Power of Representation Sample Clauses

Power of Representation. 1. The Managing Director shall represent the company jointly with Xx. Xxxxxxx Xxxxxxxxxxx in and out of court as defined by his appointment and the actual company statutes. 2. The Managing Director is released from the restrictions of section 181 German Civil Code („prohibition of self contracting“) for all transactions between the Company on the one hand and majority-owned enterprises of the Company on the other hand, namely at present SATELCO AG, Switzerland, SPEECH DESIGN ISRAEL, Ltd., Israel and SPEECH DESIGN CARRIER SYSTEMS GmbH, Germany. Such release from the restrictions of section 181 German Civil Code applies also to the legal transactions undertaken in the past by the Managing Director acting as representative of the Company on the one hand and as representative of the abovelisted enterprises on the other hand. This consent does not include any other consent or approval that might be necessary in relation with such transactions for whatever other legal reason. 3. The Managing Director shall be bound to the resolutions and instructions of the Shareholders’ Meeting. The Shareholders’ Meeting may in particular establish general policies with regard to the way the business is to be conducted.
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Power of Representation. (1) The Managing Director represents Versant Germany (alongside the other Managing Directors, if any are appointed by the Shareholder) legally and extrajudicially in accordance with the conditions of his appointment and Versant Germany’s articles of association. (2) The Managing Director shall obey the restrictions imposed on him by this Agreement, Versant Germany’s articles of association, the law, an instruction or a resolution by the Shareholder approved or adopted at any Shareholders’ Meeting.
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Power of Representation. (1) The Managing Director represents the Company (alongside the other Managing Directors where necessary) legally and extrajudicially in accordance with the conditions of his appointment and the articles of association. (2) The Managing Director shall obey the restrictions imposed on him by this agreement, the articles of association, the law, an instruction or a resolution by the Shareholders’ Meeting.
Sample 1
Power of Representation. At the Promisor's request, the Beneficiaries expressly grant an irrevocable power to Xxxxxxx Xxxxx or, in the case of his impediment or death, to Emmanuel Gras or, in the case of his impediment or death, to Xxxxxx Naftalski (hereinafter the "Representative"), to act jointly and severally in the name and on behalf of each of them within the framework of the mission defined as follows: (a) make any decision regarding the Transfer Price, (b) in the event of the exercise of the Option, deliver to the transferee of the Shares hereunder the share transfer order(s) corresponding to the Shares transferred, in return for the check(s) made out to each of the Beneficiaries concerned.
Sample 1
Power of Representation. At the Beneficiary's request, the Promisors (with the exception of the Corporate Promisors) expressly grant an irrevocable power to Xxxxxxx Xxxxx or, in the case of his impediment or death, to Emmanuel Gras or, in the case of his impediment or death, to Xxxxxx Naftalski (hereinafter the "Representative"), to act jointly and severally in the name and on behalf of each of them within the framework of the mission defined as follows: (a) make any decision regarding the Transfer Price, (b) distribute the Shares to be transferred pursuant to the present Contract, (c) sign the corresponding share transfer orders, (d) receive the Transfer Price, issue a receipt for the same and distribute the same amongst the Promisors.
Sample 1
Power of Representation. At the Promisor's request, the Beneficiaries expressly grant an irrevocable power to Xxxxxxx Xxxxx or, in the case of his impediment or death, to Emmanuel Gras or, in the case of his impediment or death, to Xxxxxx Naftalski (hereinafter the "Representative"), to act jointly and severally in the name and on behalf of each of them within the framework of the mission defined as follows: (a) make any decision regarding the Transfer Price, and
Sample 1
Power of Representation. 1. The General Manager represents the Company (alongside the other General Managers where necessary) legally and extrajudicially in accordance with the conditions of his appointment and the articles of incorporation. 2. The General Manager shall obey the restrictions imposed on him by this contract, the articles of incorporation, the law, an instruction or a resolution by the Shareholders' Meeting.
Sample 1
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Power of Representation. (1) The Managing Director has sole power to represent the Company. (2) The Company may at any time change the power of representation.
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Power of Representation. 14.1. The managing directors of the company are vested with joint power of representation and are authorized to sign jointly on behalf of the company.
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Related to Power of Representation

  • Letter of Representations Notwithstanding anything to the contrary in this Indenture or the Series Supplement, the parties hereto shall comply with the terms of each Letter of Representations applicable to such party.

  • Rights of Representation A grievant may be represented at all stages of the grievance by an Association representative(s).

  • Right of Representation An employee covered by this Agreement shall, under this Article, have the right to have an Association representative present at any time, subject to his requesting such representation.

  • Confirmation of Representations Borrower shall deliver, in connection with any Securitization, (a) one or more Officer’s Certificates certifying as to the accuracy of all representations made by Borrower in the Loan Documents as of the date of the closing of such Securitization in all relevant jurisdictions, and (b) certificates of the relevant Governmental Authorities in all relevant jurisdictions indicating the good standing and qualification of Mortgage Borrower, Senior Mezzanine Borrower, Borrower and Holdings as of the date of the Securitization.

  • Scope of Representation The scope of representation shall be limited to matters relating to wages, hours of employment and other terms and conditions of employment as defined in Government Code Section 3543.

  • Reaffirmation of Representations The Borrower hereby repeats and reaffirms all representations and warranties made by the Borrower to the Administrative Agent and the Lenders in the Credit Agreement as amended by this Amendment and the other Credit Documents on and as of the date hereof with the same force and effect as if such representations and warranties were set forth in this Amendment in full.

  • Repetition of Representations Delivery of an Accession Letter constitutes confirmation by the relevant Subsidiary that the Repeating Representations are true and correct in relation to it as at the date of delivery as if made by reference to the facts and circumstances then existing.

  • Certificate of Representations and Warranties The certificate required by Section 3.2(b).

  • Breach of Representation Any representation or warranty made or deemed made by any Borrower or any Guarantor in this Agreement, any Other Document or any related agreement or in any certificate, document or financial or other statement furnished at any time in connection herewith or therewith shall prove to have been misleading in any material respect on the date when made or deemed to have been made;

  • Confirmation of Representations and Warranties Each Borrower hereby (a) confirms that all of the representations and warranties set forth in Article IV of the Loan Agreement are true and correct with respect to such entity (except to the extent such representation or warranty relates to a particular date, in which case, such confirmation relates to such date), and (b) specifically represents and warrants to Lender that it has good and marketable title to all of its Collateral, free and clear of any lien or security interest in favor of any other person or entity.

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