Glossary entry

English term or phrase:

subject to the signing power

German translation:

vorbehaltlich einer Zeichnungsvollmacht

Added to glossary by Alexandra Becker
Mar 22, 2006 16:00
18 yrs ago
English term

subject to the signing power

English to German Law/Patents Law (general)
The Attorney designated is authorized, without power of substitution, to perform, under the Client's responsibility, the acts that the Client himself could perform **subject to the signing power** in particular to request the withdrawal of funds and assets, to request to pledge them as a security, to give instructions to purchase or sell securities without any restriction.

Bezieht sich das auf den Kunden?

Proposed translations

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vorbehaltlich einer Zeichnungsvollmacht

Offensichtlich, den eingangs wird der attorney ja bereits authorized. Es dürfte sich also um die Zeichnungsberechtigung handeln, die der Mandant (nicht der Kunde - der Anwalt hat ja ein Mandat und verkauft nichts) seinerseits besitzt, zB bei Banken
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