Common use of Relationship of Broker to Owner Clause in Contracts

Relationship of Broker to Owner. The relationship of the parties to this Agreement shall be 33 that of principal and agent, and all duties to be performed by Broker under this Agreement shall be on behalf of 34 Owner, in Owner’s name and for Owner’s account. In taking any action under this Agreement, Broker shall be 35 acting only as agent for Owner, and nothing in this Agreement shall be construed as creating a partnership, joint 36 venture or any other relationship between the parties or as requiring Broker to bear any portion of losses arising 37 out of or connected with the ownership or operation of the Property. Broker shall not at any time during the 38 period of this Agreement be considered a direct employee of Owner. Neither party shall have the power to bind 39 or obligate the other except as expressly set forth in this Agreement, except that Broker is authorized to act with 40 such additional power as may be necessary to carry out the spirit and intent of this Agreement. Broker, under this 41 Agreement, shall not be responsible for delays in the performance of any obligation unless there is an intentional 42 delay caused by Broker or its agents and employees.

Relationship of Broker to Owner. The relationship of the parties to this Agreement shall be 33 that of principal and agent, and all duties to be performed by Broker Xxxxxx under this Agreement shall be on behalf of 34 Owner, in Owner’s name and for Owner’s account. In taking any action under this Agreement, Broker shall be 35 acting only as agent for Owner, and nothing in this Agreement shall be construed as creating a partnership, joint 36 venture or any other relationship between the parties or as requiring Broker to bear any portion of losses arising 37 out of or connected with the ownership or operation of the Property. Broker shall not at any time during the 38 period of this Agreement be considered a direct employee of Owner. Neither party shall have the power to bind 39 or obligate the other except as expressly set forth in this Agreement, except that Broker is authorized to act with 40 such additional power as may be necessary to carry out the spirit and intent of this Agreement. Broker, under this 41 Agreement, shall not be responsible for delays in the performance of any obligation unless there is an intentional 42 delay caused by Broker or its agents and employees.

Relationship of Broker to Owner. The relationship of the parties to this Agreement shall be 33 that of 34 principal and agent, and all duties to be performed by Broker under this Agreement shall be on behalf of 34 Owner, in 35 Owner’s 's name and for Owner’s 's account. In taking any action under this Agreement, Broker shall be 35 acting only as 36 agent for Owner, and nothing in this Agreement shall be construed as creating a partnership, joint 36 venture or any 37 other relationship between the parties or as requiring Broker to bear any portion of losses arising 37 out of or connected 38 with the ownership or operation of the Property. Broker shall not at any time during the 38 period of this Agreement be 39 considered a direct employee of Owner. Neither party shall have the power to bind 39 or obligate the other except as 40 expressly set forth in this Agreement, except that Broker is authorized to act with 40 such additional power as may be 41 necessary to carry out the spirit and intent of this Agreement. Broker, under this 41 Agreement, shall not be responsible 42 for delays in the performance of any obligation unless there is an intentional 42 delay caused by Broker or its agents and 43 employees.

Relationship of Broker to Owner. The relationship of the parties to this Agreement shall be 33 that of 34 principal and agent, and all duties to be performed by Broker under this Agreement shall be on behalf of 34 Owner, in 35 Owner’s 's name and for Owner’s 's account. In taking any action under this Agreement, Broker shall be 35 acting only as 36 agent for Owner, and nothing in this Agreement shall be construed as creating a partnership, joint 36 venture or any 37 other relationship between the parties or as requiring Broker to bear any portion of losses arising 37 out of or connected 38 with the ownership or operation of the Property. Broker shall not at any time during the 38 period of this Agreement be 39 considered a direct employee of Owner. Neither party shall have the power to bind 39 or obligate the other except as 40 expressly set forth in this Agreement, except that Broker is authorized to act with 40 such additional power as may be 41 necessary to carry out the spirit and intent of this Agreement. Broker, under this 41 Agreement, shall not be responsible 42 for delays in the performance of any obligation unless there is an intentional 42 delay caused by Broker or its agents and 43 employees.. 44

