Designating Agents Clause Samples
Designating Agents. A manufacturer of- fering a motor vehicle or motor vehicle equip- ment for import shall designate an agent on whom service of notices and process in adminis- trative and judicial proceedings may be made. The designation shall be in writing and filed with the Secretary of Transportation. The des- ignation may be changed in the same way as originally made.
Designating Agents. Any Owner of the Account may designate Authorized Persons to act on the behalf of all Owners of the Account concerning the Account. If your Account is a joint Account, each Joint Owner may designate Authorized Persons to act on the behalf of all Joint Owners concerning the Account. If you designate an Authorized Person:
1) We may require you to sign forms we approve or provide us with other legal documents acceptable to us for this designation to be effective.
2) We are not responsible for monitoring the actions of any Authorized Person or making sure the acts of any Authorized Person are for your benefit.
3) The powers you give an Authorized Person and any limitations on these powers are between you and this Authorized Person, even if we have express written notice of those powers. Unless otherwise provided by applicable law, all Owners of your Account will be liable for all actions of an Authorized Person concerning your Account, regardless of whether these actions exceeded the authority given to the Authorized Person or whether the Authorized Person is not approved by all Owners.
4) On any transactions involving the Account, we may rely on the instructions of any Authorized Person and you agree not to hold us responsible for any loss or damage you incur as a result of us following the instructions given to us by any Authorized Person.