Common use of General Agent’s Authority Clause in Contracts

General Agent’s Authority. Th e Ge n e ra l Age n t s ar e h e r eb y dele- g a t ed au t h o r i t y t o un de r t a k e fo r t h e a cco un t of t h e N a t io na l Sh ippi n g A u- t h o r i t y o n l y s u c h e m e r ge n c y r ep a i r s o u t side t h e Co n t i n e n t a l U n i t ed S t a t es a s m ay be n ecess ary t o e na ble vessels t o co m ple t e t h ▇▇ ▇ ▇▇ ya ges, p r ovided t h e r ep a i r cos t s ar e n o t i n excess of $5,000 pe r vessel.

Appears in 2 contracts

Sources: Agency Agreement, Agency Agreement