise executed, as the case may be, in such manner as the Directors from time to time determine, provided however, until determined otherwise, at least two (2) persons, duly authorized by the Directors for this purpose, shall be required to execute any negotiable instruments.

Appears in 5 contracts

Samples: National Rail Corporation Agreement, National Rail Corporation Agreement, National Rail Corporation Agreement

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Negotiable Instruments. All cheques, promissory notes, drafts, bills of exchange and other negotiable instruments and all receipts for money paid to the Company may be signed, drawn, accepted, endorsed or otherwise executed, as the case may be, in such manner as the Directors from time to time determine, provided however, until determined otherwise, at least two (2) persons, duly authorized by the Directors for this purpose, shall be required to execute any negotiable instruments.two

Appears in 2 contracts

Samples: National Rail Corporation Agreement Act 1992, National Rail Corporation Agreement

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Negotiable Instruments. All cheques, promissory notes, drafts, bills of exchange and other negotiable instruments and all receipts for money paid to the Company may be signed, drawn, accepted, endorsed or otherwise executed, as the case may be, in such manner as the Directors from time to time determine, provided however, until determined otherwise, at least two (2) persons, duly authorized authorised by the Directors for this purpose, shall be required to execute any negotiable instruments.

Appears in 2 contracts

Samples: National Rail Corporation Agreement, National Rail Corporation Agreement

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