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PRECEDENTS
1 Appointment and powers We, [insert company name], a company incorporated in [England and Wales OR [insert other country of incorporation]] under number [insert registered number] whose registered office is at [insert registered address] (the Company), Hereby appoint on [insert date] [jointly AND/OR [and] severally][insert name of attorney] of [insert address of attorney] [and [insert name of attorney] of [insert address of attorney] [(or failing either of them [insert name of attorney] of [insert address of attorney]) each] ] to be the Company's true and lawful attorney ([each] an Attorney) with full power, authority and legal right in the name and on behalf of the Company: 1.1 to do and perform any and all acts, matters and/or things and to have the absolute discretion to approve the form and content of and to execute, deliver, seal and sign any and all deeds, agreements, consents, letters or other documents, whether as deeds or otherwise and to grant any authorisations or consents which may be required by the Company in the Company's capacity as shareholder in [insert newco company
PRECEDENTS
1 Appointment and Powers 1.1 I, [insert Manager’s name] of [insert Manager’s address], Hereby appoint on [insert date] [jointly OR severally][insert name of attorney] of [insert address of attorney] [and [insert name of attorney] of [insert address of attorney]] [or failing either of them [insert name of attorney] of [insert address of attorney]] each to be my true and lawful attorney (each an Attorney) with full power, authority and legal right in my name and my behalf: 1.1.1 to do and perform any and all acts, matters and/or things and to have the absolute discretion to approve the form and content of and to execute, deliver, seal and sign any and all deeds, agreements, consents, letters or other documents, whether as deeds or otherwise and to grant any authorisations or consents which may be required by me in my capacity as shareholder in [insert newco company name] under number [insert registered number] whose registered office is at [insert registered address] (Newco) which the Attorney may in their sole and absolute discretion consider necessary or desirable in connection with
PRECEDENTS
1 Appointment and powers We, [insert company name], a company incorporated in [England and Wales OR [insert other country of incorporation]] under number [insert registered number] whose registered office is at [insert registered address] (the Company), Hereby appoint on [insert date] [jointly AND/OR [and] severally] [insert name of attorney] of [insert address of attorney] [and [insert name of attorney] (or failing either of them [insert name of attorney] of [insert address of attorney]) each] to be the Company's true and lawful attorney ([each] an Attorney) with full power, authority and legal right in the name and on behalf of the Company: 1.1 to do and perform any and all acts, matters and/or things and to have the absolute discretion to approve the form and content of and to execute, deliver, seal and sign any and all deeds, agreements, consents, letters or other documents, whether as deeds or otherwise and to grant any authorisations or consents which may be required by the Company which the Attorney may in their sole and absolute discretion consider necessary or desirable in connection
PRECEDENTS
1 Appointment and powers We, [insert company name], a company incorporated in [England and Wales OR [insert other country of incorporation]] under registration number [insert company registration number] whose registered office is at [insert registered address] (the Seller), pursuant to a share purchase agreement (the SPA) dated [insert date] between[, inter alia,] the Seller [insert name] (the Seller) and [insert name of buyer and its registered number] whose registered office is at [insert registered address] (the Buyer) in respect of [insert number and type of shares] (the Shares) legally and beneficially held by the Seller in [insert name of target company and its registered number] whose registered office is at [insert registered address] (the Company), Hereby appoint the Buyer [and each of its directors for the time being, severally, each] to be the Seller's true and lawful attorney ([each an OR the] Attorney) with full power, authority and legal right in the Seller's name and on the Seller's behalf to exercise all voting and other rights attaching to the Shares and do any act
PRECEDENTS
1 Appointment and powers 1.1 I, [insert individual seller’s name], of [insert individual seller’s address] (the Seller) pursuant to a share purchase agreement (the SPA) dated [insert date] between[, inter alia,] the Seller and [insert name of buyer and its registered number] whose registered office is at [insert registered address] (the Buyer) in respect of [insert number and type of shares] (the Shares) legally and beneficially held by the Seller in [insert name of target company and its registered number] whose registered office is at [insert registered address] (the Company), Hereby appoint the Buyer[ and each of its directors for the time being, severally, each] to be the Seller's true and lawful attorney ([each an OR the] Attorney) with full power, authority and legal right in the Seller's name and on the Seller's behalf to exercise all voting and other rights attaching to the Shares and do any act or thing, in the absolute discretion of the Attorney, which the Seller could, as a member of the Company, do including (without limitation): 1.1.1 to receive
PRECEDENTS
