Common use of Obligations of the Introducer Clause in Contracts

Obligations of the Introducer. 5.1. The Introducer undertakes to introduce Customers and Loan Proposals in an expert and diligent manner, acting in good faith, to the best of its ability and in compliance with all Applicable Requirements. 5.2. The Introducer shall promptly comply with all reasonable requests which may be made by UTB. 5.3. The Introducer will provide such assistance as UTB may reasonably request to minimise any loss to UTB resulting from a breach by a Customer of any of the terms and conditions of a Loan Offer. 5.4. The Introducer undertakes to UTB that it holds all necessary licences, permissions and authorities required in connection with introducing the Loan Proposal and shall upon the request of UTB provide to UTB evidence of same. 5.5. The Introducer will notify UTB of any correspondence received by it from a relevant regulatory body regarding a breach or failure to comply with their requirements. 5.6. The Introducer shall disclose to any Customer the receipt or anticipated receipt of Commission by the Introducer from UTB prior to submitting any Loan Proposal. 5.7. The Introducer shall provide any Customer with the UTB Privacy Notice prior to passing any relevant information, as defined under Data Protection Laws, to UTB. The UTB Privacy Notice can be found at xxx.xxxxxx.xx.xx. 5.8. The Introducer shall notify UTB of any prior submission of a proposal to another lender, and the outcome of that submission. 5.9. The Introducer shall disclose to UTB the source of the Customer or Loan Proposal. 5.10. The Introducer will give UTB reasonable notice of any claim, demand or action of which it becomes aware in respect of any Customer or Loan Proposal introduced to UTB. 5.11. The Introducer acknowledges and agrees it will, during and after this Agreement provide to UTB all reasonable assistance in connection with any claim, demand or action made in respect of any Loan Offer. 5.12. The Introducer undertakes to maintain procedures to ensure compliance with all Applicable Requirements (including without limit Anti-Bribery Legislation, Anti-Money Laundering Legislation, the MSA and, without prejudice to clause 8, Data Protection Laws) and to ensure that these are followed by their staff. 5.13. The Introducer will not produce or distribute any documentation containing UTB’s name, logos or trademarks without UTB’s written consent save where it is doing so for the purpose for which UTB supplied the Introducer with the documentation. 5.14. The Introducer will not provide copies of UTB’s Loan Offer, documentation or any indication of terms to any other lender and will take all reasonable steps to ensure that the Customer does not do so. 5.15. Notwithstanding, and without prejudice to, clause 6.1, the Introducer will notify UTB immediately if they become aware of any fact or information which suggests that information previously provided to UTB may be erroneous.

Obligations of the Introducer. 5.1. The Introducer undertakes to introduce Customers and Loan Proposals in an expert and diligent manner, acting in good faith, to the best of its ability and in compliance with all Applicable Requirements. 5.2. The Introducer shall promptly comply with all reasonable requests which may be made by UTB. 5.3. The Introducer will provide such assistance as UTB may reasonably request to minimise any loss to UTB resulting from a breach by a Customer of any of the terms and conditions of a Loan Offer. 5.4. The Introducer undertakes to UTB that it holds all necessary licences, permissions and authorities required in connection with introducing the Loan Proposal and shall upon the request of UTB provide to UTB evidence of same. 5.5. The Introducer will notify UTB of any correspondence received by it from a relevant regulatory body regarding a breach or failure to comply with their requirements.. B: 23272 PD.INTRODUCER.TOB 11/24 5.6. The Introducer shall disclose to any Customer the receipt or anticipated receipt of Commission by the Introducer from UTB prior to submitting any Loan Proposal. 5.7. The Introducer shall provide any Customer with the UTB Privacy Notice prior to passing any relevant information, as defined under Data Protection Laws, to UTB. The UTB Privacy Notice can be found at xxx.xxxxxx.xx.xx. 5.8. The Introducer shall notify UTB of any prior submission of a proposal to another lender, and the outcome of that submission. 5.9. The Introducer shall disclose to UTB the source of the Customer or Loan Proposal. 5.10. The Introducer will give UTB reasonable notice of any claim, demand or action of which it becomes aware in respect of any Customer or Loan Proposal introduced to UTB. 5.11. The Introducer acknowledges and agrees it will, during and after this Agreement provide to UTB all reasonable assistance in connection with any claim, demand or action made in respect of any Loan Offer. 5.12. The Introducer undertakes to maintain procedures to ensure compliance with all Applicable Requirements (including without limit Anti-Bribery Legislation, Anti-Money Laundering Legislation, the MSA and, without prejudice to clause 8, Data Protection Laws) and to ensure that these are followed by their staff. 5.13. The Introducer will not produce or distribute any documentation containing UTB’s name, logos or trademarks without UTB’s written consent save where it is doing so for the purpose for which UTB supplied the Introducer with the documentation. 5.14. The Introducer will not provide copies of UTB’s Loan Offer, documentation or any indication of terms to any other lender and will take all reasonable steps to ensure that the Customer does not do so. 5.15. Notwithstanding, and without prejudice to, clause 6.1, the Introducer will notify UTB immediately if they become aware of any fact or information which suggests that information previously provided to UTB may be erroneous.

