Procuration Clause Samples

The Procuration clause authorizes one party to act on behalf of another in legal or business matters. Typically, this clause specifies the scope of authority granted, such as signing contracts, making decisions, or handling financial transactions, and may require written documentation or specific limitations. Its core function is to ensure that actions taken by the authorized representative are legally binding on the principal, thereby facilitating efficient decision-making and execution of agreements when the principal cannot act personally.
Procuration. The Parties to this agreement each agree that any provisions for procurement set out in the Scheme Management Structure and Method of Buying Goods and Services as set out in Schedule 5 shall apply to this agreement, save for the following: 34.1 where there is a justifiable need for an exception to the normal procurement rules, to enable delivery partners to transfer funds or contract with a single supplier, the following will be necessary: 34.1.1 a report detailing the reasons why only a single supplier is suitable for the project; 34.1.2 approval of this exception by the Strategic Board referred to in the Partnership Agreement; 34.1.3 approval of this exception by the Accountable Body Representative
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Procuration. Par la présente, le Locataire accorde une procuration limitée au Propriétaire : a. pour la déclaration de tout sinistre à l’assureur du Locataire si : (1) le Véhicule est endommagé, perdu ou volé pendant la période de location et le Locataire ne rembourse pas les dommages; (2) le Propriétaire fait l’objet d’une réclamation relativement à des dommages subis en conséquence de cette transaction de location et le Locataire ne défend ni n’indemnise le Propriétaire à cet égard. b. pour assumer le nom du Locataire afin de toucher directement les indemnités versées par l’assurance relativement aux réclamations, dommages ou frais de location.
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Related to Procuration

  • Testing Landlord shall have the right to conduct annual tests of the Premises to determine whether any contamination of the Premises or the Project has occurred as a result of Tenant’s use. Tenant shall be required to pay the cost of such annual test of the Premises; provided, however, that if Tenant conducts its own tests of the Premises using third party contractors and test procedures acceptable to Landlord which tests are certified to Landlord, Landlord shall accept such tests in lieu of the annual tests to be paid for by Tenant. In addition, at any time, and from time to time, prior to the expiration or earlier termination of the Term, Landlord shall have the right to conduct appropriate tests of the Premises and the Project to determine if contamination has occurred as a result of Tenant’s use of the Premises. In connection with such testing, upon the request of Landlord, Tenant shall deliver to Landlord or its consultant such non-proprietary information concerning the use of Hazardous Materials in or about the Premises by Tenant or any Tenant Party. If contamination has occurred for which Tenant is liable under this Section 30, Tenant shall pay all costs to conduct such tests. If no such contamination is found, Landlord shall pay the costs of such tests (which shall not constitute an Operating Expense). Landlord shall provide Tenant with a copy of all third party, non-confidential reports and tests of the Premises made by or on behalf of Landlord during the Term without representation or warranty and subject to a confidentiality agreement. Tenant shall, at its sole cost and expense, promptly and satisfactorily remediate any environmental conditions identified by such testing in accordance with all Environmental Requirements. Landlord’s receipt of or satisfaction with any environmental assessment in no way waives any rights which Landlord may have against Tenant.

  • Commissioning Commissioning tests of the Interconnection Customer’s installed equipment shall be performed pursuant to applicable codes and standards. The ISO and Connecting Transmission Owner must be given at least five Business Days written notice, or as otherwise mutually agreed to by the Parties, of the tests and may be present to witness the commissioning tests.

  • Procurement All goods, works and services required for the Project and to be financed out of the proceeds of the Financing shall be procured in accordance with the provisions of Section III of Schedule 2 to the Financing Agreement.

  • Licensure The Contractor covenants that it has: (a) obtained all of the applicable licenses or permits, permanent, temporary or otherwise as required by Title 27 of the Virgin Islands Code; and (b) familiarized itself with the applicable provisions of Title 27 of the Virgin Islands Code pertaining to professions and occupations.

  • Reviews (a) During the term of this Agreement and for 7 years after the term of this Agreement, the HSP agrees that the Funder or its authorized representatives may conduct a Review of the HSP to confirm the HSP’s fulfillment of its obligations under this Agreement. For these purposes the Funder or its authorized representatives may, upon 24 hours’ Notice to the HSP and during normal business hours enter the HSP’s premises to: inspect and copy any financial records, invoices and other finance- related documents, other than personal health information as defined in the Enabling Legislation, in the possession or under the control of the HSP which relate to the Funding or otherwise to the Services; and inspect and copy non-financial records, other than personal health information as defined in the Enabling Legislation, in the possession or under the control of the HSP which relate to the Funding, the Services or otherwise to the performance of the HSP under this Agreement. (b) The cost of any Review will be borne by the HSP if the Review: (1) was made necessary because the HSP did not comply with a requirement under the Enabling Legislation or this Agreement; or (2) indicates that the HSP has not fulfilled its obligations under this Agreement, including its obligations under Applicable Law and Applicable Policy. (c) To assist in respect of the rights set out in (a) above, the HSP shall disclose any information requested by the Funder or its authorized representatives and shall do so in a form requested by the Funder or its authorized representatives. (d) The HSP may not commence a proceeding for damages or otherwise against any person with respect to any act done or omitted to be done, any conclusion reached or report submitted that is done in good faith in respect of a Review.