Common use of Your duty to Us Clause in Contracts

Your duty to Us. 2.1. The Client agrees to act with utmost good faith in the provision of information to The Broker. The duty is continuous and applies to all the information the Client provides, whether The Broker has asked for it or whether The Client has provided it voluntarily. The Client agrees not to withhold information from the Broker. 2.2. The Client agrees to take all reasonable steps and use all reasonable endeavours to comply with and satisfy any condition imposed by the Lender who has made a Finance Offer that accords with the requirements set out in the Quotation & Provisional Acceptance. 2.3. The client agrees to notify the Broker if at any time, they intend to appoint an additional or alternate Broker or intermediary to obtain an offer of finance for them whereupon The Broker will be entitled to terminate this Agreement forthwith. 2.4. If the Client fails to notify The Broker that they intend to appoint an alternate or additional Broker or intermediary prior to doing so and if an Offer of Finance is obtained from any Lender the Client will pay the Broker Arrangement Fee calculated by reference to the Finance Offer made but otherwise in accordance clause 3.2 (Broker Arrangement Fee section, above) of the Agreement to the Broker.

Appears in 3 contracts

Samples: Terms of Business, Terms of Business, Terms of Business

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Your duty to Us. 2.1. The Client agrees to be act with utmost good faith in the provision of information to The Broker. The duty is continuous and applies to all the information the Client provides, whether The Broker has asked for it or whether The Client has provided it voluntarily. The Client agrees not to withhold information from the Broker. 2.2. The Client agrees to take all reasonable steps and use all reasonable endeavours to comply with and satisfy any condition imposed by the Lender who has made a Finance Offer that accords with the requirements set out in the Quotation & Provisional AcceptanceConfirmation of Instructions letter. 2.3. The client agrees to notify the Broker if at any time, they intend to appoint an additional or alternate Broker or intermediary to obtain an offer of finance for them whereupon The Broker will be entitled to terminate this Agreement forthwith. 2.4. If the Client fails to notify The Broker that they intend to appoint an alternate or additional Broker or intermediary prior to doing so and if an Offer of Finance is obtained from any Lender the Client will pay the Broker Arrangement Fee calculated by reference to the Finance Offer made but otherwise in accordance clause 3.2 (Broker Arrangement Fee section, above) of the Agreement to the Broker.

Appears in 1 contract

Samples: Terms of Business

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