Common use of Appointment of AFS as Agent Clause in Contracts

Appointment of AFS as Agent. Client Companies hereby appoint AFS as Agent to represent the Client Companies in performing the services described in Section 2 above. Client Companies also authorize AFS to purchase (i.e. take title to) fuel, natural gas, and other energy related commodities and goods, and to resell (i.e. convey title to) such commodities and goods to Client Companies in the course of performing the services described in Section 2. Any resale of fuel, natural gas, and other energy related commodities and goods by AFS to the Client Companies shall be at the costs incurred by AFS for its purchase of such items. AFS shall be accountable for all funds advanced or collected on behalf of a Client Company in connection with any transaction in respect of which AFS provides services. The provision of services by AFS pursuant to this Agreement shall in all cases and notwithstanding anything herein contained to the contrary be subject to any limitations contained in authorizations, rules or regulations of those governmental agencies, if any, having jurisdiction over AFS or such provision of services.

Appears in 6 contracts

Samples: Fuel and Natural Gas Services Agreement, Gas Services Agreement, Fuel and Natural Gas Services Agreement

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Appointment of AFS as Agent. Client Companies Company hereby appoint appoints AFS as Agent to represent the Client Companies Company in performing the services described in Section 2 above. Client Companies Company also authorize authorizes AFS to purchase (i.e. take title to) fuel, natural gas, and other energy related commodities and goods, and to resell (i.e. convey title to) such commodities and goods to Client Companies Company in the course of performing the services described in Section 2. Any resale of fuel, natural gas, and other energy related commodities and goods by AFS to the Client Companies Company shall be at the costs incurred by AFS for its purchase of such items. AFS shall be accountable for all funds advanced or collected on behalf of a Client Company in connection with any transaction in respect of which AFS provides services. The provision of services by AFS pursuant to this Agreement shall in all cases and notwithstanding anything herein contained to the contrary be subject to any limitations contained in authorizations, rules or regulations of those governmental agencies, if any, having jurisdiction over AFS or such provision of services.

Appears in 2 contracts

Samples: Gas Services Agreement, Services Agreement (Ameren Corp)

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