Agent Responsibility. Agent shall not be responsible or liable for the sufficiency or accuracy of the form, execution, validity or genuineness of documents, instruments or securities now or hereafter deposited in the Account, or of any endorsement thereon, or for any lack of endorsement thereon, or for any description therein. Registered ownership of or other legal title to Assets deposited in the Account shall be maintained in the name of Agent, or its nominee, only if expressly provided in Schedule II. Agent may maintain qualifying Assets in a Federal Reserve Bank or in any registered clearing agency (including, without limitation, the Depository Trust Company) as Agent may select, and may register such deposited Assets in the name of Agent or its agent or nominee on the records of such Federal Reserve Bank or such registered clearing agency or a nominee of either. Agent shall not be responsible or liable in any respect on account of the identity, authority or rights of the persons executing or delivering or purporting to execute or deliver any such document, security or endorsement or this Escrow Agreement.
Agent Responsibility. Agent shall not be responsible or liable for the sufficiency or accuracy of the form, execution, validity or genuineness of documents, instruments or securities now or hereafter deposited in the Account, or ofany endorsement thereon, or for any lack ofendorsement thereon, or for any description therein. Agent may maintain all Account Funds in a Federal Reserve Bank or in any registered clearing agency as Agent may select, and may register such deposited funds in the name of Agent or its agent or nominee on the records of such Federal Reserve Bank or such registered clearing agency or a nominee of either. Agent shall not be responsible or liable in any respect on account of the identity, authority or rights of the persons executing or delivering or purporting to execute or deliver any such document, security or endorsement or this Agreement. ' ' '■ ■ '. ' ■'
Agent Responsibility. MGA shall process all Agent appointments made by the Company and bear sole responsibility to oversee the placement of business through Agents. With respect to a Policy(ies) or this Agreement, MGA shall indemnify and hold the Company harmless and reimburse the Company for any and all fines and expenses levied against or incurred by the Company as a result of MGA accepting business from an unlicensed Agent, or the failure of the Company, MGA, or any Brokering Agent to comply with Section 626.752, F.S. regulating the exchange of business between insurer and Brokering Agents, unless such costs and expenses result solely from the Company's failure to take legally required or reasonably necessary specific actions recommended to the Company by MGA.' 2.
Agent Responsibility. Agent shall not be responsible or liable for the sufficiency or accuracy of the form, execution, validity or genuineness of documents, instruments or securities now or hereafter deposited in the Account, or of any endorsement thereon, or for any lack of endorsement thereon, or for any description therein. Registered ownership of or other legal title to Assets deposited in the Account shall be maintained in the name of Agent, or its nominee, only if expressly provided in Schedule II. Agent may maintain qualifying Assets in a Federal Reserve Bank or in any registered clearing agency as Agent may select, and may register such deposited Assets in the name of Agent or its agent or nominee on the records of such Federal Reserve Bank or such registered clearing agency or a nominee of either. Agent shall not be responsible or liable in any respect on account of the identity, authority or rights of the persons executing or delivering or purporting to execute or deliver any such document, security or endorsement or this Agreement.
Agent Responsibility. Agent shall not be responsible or liable for the sufficiency or accuracy of the form, execution, validity or genuineness of documents, instruments or securities now or hereafter deposited in the Account, or of any endorsement thereon, or for any lack of endorsement thereon, or for any description therein. Agent shall not be responsible or liable in any respect on account of the identity, authority or rights of the persons executing or delivering or purporting to execute or deliver any such document, security or endorsement or this Agreement.
Agent Responsibility. 1. Agent shall use good faith efforts to market Services proactively to its customers. Said marketing shall be consistent with and subject to the terms and conditions set forth in applicable USWC rates and tariffs, which may from time to time be amended at the initiation of USWC or the appropriate regulatory commission, and as set forth in USWC policies for the sale of the Services hereunder. In the event the Services have been detariffed, are not subject to tariffs under state law, or are offered pursuant to tariffs that permit flexible pricing, Agent shall use USWC's current standard prices or Agent shall request a specific price for the customized Services. In the event Services are offered under contract, Agent shall offer such Services subject to the applicable terms and conditions contained in a contract supplied by USWC. In the event a bond is required, Agent agrees to post the bond and be responsible for the fees associated therewith. Agent may not offer any terms or conditions on USWC's behalf which conflict with relevant tariffs, prices, policies or contracts. Agent shall also market such services in a manner consistent with the standards for marketing of Services which USWC shall specify as necessary to protect trademarks or trade names used in connection with the Services and as provided in paragraph VIII hereof.
