No Authority to Modify, Etc Sample Clauses

No Authority to Modify, Etc. Broker-Dealer acknowledges and --------------------------- agrees that neither Broker-Dealer nor any of the Registered Representatives shall have the authority, on behalf of USA or Insurance Company or otherwise, to (a) modify any of the terms of the Products, including, but not limited to, any forfeiture provisions thereof, or (b) extend the time of payment of any premiums with respect to a Product. Broker-Dealer acknowledges that neither Broker- Dealer nor any Registered Representative may receive any premiums or other funds from applicants for, or purchasers of the Products (except for the sole purpose of forwarding such funds to Insurance Company). If Broker-Dealer or a Registered Representative inadvertently receives any funds from applicants for, or purchasers of the Products they shall hold such funds in a fiduciary capacity on behalf of the Insurance Company and promptly submit them to Insurance Company.
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Related to No Authority to Modify, Etc

  • AUTHORITY TO MODIFY No modification or change in this Agreement shall be valid and enforceable against UNICEF unless provided by a written amendment to this Agreement signed by a duly authorized officer of UNICEF and an Authorized Officer of IP.

  • No Authority to Bind Neither party has the power or authority to bind the other party to contracts or other obligations.

  • No Authority to Bind Company Consultant acknowledges and agrees that Consultant and its Assistants have no authority to enter into contracts that bind the Company or create obligations on the part of the Company without the prior written authorization of the Company.

  • Authority to Sign If this document is not signed by all of the persons comprising the Supplier, any person who has signed this document warrants to DFMC that it is duly authorised to sign and bind all the persons comprising the Supplier.

  • No Amendments or Waivers As of the Cutoff Date, no material provision of a Receivable has been amended, modified or waived in a manner that is prohibited by the provisions of this Agreement.

  • Authority to Contract Each Party represents and warrants that it has full right, power and authority to enter into and perform its obligations under this Agreement, and that the person signing this Agreement is duly authorized to enter into this Agreement on its behalf.

  • No Modification Without the prior written consent of State Street, the Fund shall not modify, enhance or otherwise create derivative works based upon the System, nor shall the Fund reverse engineer, decompile or otherwise attempt to secure the source code for all or any part of the System.

  • No Authority This Agreement shall not create, nor shall it be deemed to create, the relationship of employer and employee, principal and agent, partnership, or joint venture, between City and Confidant. Confidant has no authority whatsoever to make any representation in respect of, enter any commitment on behalf of, or incur any liability for or on behalf of, City, or to bind or purport to bind City to any Third Party in any way whatsoever.

  • No Modifications The Servicer shall not amend or otherwise modify any Receivable such that the Amount Financed, the Annual Percentage Rate, or the number of originally scheduled due dates is altered or such that the last scheduled due date occurs after the Final Scheduled Distribution Date.

  • No Amendment Each such Receivable has not been amended or otherwise modified such that the number of originally scheduled due dates has been increased or such that the Amount Financed has been increased.

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