Price and Authority Sample Clauses
The "Price and Authority" clause defines the agreed-upon price for goods or services and specifies which parties have the legal authority to negotiate, approve, or modify pricing terms within the contract. Typically, this clause identifies the individuals or roles within each organization who are empowered to make binding decisions regarding price adjustments, discounts, or additional charges. By clearly establishing both the pricing structure and the decision-makers, this clause helps prevent unauthorized commitments and ensures that all pricing changes are properly authorized, thereby reducing the risk of disputes and maintaining contractual clarity.
Price and Authority. The property will be offered for sale at a list price of $ and shall be sold, subject to negotiation, at such price and upon such terms to which Owner(s) may agree. The word Owner refers to each and all parties who have ownership interest in the property and the undersigned represent(s) that they are the sole and exclusive owners and/or are fully authorized to enter into this agreement.
Price and Authority. The Property will be offered for rent/lease at a price of $ per month or $ per square foot and shall be rented/leased, subject to negotiation, at such price and upon such terms to which Owner(s) may agree. The undersigned Owner(s) represent that they are the sole and exclusive owners of the Property or that the undersigned Owner(s) have the full power and authority to bind and act on behalf of all owners of the Property and are fully authorized to enter into this Agreement.
Price and Authority. The property will be offered for sale at a list price of $ 69500