Persons Authorized Clause Samples
The "Persons Authorized" clause defines which individuals or entities are permitted to act on behalf of a party under the agreement. Typically, it specifies roles, names, or titles of those who can make decisions, give instructions, or access certain information related to the contract. This clause ensures that only designated representatives have authority, thereby reducing the risk of unauthorized actions and providing clarity about who can legally bind the parties.
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Persons Authorized. Lender is hereby authorized by Borrower to make ------------------ Advances only upon the written requests (including requests made by telex, telegraph or facsimile), of any one of the following persons (the "Responsible Officers" and each a "Responsible Officer"): ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇; each of whom is and shall be authorized to request Advances and direct the disposition of any Advance until written notice by Borrower of the revocation of such authority is received by Lender. Any Advance shall be conclusively presumed to have been made to or for the benefit of Borrower when made in accordance with such a request. Requests for Advances shall be on the Borrowing Notice form attached hereto as Exhibit B. Any such Borrowing Notice shall be directed to the following Lender representative (or such other person as Lender may direct from time to time) for approval prior to disbursement: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇.
Persons Authorized. Seller hereby authorizes the following named persons to execute continuing Schedule "A's" and Schedule "B's" and assign thereby to the Purchaser the accounts of Seller contained therein and to accept and receive monies advanced thereon by Purchaser: NAME TITLE George Lovato, Jr. President Sarah ▇▇▇▇▇▇▇ Assistant to the ▇▇▇▇▇▇▇▇ ▇▇rnadette Strader Administrative A▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇r may, at its option, require such persons to execute and deliver to Purchaser signature cards or the like for the purpose of authenticating the identity of the above-named persons.
Persons Authorized. This special power of attorney may be exercised ------------------ on behalf of Company by any officer of Company by affixing the manual or facsimile signature of any such officer of Company to any such instrument or other document.
Persons Authorized. 3 1.6.3 Scope................................................ 3 2.1