Independent Broker Sample Clauses

Independent Broker. The Broker and its employees, agents, representatives, and subcontractors are not employees or agents of the Department and are not entitled to the benefits of State of Florida employees. The Department will not be bound by any acts or conduct of the Broker or its employees, agents, representatives, or subcontractors. The Broker agrees to include this provision in all of its subcontracts under the Contract.
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Independent Broker. DriveWealth LLC, which may provide execution, clearing, and brokerage related services to the Customer as part of the services provided hereunder;
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Independent Broker. The Broker and its employees, agents, representatives, and subcontractors are not employees or agents of the Department and are not entitled to the benefits of State employees. The Department will not be bound by any acts or conduct of the Broker or its employees, agents, representatives, or subcontractors. The Broker agrees to include this provision in all of its subcontracts under the Contract.
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Independent Broker. The Broker will act as an independent insurance broker and will be entitled to receive commissions as set forth in this Agreement. Under no circumstances will the Broker be considered an agent, partner or joint venture of CHENANGO. The Broker will not be entitled to reimbursement from CHENANGO for any expenses incurred in the performance of its responsibilities under this Agreement. As an independent insurance broker on behalf of (his) (her) client, Broker has the authority to refer submissions for insurance products to CHENANGO for placement by CHENANGO with insurers with which CHENANGO has a relationship. Broker has no authority to bind any risk or commit CHENANGO or any insurer to any risk, policy change, or course of action without prior written permission of CHENANGO and the insurer as set forth in Addendum “A” attached hereto. Any and all requests received by Broker for endorsements, amendments, cancellation, or modification of any policies placed through CHENANGO shall immediately be forwarded to CHENANGO. Broker shall immediately forward written notice of all occurrences, claims, suits or proceedings of any notice of which Broker receives written notice and which involve the insured, a policy holder, CHENANGO or the insurer and Broker agrees to cooperate and assist CHENANGO and the insurer in the adjustment of all such claims, suits or proceedings. Unless CHENANGO provides written authority to do so, Broker does not have the authority to commit CHENANGO or any insurer to pay for any loss occurring under any policy or coverage document, or to communicate any position or opinion to any insured or claimant as to whether any claim or loss is covered under any policy or coverage documents.
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Independent Broker. The Broker will act as an independent insurance broker and will be entitled to receive commissions as set forth in this Agreement. Under no circumstances will the Broker be considered an agent, partner or joint venture of CHENANGO. The Broker will not be entitled to reimbursement from CHENANGO for any expenses incurred in the performance of its responsibilities under this Agreement. As an independent insurance broker on behalf of (his) (her) client, Broker has the authority to refer submissions for insurance products to CHENANGO for placement by CHENANGO with insurers with which CHENANGO has a relationship. Broker has no authority to bind any risk or commit CHENANGO or any insurer to any risk, policy change, or course of action without prior written permission of CHENANGO and the insurer. Any and all requests received by Broker for endorsements, amendments, cancellation, or modification of any policies placed through CHENANGO shall immediately be forwarded to CHENANGO. Broker shall immediately forward written notice of all occurrences, claims, suits or proceedings of any notice of which Broker receives written notice and which involve the insured, a policy holder, CHENANGO or the insurer and Broker agrees to cooperate and assist CHENANGO and the insurer in the adjustment of all such claims, suits or proceedings. Unless CHENANGO provides written authority to do so, Broker does not have the authority to commit CHENANGO or any insurer to pay for any loss occurring under any policy or coverage document, or to communicate any position or opinion to any insured or claimant as to whether any claim or loss is covered under any policy or coverage documents.
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Independent Broker. Xxxxxx is an Independent Contractor and not an officer, agent, servant or employee of City. Broker has the exclusive control of and the exclusive right to control the details of the work performed hereunder and all persons performing it. Xxxxxx is responsible for the acts and omissions of its officers, agents, employees, Consultants, Sub-Consultants, Contractors, Subcontractors and brokers. The doctrine of respondeat superior does not apply as between City and Broker or those working for or under Broker. Nothing in this Agreement creates a relationship of employer-employee, principal-agent, partnership or joint venture between City and Broker. City is not and shall not be liable for injury to others arising from or relating to acts of omissions of Broker or those acting under Broker under this Agreement. Broker cannot and shall not bind City.
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Independent Broker. The parties acknowledge and agree that Xxxxxx is an independent party and nothing in this Agreement is intended nor shall be construed as creating a employer-employee, agent principal, partnership or joint venture relationship. Xxxxxx will not represent to third parties that he/she/it is an employee, agent partner or joint venture of GILA or of the insurance company in the provision of services under this Agreement. Xxxxxx will pay in a timely manner all income taxes, FICA taxes and other taxes relating to compensation paid by XXXX pursuant to this Agreement. Neither Broker or any of its officers, employees or agents shall have any claims against GILA or the insurance company for vacation pay, sick leave, retirement benefits of any kind. Xxxxxx understands and agrees that XXXX will not hold on behalf of Broker any sums owed for income tax, unemployment insurance, Social Security or any other withholding pursuant to any requirement of any governmental agency or subdivision relating to Broker or to make available to Broker any of the benefits afforded to the employees of GILA.
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Related to Independent Broker

