The Broker agrees Sample Clauses

The Broker agrees. 7.1.1 that no amendment to any policy, endorsement or receipt shall be effective unless confirmed in writing by SAU. Any instruction will be confirmed with the insured and confirmed in writing by way of updated schedule. A voice recording between SAU and the insured will be regarded as acceptable confirmation. 7.1.2 that no liability rests with SAU and or the Insurer for any risk until it has been accepted by SAU and or the Insurer and a policy number has been issued. Any instruction will be confirmed with the insured and confirmed in writing by way of updated schedule. A voice recording between SAU and the insured will be regarded as acceptable confirmation. 7.1.3 that no new policy, endorsement or receipt shall be submitted to the Insured or his/her representative before acceptance of the necessary premium by SAU unless by prior agreement; 7.1.4 to ensure that all information provided to clients regarding SAU are factual. The Broker warrants that he/she will refrain from making any defamatory, insulting or unsubstantiated negative comments about SAU. The broker acknowledges that by doing so it would render the Broker liable in liquidated damages to SAU for any patrimonial losses suffered, whether directly or indirectly, by SAU; (initial here ) 7.1.5 on first application SAU may make a credit bureau enquiry and other references to the financial background of the Broker and/or his/her Partners, Directors, Members, or Shareholders; 7.1.6 SAU will send Notices / Endorsements / Policy Documents / Instructions and communications with regards to the normal course of business to the Insured and a copy will be sent to the Broker. The Broker is however responsible to fulfil its duties as a financial services provider. SAU agrees to attempt to assist the broker to fulfil such duties. SAU accepts no liability due to the Brokers’ failure to adhere to the Financial Advisory and Intermediary Act, subordinate legislation such as the General code of Conduct, Regulations etc. and any other relevant legislation.
Sample 1
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The Broker agrees. 7.1.1 that no amendment to any policy, endorsement or receipt shall be effective unless confirmed in writing by SAU. 7.1.2 that no liability rests with SAU and or the Insurer for any risk until it has been accepted by SAU and or the Cover holder and a policy number has been issued; 7.1.3 that no new policy, endorsement or receipt shall be submitted to the insured or his/her representative before acceptance of the necessary premium by SAU; unless by prior agreement, 7.1.4 to ensure that all information provided to clients regarding SAU are factual. The Broker warrants that he/she will refrain from making any defamatory, insulting or unsubstantiated negative comments about SAU. The broker acknowledges that by doing so it would render the Broker liable in liquidated damages to SAU for any patrimonial losses suffered, whether directly or indirectly, by SAU. 7.1.5 on first application SAU may enquire on I.T.C./Credit Inform and other references to the financial background of the Broker and/or his/her Partners, Directors, Members, or Shareholders. 7.1.6 Acceptance of the aforesaid underwriting criteria by Broker: 7.1.7 SA Underwriting Agencies will send Notices / Endorsements / Policy Documents / Instructions and communications with regards to the normal course of business to the client and a copy will be sent to the Broker. The Broker is however responsible to fulfil its duties as a financial services provider. SAU agrees to attempt to assist the broker to fulfil such duties. SAU accepts no liability due to the brokers‟ failure to adhere to the Financial Advisory and Intermediary Act, subordinate legislation such as General code of Conduct, Regulations etc. and all other relevant legislation.
Sample 1
The Broker agrees. (a) to use best efforts to seek out and advise the Buyer, in a timely manner, of properties available for sale in the Market Area, including those listed with the Multiple Listing Service®, other agents and those “for sale by owner”, which meet the material requirements identified by the Buyer and generally promote the Buyer’s interests; (b) to advise any seller in whose Property the Buyer is interested or their agent(s) that the Broker is representing the Buyer; (c) subject to the terms of the agreement related to Dual Agency and representation of other buyers, to act as only the Buyer’s Broker; (d) subject to the terms of the agreement related to Dual Agency and representation of other buyers, be loyal to the Buyer and act in the Buyer’s best interests at all times; (e) make timely and full disclosure of all conflicts of interest that may arise between the Buyer’s interests and those of the Broker, sellers or competing buyers; (f) to obey all lawful instructions of the Buyer; (g) exercise reasonable care and skill in the performance of this Agreement; (h) exercise duties of good faith, integrity, honesty, competence and accountability and, except where Dual Agency has been acknowledged, confidentiality and disclosure to the Buyer; (i) to use best efforts to determine relevant facts pertaining to a Property in which the Buyer is considering making an offer and to disclose those relevant facts to the Buyer; (j) not to appoint another brokerage to act on behalf of the Buyer as sub agent without the prior written consent of the Buyer; (k) to present, in a timely manner, all offers and counter-offers to and from the Buyer, even when a property is already the subject of an agreement of purchase and sale; (l) to keep the Buyer fully informed regarding the progress of the transaction; (m) to assist the Buyer in negotiating favourable terms and conditions and in preparing a legally binding agreement of purchase and sale; (n) to comply with all relevant provisions of the Real Estate Trading Act and regulations enacted there under; Acknowledgement of completion of Page 1 Broker or Broker’s Representative / Buyer’s Initials / Revised: September 2012 Copyright NLAR (o) to perform further services, which may be, if agreed to in writing, at the expense of the Buyer, which may include (check all that apply): ■ Advertise for suitable properties ■ Assisting in arranging suitable financing, if necessary ■ Assisting in arranging Appraisals for the Property ■ Assisting in ar...
Sample 1

