Common use of Presumption of Authority Clause in Contracts

Presumption of Authority. Seller may conclusively presume and rely upon the fact that to the extent specified in Section 23.1, any instrument executed by Aquila acting as Buyer or agent or attorney-in-fact for UCU in authorized, regular, and binding upon UCU, without further need for inquiry.

Appears in 1 contract

Samples: Power Sales Agreement (Aquila Inc)

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Presumption of Authority. Seller may conclusively presume and ------------------------ rely upon the fact that to the extent specified in Section 23.1, any instrument executed by Aquila acting as Buyer or agent or attorney-in-fact for UCU in authorized, regular, and binding upon UCU, without further need for inquiry.

Appears in 1 contract

Samples: Power Sales Agreement (Dominion Resources Inc /Va/)

Presumption of Authority. Seller may conclusively presume and rely upon the fact that to the extent specified in Section 23.1, any instrument executed by Aquila acting as Buyer or agent or attorney-in-fact infact for UCU in authorized, regular, and binding upon UCU, without further need for inquiry.

Appears in 1 contract

Samples: Power Sales Agreement (Aquila Inc)

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Presumption of Authority. Seller may conclusively presume and ------------------------ rely upon the fact that to the extent specified in Section 23.1, any instrument executed by Aquila acting as Buyer or agent or attorney-in-in- fact for UCU in authorized, regular, and binding upon UCU, without further need for inquiry.

Appears in 1 contract

Samples: Power Sales Agreement (Dominion Resources Inc /Va/)

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