Power and Authority to Execute Sample Clauses
The "Power and Authority to Execute" clause confirms that each party entering into the agreement has the legal right and capacity to do so. It typically requires each signatory to affirm that they have obtained all necessary approvals and are not restricted by any other agreements or laws from executing the contract. This clause ensures that the contract is valid and enforceable by confirming that all parties are properly authorized, thereby reducing the risk of future disputes over the legitimacy of the agreement.
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Power and Authority to Execute. Each of the parties hereto represent that they have the power and the authority to execute and deliver this Agreement and to perform the obligations hereunder, and that each person executing this Agreement on each party’s behalf has been authorized to sign on behalf of the respective party and to bind each to the terms of this Agreement.
Power and Authority to Execute. Each individual who executes this Agreement in a representative capacity represents and warrants that he or she has full right and power to execute this Agreement and to bind the entity or individuals on whose behalf he or she so signs.