Common use of Authority and Mandate Clause in Contracts

Authority and Mandate. Solar Cell Owner hereby nominates, mandates and appoints Sun-Ex as its representative with full power of attorney and authority to procure such number of Solar Cells secured by the Solar Cell Owner during a Crowdsale, to enter into the Project Lease, and to do all such things necessary to implement the Project Lease and give effect to the terms thereof as well as the terms of this Cell Owner Agreement. Without detracting from the generality of the aforegoing, Sun-Ex shall irrevocably be authorised to perform all such acts and take all such steps as contemplated by this Cell Owner Agreement on behalf of the Solar Cell Owner. The Solar Cells and related rights and assets constituting the Solar Cells shall automatically become subject to this Cell Owner Agreement upon the Crowdsale End.

Appears in 4 contracts

Samples: Investor Services Agreement (Energea Portfolio 3 Africa LLC), Owner Agreement (Energea Portfolio 3 Africa LLC), Investor Services Agreement (Energea Portfolio 3 Africa LLC)

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