Obligations of the Broker. 1.1. The Broker agrees to refer leads received under this agreement to a nominated Finance provider with a view to procuring an agreed level of cover or finance for the client.
1.2. The Broker shall pay the Agent a commission in accordance with the provisions of the schedule or in accordance with such other commission rates as agreed in writing from time to time by the parties.
1.3. The Broker shall provide full details of progress relating to any leads provided by the Agent at any time requested by the same Company.
1.4. The Broker agrees to hold and process any of the data received from the Agent under the provisions of the Data Protection Xxx 0000.
Obligations of the Broker. 3.1. The Broker shall endeavor to provide the solutions to advertise the Property during the Term and shall devote time and effort as is reasonably necessary to initiate and conduct negotiations for the sale of the Property to prospective Buyers.
3.2. The Broker provides inspection of the Property before the transaction without interfering into the business activity of the Seller.
Obligations of the Broker. Provision of adequate information around any known health and safety hazards is provided to the service provider Checking that the service provider has the appropriately trained staff to undertake the work safely Provision of adequate funding to undertake any required health and safety obligations e.g. initial home/client assessment if not provided and provision of specific training e.g. use of client equipment, seizure management, behaviour support plan etc. Clear service agreement outlining health and safety responsibilities of all parties e.g. who is responsible for obtaining specialist assessments or organising equipment maintenance/repair Monitoring arrangements to ensure that health and safety obligations are being met e.g. contact with client, receipt of inspection reports, hazard and incident reports, regular contact with provider to ensure all hazards adequately addressed.
Obligations of the Broker. 2.1. The Broker shall market the PPI Service to its clients and get the information required by the Application Form from the appropriate clients.
2.2. The Broker shall explain the fee structure carefully to its clients before submitting the completed Application Form on its client’s behalf to PPI Exchange.
2.3. The Broker shall comply with all relevant laws.
2.4. The Broker shall not deal with or communicate, with any provider of services in competition with the PPI Service, in connection with any claim that PPI has been mis-sold.
2.5. The Broker shall not give any representations, warranties or other promises concerning the PPI Services, which are not contained within PPI Exchange’s marketing material.
2.6. The Broker shall not produce any marketing material for the PPI Services or use PPI Exchange’s name, logo or trade marks on any marketing material marketing the PPI Service without the prior written consent of PPI Exchange and shall cease to do so, when requested.
2.7. The Broker will not handle any client money in connection with the PPI Service, nor will the Broker charge any fee directly to a client of the Broker Introduced to PPI Exchange.
2.8. The Broker will assist PPI Exchange in providing the PPI Service and will liase with its clients where necessary, including chasing payment of fees if overdue.
2.9. If there is a dispute between two brokers in relation to a single client, the client is deemed to be introduced by the broker who first produced a signed application and letter of authority from the client.
Obligations of the Broker. 7.1 The Broker undertakes to :
i. scrupulously comply with all the Additional Guidelines of the Insurer concerning the AIG ONLINE System.
ii. separately manage the Policies underwritten in the context of this Amendment and the Policies underwritten with the Insurer outside the context of this Amendment.
Obligations of the Broker. 3.1 The Broker will perform the Services with the reasonable skill and care to be expected of a professional shipbroker.
3.2 In dealing with other parties the Broker will take care to stay within the authority given by the Principal and to avoid misrepresentations.
3.3 During the Negotiations the Broker undertakes to pass on offers, counteroffers and such other communications accurately and in a timely manner. This obligation applies to passing communications to and from the Principal.
3.4 If the Broker is acting directly for a Principal then the Broker warrants that the Broker has the authority to fully represent such Principal.
3.5 If at any time the Broker provides information in respect of a Principal, including but not limited to information regarding corporate structures or financial standing, it is understood and agreed that in relation to the Broker such information is provided in good faith but without any guarantee as to the accuracy of such information. All prices mentioned are net and exclude any third party commissions. Any Ship is offered on “as is, where is basis” unless otherwise advised. It is the sole obligation of the Principal to satisfy itself of any counterparty risk and decide whether to enter into a Fixture with the proposed counterparty and on what terms.
