The 3rd Party Authorization Letter is commonly used in Singapore when an individual or organization needs to delegate specific powers or responsibilities to another party. This document, governed by Singapore law, provides a formal mechanism for authorizing actions ranging from simple administrative tasks to complex financial transactions. The authorization letter must clearly outline the scope of authority, duration, and any limitations to protect both parties' interests. It's particularly important in situations where direct action by the principal party is not possible or practical. The document typically includes detailed identification of both parties, specific powers granted, duration of authority, and may require witness signatures depending on the nature of authorization.
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1. Date and Parties: Current date and full identification details of both the authorizing and authorized parties including names, identification numbers, and contact information
2. Purpose of Authorization: Clear statement of the purpose and context for granting the authorization
3. Scope of Authority: Detailed description of specific powers being granted and any limitations or restrictions
4. Duration: Time period for which the authorization is valid, including start and end dates if applicable
5. Execution: Signature blocks for both parties, including space for witnesses if required
1. Revocation Clause: Terms and conditions under which the authorization can be cancelled or terminated, typically included for long-term authorizations
2. Indemnification: Clauses protecting the authorized party from liability when acting within the scope of authorization
3. Governing Law: Specification of Singapore law as the governing law, particularly important for cross-border authorizations
4. Witness Requirements: Additional section for witness details and signatures when required for high-value or sensitive authorizations
1. Schedule A - Identity Documents: Copies of identification documents of both the authorizing and authorized parties
2. Schedule B - Specific Instructions: Detailed list of specific authorized actions and any special instructions
3. Schedule C - Corporate Authorization: If applicable, corporate resolution or other documentation proving authority to delegate powers
Relevant legal definitions
Authorizing Party
Authorized Party
Authorization Period
Authorized Actions
Effective Date
Termination Date
Authorized Powers
Scope of Authority
Witness
Identification Documents
Governing Law
Principal
Agent
Force Majeure
Confidential Information
Business Day
Territory
Permitted Purpose
Revocation Notice
Written Notice
Authorized Party
Authorization Period
Authorized Actions
Effective Date
Termination Date
Authorized Powers
Scope of Authority
Witness
Identification Documents
Governing Law
Principal
Agent
Force Majeure
Confidential Information
Business Day
Territory
Permitted Purpose
Revocation Notice
Written Notice
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
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