APPOINTMENT AND AUTHORITY OF THE AGENT Sample Clauses
The "Appointment and Authority of the Agent" clause formally designates a specific individual or entity to act on behalf of another party, typically in a contractual or business context. This clause outlines the scope of the agent's powers, such as negotiating agreements, making decisions, or executing documents, and may specify any limitations or conditions on that authority. By clearly defining who the agent is and what they are authorized to do, this clause ensures that third parties can rely on the agent's actions as binding on the principal, thereby reducing confusion and potential disputes over representation.
APPOINTMENT AND AUTHORITY OF THE AGENT. 2.1 The Name hereby appoints the Agent, and the Agent ▇▇▇▇▇▇ agrees, to provide the services and perform the duties set out in this Agreement in respect of the Business and the Name’s affairs at Lloyd’s.
2.2 The Name hereby authorises the Agent on behalf of the Name:
(a) to allocate the whole or part of the Name’s overall premium limit in such amounts as the Name and the Agent shall from time to time agree among those syndicates in which the Name and the Agent shall agree from time to time that the Name is to participate;
APPOINTMENT AND AUTHORITY OF THE AGENT. 1.1 The Owner hereby appoints the Agent as the exclusive managing and leasing agent for the above described property (the “Premises”), and hereby authorizes the Agent to exercise such powers with respect to the Premises as may be necessary for the performance of the Agent’s obligations under Article II, and the Agent accepts such appointment on the terms and conditions hereinafter set forth for a term as provided in Article VII. Agent shall have no right or authority, expressed or implied, to commit or otherwise obligate Owner in any manner whatsoever except to the extent specifically provided in this Agreement. Not later than forty-five (45) days prior to the effective date of this Agreement, Owner shall deliver to Agent such information, documents and certificates regarding the Premises as Agent shall reasonably request, including, but not limited to the following:
(a) A current and complete rent roll.
(b) The current operating budget and capital budget for the past and current calendar year.
(c) Income cash flow report and variances from budget for prior and current calendar year.
(d) A current list of all employees, titles, salaries/wages employed on site at the Premises.
(e) A current list of brokers actively engaged in leasing the Premises.
(f) Copies of all existing lease documents.
(g) All leases currently in dispute or litigation.
(h) All files on any litigation and/or disputes regarding any and all matters, including, but not limited to: parts, equipment, furnishings, real property, easements, taxes, third party contracts, employer-employee relations, and the like.
(i) Legal descriptions of the Premises. .
(j) Mortgagees’ names and addresses; lien holders, and the like.
(k) Site plans and specs.
(l) An inventory of Owner’s personal property on Premises, all tools, equipment and supplies.
(m) List of vendors.
(n) All pertinent books and records relating to the management, operation and leasing of the Premises.
(o) Third party contracts in force.
(p) List of security deposits held, on a tenant by tenant basis. Not later than the effective date of this agreement, Owner shall wire transfer to the Bank Account (hereafter defined) sufficient working capital to enable Agent to operate and maintain the Premises during the first thirty (30) days. Within thirty (30) days after the effective date of this Agreement, Owner shall deliver to Agent original executed copies of all existing leases and operating agreements in effect with respect to the Premises. If...
APPOINTMENT AND AUTHORITY OF THE AGENT. The Agent's authority under this Agreement shall extend only to the states specifically authorized by the Company and in which the Agent has the appropriate licenses to transact such business with the Company. The Company hereby appoints the Agent as the Company's non-exclusive agent and the Agent acknowledges the Company may appoint other agents to represent the Company or any of its affiliated companies. The Company hereby appoints and provides limited authority to the Agent to solicit and secure applications for the Company and: [X] the Agent is granted binding authority, pursuant to the Company's underwriting guidelines, policies, bulletins, or other documents, which the Company may amend from time to time. The Agent shall have no authority, nor shall Agent represent itself as having any authority, other than as specifically provided for in this Agreement.
