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Agency Term definition

Agency Term has the meaning set forth in Section 8.16.
Agency Term. 10 The agent may appoint a sub-agent to perform its obligations as the principal ATOL holder’s agent and to bind the principal ATOL holder into obligations with consumers or buying ATOL holders. However, the agent may only do so if it enters the principal ATOL holder into a written agency agreement that contains all the rights and obligations in the agreement that are required by the CAA and published in the CAA’s Official Record Series 3. Any sub-agent that does not have the benefit of a written agency agreement with the principal ATOL holder is not authorised to act on the principal ATOL holder’s behalf. As a consequence, the agent will be responsible to the consumer (or buying ATOL holder) for any acts or omissions of the sub-agent. Note: in these circumstances, as well as the agent being liable to the consumer as a principal, both the ‘agent’ and ‘sub-agent’ would be acting in breach of the ATOL Regulations 2012.

Examples of Agency Term in a sentence

  • Save as set out in Agency Term 9 of Schedule 1, nothing in this contract confers or purports to confer on any third party any benefit or any right to enforce any term of this contract, pursuant to the Contract (Rights of Third Parties) Xxx 0000.

  • Pursuant to AST2.2 and Agency Term 1 no agency term negotiated between the principal ATOL holder and the agent may contradict or purport to contradict the CAA’s mandated terms and any that do so will be void.

  • The Department is issuing this solicitation to establish a new resultant Agency Term Contract (ATC).

  • The Department also reserves the right to execute an Agency Term Contract (ATC), in the form attached hereto, with the awarded Contractor(s) for the commodities and services specified in this RFQ.

  • For all Statewide and Agency Term contracts:• Under the LaCarte program, purchase orders are not necessary.

  • Save as set out in Agency Term 9 of Schedule 1, nothing in this contract confers or purports to confer on any third party any benefit or any right to enforce any term of this contract, pursuant to the Contract (Rights of Third Parties) Act 1999.

  • Priority of Agency terms published by CAA Pursuant to AST2.2 and Agency Term 1 no agency term negotiated between the principal ATOL holder and the agent may contradict or purport to contradict the CAA’s mandated terms and any that do so will be void.

  • The Department is issuing this solicitation to establish a new resulting Agency Term Contract (ATC).

  • The Central Procurement Office or Delegated State Agencies may establish Agency Term Contracts for goods or services needed solely and uniquely by their agency in accordance with the Rules or Central Procurement Office Policy.

  • An Agency Term or Statewide Contract must be used for any procurement of goods or services where Contracting Party performance cannot be completed within ninety (90) days.


More Definitions of Agency Term

Agency Term means the period of time from the Effective Date and continuing for five (5) years thereafter.
Agency Term is defined in Section 2.3 of the Lease. -----------
Agency Term. 10 An agent is not permitted to appoint a sub-agent to perform
Agency Term. 13 If requested by the CAA the agent will provide any information regarding the principal ATOL holder referred to in AST 4 which it holds to the CAA on demand.

Related to Agency Term

  • (1) AGENCY.—The term agency’ means an

  • Agency Period means the period commencing on the date of this Agreement and expiring on the earliest to occur of (x) the date on which the Agent shall have placed the Maximum Program Amount pursuant to this Agreement and (y) the date this Agreement is terminated pursuant to Section 7.

  • Policy Term means the term of this Policy as specified in the Schedule;

  • Primary Term means for the purposes of any Service provided under any Schedule of Service under:

  • Money Term means with respect to any Mortgage Loan, Serviced Companion Loan or B Note, the Maturity Date, Mortgage Rate, principal balance, amortization term or payment frequency thereof or any provision thereof requiring the payment of a Prepayment Premium in connection with a principal prepayment (and shall not include Late Fees or Default Interest provisions).

  • The term Trustee" shall mean The Bank of New York Mellon and its successors in interest or any successor trustee appointed as provided in the Standard Terms and Conditions of Trust.

  • Original Term means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at such Commencement Date.

  • Agency(ies) means any government regulatory authority or authorities in the world responsible for granting approval(s), clearance(s), qualification(s), license(s), or permit(s) for any aspect of the research, Development, manufacture, marketing, distribution, or sale of a Product. The term “Agency” includes, without limitation, the United States Food and Drug Administration (“FDA”).

  • Rating Agency Event means that any nationally recognized statistical rating organization within the meaning of Section 3(a)(62) of the Exchange Act that then publishes a rating for the Company (a “rating agency”) amends, clarifies or changes the criteria it uses to assign equity credit to securities such as the Notes, which amendment, clarification or change results in:

  • Minimum Term means, in respect of this Agreement, the period of 12 months beginning on the Effective Date;

  • Delinquency Trigger Event means, for any Collection Period, the aggregate Principal Balance of Delinquent Receivables that have been Delinquent Receivables for 61 days or more as a percentage of the Pool Balance as of the last day of the Collection Period exceeding or being equal to 6.62%.

  • (15) The term data’ means recorded informa-

  • Agency Worker means the individual who is Introduced by the Employment Business to provide services to the Hirer;

  • Renewal Term has the meaning set forth in Section 2.

  • Agency head or "Procurement Officer" means the person who signs this contract on behalf of the Requesting Agency and includes a successor or authorized representative.

  • (16) The term reservation’ means any feder-

  • Agency Office The office of the Issuing Entity maintained pursuant to Section 3.2 of the Indenture.

  • (17) The term Indian lands’ means—

  • (20) The term commercial clothes washer’ means a soft- mount front-loading or soft-mount top-loading clothes washer that—

  • Agency Transfer The sale or transfer by Purchaser of some or all of the Mortgage Loans to Xxxxxx Xxx under its Cash Purchase Program or its MBS Swap Program (Special Servicing Option) or to Xxxxxxx Mac under its Xxxxxxx Xxx Xxxx Program or Gold PC Program, retaining the Company as "servicer thereunder".

  • Base Term Commencing (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on June 30, 2019.”

  • (7) The term Secretary’ means the Secretary

  • (34) The term dehumidifier’ means a self-contained, elec- trically operated, and mechanically encased assembly consisting of—

  • Delinquency Trigger means, for any Payment Date and the related Collection Period, 24.00%.

  • Principal Corporate Trust Office means the principal corporate trust office of the Trustee at the location set forth in Section 1.5 or at such other location as the Trustee may from time to time designate by written notice to the Company.

  • (21) The term harvest rate’ means the amount of ice (at 32 degrees F) in pounds produced per 24 hours.’’.