Broker Liability Sample Clauses
The Broker Liability clause defines the extent to which a broker is responsible for losses, damages, or claims arising from their actions or omissions in the course of providing brokerage services. Typically, this clause outlines specific circumstances under which the broker may be held liable, such as negligence or willful misconduct, and may also set limits on the amount or types of damages recoverable from the broker. Its core practical function is to allocate risk between the parties by clarifying the broker’s responsibilities and protecting the broker from certain liabilities, thereby reducing uncertainty and potential disputes.
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Broker Liability. With respect to any broker, finder or similar consultant, retained by, or acting on behalf of ARCO, Seller or their Affiliates in connection with this Agreement or the transactions contemplated hereby, ARCO and Seller shall be solely responsible and liable for any brokerage, finder's or similar consultant's fee or other commission in respect of such broker, finder or similar consultant.
Broker Liability. With respect to any broker, finder or similar consultant, retained by, or acting on behalf of Arch or Buyer, in connection with this Agreement or the Proposed Transactions, Arch or Buyer, as the case may be, shall be solely responsible and liable for any brokerage, finder's or similar consultant's fee or other commission in respect of such broker, finder or similar consultant.
Broker Liability. Except as set forth in Schedule 3.19 and subject to Section 3.19, such Seller has no Liability of any kind to any broker, finder or agent with respect to the transactions contemplated by this Agreement. 4.6
Broker Liability. Broker advises BUYER and SELLER to verify all
Broker Liability. Although Broker will assist Buyer in locating and negotiating to acquire the Property and locate suitable financing, Buyer will independently confirm and analyze all relevant information. Broker will try to make available to Buyer all relevant information concerning the Property, however Broker will not be liable for any inaccurate information which Broker may provide, if Broker does not know of the inaccuracy at the time the information is given. Broker is not obligated to update information or provide additional information to Buyer after closing on the Property.
Broker Liability. Brokers, their agents, subagents and employees do not assume any responsibility for the condition of the Property or for the performance of this Contract by any or all parties hereto. By signing this Contract, ▇▇▇▇▇ and Seller acknowledge that they have not relied on any representations made by Brokers, or any agents, subagents or employees of Brokers, except those representations expressly set forth in this Contract.
Broker Liability. There is no fee or commission due with respect to any broker, finder or similar consultant retained by or acting on behalf of Seller in connection with this Agreement or the transactions contemplated hereby.
Broker Liability. 24 4.24 Disclaimer of Certain Representations and Warranties....................................24
Broker Liability. Customers who are Brokers, or who otherwise request services and/or submit information on behalf of a third party (“Broker Customer”), shall be liable for and indemnify Company for any adverse outcomes to any Customer or other third party resulting from Broker Customer’s negligence, misrepresentation, failure to provide complete and/or accurate information, or other breach of this Agreement. Customer understands and agrees that Company’s liability under this Agreement extends only to the Customer, and not to any third party.
Broker Liability. 8.1 The Broker is responsible for and indemnifies the Department, any Relevant Water Authority and their respective Personnel (Indemnified Parties) against any and all Loss suffered or incurred by any of the Indemnified Parties which results from any acts or transactions communicated using an Access Method acquired by the Broker under this Agreement, except to the extent that any Loss arises from any breach of this Agreement by the Department.
8.2 The Broker must promptly on demand make good any damage caused through the unauthorised use by the Broker or its Personnel of the Interface or any information that may be derived from the Water Register through the Interface.