1 Appointment and powers We, [insert company name], a company incorporated in [England and Wales OR [insert other country of incorporation]] under number [insert registered number] whose registered office is at [insert registered address] (the Company), Hereby appoint on [insert date] [jointly AND/OR [and] severally][insert name of attorney] of [insert address of attorney] [and [insert name of attorney] of [insert address of attorney] [(or failing either of them [insert name of attorney] of [insert address of attorney]) each] ] to be the Company's true and lawful attorney ([each] an Attorney) with full power, authority and legal right in the name and on behalf of the Company: 1.1 to do and perform any and all acts, matters and/or things and to have the absolute discretion to approve the form and content of and to execute, deliver, seal and sign any and all deeds, agreements, consents, letters or other documents, whether as deeds or otherwise and to grant any authorisations or consents which may be required by the Company in the Company's capacity as shareholder in [insert target
PRECEDENTS
1 Appointment and powers I, [insert seller’s name], of [insert address], Hereby appoint on [insert date] [jointly AND/OR [and] severally] [insert name of attorney] of [insert address of attorney] [and [insert name of attorney] of [insert address of attorney]] [or failing either of them [insert name of attorney] of [insert address of attorney] each] to be my true and lawful attorney (each an Attorney) with full power, authority and legal right in my name and on my behalf: 1.1 to do and perform any and all acts, matters and/or things and to have the absolute discretion to approve the form and content of and to execute, deliver, seal and sign any and all deeds, agreements, consents, letters or other documents, whether as deeds or otherwise and to grant any authorisations or consents which may be required by me in my capacity as shareholder in [insert target company name], a company incorporated in England and Wales under number [insert registered number] whose registered office is at [insert registered address] (the Target), which the Attorney may in
PRECEDENTS
This TRUSTEE Power of Attorney is made on [date] by [trustee] of [address] (the Donor). Background (A) The Donor and [co trustees] are the present trustees of [trust name] (the Trust)
NEWS
Private Client analysis: Mr Justice Williams found that AB lacked capacity and it was in his best interests to be conveyed to hospital for an in-patient stay to allow assessment and treatment. He held that, to implement his best interest decisions, he was able to impose duties on AB’s mother in her role as AB’s Deputy for Personal Welfare. He further held that he was able to rely on the High Court’s inherent jurisdiction to make orders authorising the applicants and third parties to implement his decision, including by allowing them to enter the property without permission to access AB and remove him to hospital. This case considers what tools the Court of Protection has at its disposal to ensure compliance with best interests decisions made on behalf of P and on what basis these tools are available to the Court of Protection. Written by Dr Anton van Dellen and Natasha Niccolls, barristers at Fraser Chambers.
NEWS
Personal Injury analysis: An injury sustained during a power outage at Parc Prison in Bridgend, Wales has thrown light on the subject of a prison operator’s duties where the provision of a safe environment is concerned. Kate Parker of Civitas Law explains a verdict that confirms some elements of the law, while also making clear that the unique circumstances of each case will always be of paramount importance in rulings.
CHECKLISTS
Power purchase agreements (PPAs) and consequently the checklist issues that arise will vary depending on a number of factors, including the type of energy generating technology utilised and, particularly, whether or not feedstock or fuel is required for operation of the completed facility. Whether the PPA, a short-term trading arrangement or a longer-term arrangement needed to underpin financing will also have a significant impact. This Checklist assumes a ‘conventional’ PPA where the counterparty is a licensed supplier. There are other variants, including corporate PPAs where the counterparty is an end-use customer, possibly connected to the generating facility by a direct wire. For more information about corporate PPAs, see Practice Note: Corporate Power Purchase Agreements—an introduction to structuring power purchase arrangements between large energy users and remotely located generators. What is/check the duration of the agreement? Where a PPA is required to underpin the external financing of a new generating facility, the term of PPA should coincide, so far as practicable, with the terms of any loans used to finance the project. It is often calculated from the point
PRECEDENTS
This Agreement is made on [date] Parties 1 [name of the Company] [of [address] OR incorporated in England and Wales with Company registration number [number] whose registered office is at [address]] (Purchaser) 2 [name of the Company] [of [address] OR incorporated in England and Wales with Company registration number [number] whose registered office is at [address]] (Generator) Background (A) The Generator is the owner and operator of the Facility. (B) The Purchaser wishes to purchase and the Generator wishes to sell the electricity that will be generated by the Facility in accordance with the terms of this Agreement. The parties agree: 1 Definitions and interpretation 1.1 In this Agreement: Act • means the Electricity Act 1989 (EA 1989); [Additional Supply Price • means the Charges applicable to an Additional Supply;] [Additional Supply • means quantities of electricity produced by the Facility and delivered to the Delivery Point in excess of the Supply;] Authority • means the Gas and Electricity Markets Authority as defined in section 1 of the Utilities Act 2000 or any successor to all or substantially all of its functions and powers, and includes a reference to Ofgem; Business Day • means any day other than a Saturday, Sunday or a public