Authorized Person definition: Copy, customize, and use instantly
Introduction
The term "Authorized Person" refers to an individual or entity that has been granted specific rights or permissions to act on behalf of another party, typically within the scope of a contract, agreement, or legal matter. This term is important for clearly defining who can take certain actions or make decisions on behalf of another, ensuring that there is no ambiguity regarding the authority granted.
Below are various examples of how "Authorized Person" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Authorized Person" for general authority
This definition ties "Authorized Person" to general authority.
"Authorized Person" means any individual or entity designated by the party to act on its behalf, with the authority to make decisions, execute documents, and take actions as specified in this agreement.
Definition of "Authorized Person" for legal matters
This definition connects "Authorized Person" to legal matters.
"Authorized Person" refers to a person who has been granted the legal authority to act on behalf of a party, including the power to sign contracts, initiate lawsuits, and make binding decisions.
Definition of "Authorized Person" for financial transactions
This definition links "Authorized Person" to financial transactions.
"Authorized Person" means an individual or entity that has been granted authority to execute financial transactions on behalf of a party, including payments, transfers, and withdrawals.
Definition of "Authorized Person" for corporate governance
This definition applies "Authorized Person" to corporate governance.
"Authorized Person" refers to an individual or officer within a company who has been designated to make decisions and sign documents on behalf of the corporation in matters of governance.
Definition of "Authorized Person" for account management
This definition ties "Authorized Person" to account management.
"Authorized Person" means a person who has been granted access to and control over a specified account, with the authority to manage, withdraw, or deposit funds.
Definition of "Authorized Person" for real estate transactions
This definition connects "Authorized Person" to real estate transactions.
"Authorized Person" refers to an individual granted authority to sign documents, execute deeds, and perform other actions related to the purchase, sale, or lease of real estate.
Definition of "Authorized Person" for government filings
This definition links "Authorized Person" to government filings.
"Authorized Person" means any individual who has the authority to file documents, submit reports, and make necessary filings with governmental bodies on behalf of a party.
Definition of "Authorized Person" for contracting
This definition applies "Authorized Person" to contracting.
"Authorized Person" refers to an individual or representative who has been granted the authority to enter into and execute contracts, agreements, and other legal documents.
Definition of "Authorized Person" for marketing materials
This definition connects "Authorized Person" to marketing materials.
"Authorized Person" means an individual designated to approve, distribute, and manage marketing materials, including advertisements, promotional content, and brand guidelines.
Definition of "Authorized Person" for employee management
This definition links "Authorized Person" to employee management.
"Authorized Person" refers to an individual empowered to manage employee-related activities, such as hiring, firing, and approving compensation or benefits.
Definition of "Authorized Person" for supplier negotiations
This definition ties "Authorized Person" to supplier negotiations.
"Authorized Person" means a person who is empowered to engage in negotiations with suppliers, execute supplier contracts, and finalize terms for the purchase of goods or services.
Definition of "Authorized Person" for legal documents
This definition connects "Authorized Person" to legal documents.
"Authorized Person" refers to an individual who has the power to sign, execute, and deliver legal documents, including contracts, wills, and powers of attorney, on behalf of another party.
Definition of "Authorized Person" for transaction approval
This definition links "Authorized Person" to transaction approval.
"Authorized Person" means a person with the authority to review and approve specific transactions, such as financial exchanges, purchase orders, or contract terms.
Definition of "Authorized Person" for access control
This definition applies "Authorized Person" to access control.
"Authorized Person" refers to any individual granted access to secure or restricted areas, systems, or data, based on their role or specific permission.
Definition of "Authorized Person" for IT management
This definition ties "Authorized Person" to IT management.
"Authorized Person" means an individual who has been granted administrative authority over IT systems, including network access, software installation, and data management.
Definition of "Authorized Person" for communication authority
This definition connects "Authorized Person" to communication authority.
"Authorized Person" refers to an individual who has been given the authority to communicate and make official statements on behalf of a party or organization.
Definition of "Authorized Person" for contract execution
This definition links "Authorized Person" to contract execution.
"Authorized Person" means a person with the explicit authority to sign, execute, and enforce contracts, ensuring the legal obligations of the agreement are met.