  • Independent Parties For purposes of this Agreement, the Parties are independent contractors and neither may be considered an agent or an employee of the other. No joint venture, partnership or like relationship is created between the Parties by this Agreement.

  • Independent Entity 17.10.1 The SPD shall be an independent entity performing its obligations pursuant to the Agreement. 17.10.2 Subject to the provisions of the Agreement, the SPD shall be solely responsible for the manner in which its obligations under this Agreement are to be performed. All employees and representatives of the SPD or contractors engaged by the SPD in connection with the performance of the Agreement shall be under the complete control of the SPD and shall not be deemed to be employees, representatives, contractors of SECI and nothing contained in the Agreement or in any agreement or contract awarded by the SPD shall be construed to create any contractual relationship between any such employees, representatives or contractors and SECI.

  • Affiliated Brokers The Adviser or any of its affiliates may act as broker in connection with the purchase or sale of securities or other investments for a Fund, subject to: (i) the requirement that the Adviser seek to obtain best execution and price within the policy guidelines determined by the Board and set forth in the Fund’s current prospectus and SAI; (ii) the provisions of the 1940 Act; (iii) the provisions of the Advisers Act; (iv) the provisions of the 1934 Act; and (v) other provisions of applicable law. These brokerage services are not within the scope of the duties of the Adviser under this Agreement. Subject to the requirements of applicable law and any procedures adopted by the Board, the Adviser or its affiliates may receive brokerage commissions, fees or other remuneration from a Fund for these services in addition to the Adviser’s fees for services under this Agreement.

  • No Broker Neither Seller nor any Affiliate of Seller has dealt with any broker, investment banker, agent or other Person, except for Buyer or an Affiliate of Buyer, who may be entitled to any commission or compensation in connection with any Transaction.

  • Independent Entities Business Associate and Covered Entity are independent entities, and this Agreement will not establish any relationship of partnership, joint venture, employment, franchise, or agency between Business Associate and Covered Entity. Neither Business Associate nor Covered Entity will have the power to bind the other or incur obligations on the other Party’s behalf without the other Party’s prior written consent, except as otherwise expressly provided in this Agreement.

  • Participating Broker Dealer’s acceptance of this Agreement constitutes a representation and warranty to the Company and the Dealer Manager that Participating Broker-Dealer has established and implemented an anti-money laundering compliance program (“AML Program”) in accordance with applicable law, including applicable FINRA Rules, rules promulgated by the SEC and the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act (USA PATRIOT Act) of 2001, as amended by the USA Patriot Improvement and Reauthorization Act of 2005 (the “USA PATRIOT Act”), specifically including, but not limited to, Section 352 of the International Money Laundering Abatement and Anti-Terrorist Financing Act of 2001 (the “Money Laundering Abatement Act” and together with the USA PATRIOT Act, the “AML Rules”), reasonably expected to detect and cause the reporting of suspicious transactions in connection with the sale of Primary Shares. Participating Broker-Dealer covenants that it will perform all activities it is required to perform by applicable AML Rules and its AML Program with respect to all customers on whose behalf Participating Broker-Dealer submits orders to the Company. To the extent permitted by applicable law, Participating Broker-Dealer will share information with the Dealer Manager and the Company for purposes of ascertaining whether a suspicious activity report is warranted with respect to any suspicious transaction involving the purchase or intended purchase of Primary Shares. Upon request by the Dealer Manager at any time, Participating Broker-Dealer hereby agrees to (i) furnish a written copy of its AML Program and relevant legal requirements to the Dealer Manager for review, and (ii) furnish a copy of the findings and any remedial actions taken in connection with Participating Broker-Dealer’s most recent independent testing of its AML Program. Participating Broker-Dealer further represents and warrants that (i) it is currently in compliance with all AML Rules, specifically including, but not limited to, the Customer Identification Program requirements under Section 326 of the Money Laundering Abatement Act and Participating Broker-Dealer will remain in compliance with such requirements, (ii) it has Know Your Customer (KYC) policies and procedures in place, (iii) the Participating Broker-Dealer’s AML Program has been adopted by a person with sufficient authority to oversee the AML policies and procedures, and (iv) the Participating Broker-Dealer’s AML Program has education and/or training programs for officers and employees regarding AML policies and procedures. Participating Dealer shall, upon request by the Dealer Manager, provide a certification to Dealer Manager that, as of the date of such certification (i) its AML Program is consistent with the AML Rules, (ii) it has continued to implement its AML Program and has complied with the provisions of its AML Program, and (iii) it is currently in compliance with all AML Rules, specifically including, but not limited to, the Customer Identification Program requirements under Section 326 of the Money Laundering Abatement Act.

