Agent Appointment Sample Clauses
Agent Appointment. 1. Appointments for plans sold through the Exchange shall be made as follows:
Agent Appointment. Producer is responsible for costs associated with his/her appointment as determined by each Payor. Company will not pay or advance on behalf of Producer such fees to any Payor. Producer agrees to pay for all such required appointment and / or state fees prior to appointment.
Agent Appointment. 8.1 The Purchaser hereby authorizes Xxxxxx Asset Partners, LLC, a Delaware limited liability company ("Xxxxxx"), to act as collateral agent (the "Agent") on behalf of the Purchaser, and in such capacity to enter into the Security Agreement, the Intercreditor Agreement, and to exercise for the benefit of the Purchaser all rights, powers and remedies provided to it, under or pursuant to the Security Agreement and the Intercreditor Agreement, including, without limitation, those available upon an Event of Default (as defined in the Note), subject always to the terms, conditions, limitations and restrictions provided in the Note, the Warrant, the Security Agreement and the Intercreditor Agreement. Except with respect to actions as to which the Agent is expressly required to act under the terns of the Security Agreement and/or, the Intercreditor Agreement, the Purchaser hereby agrees that the Agent may act or refrain from acting thereunder with the consent, in writing of holders of a majority of the aggregate principal amount of Bridge Notes and the Note outstanding as of the date of such consent ("Requisite Holders"), and that the Requisite Holders shall have the right to direct the time, method and place of conducting any proceeding for any right or remedy available to the Agent; provided, however, that such direction shall not be in conflict with any rule of law or expose the Agent to personal liability, such direction shall not be unduly prejudicial to the rights of any non-consenting holder, and the Agent may take any action deemed proper by the Agent, in its discretion, that is not inconsistent with such direction or the terms of the Security Agreement and/or the Intercreditor Agreement. The Purchaser agrees that the duties of the Agent are only such as are specifically provided in the Security Agreement and/or the Intercreditor Agreement, and the Agent shall have no other duties, implied or otherwise. The appointment of Xxxxxx as Agent shall be deemed accepted by Xxxxxx, and it shall be and become obligated to the extent provided in the Security Agreement and the Intercreditor Agreement, only upon the execution and delivery of the Security Agreement and the Intercreditor Agreement by Xxxxxx and the other parties to the Security Agreement and the Intercreditor Agreement, respectively.
8.2 The Purchaser agrees that the Agent may consult with counsel of its choice and shall not be responsible or liable for any action taken, suffered or omitted to be taken b...
Agent Appointment. Appointments for plans sold through Covered California shall be made as follows: Covered California grants to Agency and its Agents a non-exclusive, revocable appointment to enroll employers and employees in QHPs for all plans sold in the CCSB. This appointment shall not limit or prohibit Covered California from granting similar appointments to other Agencies or Agents and does not prohibit Agency and its Agents from accepting appointments from any insurance companies
Agent Appointment. Appointments for plans sold through Covered California shall be made as follows:
1. Individual Exchange: Covered California does not appoint Agents or Agencies in the Individual Exchange. QHP Issuers are responsible for maintaining a reasonable appointment process for appointing agents to sell QHPs in the Individual Exchange. Agency and its Agents are responsible for contacting the QHP Issuers for any issues or inquiries related to the QHP Issuer’s appointment process.
2. CCSB: Covered California grants to Agency and its Agents a non-exclusive, revocable appointment to enroll employers and employees in QHPs for all plans sold in CCSB. This appointment shall not limit or prohibit Covered California from granting similar appointments to other Agencies or Agents and does not prohibit Agency and its Agents from accepting appointments from any insurance companies.