Related to The Broker agrees

  • The Broker Dealer understands and agrees that in performing the services covered by this Agreement, it is acting in the capacity of an independent contractor and not as an agent or employee of PEPCO, and that it is not authorized to act for, or make any representation on behalf of, PEPCO or the Insurer except as specified herein. Broker-Dealer understands and agrees that PEPCO shall execute telephone transfer orders only in accordance with the terms and conditions of the then current prospectus applicable to the contracts and/or policies and agrees that, in consideration for the Broker-Dealer's right to exercise the telephone transfer privilege, neither PEPCO nor the Insurer will be liable for any loss, injury or damage incurred as a result of acting upon, nor will they be held responsible for the authenticity of, any telephone instructions containing unauthorized, incorrect or incomplete information. Broker-Dealer agrees to indemnify and hold harmless PEPCO and the Insurer against any loss, injury or damage resulting from any telephone exchange instruction containing unauthorized, incorrect or incomplete information received from Broker-Dealer or any of its registered representatives. (Telephone instructions are recorded on tape.)

  • Selling Broker Dealer -- A person registered as a broker-dealer and licensed as a life insurance agent or affiliated with a person so licensed, and authorized to distribute the Contracts pursuant to a sales agreement as provided for in Section 4 of this Agreement.

  • INTRODUCING BROKERS 18.1 The Client may have been referred to Tickmill Ltd by an Introducing Broker. If so, Tickmill Ltd shall not be responsible for any agreement made between the Client and the Client's Introducing Broker. The Client acknowledges that any such Introducing Broker will either be acting as an independent intermediary or an Agent for the Client and that no such Introducing Broker shall be authorised to make any representations concerning Tickmill Ltd or Tickmill Ltd’s Services. 18.2 The Client is specifically made aware that the Client's agreement with its Introducing Broker may result in additional costs as Tickmill Ltd may pay fees or commission to such person. 18.3 The Client is also specifically made aware that the Client's agreement with its Introducing Broker may result in additional costs for the client because the Introducing Broker can deduct commissions and fees as well as price or interest/financing rate adjustments for any trade conducted on or allocated to the Clients account either by the Introducing Broker or the Client. 18.4 If the Introducing Broker undertakes any deductions from the Client's Trading Account according to any agreement between the Client and the Introducing Broker, Tickmill Ltd has no responsibility as to the existence or validity of such an agreement. 18.5 Tickmill Ltd shall have no responsibility or liability to the Client in following the instructions given by the Introducing Broker. Tickmill Ltd is under no obligation to supervise or otherwise know or review the payment instructions or any other acts, including but not limited to the trading, of the Introducing Broker. 18.6 The client acknowledges and accepts that frequent transactions may result in a sum total of commissions, fees, price or interest/financing rate adjustments for trades conducted that may be substantial and not necessarily be offset by the net profits, if any, achieved from the relevant trades. The responsibility for correctly assessing whether the size of the total commissions, fees, price or interest/financing rate adjustments for trades conducted paid from the Client's account makes trading commercially viable, is the combined responsibility of the Client and the Introducing Broker. Tickmill Ltd only acts as the custodian and principal broker, and therefore is not responsible for the size of the commissions and fees as well as price or interest rate paid by the Client. 18.7 Any commissions, fees, price or interest/financing rate adjustments for trades conducted may be shared between the Introducing Broker, Tickmill Ltd and third parties according to the Introducing Broker's written instructions and/or at Tickmill Ltd’s discretion.