3.6 Unless otherwise agreed in writing the Services are not provided on an exclusive basis and it is understood that the Broker may act as a shipbroker for other parties in relation to the same or other Fixtures. In the event the Broker is dealing directly with two Principals in relation to the same Fixture, the Broker’s duties will be to pass on offers, counteroffers and other such communications accurately and in a timely manner as authorized by each Principal in turn.
Obligations of the Broker. 10.1. The Broker shall not be liable for any loss or damage whether direct or indirect resulting from any delay, or inaccurate transmission of orders, instructions, or other information due to the malfunctioning of communication systems. The Broker shall only be responsible for errors or actions which are due to the Broker’s intentional gross negligence or fraud. The Broker shall not in any way be responsible for any acts of the MSM, the MCD or any other third party.
10.2. The Broker shall not be liable for loss of the Client’s Securities resulting directly or indirectly from bankruptcy, placing under custody or liquidation of any clearing broker, or any member of the clearinghouse or any other entity.
10.3. The Broker shall undertake to notify the Client in writing whenever possible or by fax, telephone, email or any other means regarding every Trade executed on behalf of the Client. If the Client does not receive confirmation, the Client should contact the Broker prior to commencement of trading on the following day to confirm execution of the Trade order, failing which the Client shall be deemed to be aware of the Trade.
10.4. The Broker has the right to verify the availability of funds in the Client’s Brokerage Account, prior to executing orders issued by the Client. The Broker may refuse to carry out any Trade due to the non-availability of sufficient funds in the Brokerage Account unless the Client provides the Broker with cash sufficient to execute the orders.
Obligations of the Broker. 3.1 The Broker shall:
3.1.1 Open a Brokerage Account for the Client provided the Client satisfies the requirements for the operation of the Brokerage Account;
3.1.2 Accept the Client’s buy or sell orders, and use its best endeavour to obtain the best terms or trading results for the Client subject to market conditions, for orders not routed through the Online Platform;
Obligations of the Broker. The Broker hereby agrees that it shall:
Obligations of the Broker. 2.1 The Broker shall at all times comply with all laws, legislations, statutory rules, regulations, codes and guidelines of government and regulatory authorities and the rules and regulations of [***] being in force from time to time.
2.2 The Broker acknowledges that there is no employer-employee relationship, principal and agent relationship, joint-venture or partnership either expressed or implied between [***] and the Broker, and nothing contained in this Agreement shall be construed to create such relationships. The Broker shall not act in a manner which expresses or implies a relationship other than that of independent contracting parties between the Broker and [***] nor seek to bind [***].
2.3 The Broker shall not directly or indirectly induce or attempt to induce any client to convert, lapse, forfeit or surrender his ‘her insurance policy or terminate his/her business relationship with [***].
2.4 The Broker shall use such forms, documents and materials as may from time to time be supplied to it by [***] without any unauthorized alteration. The Broker shall not create, endeavour to create, use, or endeavor to use any forms, documents and materials which are not prepared by [***] without [***]’s prior written approval. The Broker shall not amend or alter any information and/or documents provided by any insurance applicant or client without obtaining his/her consent, Any application form received by the Broker must be promptly forwarded to [***].
2.5 During the term of this Agreement, the Broker agrees that it shall:
(a) bear all fees and expenses incurred and reimburse [***] of any fees and expenses incurred in arranging contracts of insurance with [***], unless otherwise specifically agreed to in writing by [***];
(b) at all times observe and honour the confidential nature of [***]’s business information and trade secrets which had come into the Broker’s knowledge from time to time;
(c) promptly disclose to [***] in writing every fact and information within its knowledge relevant to the acceptance of risk and/or business from the Broker by [***] and shall promptly and accurately set out to [***] in writing every fact disclosed to it by the proposed insured and/or any person relevant to the acceptance of risk or business by [***];
(d) promptly give notice in writing to [***] whenever it receives notices of loss or claim made or to be made under a policy or a contract, or of any breach of insurance condition, or of any assignment or intention of assign...
