Referred Party definition
Examples of Referred Party in a sentence
The Broker acknowledges and agrees that it will communicate to the Referred Party that the Broker is not an agent of the Lender and that acceptance and approval of the Potential Transactions shall be made in the sole discretion of the Lender.
As stated above, the Referred Party must be a new User to Monefit SmartSaver and cannot have an existing registered account.
A transaction shall be considered a Completed Transaction upon the transfer of funds by ▇▇▇▇▇▇, an affiliate of Lender, or an Alternative Lender, to the Referred Party, as evidenced by an executed HUD-1 Settlement Statement.
As a clarification, a Referred Customer or Referred Party will be deemed to have been “introduced” to the Company by Consultant if Consultant arranges the first meeting or phone call or the execution of a memorandum of understanding, between the Company and senior management of the prospective Referred Customer or prospective Referred Party.
The Lender and the Broker agree to enter into a Broker Referral Fee Agreement for each Referred Party introduced to the Lender by the Broker and to govern the amount of Referral Fees to be paid to the Broker for each Completed Transaction with such Referred Party.
The Broker Fees for the Renewal are paid within the first week of the Renewal term, provided that Convene shall have no obligation to make any such payment to the Broker if the Referred Party has failed to make all required payments to Convene as of the date such payment is due.
A transaction is a “New Business” if the Referred Party enters into the WorkPlace Membership Agreement in the city where it has not previously entered into a WorkPlace Membership Agreement.
Total Broker Fees due for the first 12 months of the New Business or Expansion term shall be paid within thirty (30) days of the later of: (i) Convene receiving the retainer amount from the Referred Party pursuant to the executed WorkPlace Membership Agreement or (ii) the Broker submitting an invoice, provided that Convene shall have no obligation to make any such payment to the Broker if the Referred Party has failed to make all required payments to Convene pursuant to the WorkPlace Membership Agreement.
By making Submissions or Actively Representing a Referred Party, you will not be deemed to be an employee of Convene.
If the Referred Party informs that it is no longer interested in a WorkPlace Membership for a particular Location(s) specified in the Submission, such referral shall not be a Qualified Referral, and no Broker Fees shall be due to the Broker; unless such Referred Party executes a WorkPlace Membership Agreement at a later date with the direct and active representation of the Broker.