Sufficient authority Clause Samples
The 'Sufficient authority' clause establishes that each party entering into the agreement has the legal power and authorization to do so. In practice, this means that the individuals signing the contract on behalf of a company or organization confirm they have been properly empowered, such as through board resolutions or internal policies. This clause helps prevent disputes over the validity of the agreement by ensuring that all parties are legitimately bound by its terms.
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Sufficient authority. If you represent and are registering as a business entity, by accepting the Agreement you covenant that such entity shall have sufficient authority under applicable law to enter into the Agreement and that you will have been duly authorized by the business entity to accept this Agreement and bind such business entity to this Agreement.
Sufficient authority. The Company will at all times reserve and keep available a sufficient authority (whether pursuant to the authorised capital or otherwise on the basis of a decision by its general shareholders' meeting) for the purpose of allowing for the exercise of the Warrants and the issuance of the Shares issuable upon exercise of the Warrants pursuant to the Conditions.
Sufficient authority. The Agent has good and sufficient and authority to enter into this Agreement and complete the transactions contemplated under this Agreement on the terms and conditions set forth herein.