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

Relationship of Broker to Owner. The relationship of the parties to this Agreement shall be that of principal and Agent, and all duties to be performed by Broker Xxxxxx under this Agreement shall be on behalf of Owner, in Owner’s name and for Owner’s account. In taking any action under this Agreement, Broker Xxxxxx shall be acting only as Agent for Owner, and nothing in this Agreement shall be construed as creating a partnership, joint venture or any other relationship between the parties or as requiring Broker to bear any portion of losses arising out of or connected with the ownership or operation of the Property. Broker shall not at any time t ime during the period of this Agreement be considered a direct employee of Owner. Neither party shall have the power to bind or nor obligate the other other, except as expressly set forth in this Agreement, except that Broker is authorized to act with such additional authority and power as may be necessary to carry out the spirit and intent of this Agreement. Broker, Broker under this Agreement, shall not be responsible for delays in the performance of any obligation unless there is an intentional delay caused by Broker or its Broker’s employees.

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

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