Brokerage Agent definition
Examples of Brokerage Agent in a sentence
In consideration of the terms as stated in this Agreement, the Brokerage, Agent and/or Buyer agree to 65 mediate any dispute or claim arising out of this Agreement, before initiating any legal action against the other party.
This Agreement sets forth the entire agreement between the Brokerage, Agent and Buyer, and there are no 92 other representations, warranties, statements, or agreements between the Parties herein, except as expressly set forth in this 93 Agreement.
For example, do not include any of the following: "If [Listing Brokerage] Agent shows property first to your buyer, there will not be compensation paid to you", “No compensation paid to XYZ Brokerage", or "If [Listing Brokerage] Agent shows property first your total office compensation is y%".
Shares purchased or otherwise acquired by the Administrative Agent under the Plan shall be registered in the name of the Brokerage Agent approved by the Administrative Agent and held on behalf of the respective Participants.
All rights and privileges with respect to the Shares held in a Participant’s Account, including voting rights, shall be exercised solely by the Participant through the Brokerage Agent.
If a duly completed and signed instruction form is received by the Company’s Transfer Agent for the Shares in time for the Shares to be voted, the Brokerage Agent, as the registered holder of the Shares, will cause the Shares to be voted according to the Participant’s instructions.
All the Shares purchased by the Brokerage Agent on behalf of a Participant pursuant to the provisions of this Section VI may be registered in the name of the Brokerage Agent or its nominee, on behalf of, and as agent for, such Participant or may, in accordance with Section 7.2, be registered in the name of the Participant.
If the holders of Shares are entitled to vote at a meeting of Shareholders of the Company, each Participant shall have the right to vote, in such manner as such Participant shall desire, the whole shares which are held on his behalf by the Brokerage Agent at the record date of the relevant meeting.
The price of Shares purchased in respect of a given quarter shall correspond to their market price at the time of purchase, provided however that where the Brokerage Agent has purchased Shares under the Plan at various prices in any given quarter, the purchase price of all such Shares shall correspond to the weighted average price paid for all purchases of Shares that are required to be made under the Plan in respect of such quarter.
The Administrative Agent shall direct the Brokerage Agent to purchase Shares on behalf of the Participants with all Participant Contributions and Employer Contributions on the open market, through the facilities of the Stock Exchange, if applicable, bi-monthly on such dates to be designated by the Company from time to time and if any such day is not a Business Day, on the next succeeding Business Day.