  • Dealer Manager Agreement By Dealer’s acceptance of this Agreement, Dealer will become one of the “Participating Dealers” referred to in the Dealer Manager Agreement and will be entitled and subject to the terms and conditions of the Dealer Manager Agreement, including, but not limited to, Section 8.4 of the Dealer Manager Agreement (or, in the event of a Follow-On Offering, the equivalent section of the applicable Follow-On Dealer Manager Agreement) wherein the Dealers severally agree to indemnify and hold harmless the Company, the Dealer Manager and each of their respective Indemnified Parties. Dealer hereby agrees to solicit, as an independent contractor and not as the agent of the Dealer Manager or of the Company (or their affiliates), persons acceptable to the Company to purchase the Shares pursuant to the subscription agreement in the form attached to the Prospectus and in accordance with the terms of the Prospectus or, in the event of a Follow-On Offering, the prospectus (a “Follow-On Prospectus”) and the subscription agreement applicable to such Follow-On Offering. Dealer hereby agrees to use its best efforts to sell the Shares for cash on the terms and conditions stated in the Prospectus (and, in the event of a Follow-On Offering, the applicable Follow-On Prospectus). Nothing in this Agreement shall be deemed or construed to make Dealer an employee, agent, representative or partner of the Dealer Manager, or the Company, and Dealer is not authorized to act for the Dealer Manager or the Company or to make any representations on their behalf except as set forth in the Prospectus (or the applicable Follow-On Prospectus) and such other printed sales literature or other materials furnished to Dealer by the Dealer Manager, provided that the use of such sales literature and other materials has been approved for use in advance by the Company and all appropriate regulatory agencies (“Supplemental Information”).

  • Finders and Brokers Except as set forth on Schedule 3.17, no broker, finder or investment banker is entitled to any brokerage, finder’s or other fee or commission from the Purchaser, the Target Companies or any of their respective Affiliates in connection with the transactions contemplated hereby based upon arrangements made by or on behalf of the Purchaser.

  • No Broker Neither Seller nor any Affiliate of Seller has dealt with any broker, investment banker, agent or other Person, except for Buyer or an Affiliate of Buyer, who may be entitled to any commission or compensation in connection with any Transaction.

  • Participating Broker Dealer’s acceptance of this Agreement constitutes a representation and warranty to the Company and the Dealer Manager that Participating Broker-Dealer has established and implemented an anti-money laundering compliance program (“AML Program”) in accordance with applicable law, including applicable FINRA Rules, rules promulgated by the SEC and the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act (USA PATRIOT Act) of 2001, as amended by the USA Patriot Improvement and Reauthorization Act of 2005 (the “USA PATRIOT Act”), specifically including, but not limited to, Section 352 of the International Money Laundering Abatement and Anti-Terrorist Financing Act of 2001 (the “Money Laundering Abatement Act” and together with the USA PATRIOT Act, the “AML Rules”), reasonably expected to detect and cause the reporting of suspicious transactions in connection with the sale of Primary Shares. Participating Broker-Dealer covenants that it will perform all activities it is required to perform by applicable AML Rules and its AML Program with respect to all customers on whose behalf Participating Broker-Dealer submits orders to the Company. To the extent permitted by applicable law, Participating Broker-Dealer will share information with the Dealer Manager and the Company for purposes of ascertaining whether a suspicious activity report is warranted with respect to any suspicious transaction involving the purchase or intended purchase of Primary Shares. Upon request by the Dealer Manager at any time, Participating Broker-Dealer hereby agrees to (i) furnish a written copy of its AML Program and relevant legal requirements to the Dealer Manager for review, and (ii) furnish a copy of the findings and any remedial actions taken in connection with Participating Broker-Dealer’s most recent independent testing of its AML Program. Participating Broker-Dealer further represents and warrants that (i) it is currently in compliance with all AML Rules, specifically including, but not limited to, the Customer Identification Program requirements under Section 326 of the Money Laundering Abatement Act and Participating Broker-Dealer will remain in compliance with such requirements, (ii) it has Know Your Customer (KYC) policies and procedures in place, (iii) the Participating Broker-Dealer’s AML Program has been adopted by a person with sufficient authority to oversee the AML policies and procedures, and (iv) the Participating Broker-Dealer’s AML Program has education and/or training programs for officers and employees regarding AML policies and procedures. Participating Dealer shall, upon request by the Dealer Manager, provide a certification to Dealer Manager that, as of the date of such certification (i) its AML Program is consistent with the AML Rules, (ii) it has continued to implement its AML Program and has complied with the provisions of its AML Program, and (iii) it is currently in compliance with all AML Rules, specifically including, but not limited to, the Customer Identification Program requirements under Section 326 of the Money Laundering Abatement Act.

  • No Broker Fees No broker’s or finder’s fee or commission will be payable with respect hereto or any of the transactions contemplated thereby; and the Borrower hereby agrees to indemnify the Administrative Agent and the Lenders against, and agree that they will hold the Administrative Agent and the Lenders harmless from, any claim, demand, or liability for any such broker’s or finder’s fees alleged to have been incurred in connection herewith or therewith and any expenses (including reasonable attorneys’ fees) arising in connection with any such claim, demand, or liability.

  • The FTPS Unit Servicing Agent shall distribute to redeeming FTPS Unit holders of record on its books redemption proceeds it receives pursuant to Section 5.02 of the Standard Terms and Conditions of Trust from the Trustee as the sole record owner of FTPS Units on the Trustee's books.

  • Dealer Manager Behringer Securities LP, an Affiliate of the Advisor, or such Person selected by the Board to act as the dealer manager for an Offering.

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