Common use of BSP AGENTS Clause in Contracts

BSP AGENTS. (i) For the purpose of this Agreement, all IATA BSP agents appointed in the territory assigned to the General Sales Agent, shall be deemed as agents appointed by General Sales Agent, except in the case of agents who are specifically identified by Principal as having been appointed by Principal. (ii) The General Sales Agent will be entirely responsible for full payment of dues to Principal, irrespective of what payment is received from the BSP towards outstanding from defaulting agent appointed by the GSA. (iii) The General Sales Agent will ensure safeguard of all monies which may be due to Principalfrom the BSP agents and to take all legal action in the event of default by such BSP agent/s at GSA’s cost to recover all the monies due from them. (iv) General Sales Agent shall perform BSP related administrative and accounting and other functions including but not limited to screening of documents, reconciliation of accounts, raising of ADMs, monitor ADM disputes and rejection for recovery, recovery of Post Billing Dispute, monitoring of sales and issuance of ACMs as authorized by Principal and monitoring BSP raised ACMs, monitoring CC Sales and Charge back, if required. (v) GSA shallnot be entitled for any ORC for sales generated by BSP agents for whom the GSA does not undertake responsibility to cover defaults in the Territory of Appointment.

BSP AGENTS. (i) For the purpose of this Agreement, all IATA BSP agents appointed in the territory assigned to the General Sales Agent, shall be deemed as agents appointed by General Sales Agent, except in the case of agents who are specifically identified by Principal as having been appointed by Principal. (ii) The General Sales Agent will be entirely responsible for full payment of dues to Principal, irrespective of what payment is received from the BSP towards outstanding from defaulting agent appointed by the GSA. (iii) The General Sales Agent will ensure safeguard of all monies which may be due to Principalfrom Principal from the BSP agents and to take all legal action in the event of default by such BSP agent/s at GSA’s cost to recover all the monies due from them. (iv) General Sales Agent shall perform BSP related administrative and accounting and other functions including but not limited to screening of documents, reconciliation of accounts, raising of ADMs, monitor ADM disputes and rejection for recovery, recovery of Post Billing Dispute, monitoring of sales and issuance of ACMs as authorized by Principal and monitoring BSP raised ACMs, monitoring CC Sales and Charge back, if required. (v) GSA shallnot shall not be entitled for any ORC for sales generated by BSP agents for whom the GSA does not undertake responsibility to cover defaults in the Territory of Appointment.

BSP AGENTS. (i) i. For the purpose of this Agreement, all IATA BSP agents Agents appointed in the territory assigned to the General Sales Agent, shall be deemed as agents appointed by General Sales Agent, except in the case of agents who are specifically identified by Principal as having been appointed by the Principal. (ii) . The General Sales Agent will be entirely responsible for full payment of dues to the Principal, irrespective of what payment is received from the BSP towards outstanding from defaulting agent appointed by the GSA. (iii) . The General Sales Agent will ensure safeguard of all monies which may be due to Principalfrom the Air India from GSA appointed BSP agents Agents and to take all legal Legal action in the event of default by such BSP agent/s at GSA’s cost to recover all the monies due from them. (iv) . General Sales Agent shall perform BSP related administrative and accounting and other functions including but not limited to screening of documents, reconciliation of accounts, raising of ADMs, monitor ADM disputes and rejection for recovery, recovery of Post Billing Dispute, monitoring of sales and issuance of ACMs as authorized by the Principal and monitoring BSP raised ACMs, monitoring CC Sales and Charge back, if required. (v) v. GSA shallnot will not be entitled for any ORC for sales generated by BSP agents for whom the GSA does not which it doesn’t undertake responsibility to cover defaults in the Territory of Appointmentdefaults.

BSP AGENTS. (i) For the purpose of this Agreement, all IATA BSP agents appointed in the territory assigned to the General Sales Agent, shall be deemed as agents appointed by General Sales Agent, except in the case of agents who are specifically identified by Principal as having been appointed by Principal. (ii) The General Sales Agent will be entirely responsible for full payment of dues to Principal, irrespective of what payment is received from the BSP towards outstanding from defaulting agent appointed by the GSA. (iii) The General Sales Agent will ensure safeguard of all monies which may be due to Principalfrom Principal from the BSP agents and to take all legal action in the event of default by such BSP agent/s at GSA’s cost to recover all the monies due from them. (iv) General Sales Agent shall perform BSP related administrative and accounting and other functions including but not limited to screening of documents, reconciliation of accounts, raising of ADMs, monitor ADM disputes and rejection for recovery, recovery of Post Billing Dispute, monitoring of sales and issuance of ACMs as authorized by Principal and monitoring BSP raised ACMs, monitoring CC Sales and Charge back, if required. (v) GSA shallnot be entitled for any ORC for sales generated by BSP agents for whom the GSA does not undertake responsibility to cover defaults in the Territory of Appointment.