Common use of Reliance on Authority of Person Signing Agreement Clause in Contracts

Reliance on Authority of Person Signing Agreement. In the event that a Partner is any Person other than a natural person, neither the Partnership nor any Partner shall (i) be required to determine the authority of the Person signing this Agreement to make any commitment or undertaking on behalf of such first Person or to determine any fact or circumstance bearing upon the existence of the authority of such Person; or (ii) be required to see to the application or distribution of proceeds paid or credited to persons signing this Agreement on behalf of such first Person.

Reliance on Authority of Person Signing Agreement. In the event that If a Partner is any Person an entity other than a natural person, neither the Partnership nor any Partner shall shall: (i) be required to determine the authority of the Person person signing this Agreement to make any commitment or undertaking on behalf of such first Person entity or to determine any fact or circumstance circumstances bearing upon the existence of the authority of such Person; person, or (ii) be required to see to the application or distribution of proceeds paid or credited to persons signing this Agreement on behalf of such first Personentity.

Reliance on Authority of Person Signing Agreement. In the event that If a Partner is any Person other than not a natural personPerson, neither the Partnership nor any Partner shall (ia) be required to determine the authority of the Person individual signing this Agreement to make any commitment or undertaking on behalf of such first Person entity or to determine any fact or circumstance bearing upon the existence of the authority of such Person; individual or (iib) be required to see to responsible for the application or distribution of proceeds paid or credited to persons individuals signing this Agreement on behalf of such first Personentity.

Reliance on Authority of Person Signing Agreement. In the event that If a Partner is any Person other than not a natural personPerson, neither the Partnership nor any Partner shall (ia) be required to determine the authority of the Person individual signing this Agreement to make any commitment or undertaking on behalf of such first Person entity or to determine any fact or circumstance bearing upon the existence of the authority of such Person; individual or (iib) be required to see to responsible for the application or of distribution of proceeds paid or credited to persons individuals signing this Agreement on behalf of such first Personentity.

Reliance on Authority of Person Signing Agreement. In the event that If a Partner is any Person other than not a natural person, neither the Partnership Partnership, any Partner nor any Partner shall third party will (ia) be required to determine the authority of the Person individual signing this Agreement to make any commitment or undertaking on behalf of such first Person entity or to determine any fact or circumstance bearing upon the existence of the authority of such Person; individual or (iib) be required to see to responsible for the application or distribution of proceeds paid or credited to persons individuals signing this Agreement on behalf of such first Personentity.