Personal Capacity Clause Samples
The Personal Capacity clause establishes that individuals entering into an agreement are doing so on their own behalf and not as representatives or agents of another party. In practice, this means that the person signing the contract is personally bound by its terms and cannot later claim they were acting for a company, organization, or another individual unless explicitly stated. This clause helps prevent disputes over authority and ensures that the correct party is held accountable for fulfilling the contract's obligations.
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Personal Capacity. No person executing this Agreement who is or becomes during the term hereof a director or officer of the Company makes any agreement or understanding herein in his or her capacity as a director or officer of the Company. Each Stockholder signs solely in his or her capacity as the Beneficial Owner of the Shares and nothing herein shall limit or affect any actions taken by any Stockholder in his or her capacity as an officer or director of the Company.
Personal Capacity. In his personal capacity, he served as a member of the program committee of the following four workshops.
Personal Capacity. The Borrower and each Obligor is entering into this Agreement and the Security Documents to which it is a party in its personal capacity and not as agent for any person.
Personal Capacity. He or she is a natural person, a citizen of India, of legal age, with full legal capacity and individual power to enter into, deliver and perform his or her obligations under this Agreement;
Personal Capacity. The party signing this Agreement on behalf of the Client, in consideration of LDE entering into this Agreement with the Client, acknowledges and agrees they are entering into this contract in their personal capacity as well as on behalf of the Client and further acknowledge and agree they are jointly and severally liable with the Client, as a principal debtor to LDE, and confirm they are authorised to bind the Client, under this Agreement.
Personal Capacity. He is a natural person, of legal age, with full capacity and individual power to enter into, deliver and perform his or her obligations under this Agreement;
Personal Capacity. The Borrower and each Obligor is entering into this Agreement and the Security Documents to which it is a party in its personal capacity and not as agent for any person. Table of Contents 13.23 Times for making representations
13.23.1. The representations set out in this Clause are made by the Borrower on the date of this Agreement.
13.23.2. The representations at Clauses 13.2 (Status), 13.3 (Powers and Authority), 13.5.2 and 13.5.3 (Non-conflict), 13.6.2 (No default), 13.10 (Information), 13.11 (Valuation), 13.12 (Title to Property) and 13.19 (Jurisdiction/governing law), 13.21 (Material Contracts) (the “Repeating Representations”) are deemed to be repeated by the Borrower on the date of the Request, on the Utilisation Date and thereafter on each Interest Payment Date.
13.23.3. When a representation is repeated, it is applied to the circumstances existing at the time of repetition.
13.23.4. The Repeating Representations and those representations at Clauses 13.17 (Stamp Duties), 13.18 (Immunity) and 13.19 (Jurisdiction/Governing Law) are deemed to be repeated by the Borrower with respect to each Additional Obligor on the date that it becomes an Additional Obligor.