As Agents Only Sample Clauses

The "As Agents Only" clause defines that a party is acting solely as an agent on behalf of another party, rather than in its own capacity. In practice, this means the agent does not assume personal liability for the obligations or actions under the agreement, and any commitments made are binding only on the principal they represent. This clause is commonly used in contracts involving brokers, representatives, or intermediaries to clarify that the agent is not a direct party to the contract. Its core function is to allocate risk and responsibility appropriately, ensuring that only the principal is held accountable for contractual obligations.
POPULAR SAMPLE Copied 1 times
As Agents Only. This Charter Party is a computer generated copy of the NYPE (Revised 3rd October, 1946) form printed under licence from the Association of Ship Brokers & Agents (U.S.A), Inc., using software which is the copyright of Strategic Software Limited. It is a precise copy of the original document which can be modified, amended or added to only by the striking out of original characters, or the insertion of new characters, such characters being clearly highlighted by underlining or use of colour or use of a larger font and marked as having been made by the licensee or end user as appropriate and not by the author.
View Source
As Agents Only. This Charter Party is a computer generated copy of the NYPE (Revised 3rd October, 1946) form printed under licence from the Association of Ship Brokers & Agents (U.S.A), Inc., using software which is the copyright of Strategic Software Limited. It is a precise copy of the original document which can be modified, amended or added to only by the striking out of original characters, or the insertion of new characters, such characters being clearly highlighted by underlining or use of colour or use of a larger font and marked as having been made by the licensee or end user as appropriate and not by the author. RIDER CLAUSES TO THE M.V. “GENCO VIGOUR” CHARTER PARTY DATED LONDON: 23RD JANUARY 2005 Owners : GENCO VIGOUR LIMTED, ▇▇▇▇▇▇▇▇ ISLANDS DWT : 73,941 on 13.928 metres Summer Salt Water (TPC about 65.66) Flag : Hong Kong Built : 1999 Type : Single deck, bulk carrier with double hull structure LOA/Beam : ▇▇▇ / ▇▇.▇▇ ▇▇▇▇▇▇ ▇▇▇ / ▇▇▇ : 38,646 / 24,612 Grain / Bale : 85,927 / 85,620 cubic metres Holds / Hatches : 6 / 6 Gearless Speed / Consumption : About 14 knots (Laden) / 14.5 knots (Ballast) on about 33.5 metric tons IFO (380 CST) plus 1.8 metric tons IFO (180 CST) in calm sea and fair weather with wind speed up to and including Beaufort Scale 4. In port : 2.0 metric tons IFO / day (Working) / 1.5 metric tons IFO / day (Idle). Bunker Specifications : IFO – ISO 8217 RME25 (1996E) / MDO – ISO 8217 No Diesel Oil at sea but vessel has liberty to consume MDO while manoeuvring in / out of ports, starting of auxiliary engine, navigating in shallow / restricted / busy waters, canals, rivers. Holdwise (Holds + Hatches) capacity breakdown (all in cubic metres): H1 12073 12026 29.8 H2 16730 16683 16.5 H3 14085 14031 26.8 H4 13587 13532 28.0 H5 16534 16486 16.5 H6 12918 12862 29.8 Hatch sizes (length x breadth - all in metres): H1 : 16.74 x 12.00 (F) / 15.88 (A) H2 : 22.32 x 15.88 H3 : 16.74 x15.88 H4 : 16.74 x15.88 H5 : 22.32 x15.88 H6 : 16.74 x 15.88 See attached Questionnaire.
View Source

Related to As Agents Only

  • Other Agents; Arrangers and Managers None of the Lenders or other Persons identified on the facing page or signature pages of this Agreement as a “syndication agent,” “documentation agent,” “co-agent,” “book manager,” “lead manager,” “arranger,” “lead arranger” or “co-arranger” shall have any right, power, obligation, liability, responsibility or duty under this Agreement other than, in the case of such Lenders, those applicable to all Lenders as such. Without limiting the foregoing, none of the Lenders or other Persons so identified shall have or be deemed to have any fiduciary relationship with any Lender. Each Lender acknowledges that it has not relied, and will not rely, on any of the Lenders or other Persons so identified in deciding to enter into this Agreement or in taking or not taking action hereunder.