Obligations of the Introducer. 5.17.1. The Introducer undertakes to introduce Customers carry out the services and Loan Proposals activities contemplated by this Agreement in an expert and diligent manner, acting in good faith, manner and to the best of its ability ability, and in compliance with all Applicable Requirements. 5.2. The Introducer shall promptly comply with all reasonable requests which may be made by UTB. Without limiting the foregoing the Introducer undertakes to carry out the services and activities contemplated by this Agreement in accordance with all Applicable Requirements. 5.37.2. The Introducer will provide such assistance as UTB may reasonably request to minimise any loss to UTB resulting from a breach by a Customer of any of the terms and conditions of a Loan OfferQualifying Finance Agreement and to support UTB in arranging recovery, storage or disposal of the Equipment if requested to do so by UTB subject to UTB agreeing to any payment for storage in writing. Nothing in this Agreement shall require or entitle the Introducer to commence any legal proceedings or take any steps to repossess Equipment without the express written permission of UTB. 5.47.3. The Introducer undertakes to UTB that it holds all necessary licences, permissions and authorities required in connection with introducing the Loan Proposal and shall upon the request of UTB provide to UTB evidence confirmation of same. 5.5its authorisation by the FCA or any other Regulatory Authority. 18498 IntroAgree 05/18 7.4. The Introducer will notify UTB of any correspondence received by it from a relevant regulatory body Regulatory Authority regarding a breach or failure to comply with their requirementsany Applicable Requirements. 5.67.5. The Introducer shall disclose to any Customer Customer, to whom the Introducer owes a fiduciary duty, the receipt or anticipated receipt of Commission by the Introducer from UTB prior to submitting any Loan Proposal.Proposal Form. Introducer Signature 5.77.6. The Introducer shall provide any Customer with the UTB form of Privacy Notice used for this purpose by UTB from time to time prior to passing any relevant information, as defined under Data Protection LawsGDPR, to UTBUTB (the “UTB Privacy Notice”). The UTB Privacy Notice can be found at xxx.xxxxxx.xx.xx. 5.87.7. The Introducer shall notify UTB of any prior submission of a proposal to another lenderfinance house, and the outcome of that submission. 5.97.8. The Introducer shall disclose to UTB the source of the Customer or Loan Proposalbusiness. UTB may decline the proposal if it emanates from another finance broker. 5.107.9. The Introducer will give UTB reasonable notice of any claim, demand or action of which it becomes aware in respect of any Customer Finance Agreement or Loan Proposal introduced to UTBQualifying Finance Agreement. 5.117.10. The Introducer acknowledges and agrees it will, during and after this Agreement provide to UTB all reasonable assistance in connection with any claim, demand or action made in respect of any Loan OfferFinance Agreement or Qualifying Finance Agreement. 5.12. The Introducer undertakes to maintain procedures to ensure compliance with all Applicable Requirements (including without limit Anti-Bribery Legislation, Anti-Money Laundering Legislation, the MSA and, without prejudice to clause 8, Data Protection Laws) and to ensure that these are followed by their staff. 5.13. The Introducer will not produce or distribute any documentation containing UTB’s name, logos or trademarks without UTB’s written consent save where it is doing so for the purpose for which UTB supplied the Introducer with the documentation. 5.14. The Introducer will not provide copies of UTB’s Loan Offer, documentation or any indication of terms to any other lender and will take all reasonable steps to ensure that the Customer does not do so. 5.15. Notwithstanding, and without prejudice to, clause 6.1, the Introducer will notify UTB immediately if they become aware of any fact or information which suggests that information previously provided to UTB may be erroneous.