Relationship of Broker to Owner. The relationship of the parties Parties to this Agreement shall be 33 38 that of principal and agent, and all duties to be performed by Broker Xxxxxx under this Agreement shall be on behalf of 34 39 Owner, in Owner’s name and for Owner’s account. In taking any action under this Agreement, Broker shall be 35 40 acting only as agent for Owner, and nothing in this Agreement shall be construed as creating a partnership, joint 36 41 venture or any other relationship between the parties Parties or as requiring Broker to bear any portion of losses arising 37 42 out of or connected with the ownership or operation of the Property. Broker shall not at any time during the 38 43 period of this Agreement be considered a direct employee of Owner. Neither party Party shall have the power to bind 39 44 or obligate the other except as expressly set forth in this Agreement, except that Broker is authorized to act with 40 45 such additional power as may be necessary to carry out the spirit and intent of this Agreement. Broker, under this 41 46 Agreement, shall not be responsible for delays in the performance of any obligation unless there is an intentional 42 47 delay caused solely by Broker or Broker, its agents and or employees.

Relationship of Broker to Owner. The relationship of the parties to this Agreement shall be 33 that of 34 principal and agent, and all duties to be performed by Broker Xxxxxx under this Agreement shall be on behalf of 34 Owner, in 35 Owner’s 's name and for Owner’s 's account. In taking any action under this Agreement, Broker Xxxxxx shall be 35 acting only as 36 agent for Owner, and nothing in this Agreement shall be construed as creating a partnership, joint 36 venture or any 37 other relationship between the parties or as requiring Broker to bear any portion of losses arising 37 out of or connected 38 with the ownership or operation of the Property. Broker shall not at any time during the 38 period of this Agreement be 39 considered a direct employee of Owner. Neither party shall have the power to bind 39 or obligate the other except as 40 expressly set forth in this Agreement, except that Broker is authorized to act with 40 such additional power as may be 41 necessary to carry out the spirit and intent of this Agreement. Broker, under this 41 Agreement, shall not be responsible 42 for delays in the performance of any obligation unless there is an intentional 42 delay caused by Broker or its agents and 43 employees.. 44

Relationship of Broker to Owner. The relationship of the parties Parties to this Agreement shall be 33 38 that of principal and agent, and all duties to be performed by Broker under this Agreement shall be on behalf of 34 39 Owner, in Owner’s 's name and for Owner’s 's account. In taking any action under this Agreement, Broker shall be 35 40 acting only as agent for Owner, and nothing in this Agreement shall be construed as creating a partnership, joint 36 41 venture or any other relationship between the parties Parties or as requiring Broker to bear any portion of losses arising 37 42 out of or connected with the ownership or operation of the Property. Broker shall not at any time during the 38 43 period of this Agreement be considered a direct employee of Owner. Neither party Party shall have the power to bind 39 44 or obligate the other except as expressly set forth in this Agreement, except that Broker is authorized to act with 40 45 such additional power as may be necessary to carry out the spirit and intent of this Agreement. Broker, under this 41 46 Agreement, shall not be responsible for delays in the performance of any obligation unless there is an intentional 42 47 delay caused solely by Broker or Broker, its agents and or employees.

Relationship of Broker to Owner. The relationship of the parties Parties to this Agreement shall be 33 that 38 of principal and agent, and all duties to be performed by Broker Xxxxxx under this Agreement shall be on behalf of 34 Owner, 39 in Owner’s 's name and for Owner’s 's account. In taking any action under this Agreement, Broker shall be 35 acting only 40 as agent for Owner, and nothing in this Agreement shall be construed as creating a partnership, joint 36 venture or any 41 other relationship between the parties Parties or as requiring Broker to bear any portion of losses arising 37 out of or connected 42 with the ownership or operation of the Property. Broker shall not at any time during the 38 period of this Agreement 43 be considered a direct employee of Owner. Neither party Party shall have the power to bind 39 or obligate the other except 44 as expressly set forth in this Agreement, except that Broker is authorized to act with 40 such additional power as may 45 be necessary to carry out the spirit and intent of this Agreement. Broker, under this 41 Agreement, shall not be 46 responsible for delays in the performance of any obligation unless there is an intentional 42 delay caused solely by Broker or 47 Broker, its agents and or employees.