  • The Broker Dealer understands and agrees that in performing the services covered by this Agreement, it is acting in the capacity of an independent contractor and not as an agent or employee of PEPCO, and that it is not authorized to act for, or make any representation on behalf of, PEPCO or the Insurer except as specified herein. Broker-Dealer understands and agrees that PEPCO shall execute telephone transfer orders only in accordance with the terms and conditions of the then current prospectus applicable to the contracts and/or policies and agrees that, in consideration for the Broker-Dealer's right to exercise the telephone transfer privilege, neither PEPCO nor the Insurer will be liable for any loss, injury or damage incurred as a result of acting upon, nor will they be held responsible for the authenticity of, any telephone instructions containing unauthorized, incorrect or incomplete information. Broker-Dealer agrees to indemnify and hold harmless PEPCO and the Insurer against any loss, injury or damage resulting from any telephone exchange instruction containing unauthorized, incorrect or incomplete information received from Broker-Dealer or any of its registered representatives. (Telephone instructions are recorded on tape.)

  • Advisor BY: /S/ XXXX X. XXXX -------------------------- NAME: XXXX X. XXXX TITLE: SENIOR VICE PRESIDENT INVESCO POWERSHARES CAPITAL MANAGEMENT LLC Sub-Advisor BY: /S/ XXXXXX XXXXXXXXXXX -------------------------- NAME: XXXXXX XXXXXXXXXXX TITLE: MANAGING DIRECTOR OF US STRATEGY AND MARKETING Sub-Item 77Q1(e) AMENDMENT NO. 9 TO SUB-ADVISORY CONTRACT This Amendment dated as of December 21, 2015, amends the Sub-Advisory Contract (the "Contract") between Invesco Advisers, Inc. (the "Advisor") and Invesco PowerShares Capital Management LLC (the "Sub-Advisor").

  • Adviser The Adviser represents and warrants to the Subadviser that (i) the retention of the Subadviser by the Adviser as contemplated by this Agreement is authorized by the respective governing documents of the Trust and the Adviser; (ii) the execution, delivery and performance of each of this Agreement and the Advisory Agreement does not violate any obligation by which the Trust or the Adviser or their respective property is bound, whether arising by contract, operation of law or otherwise; and (iii) each of this Agreement and the Advisory Agreement has been duly authorized by appropriate action of the Trust and the Adviser and when executed and delivered by the Adviser will be the legal, valid and binding obligation of the Trust and the Adviser, enforceable against the Trust and Adviser in accordance with its terms hereof subject, as to enforcement, to applicable bankruptcy, insolvency and similar laws affecting creditors’ rights generally and to general equitable principles (regardless of whether enforcement is sought in a proceeding in equity or law).

  • Independent Auditor If: (a) the Provider is the Distributor and, acting reasonably, gives notice that the Records contain information about other industry participants that cannot reasonably be severed from the information relating to the Trader or that the information is commercially sensitive; or (b) the provider is the Trader and, acting reasonably, gives notice that the Records contain information about other industry participants that cannot reasonably be severed from information relating to the Distributor or that the information is commercially sensitive, then the Distributor or the Trader, as appropriate, will permit an independent auditor (the “Auditor”) appointed by the other party to review the Records and the other party will not itself directly review any of the Records. The Distributor or the Trader, as appropriate, will not unreasonably object to the Auditor appointed by the other party. In the event that the Distributor or the Trader, as appropriate, reasonably objects to the identity of the Auditor, the parties will request the President of the New Zealand Law Society (or a nominee) to appoint a person to act as the Auditor. The party that is permitted by this clause 31.5 to appoint an Auditor will pay the Auditor’s costs, unless the Auditor discovers a material inaccuracy in the Records in which case the other party will pay the Auditor’s costs. The terms of appointment of the Auditor will require the Auditor to keep the Records confidential.

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