What is a Letter of Authorization?
A letter of authorization is a document that grants permission for someone else to act on your behalf in a specific. This could include authorizing someone to make decisions, sign documents, or access information on your behalf.
The letter typically includes the name of the person being authorized, the specific actions they are allowed to take and any limitations or conditions that apply. It may also include the duration of the authorization, such as a one-time permission for a specific task or an ongoing authorization for a longer period of time.
Letters of authorization are commonly used in a variety of situations, such as allowing a family member to pick up a package on your behalf, granting a friend permission to access your bank account while you are out of town, or authorizing a lawyer to represent you in a legal matter.
It is important to carefully consider who you are authorizing and the scope of their authority before issuing a letter of authorization. It is also advisable to keep a copy of the letter for your records and to ensure that the person being authorized understands their responsibilities and. Additionally obligations, some organizations may require the letter to be not to verify itsarized authenticity.
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CONTRACT FOR SALE AND PURCHASE
[Name], referred to as the SELLER, and [name],referred to as the BUYER, agree:
SELLER controls and operates a computer telecommunications service operating under the name [name]. This computertelecommunications service shall be referred to herein as the"[name]."
Seller shall sell to buyer, the [name] system, and all assets used and useful in the business, as described in the attached exhibit "1."
SELLER further sells to BUYER the accounts receivable described on the attached exhibit "2." SELLER does not guarantee collection of the sums, however, SELLER guarantees that the same are legally enforceable debts and that sufficient documentation .
The physical assets described are provided "AS IS." In the event that there are any warranties or guarantees provided by the manufacturer or seller of the product, and the same may be transferred, such warranties or guarantees shall be the sole guarantee or warranty. The BUYER has sufficient expertise in the area of computers and computer software to be classified as a "merchant" in regard to the equipment sold herein, and has been given a sufficient opportunity to examine and test the same.
SELLER warrants that it has good and marketable title to the assets to be conveyed herein and will defend BUYER and BUYER"sassigns from all adverse claims to the property.
The total purchase price shall be $ 20,000.00 ( twenty thousand &no/100 dollars), allocated as follows:
a) Trade name, goodwill:
b) Equipment:
c) Software:
This transaction shall be closed no later than May 1, 1995, withtime being of the essence.
Between the date of execution of this agreement and the closing of the transaction, the business operations of the BBS shall be continued in its normal and usual course of business. All tangible property to be transferred hereunder shall be kept in good repair, ordinary wear and tear excepted. In the event of the theft or other destruction or damage to the property which is in excess of 5% of the total value of the property, then the buyer shall have the option to either:
a) ratify the transaction and receive an assignment of collectible insurance proceeds in lieu of any and all other damages herein;
b) repudiate the transaction and receive a return of any deposits made hereunder.
BUYER has with the execution of this agreement deposited $2,000.00 ( two thousand & no/100 dollars) with SELLER. Theremaining balance due shall be paid in full, in good funds, atclosing.
The parties have not utilized the services of any finder or broker and in the event that any broker or finder takes legal action to collect a commission or other compensation due to a claimed right to such compensation, the party, if any, finally adjudged to have engaged the services of the broker or finder shall indemnify the other party from all claims and damages proximately caused by the transaction with the broker or finder. This is the entire agreement between the two parties and this agreement may only be revised by a writing executed by both parties.
Dated: ______________
______________________________________________ [Name]
______________________________________________ [Name]