In his capacity Sample Clauses
The "In his capacity" clause defines the specific role or authority under which an individual is acting within an agreement or legal document. This clause clarifies whether a person is acting as an individual, a representative of a company, a trustee, or in another official capacity. For example, it may specify that a signatory is binding a corporation rather than themselves personally. Its core practical function is to ensure that legal responsibilities and obligations are correctly attributed, preventing confusion or disputes about personal versus representative liability.
In his capacity as a Company director and CEO, ▇▇▇▇ ▇▇▇▇▇▇▇▇ undertakes to execute his CEO management duties for the Company in a manner consistent with the Ordinary Course (as defined in the SPA) and with the guidelines and instructions approved in the Company’s Board of Directors; in particular, ▇▇▇▇ ▇▇▇▇▇▇▇▇ shall orient his management or commercial practices not only to increase revenues but also to maintain gross margins consistent with historical results, except if otherwise is subject to and approved by a Board of Directors resolution.