Authorized Sample Clauses
The 'Authorized' clause defines who has the legal power or permission to act on behalf of a party within the context of the agreement. Typically, it specifies which individuals or representatives are permitted to make decisions, sign documents, or take actions that bind the party contractually. For example, it may state that only officers of a company or designated agents can execute amendments or provide official notices. This clause ensures that only duly empowered persons can commit the party, thereby preventing unauthorized actions and reducing the risk of disputes over authority.
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Authorized. The Adviser or the Trust has authorized such disclosure;
Authorized. There shall be a sufficient number of authorized but unissued and otherwise unreserved Common Shares for the issuance of all of the Shares issuable pursuant to such Advance Notice.
Authorized. The Adviser, the Trust or the Subadviser has authorized such disclosure pursuant to the express written consent of the affected party;
Authorized. All of the Shares issuable pursuant to the applicable Advance Notice shall have been duly authorized by all necessary corporate action of the Company. All Shares relating to all prior Advance Notices required to have been received by the Investor under this Agreement shall have been delivered to the Investor in accordance with this Agreement.
Authorized. 1 million of shares of Series J Senior Convertible Preferred Stock (the “Preferred Stock”), convertible into shares of the Company’s common stock (the “Common Stock”).
Authorized. This Agreement has been duly and validly authorized by all necessary action on the part of all parties hereto.
Authorized. Representative The Parties each represent and warrant that the individual signing of this Agreement on their respective behalves are authorized to do so and that the Agreement, upon such execution, will be a valid and binding obligation of each Party and enforceable against it.
Authorized. The Adviser, the Trust, or the Subadviser has authorized such disclosure or such disclosure is made to an affiliate or agent of the parties, provided that (i) such affiliate or agent has a “need to know” for the furtherance of the obligations under this Agreement and (ii) such affiliate or agent agrees to be bound by the Confidentiality provisions of this Section 15;
Authorized. The Subadviser, Adviser or the Fund has authorized such disclosure;
Authorized. OWNER warrants that OWNER is the sole OWNER of the Property or has authority to execute this Agreement on behalf of any co-OWNER and that the Property is not subject to legal proceedings for foreclosure. Any OWNER shall have the authority to take action and enter into further agreements with AGENT on behalf of all other CO-Owners.