APPOINTMENT AND AUTHORITY OF THE AGENT. 1.1 The Owner hereby appoints the Agent as the exclusive managing and leasing agent for the above described property excluding the hotel portion thereof (the "Premises"), and hereby authorizes the Agent to exercise such powers with respect to the Premises as may be necessary for the performance of the Agent's obligations under Article II, and the Agent accepts such appointment on the terms and conditions hereinafter set forth for a term as provided in Article VII. Agent shall have no right or authority, expressed or implied, to commit or otherwise obligate Owner in any manner whatsoever except to the extent specifically provided in this Agreement.
APPOINTMENT AND AUTHORITY OF THE AGENT. The Agent's authority under this Agreement shall extend only to the states specifically authorized by the Company and in which the Agent has the required license to transact business with the Company. The Company hereby appoints and provides limited authority to the Agent to solicit and secure applications for the Company, and the Agent has no underwriting or binding authority. The Agent shall have no authority, nor shall the Agent represent itself as having any authority, other than as specifically provided for in this Agreement.
APPOINTMENT AND AUTHORITY OF THE AGENT. Each of the Lenders hereby irrevocably appoints the Agent as its mandatary to act on its behalf as the agent under the Security Documents and authorizes the Agent to take such actions on its behalf and to exercise such powers as are delegated to the Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article are solely for the benefit of the Agent and the Lenders, and the Borrower shall have no rights as a third party beneficiary of any of such provisions.
APPOINTMENT AND AUTHORITY OF THE AGENT. 4.1 The Principal hereby appoints the Agent to be the non-exclusive agent of the Principal for marketing and promoting the sale of the Exaget Offering in the Territory and for soliciting from customers within the Territory and passing on to the Principal requests for quotations or orders for the Exaget Offering or any part thereof. Agent hereby accepts such appointment and agrees not to use a third party to perform its obligations pursuant to this Agreement without the prior written consent of Principal. It is expressly agreed that the Agent has no authority to enter into agreements or make any commitments on the Principal’s behalf.
4.2 In connection with this appointment and this Agreement, the Principal shall also offer to the Agent, pursuant to separate SDK License Terms for Developer Agents, a license to use and make copies of a software development kit and/or related application libraries of Principal for the purposes of developing application programs designed to function with the Principal's online platform service for internet radio ad placement, the promotion of such application programs to prospective broadcaster customers of Principal, and the delivery of such application programs to broadcaster customers of Principal, as further defined and set out in said separate SDK License Terms.
APPOINTMENT AND AUTHORITY OF THE AGENT. The Operator appoints the Agent to be its non-exclusive agent for an ATOL holder for the purpose of and in accordance with regulation 12 of ATOL Regulations in respect of those ATOL Protected Products which the Operator authorises the Agent to offer for sale and sell within the United Kingdom to Consumers.
APPOINTMENT AND AUTHORITY OF THE AGENT. Each Lender hereby appoints National City Bank to serve as the Agent for such Person under this Agreement and the other Loan Documents, and hereby irrevocably authorizes such Person, as the Agent, to take such actions on its behalf under this Agreement and the other Loan Documents and to exercise such powers and to perform such duties hereunder and thereunder as are expressly delegated to the Agent by the terms hereof or thereof, together with such other powers as are reasonably incidental thereto. The Lenders hereby authorize the Agent to execute and deliver the Security Agreement, the Custodian Agreement and the Lockbox Agreement as Agent and agree to be bound by the terms and conditions thereof.
APPOINTMENT AND AUTHORITY OF THE AGENT. Each Lender hereby appoints NatWest Bank N.A. to serve as the Agent for such Person under this Agreement and the Security Documents, and hereby irrevocably authorizes such Person, as Agent, to take such action on its behalf under this Agreement and the Security Documents and to exercise such powers and to perform such duties hereunder and thereunder as are specifically delegated to or required of the Agent by the terms hereof or thereof, together with such other powers as are reasonably incidental thereto, including, without limitation, the right to release Collateral in accordance with Section 2.6(b) hereof.