Definition of "Authorized Person" for decision-making
This definition applies "Authorized Person" to decision-making.
"Authorized Person" refers to an individual or entity designated to make critical decisions regarding the direction and operations of the party, particularly in matters of strategic importance.
Definition of "Authorized Person" for document approval
This definition ties "Authorized Person" to document approval.
"Authorized Person" means a person granted the authority to review, approve, and authorize the release of documents, including reports, legal forms, and correspondence.
Definition of "Authorized Person" for account opening
This definition connects "Authorized Person" to account opening.
"Authorized Person" refers to an individual with the authority to open, close, or modify accounts on behalf of a party, including bank accounts or business accounts.
Definition of "Authorized Person" for procurement
This definition links "Authorized Person" to procurement.
"Authorized Person" means an individual with the authority to initiate, review, and approve procurement activities, including purchasing goods and services.
Definition of "Authorized Person" for healthcare decisions
This definition applies "Authorized Person" to healthcare decisions.
"Authorized Person" refers to an individual designated to make healthcare decisions for another person in the event of incapacity or legal authority, typically under a medical power of attorney.
Definition of "Authorized Person" for loan disbursement
This definition ties "Authorized Person" to loan disbursement.
"Authorized Person" means a person who has the authority to disburse funds for loans, ensuring compliance with loan agreements and repayment terms.
Definition of "Authorized Person" for corporate actions
This definition connects "Authorized Person" to corporate actions.
"Authorized Person" refers to an individual or officer within a corporation who has the power to take specific corporate actions, such as approving mergers, acquisitions, or shareholder resolutions.
Definition of "Authorized Person" for asset management
This definition links "Authorized Person" to asset management.
"Authorized Person" means an individual granted the authority to manage and oversee the investment, sale, or acquisition of assets on behalf of a party.
Definition of "Authorized Person" for signature authority
This definition applies "Authorized Person" to signature authority.
"Authorized Person" refers to any individual granted the specific authority to sign on behalf of an organization, including contracts, checks, or other legally binding documents.
Definition of "Authorized Person" for regulatory compliance
This definition ties "Authorized Person" to regulatory compliance.
"Authorized Person" means an individual with the authority to ensure compliance with regulations, including environmental laws, safety standards, and industry-specific requirements.
Definition of "Authorized Person" for tax filings
This definition connects "Authorized Person" to tax filings.
"Authorized Person" refers to an individual designated to submit tax documents, manage tax records, and ensure compliance with tax laws on behalf of a party.
Definition of "Authorized Person" for dispute resolution
This definition links "Authorized Person" to dispute resolution.
"Authorized Person" means a person who has the authority to represent a party in arbitration, mediation, or other forms of dispute resolution, ensuring that their interests are legally protected.
Definition of "Authorized Person" for banking transactions
This definition applies "Authorized Person" to banking transactions.
"Authorized Person" refers to an individual who has the authority to conduct banking transactions on behalf of an account holder, such as making deposits, withdrawals, or transfers.
Definition of "Authorized Person" for personal representation
This definition ties "Authorized Person" to personal representation.
"Authorized Person" means an individual designated to act as a representative for personal matters, including legal decisions, financial management, and healthcare needs.
Definition of "Authorized Person" for compliance auditing
This definition connects "Authorized Person" to compliance auditing.
"Authorized Person" refers to an individual authorized to conduct compliance audits, ensuring that the operations of a party adhere to relevant laws, regulations, and internal policies.
Definition of "Authorized Person" for insurance claims
This definition links "Authorized Person" to insurance claims.
"Authorized Person" means an individual who has been granted the authority to file, manage, and settle insurance claims on behalf of a policyholder.
Definition of "Authorized Person" for business registration
This definition applies "Authorized Person" to business registration.
"Authorized Person" refers to an individual authorized to complete and submit business registration documents with the appropriate governmental bodies, including forming legal entities.
Definition of "Authorized Person" for project management
This definition ties "Authorized Person" to project management.
"Authorized Person" means an individual with the authority to oversee and manage projects, ensuring that tasks are completed in accordance with timelines, budgets, and quality standards.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.