Agent Agreements. Any and all agreements with any insurance broker, agent, Producing Agent, Brokering Agent or other entity (hereinafter collectively called the "Agent") shall be made directly between MGA and such Agent. Such agreements shall provide that with respect to any action taken or not taken by MGA in connection with a Policy(ies) or this Agreement, the Agent shall look solely to MGA for any and all expenses, costs, causes of action and damages suffered by the Agent. Nothing in this Section is intended to create a cause or claim against MGA that the Agent would not otherwise have against the Company.
Agent Agreements. From time to time, the Agent may enter into, execute and deliver agreements or instruments supplemental hereto with the Borrower for the purposes of: (i) adding to the provisions hereof such additional covenants and enforcement provisions as are, in the opinion of the Agent, necessary or desirable and not prejudicial to the interests of the Lenders; (ii) making such provisions not inconsistent with this Agreement as may be necessary or desirable and not prejudicial to the interests of the Lenders with respect to matters or questions arising hereunder; (iii) adding, altering or modifying the provisions hereof, including relieving the Borrower from any Obligations, conditions or restrictions herein contained provided such addition, alteration, modification or relief shall be operative or become effective only if, in the opinion of the Agent, such addition, alteration, modification or relief in no way prejudices any of the rights of the Lenders or the Agent (and the Agent may in its sole discretion decline to enter into any such addition, alteration, modification or relief which, in its opinion, may not afford adequate protection to it when same becomes operative); and (iv) for any other purpose not inconsistent with the terms of this Agreement, including, without limitation, the correction or rectification of any ambiguities, defective or inconsistent provisions, errors, mistakes or omissions herein provided where, in the opinion of the Agent, the rights of the Agent and the Lenders are in no way prejudiced thereby.
Agent Agreements. In consideration of Fannie Mae’s entering into this Agreement and providing the Fannie Mae Consent, Agent hereby acknowledges and agrees as follows:
Agent Agreements. In consideration of Freddie Mac entering into this Agreement and providing the Freddie Mac Consent, Agent hereby acknowledges and agrees as follows: Agent shall not modify or permit modification of any of the New Term Facility Drafts prior to execution by the parties thereto without first obtaining Freddie Mac’s prior written consent to such modification. Upon the execution and delivery of the Facility Documents (defined below) in connection with the establishment of the New Term Facility, Agent: ratifies, confirms, and reaffirms to, and for the benefit of, Freddie Mac the Specified Freddie Mac Provisions; and acknowledges and agrees that the Loan Parties’ grant, and Agent’s acceptance, of the respective pledge and security interests in the Freddie Mac Collateral and Specified Pledged Equity Interests is strictly in accordance with the Specified Freddie Mac Provisions; and in exercising its rights, remedies, powers, privileges, and discretions under the Credit Agreement, the Guarantee and Collateral Agreement and/or any other Facility Document, Agent shall act strictly in Compliance with the Specified Freddie. Mac Provisions. Following execution of the Facility Documents, without the prior written consent of Freddie Mac, the Agent shall not modify or permit modification of any of the Specified Freddie Mac Provisions or any other provision in the Facility Documents that in any way would modify terms applicable to Freddie Mac or the related Freddie Mac Collateral or the Freddie Mac Contracts or that could reasonably be expected to have or result in a material adverse effect on Freddie Mac and/or the obligations of any of the Loan Parties under any of the Freddie Mac Contracts. Without limitation of the foregoing, Agent represents, warrants and covenants that: neither Agent nor any other Secured Party under the New Term Facility has taken or will take any Lien on: any right, obligation or other interest of any Loan Party under any of the Freddie Mac Contracts (other than in the right to receive payment of servicing compensation thereunder, subject to and subordinate to all of the rights and remedies of Freddie Mac thereunder and any other Income constituting Freddie Mac Collateral (as each such term is defined in the Guarantee and Collateral Agreement), and not including any right to assume or assign such Freddie Mac Contracts), any right, title or interest of any Loan Party in or to any Freddie Mac Loan (or any related mortgaged property or other collateral ...
Agent Agreements. On the date of the Closing, US WIRELESS shall enter employment agreements with the Members with terms to be negotiated prior or at closing of this Agreement.
Agent Agreements. With respect to those agent agreements set forth on Schedule 5.09 (the "Agent Agreements"), Transferor shall terminate any and all agent compensation plans, commission plans and the like with respect to such Agent Agreements. Transferor shall be responsible for all commissions accrued or earned under the Agent Agreements with respect to products sold and services rendered prior to the Effective Date. Provided the agents identified in the Agent Agreements execute and deliver new agent agreements on Transferee's standard agent agreement forms, Transferee shall be responsible for all commissions accrued or earned under the Agent Agreements with respect to products sold or services rendered after the Effective Date. The foregoing notwithstanding, Transferee shall be responsible for any commissions paid pursuant to the terms of the Agent Agreements to an agent by Transferor and for any commissions owing to an agent under the Agent Agreements by Transferor provided that Transferee has received the revenue from which such commission are based.
Agent Agreements. Sellers are entering into an Agent Agreement with Trucking Purchaser contemporaneously with this Agreement, a copy of which is attached to this Agreement and incorporated into this Agreement as Schedule C (the “Trucking Agent Contract”). Sellers are also entering into an Agent Agreement with Freedom Freight Solutions, LLC, contemporaneously with this Agreement, a copy of which is attached to this Agreement and incorporated into this Agreement as Schedule D (the “Freedom Agent Contract”). As of the Effective Date, and upon entering into the Trucking Agent Contract and the Freedom Agent Contract, the Sellers will sell, transfer, convey, assign and deliver to the Purchaser all of the Sellers right, title and interest in and to the Customers and any Customer contract free and clear of all Liens. As an inducement and additional consideration for Sellers to enter into the Trucking Agent Contract and the Freedom Agent Contract, the Purchaser shall pay the Sellers two hundred thousand dollars ($200,000.00).
Agent Agreements. On the date of the Closing, US WIRELESS shall enter agent agreements with Xx. Xxxx X. Dulworth and Xx. Xxxx X. Binkley with terms to be negotiated prior or at closing of this Agreement.
Agent Agreements. In consideration of Freddie Mac entering into this Agreement and providing the Freddie Mac Consent, Agent hereby acknowledges and agrees as follows:
