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Certification Of Authorization By Principal
"I need a Certification Of Authorization By Principal to authorize my CFO to execute all financial transactions and banking matters on behalf of my technology company, effective from January 15, 2025, with the authority to delegate specific powers to other senior financial officers."
1. Principal Identification: Full legal name and details of the principal granting authorization
2. Agent Identification: Full legal name and details of the authorized agent
3. Scope of Authority: Detailed description of powers being granted to the agent
4. Duration of Authority: Time period for which the authorization is valid
5. Certification Statement: Formal statement certifying the grant of authority
1. Revocation Provisions: Terms for revoking the authorization, used when authority may need to be terminated
2. Successor Agent: Designation of backup agent in case primary agent becomes unavailable
3. Specific Transaction Details: Details of specific transactions being authorized when authorization is for specific transactions only
1. Schedule A - Specimen Signatures: Contains authenticated signatures of principal and agent
2. Schedule B - Supporting Documentation: Copies of identification documents or corporate resolutions
3. Schedule C - Specific Powers: Detailed list of specific powers being granted, if applicable
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