Without Express Authority Sample Clauses
The "Without Express Authority" clause defines the limitations on an agent's ability to act on behalf of a principal without explicit permission. In practice, this clause clarifies that any actions taken by the agent that are not specifically authorized by the principal are not binding on the principal. For example, if an agent enters into a contract or makes commitments outside the scope of their granted authority, the principal is not legally obligated to honor those actions. This clause serves to protect the principal from unintended obligations and ensures that only expressly authorized actions are enforceable, thereby reducing the risk of unauthorized commitments.
Without Express Authority. The Custodian may, in its discretion and without express authority from Norwest Bank:
(a) endorse for collection, in the name of Norwest Bank, checks, drafts and other negotiable instruments; and
(b) in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the Additional Collateral of Norwest Bank except as otherwise provided by proper instructions.
Without Express Authority. The Custodian may, in its discretion and without express authority from the Purchaser:
(a) endorse for collection, in the name of the Purchaser, checks, drafts and other negotiable instruments; and
(b) in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the Additional Collateral of the Purchaser except as otherwise provided by proper instructions.
Without Express Authority. The Custodian may, in its discretion and without express authority from Wells Fargo:
(a) endorse for collection, in the nam▇ ▇▇ Wells Fargo, checks, drafts and other negotiable instruments; ▇▇▇
(b) in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the Additional Collateral of Wells Fargo except as otherwise provided by proper instructio▇▇.
Without Express Authority. The Custodian may, in its discretion and without express authority from ▇▇▇▇▇ Fargo:
(a) endorse for collection, in the name of ▇▇▇▇▇ Fargo, checks, drafts and other negotiable instruments; and
(b) in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the Additional Collateral of ▇▇▇▇▇ Fargo except as otherwise provided by proper instructions.
Without Express Authority. The Custodian may, in its discretion and without express authority from Bankers Trust:
(a) endorse for collection, in the name of Bankers Trust, checks, drafts and other negotiable instruments; and
(b) in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the Additional Collateral of Bankers Trust except as otherwise provided by proper instructions.
Without Express Authority. The Custodian may, in its discretion and without express authority from Well▇ ▇▇▇go:
(a) endorse for collection, in the name of Well▇ ▇▇▇go, checks, drafts and other negotiable instruments; and
(b) in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the Additional Collateral of Well▇ ▇▇▇go except as otherwise provided by proper instructions.