Check Signing Sample Clauses
The Check Signing clause designates who within an organization is authorized to sign checks on behalf of the company. Typically, this clause outlines the specific individuals or roles permitted to execute checks, sets monetary thresholds for single or multiple signatures, and may require dual signatures for larger amounts. Its core practical function is to establish clear internal controls over financial disbursements, reducing the risk of unauthorized payments and ensuring accountability in the handling of company funds.
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Check Signing. Require the signature of at least two officers of the Company on any single check equal to or greater than $25,000 or such larger amount as is set by the Company's Board of Directors from time to time.
Check Signing. Any negligence, fraud, malfeasance, or error of any employee of Broker with respect to the use of the checksigning authority granted under paragraph 9.1.8 of this Agreement.
Check Signing. Any negligence, fraud, malfeasance, or error of any employee of Broker with respect to the use of the check-signing authority granted under Paragraph 9.1.6 of this Agreement.
Check Signing. Executive shall be one (1) of five (5) executives granted check signing power, the others being ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇▇; however, it being agreed to that all checks over Ten Thousand Dollars ($10,000.00) have dual signatures, one of them being the Chief Financial Officer of the Company, unless agreed to otherwise.
Check Signing. Any negligence, fraud, malfeasance, or error of any employee of Broker with respect to the use of the check-signing authority granted under Paragraph 9.1.6 of this Agreement. Pg. 19 18.2.1.10 Prior Self-Clearing Arrangements. Any guarantee, indemnification, or hold harmless agreement in connection with Broker’s business or customers that Pershing may provide to the National Securities Clearing Corporation, the Depository Trust Company, or any other clearing, depository, or self-regulatory organization with respect to transactions self-cleared by Broker prior to transfer of such functions to Pershing.
Check Signing. May wish to require Owner’s signature for checks over a certain amount.
Check Signing. Notwithstanding the foregoing, the Consultant shall not, without consultant's prior written consent, be a signatory on any of the Company's bank accounts nor will Consultant be a "responsible party" for purposes of stat and federal payroll taxes.