Agent Appointment. Your appointment is for them to act in your name, place, and xxxxx, and with full power of substitution, as your attorney in fact. The Agent’s appointment and authority shall be exclusive, and you abrogate your, and you retain no, authority to engage directly in any dealings with ASCRL while the appointment is in effect. The appointment includes appointment for all dealings with ASCRL (including without limitation, agreeing to the ASCRL Mandate, ASCRL Membership Agreement, amendments thereof, all financial transactions, payment instructions, termination, and all other matters with ASCRL). While the appointment is in effect, ASCRL, and those acting under its instruction, shall be entitled to rely exclusively upon all acts, deeds, and omissions of the Agent, which shall all be binding upon you, the same as if the agent’s acts, deeds, and omissions your own. By accepting the appointment the Agent warrants and represents that it has the full power, and authority, to act in your behalf, and that they shall fully, faithfully, and completely perform all acts for you for all purposes provided for in the agreement.
Agent Appointment. Appointments for plans sold through Covered California shall be made as follows:
Agent Appointment. The Investor hereby appoints Broadband Capital Management LLC to act as its agent on its behalf for the limited purposes described in the Registration Rights Agreement.
Agent Appointment. (a) Xxxxxx hereby designates and appoints RKMI as the Disbursing Agent of Xxxxxx hereunder, and Xxxxxx hereby authorizes RKMI, as the Disbursing Agent for Xxxxxx, to take such actions on its behalf under the provisions of this Agreement and to exercise such powers and perform such duties as are expressly delegated to the Disbursing Agent by the terms of this Agreement, together with such powers as are reasonably incidental thereto.
(b) The Disbursing Agent shall not commingle any funds received from Xxxxxx under Paragraph 2 above with any other funds and shall be responsible for, and have control over the distribution of, all such funds. The Disbursing Agent shall, as soon as practicable, post bond in favor of Xxxxxx in respect to the execution and performance of its duties as Disbursing Agent and at all times maintain a bond in an amount at least equal to all cash on hand. The cost of the bond shall be borne by Xxxxxx.
(c) The Disbursing Agent may hire such employees, agents and professionals as the Disbursing Agent deems appropriate.
(d) The Disbursing Agent shall exercise the rights and powers granted to it as Disbursing Agent in the same manner, and use the same degree of care and skill in their exercise, as a prudent person would exercise and use under the circumstances in the conduct of his own affairs having due regard for the purposes set forth herein.
(e) The Disbursing Agent shall not be liable for any action lawfully taken or omitted to be taken by it under or in connection with this Agreementexcept for gross negligence or willful misconduct.
(f) The Disbursing Agent may resign as Disbursing Agent upon thirty (30) days notice to Xxxxxx. If the Disbursing Agent shall resign as Disbursing Agent under this Agreement, then the Petitioning Creditors shall appoint a successor agent for Xxxxxx, whereupon such successor agent shall succeed to the rights, powers and duties of the Disbursing Agent, and the term "Disbursing Agent" shall mean such successor agent effective upon its appointment, and the former Disbursing Agent's rights, powers and duties as Disbursing Agent shall be terminated, without any other or further act or deed on the part of such former Disbursing Agent or any of the parties to this Agreement. After any retiring Disbursement Agent's resignation hereunder as Disbursing Agent, the provisions of this Agreement shall inure to its benefit as to any actions taken or omitted to be taken while it was Disbursing Agent under this Agreement and...
Agent Appointment. (A) Xxxxxxxx X. Xxxxxxxxxx is hereby irrevocably appointed as the agent, proxy and attorney-in-fact for Xxxx Xxxxxxxx Xxxxxxxxxx to act pursuant to the provisions of Section 1.04, to agree to any true up required, and to agree to the resolution of any claim of indemnity by or against the Buyer. Xxxx Xxxxxxxx Xxxxxxxxxx agrees that such agency and proxy are coupled with an interest, are therefore irrevocable and shall survive incapacity.
(B) The Buyer is fully entitled to rely upon the foregoing designation of Xxxxxxxx X. Xxxxxxxxxx as the Agent for Xxxx Xxxxxxxx Xxxxxxxxxx, and is further entitled to rely upon the authority of the Xxxxxxxx X. Xxxxxxxxxx to act for and on behalf of the Sellers, including without limitation, Xxxx Xxxxxxxx Xxxxxxxxxx as above set forth.