Obligations of the Introducer. 5.17.1. The Introducer undertakes to introduce Customers carry out the services and Loan Proposals activities contemplated by this Agreement in an expert and diligent manner, acting in good faith, manner and to the best of its ability ability, and in compliance with all Applicable Requirements. 5.2. The Introducer shall promptly comply with all reasonable requests which may be made by UTB. Without limiting the foregoing the Introducer undertakes to carry out the services and activities contemplated by this Agreement in accordance with all Applicable Requirements. 5.37.2. The Introducer will provide such assistance as UTB may reasonably request to minimise any loss to UTB resulting from a breach by a Customer of any of the terms and conditions of a Loan OfferQualifying Finance Agreement and to support UTB in arranging recovery, storage or disposal of the Equipment if requested to do so by UTB subject to UTB agreeing to any payment for storage in writing. Nothing in this Agreement shall require or entitle the Introducer to commence any legal proceedings or take any steps to repossess Equipment without the express written permission of UTB. 5.47.3. The Introducer undertakes to UTB that it holds all necessary licences, permissions and authorities required in connection with introducing the Loan Proposal and shall upon the request of UTB provide to UTB evidence confirmation of sameits authorisation by the FCA or any other Regulatory Authority. 5.57.4. The Introducer will notify UTB of any correspondence received by it from a relevant regulatory body Regulatory Authority regarding a breach or failure to comply with their requirementsany Applicable Requirements. 5.67.5. The Introducer shall disclose to any Customer Customer, to whom the Introducer owes a fiduciary duty, the receipt or anticipated receipt of Commission by the Introducer from UTB prior to submitting any Loan ProposalProposal Form. 5.77.6. The Introducer shall provide any Customer with the UTB form of Privacy Notice used for this purpose by UTB from time to time prior to passing any relevant information, as defined under Data Protection LawsGDPR, to UTBUTB (the “UTB Privacy Notice”). The UTB Privacy Notice can be found at xxx.xxxxxx.xx.xx. 5.87.7. The Introducer shall notify UTB of any prior submission of a proposal to another lenderfinance house, and the outcome of that submission. 5.97.8. The Introducer shall disclose to UTB the source of the Customer or Loan Proposalbusiness. UTB may decline the proposal if it emanates from another finance broker. 5.107.9. The Introducer will give UTB reasonable notice of any claim, demand or action of which it becomes aware in respect of any Customer Finance Agreement or Loan Proposal introduced to UTBQualifying Finance Agreement. 5.117.10. The Introducer acknowledges and agrees it will, during and after this Agreement provide to UTB all reasonable assistance in connection with any claim, demand or action made in respect of any Loan OfferFinance Agreement or Qualifying Finance Agreement. 5.12. The Introducer undertakes to maintain procedures to ensure compliance with all Applicable Requirements (including without limit Anti-Bribery Legislation, Anti-Money Laundering Legislation, the MSA and, without prejudice to clause 8, Data Protection Laws) and to ensure that these are followed by their staff. 5.13. The Introducer will not produce or distribute any documentation containing UTB’s name, logos or trademarks without UTB’s written consent save where it is doing so for the purpose for which UTB supplied the Introducer with the documentation. 5.14. The Introducer will not provide copies of UTB’s Loan Offer, documentation or any indication of terms to any other lender and will take all reasonable steps to ensure that the Customer does not do so. 5.15. Notwithstanding, and without prejudice to, clause 6.1, the Introducer will notify UTB immediately if they become aware of any fact or information which suggests that information previously provided to UTB may be erroneous.