Agency Term 10 Sample Clauses

Agency Term 10. The Agent may appoint a sub-agent to perform its obligations as the ATOL holders agent and to bind the principal ATOL holder into obligations with consumers or buying ATOL holders. However, the Agent may only do so if it enters the ATOL holder into a written agency agreement that contains all the rights and obligations in the agreement that are required by the CAA and published in the CAA’s Official Record Series 3. Any sub-agent of the Agent that does not have the benefit of a written agency agreement with the Operator is not authorised to act on the Operator’s behalf. As a consequence the Agent will be responsible to the consumer (or buying ATOL holder) for any acts or omissions of the sub-agent.
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Agency Term 10. An agent is not permitted to appoint a sub-agent to perform its obligations as an agent of the Principal ATOL holder on the agent’s behalf. Agency Term 11 If a new or revised Schedule of Agency Terms is published by the CAA in its Official Record Series 3 those new or revised terms will immediately take effect and must be included in the terms of the agency agreement between the Principal ATOL holder and the agent within 3 calendar months of the publication date.
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Agency Term 10. An agent is not permitted to appoint a sub-agent to perform its obligations as an agent of the principal ATOL holder on the agent’s behalf.
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Agency Term 10. The agent may appoint a sub-­‐agent to perform its obligations as the Principal ATOL holder’s agent and to bind the Principal ATOL holder into obligations with consumers or buying ATOL holders. However, the agent may only do so if it enters the Principal ATOL holder into a written agency agreement that contains all the rights and obligations in the agreement that are required by the CAA and published in the CAA’s Official Record Series 3. Any sub-­‐agent that does not have the benefit of a written agency agreement with the Principal ATOL holder is not authorised to act on the Principal ATOL holder’s behalf. As a consequence, the agent will be responsible to the consumer (or buying ATOL holder) for any acts or omissions of the sub-­‐agent. Note: in these circumstances, as well as the agent being liable to the consumer as a Principal, both the ‘agent’ and ‘sub-­‐agent’ would be acting in breach of the ATOL Regulations 2012.
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Related to Agency Term 10

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