Third party representative Clause Samples
A Third Party Representative clause defines the rights and responsibilities of individuals or entities who act on behalf of one of the parties to the agreement. This clause typically outlines the scope of authority granted to the representative, such as negotiating terms, signing documents, or communicating with the other party, and may require prior written consent before a representative is appointed. Its core function is to ensure clarity and prevent disputes by specifying who is authorized to act for a party, thereby reducing the risk of unauthorized actions or misunderstandings.
Third party representative. In making, delivering (which includes, for the avoidance of doubt, electronic delivery), receiving and/or accepting declarations pursuant to this Clause 2.1 (Lease of Vehicles), the Lessor and any Lessee may be represented by a duly authorised (bevollmächtigt) third party service provider acting in the name and on behalf of the Lessor or the applicable Lessee, respectively. The parties hereto agree that:
(i) each party so represented shall deliver to the respective other party the relevant original power of attorney or the original of the relevant servicing contract containing such power of attorney, at the time of or prior to the direct declaration made, delivered (which includes, for the avoidance of doubt, electronic delivery), received and/or accepted on behalf of it;
(ii) each party so represented shall promptly notify the respective other party of any amendments of such power of attorney;
(iii) the Lessor may only be represented by third party service providers incorporated in, and acting from, a jurisdiction other than Germany; and
(iv) each party shall procure that its respective service provider shall not sub-delegate its authority to any other Person.
Third party representative. In making, delivering (which includes, for the avoidance of doubt, electronic delivery), receiving and/or accepting declarations pursuant to this Clause 2.1 (Instalment Sale of Vehicles), the Instalment Seller and any Instalment Purchaser may be represented by a duly authorised third party service provider acting in the name and on behalf of the Instalment Seller or the applicable Instalment Purchaser, respectively. The parties hereto agree that:
(i) each party so represented shall deliver to the respective other party the relevant original power of attorney or the original of the relevant servicing contract containing such power of attorney, at the time of or prior to the direct declaration made, delivered (which includes, for the avoidance of doubt, electronic delivery), received and/or accepted on behalf of it;
(ii) each party so represented shall promptly notify the respective other party of any amendments of such power of attorney;
(iii) the Instalment Seller may only be represented by third party service providers incorporated in, and acting from, a jurisdiction other than Belgium; and
(iv) each party shall procure that its respective service provider shall not sub-delegate its authority to any other Person.
Third party representative. CITY may, at its sole cost and expense, retain an independent third-party representative (“Third-Party Representative”) to provide an independent review and recommendations to CITY in connection with the Project and NORESCO’s performance of the Services. At the sole discretion of CITY, the costs incurred for the Third-Party Representative shall be included as a Project cost in the Project cash flow model and will be paid for by CITY from Project funding sources.