  • New York Residents Only The Tests are not offered to residents of New York State at this

  • Successor Agent and Co Agents 13.8.1. Subject to the appointment and acceptance of a successor Agent as provided below, Agent may resign at any time by giving at least 30 days written notice thereof to each Lender and Borrowers. Upon receipt of any notice of such resignation, the Required Lenders, after prior consultation with (but without having to obtain consent of) each Lender, shall have the right to appoint a successor Agent which shall be (i) a Lender, (ii) a United States based affiliate of a Lender, or (iii) a commercial bank that is organized under the laws of the United States or of any State thereof and has a combined capital surplus of at least $200,000,000 and, provided no Default or Event of Default then exists, is reasonably acceptable to Borrowers (and for purposes hereof, any successor to BofA shall be deemed acceptable to Borrowers). If no successor agent is appointed prior to the effective date of the resignation of Agent, then Agent may appoint, after consultation with Lenders and Borrower Agent, a successor agent from among Lenders. Upon the acceptance by a successor Agent of an appointment to serve as an Agent hereunder, such successor Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent without further act, deed or conveyance, and the retiring Agent shall be discharged from its duties and obligations hereunder but shall continue to enjoy the benefits of the indemnification set forth in SECTIONS 13.6 and 15.2 hereof. After any retiring Agent's resignation hereunder as Agent, the provisions of this SECTION 13 (including the provisions of SECTION 13.6 hereof) shall continue in effect for its benefit in respect of any actions taken or omitted to be taken by it while it was acting as Agent. Notwithstanding anything to the contrary contained in this Agreement, any successor by merger or acquisition of the stock or assets of BofA shall continue to be Agent hereunder without further act on the part of the parties hereto unless such successor shall resign in accordance with the provisions hereof. 13.8.2. It is the intent of the parties that there shall be no violation of any Applicable Law denying or restricting the right of financial institutions to transact business as agent or otherwise in any jurisdiction. In case of litigation under any of the Loan Documents, or in case Agent deems that by reason of present or future laws of any jurisdiction Agent might be prohibited from exercising any of the powers, rights or remedies granted to Agent or Lenders hereunder or under any of the Loan Documents or from holding title to or a Lien upon any Collateral or from taking any other action which may be necessary hereunder or under any of the Loan Documents, Agent may appoint an additional Person as a separate collateral agent or co-collateral agent which is not so prohibited from taking any of such actions or exercising any of such powers, rights or remedies. If Agent shall appoint an additional Person as a separate collateral agent or co-collateral agent as provided above, each and every remedy, power, right, claim, demand or cause of action intended by any of the Loan Documents to be exercised by or vested in or conveyed to Agent with respect thereto shall be exercisable by and vested in such separate collateral agent or co-collateral agent, but only to the extent necessary to enable such separate collateral agent or co-collateral agent to exercise such powers, rights and remedies, and every covenant and obligation necessary to the exercise thereof by such separate collateral agent or co-collateral agent shall run to and be enforceable by either of them. Should any instrument from Lenders be required by the separate collateral agent or co-collateral agent so appointed by Agent in order more fully and certainly to vest in and confirm to him or it such rights, powers, duties and obligations, any and all of such instruments shall, on request, be executed, acknowledged and delivered by Lenders whether or not a Default or Event of Default then exists. In case any separate collateral agent or co-collateral agent, or a successor to either, shall die, become incapable of acting, resign or be removed, all the estates, properties, rights, powers, duties and obligations of such separate collateral agent or co-collateral agent, so far as permitted by Applicable Law, shall vest in and be exercised by Agent until the appointment of a new collateral agent or successor to such separate collateral agent or co-collateral agent.

  • Administrative Agent’s Office The Administrative Agent hereby designates its office located at the address set forth above, or any subsequent office which shall have been specified for such purpose by written notice to the Borrower and Lenders, as the Administrative Agent’s Office referred to herein, to which payments due are to be made and at which Loans will be disbursed and Letters of Credit requested.

  • Agent’s Head Office The Agent’s head office located at ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇-▇▇▇▇, or at such other location as the Agent may designate from time to time by notice to the Borrower and the Lenders.