2. At least thirty (30) days prior to each anniversary of this Agreement, Agent shall submit a revised business plan and forecast updating its business activities and sales projections in the same format as originally supplied. The annual business plan is required for continuance of this agreement through its term. The requirements for information to be included in this Business Plan are outlined in attached, Appendix D incorporated herein by reference.
3. Agent has, prior to execution of this Agreement, accepted a minimum objective requirement as set forth in Appendix D. USWC and Agent must negotiate specific sales objectives by which Agent's sales performance will be measured for the calendar year. Such objectives agreed to by Agent and USWC shall be made a part of this Agreement as though fully set forth herein and shall be considered to constitute a material term hereof.
4. Agent agrees to meet with USWC representatives at mutually agreed upon times (at least semiannually) to discuss its sales activities and performance in meeting the objectives outlined in the business plan. Such meetings shall include, as a minimum, providing pre...
Agent Responsibility. The obligations of Agent are limited to those matters that are expressly the responsibility of Agent in accordance with this Agreement. Notwithstanding the appointment of Agent to perform the Services and except as otherwise set forth herein, EFSPV shall remain responsible for all matters and decisions related to its business, operations, assets and liabilities. Other than this Agreement, Agent is not authorized or empowered to enter into any agreement, contract or other legally binding arrangement, in respect of or relating to the business or affairs of EFSPV.
Agent Responsibility. 1. To examine, urge the Borrower to implement terms of credit, and provide loan or perform credit business;
2. To handle guaranteed mortgage procedure of syndicated loan, and be responsible for current management of the guarantee (pledge);
3. The Agent Bank should deliver such document to the third party within [1] (one) business day after any other party of the Contract receives any original document or photocopy delivered by any party of the Contract via the Agent Bank; unless other wise stipulated, the Agent Bank is not responsible to examine the form’s and content’s sufficiency, veracity or integrity of any document delivered to any other party of the Contract.
4. To be responsible loan payment management, loan utilization supervision and relevant examination (supervision and examination refer to the Clause 9 in the Article 14.1), and notify syndicated loan members regularly; the Agent Bank should make managerial report about project operation and loan fund utilization quarterly, and provide such report to such Lender as each Lender requires.
5. Make account management scheme, draw special account for management of the syndicated loan funds and record the change of funds in special account;
6. Pay close attention to the financial situation of the Borrower, especially certain major events which will affect the repayment ability of the Borrower, including the mergers and acquisitions, stock equity and dividends, foreign investment, assets transfer and debt restructuring. When such event occurs, the Agent Bank shall inform all members of bank consortium in special report as agreed in the syndicated loan agreement upon receipt of the notification from the Borrower;
7. Enhance the supervision of the Borrower’s repayment ability and the return of loan funds and inform the members of bank consortium immediately where the Borrower’s repayment ability deteriorates or the change of security hereunder is against the financial claim of the Lenders.
8. Accept the consultation from all members of bank consortium and transact other matters entrusted by bank consortium meeting.
9. Set up and save the machine accounts relevant to the Contract, and provide such accounts to the Lender as required.
10. Take charge of the issuing and payment of loan funds and carry out management and control of such funds in accordance with the agreement of Article 8.1 (Issuing of Loan Fund) and Article 8.2 (Payment of Loan Fund).
11. Inform the members of bank consortium of notice from an...
Agent Responsibility. The obligations of Agent are limited to those matters that are expressly the responsibility of Agent in accordance with this Agreement. Notwithstanding the appointment of Agent to perform the Services and except as otherwise set forth herein, ESPV shall remain responsible for all matters and decisions related to its business, operations, assets and liabilities. Other than this Agreement, Agent is not authorized or empowered to enter into any agreement, contract or other legally binding arrangement, in respect of or relating to the business or affairs of ESPV.
Agent Responsibility. 2.2.1 The agent will take responsibility for any customs offence related to administrative actions taken by the agent on behalf of the client. This will include the incorrect completion of SAD 500's which can result in a penalty.
2.2.2 The agent is responsible for record keeping of all customs related issues on behalf of the client. If and when the SARS have any enquiry concerning customs related issues, the agent will handle such issues on the client’s behalf.
2.2.3 The agent undertakes to make sure that the turn around time for vehicles delivering goods of the client will be as short as possible by assuring that the declaration of the clients goods will be done as fast as possible.
2.2.4 If the client has any other issue that needs to be handled by the agent, not concerning normal declarations done for the client, the agent will handle such issues for the client at an additional fee.
