Broker Responsibility Sample Clauses
The Broker Responsibility clause defines the duties and obligations of the broker in a transaction. It typically outlines the broker's role in facilitating communication between parties, ensuring the accuracy of information provided, and complying with relevant laws and ethical standards. For example, the broker may be required to disclose material facts, maintain confidentiality, and act in the best interests of their client. This clause serves to clarify the broker's scope of responsibility, helping to prevent misunderstandings and allocate liability appropriately in the event of disputes.
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Broker Responsibility. Broker shall be responsible for all internal operations related to its business including without limitation (i) all accounting, bookkeeping, record-keeping, cashiering, commodity transactions, or any other transactions not involving securities; or any matter not contemplated by the Agreement; (ii) preparation of Broker’s payroll records, financial statements, or any analysis thereof; (iii) preparation or issuance of checks in payment of Broker’s expenses, other than expenses incurred by Pershing on behalf of Broker pursuant to this Agreement; and (iv) payment of commissions to Broker’s sales personnel.
Broker Responsibility. ▇▇▇▇▇▇’s responsibility is limited to arranging for, but not actually performing, transportation of a shipper’s freight. Any information provided by Broker to Carrier with respect to weight or dimensions of the cargo are not to be relied upon by Carrier. In no event will Broker be liable for lost profits or consequential damages, of any kind.
Broker Responsibility. Broker shall use commercially reasonable efforts to locate desirable tenants for available [Ferry: non-retail] space in the Property (hereinafter referred to as the “Premises”) and to negotiate preliminary terms of leases with such tenants in accordance with Owner’s then current Leasing Guidelines (as hereinafter defined). As used herein, the term “Leasing Guidelines” shall mean Owner’s policies and negotiating guidelines respecting base rental, minimum and maximum terms, rental escalations, recovery of operating expenses, rent concessions, security deposits, allowances, and other matters commonly the subject of negotiation with tenants. The current Leasing Guidelines have been provided to Broker. The Leasing Guidelines may be revised by Owner from time to time and at any time upon five days notice to Broker. Broker shall solicit and investigate prospective tenants for the Premises and at all times keep Owner fully informed of all such prospects.
Broker Responsibility. Online order execution services are provided by independent brokers, not Coud ByTech LLC. Subscriber must have an account with a broker to use such services.
Broker Responsibility. The Broker perform diligently in obtaining and maintaining for continuing freight traffic shipments with the Carrier. The Carrier shall transport by vehicle the shipment based on the transactions provided and instructed or by the Broker, subject to the availability of Carrier capacity in compliance with the specific shipment instructions and in accordance with the terms and conditions of this Agreement.
Broker Responsibility. It is the responsibility of the Broker to service his/her account and inform FCI as to coverage and limits required by the Assured. FCI assumes no responsibility toward Broker, policyholder, sub producer, or any other party, with regard to the adequacy, amount or form of coverage obtained through any insurance carrier. FCI requires that Errors and Omissions Insurance Coverage be maintained by the B roker. The undersigned Broker hereby warrants that such coverage is in full force and effect and will be maintained at a limit of liability not less than $1,000,000. It is further understood that evidence of such coverage will be provided to FCI annually. Indemnification The Broker and FCI each agree to indemnify and hold harmless the other party and their respective successors from any and all judgments, losses, damages, costs and expenses, including attorney's fees, which may be sustained because of the other party's failure to comply fully with the terms, provisions, and obligations of this Agreement, including but not limited to the payment of premiums due hereunder. This agreement shall apply to current contracts already placed and in force at the date hereof and all future contracts which may be placed with FCI for the B roker. This agreement may be cancelled at any time by written notice of either party to the other, but said cancellation shall not alter in any way the continued application of this agreement to insurance contracts effected prior to the date of such cancellation. DATED AND EFFECTIVE THIS DAY OF , 20. BROKER: FIRST CLASS INSURANCE By: By: Title: Title: Federal ID#: Address: Contact Person: Phone#: