LIMITS ON PRUDENTIAL'S AUTHORITY Clause Samples

LIMITS ON PRUDENTIAL'S AUTHORITY. (1) Apart from this Agreement, neither PIMS nor Prudential shall bind or obligate Broker in any way. In all of its activities under this Agreement, PIMS agrees to assist Broker in the offer and sale of the Products and Services, and not act as an agent of Broker, and shall not hold itself out as such. PIMS shall not have any authority to assume or create any obligation or contract, express or implied, on behalf of Broker. (2) Neither PIMS nor any of PIMS's employees or representatives shall be considered employees of or persons associated with Broker for purposes of any federal or state securities law or regulation, or otherwise. (3) Prudential and PIMS are not authorized to use the name of Broker or its affiliates in advertising or promoting their business without the prior written consent of Broker.