limited authority definition
limited authority means a limited authority granted under section 17D or extended under section 17H.
limited authority. The Customs Broker’s sole authority as the agent of the ABL Collateral Agent and the Term Loan Collateral Agent is to receive and maintain possession of the Title Documents and Property on behalf of the ABL Collateral Agent and the Term Loan Collateral Agent and to follow the instructions of the ABL Collateral Agent and the Term Loan Collateral Agent as provided herein. Except as may be specifically authorized and instructed in writing by the ABL Collateral Agent or the Term Loan Collateral Agent, as applicable, the Customs Broker shall have no authority as the agent of the ABL Collateral Agent or the Term Loan Collateral Agent, as applicable, to undertake any other action or to enter into any other commitments on behalf of the ABL Collateral Agent or the Term Loan Collateral Agent, as applicable.
limited authority means a limited authority to teach granted under section 56;