No Authority to Accept Premium Payments Sample Clauses

No Authority to Accept Premium Payments. The Producer will have no authority to accept premium payments in connection with Policies. In the event the Producer inadvertently or mistakenly receives a premium payment, the Producer will immediately deliver the payment to the General Agent without set off or deduction of any kind. The Producer agrees that all premiums received by the Producer will be held by the Producer as trustee and in a fiduciary capacity for the General Agent until delivered to the General Agent. In the event the Producer receives a check made out to the Company or the General Agent, the Producer will promptly forward the check to the General Agent.
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Related to No Authority to Accept Premium Payments

  • No Authority to Bind Neither party has the power or authority to bind the other party to contracts or other obligations.

  • Authority to act on behalf of Concessionaire 36.2.1 During the period of Suspension, the Authority shall, on behalf of the Concessionaire, collect all Fee and revenues under and in accordance with this Agreement and deposit the same in the Escrow Account. The Authority shall be entitled to make withdrawals from the Escrow Account for meeting the costs incurred by it for remedying and rectifying the cause of Suspension, and thereafter for defraying the expenses specified in Clause 31.3.

  • Authority to Bind Contractor The signatory for the Contractor represents that he/she has been duly authorized to execute this Contract on behalf of the Contractor and has obtained all necessary or applicable approvals to make this Contract fully binding upon the Contractor when his/her signature is affixed, and accepted by the State.

  • Authority To Bid a. If the sale is restricted to an individual and not to be sold to a company, society, firm or body corporate as specified by the Developer and/or Proprietor and/or State Authorities and/or relevant bodies, the Property shall be sold to the individual person only.

  • RIGHT TO AUDIT; SUPPORTING DOCUMENTS; AUTHORITY OF STATE AUDITOR By executing this Agreement, implementing the authority of, and accepting the benefits provided by Chapter 313 of the TEXAS TAX CODE, the Parties agree that this Agreement and their performance pursuant to its terms are subject to review and audit by the State Auditor as if they are parties to a State contract and subject to the provisions of Section 2262.154 of the TEXAS GOVERNMENT CODE and Section 313.010(a) of the TEXAS TAX CODE. The Parties further agree to comply with the following requirements:

  • Authority to Sign If this document is not signed by all of the persons comprising the Supplier, any person who has signed this document warrants to DFMC that it is duly authorised to sign and bind all the persons comprising the Supplier.

  • Authority to Bind Each individual who executes this Agreement on behalf of a party represents that he/she is duly authorized to execute this Agreement on behalf of that party and is operating within the scope of his/her authority.

  • Sign up with us If you let us know you are using this articulation agreement we can stay in touch with you and provide information and advising to you while you are still at your community college.

  • No Authority This Agreement shall not create, nor shall it be deemed to create, the relationship of employer and employee, principal and agent, partnership, or joint venture, between City and Confidant. Confidant has no authority whatsoever to make any representation in respect of, enter any commitment on behalf of, or incur any liability for or on behalf of, City, or to bind or purport to bind City to any Third Party in any way whatsoever.

  • Caiso and Participating to Authority 13.5.1 General 13.5.2 Reduction and Disconnection 13.6 Interconnection Customer Authority 13.7 Limited Liability

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