Proper Authorization Sample Clauses

Proper Authorization. The execution, delivery and performance of this Agreement have been duly authorized by all necessary corporate action and do not and will not (i) require any consent or approval of its stockholders, (ii) violate any provision of any law, rule, regulation, order, writ, judgment, in- junction, decree, determination or award presently in effect having applicability to it or any provision of its charter or by-laws, or (iii) result in a breach of or constitute a default under any material agreement, mortgage, lease, license, permit or other instrument or obligation to which it is a party or by which it or its properties may be bound or affected.
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Proper Authorization. The execution, delivery, and performance of this Agreement and the consummation of the transactions contemplated by this Agreement have been duly authorized by the requisite corporate action on the part of such Party. Table of Contents FINAL
Proper Authorization. Any person signing this Agreement on behalf of another person, entity, association, or corporation represents and warrants that such person has full power and authority to do so and to bind the person, entity, association or corporation on whose behalf this Agreement is executed.
Proper Authorization. You and any other Originator for whom you initiate ACH transactions shall obtain authorizations for all entries in accordance with NACHA Rules and all applicable state and federal law, and we may take recourse against any party involved in the processing of the transaction who fails to obtain proper authorization. The origination of ACH transactions by you must comply with state and federal law. The following table shows the proper SEC Codes to use depending on how you obtained the authorization to debit/credit an individual or company’s account SEC Code Credit Authorization Method PPD Credit Document signed by individual or similarly authenticated CCD Credit Document signed or verbal agreement by Company
Proper Authorization. Each party represents and warrants that all corporate actions and all governmental approvals necessary for the authorization, execution, delivery and performance of this Agreement have been taken and that each is ready and capable to perform its obligations. Each party further warrants that the person signing this Agreement is authorized to do so on behalf of its principal and is empowered to bind the principal to this Agreement.
Proper Authorization. Xxxxxx X. Xxxx is duly authorized to execute, deliver and perform this Agreement on behalf of the Estate. The execution, delivery and performance of this Agreement do not require the prior consent of any governmental authority, person or entity, except for any necessary consents that have been obtained. The execution, delivery, and performance of this Agreement and the consummation of the transactions contemplated by this Agreement do not: (i) violate or result in a breach of or default or acceleration under any organizational documents of the Estate, or any instrument or agreement to which the Estate is a party or is bound; (ii) violate any judgment, order, injunction, decree or award against or binding upon the Estate; or (iii) violate any law or regulation of any jurisdiction relating to the Estate.
Proper Authorization. That execution of this Agreement and its performance are within its authorized powers.
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Proper Authorization. Each of BioChem and OSI represents and warrants that the execution, delivery and performance of this Agreement have been duly authorized by all necessary corporate action and do not and will not (a) require any consent or approval of each Party's stockholders, (b) violate any provision of any law, rule, regulation, order, writ, judgment, injunction, decree, determination or award presently in effect having applicability to each Party or any provision of its charter or by-laws or (c) result in a breach of or constitute a default under any material agreement, mortgage, lease, license, permit or other instrument or
Proper Authorization. If Lessee is an entity other than a natural person, each individual executing this Lease on behalf of said entity represents and warrants that he or she is duly authorized to execute and deliver this Lease on behalf of said entity in accordance with a duly adopted resolution of the entity in accordance with the applicable organizational agreement (such as Bylaws or Operating Agreement) of said entity, and that this Lease is binding upon said entity in accordance with its terms. If Lessee is an entity other than a natural person, Lessee shall, prior to or concurrently with the execution of this Lease, deliver to Lessor a certified copy of a resolution of the entity authorizing or ratifying the execution of this Lease.
Proper Authorization. Customer shall not permit or submit any transaction to Bank that is not a valid authorized transaction. Bank is entitled to rely on any signature that purports to be from an Authorized Signer, Authorized Representative, or Delegate, or any transaction originating from any Authorized User or Delegate or any transaction or payment order that utilizes the security procedure agreed to by Customer. The Bank may rely on oral instructions from any person who identifies themselves by a name, included on a written list from Customer of persons authorized to give such instructions. Except as otherwise expressly stated in this Agreement, Bank is not required to act on any instruction from any person or to give notices to any person.
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