Association as Agent Sample Clauses
The 'Association as Agent' clause designates the association as the authorized representative or agent for its members in specific matters outlined in the agreement. This means the association can act on behalf of its members, such as negotiating contracts, making collective decisions, or managing shared resources. By centralizing authority in the association, this clause streamlines decision-making and ensures consistent representation, solving the problem of fragmented or conflicting actions by individual members.
Association as Agent. The Association is hereby irrevocably appointed as agent and attorney-in-fact for each Unit Owner and for each owner of a mortgage or other lien upon a Unit and for each owner of any other interest in the Condominium Property to adjust all claims arising under insurance policies purchased by the Association and to execute and deliver releases upon the payment of claims.
Association as Agent. The Participating Employer irrevocably designates the Association as its agent as set forth in Article 13 of the Plan addressing Participating Employers for all purposes of the Plan, and authorizes the Association, on behalf of the Participating Employer, to perform the specific act or acts and to exercise the specific powers granted under the Plan. The Association or its designee has authority to make any and all necessary rules or regulations, binding upon the Participating Employer and its Employees and Officials and their Beneficiaries, to effectuate the purpose of the Plan.