Define: Authorized Person
Authorized Person means an individual given definitive authority to act or give instructions on an organization's behalf.
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Authorized Person means an individual given definitive authority to act or give instructions on an organization's behalf.
Relevant Circumstances
- When an individual is empowered to act or sign on an organisation's behalf
- If specific delegations of authority must be documented
- Where revocation of authority needs formal notice to counterparties