Examples of Irrevocable Power of Attorney in a sentence
In terms of a SEBI directive, the Distributor / Advisor shall not take any Irrevocable Power of Attorney from its clients in connection with investments in the schemes of Axis Mutual Fund and that the liability of Distributor / Advisor shall not be limited and depend upon his failure to discharge his obligations.
An Irrevocable Power of Attorney (IPA) is the most common means of undertaking a land transaction in the West Bank.
A notarized Secretary’s Certificate substantially in the form prescribed by the Bidder setting forth resolutions of the tendering shareholder’s Board of Directors authorizing the tender and sale of the Company's shares and designating the signatories for the purpose.2. For shareholders acting through an attorney-in-fact, a duly notarized Irrevocable Power of Attorney substantially in the form prescribed by the Bidder ( N.B. Endorsement of stock certificate/s must be made by the shareholder himself).
If the Proposer is a joint venture or partnership, it shall submit with its Proposal a duly notarized Venturer or Partner-executed Irrevocable Power of Attorney that designates the Proposer's Authorized Representative and a copy of the properly executed Joint Venture or Partnership Agreement.
The Irrevocable Power of Attorney and the Joint Venture or Partnership Agreement shall specifically state that each venturer or partner shall be jointly and severally liable for any and all of the duties and obligations of the Proposer that are assumed under any contract arising from the Proposal.