Intermediary Status Clause Samples
The Intermediary Status clause defines the role of a party as an intermediary, clarifying that they act as a facilitator or conduit between other parties rather than as a principal in the transaction. Typically, this clause specifies that the intermediary does not assume ownership of goods, services, or funds, and is not responsible for the underlying obligations of the primary parties involved. By establishing the intermediary’s limited role, the clause helps allocate risk appropriately and prevents misunderstandings about liability or authority in the contractual relationship.
Intermediary Status. To the extent required under applicable law pertaining to third party administrators: (a) payments received by EDH on behalf of Sponsor from Providers, vendors of Travel Services, Participants, or other parties shall be deemed to have been received by Sponsor, and (b) EDH’s payment of any amounts on behalf of Sponsor to Providers, vendors of Travel Services, Participants, or other parties shall not be deemed payment to said parties until payments are received by those parties.
Intermediary Status. The Broker may show the Property to interested prospective buyers whom the Broker represents. If a prospective buyer whom the Broker represents offers to buy the Property, the Seller authorizes the Broker to act as an intermediary and the Broker will notify the Seller that the Broker will service the parties in accordance with one of the following alternatives.
(1) If a prospective buyer whom the Broker represents is serviced by an associate other than the associate servicing the Seller under this Listing, the Broker may notify the Seller that the Broker will: (a) appoint the associate then servicing the Seller to communicate with, carry out instructions of, and provide opinions and advice during negotiations to the Seller; and (b) appoint the associate then servicing the prospective buyer to the prospective buyer for the same purpose.
(2) If a prospective buyer whom the Broker
(3) The Broker may notify the Seller that the Broker will make no appointments as described under this Paragraph 8A and, in such an event, the associate servicing the parties will act solely as the Broker’s intermediary representative, who may facilitate the transaction but will not render opinions or advice during negotiations to either party. ☐
Intermediary Status. If Buyer wishes to acquire one of Broker's listings, Buyer authorizes Broker to act as an Intermediary and Broker will notify Buyer that Broker will service the parties in accordance with one of the following alternatives:
A. If the Owner of the property is serviced by an Associate other than the Associate servicing Buyer under this Agreement, Broker may notify Buyer that Broker will:
(1) Appoint the Associate then servicing the Owner to communicate with, carry out instructions of, and provide opinions and advice during negotiations to the Owner; and
(2) Appoint the Associate then servicing the Buyer to the Buyer for the same purpose.
B. If the Owner of the property is serviced by the same Associate who is servicing Buyer, Broker may notify Buyer that Broker will:
(1) Appoint another Associate to communicate with, carry out instructions of, and provide opinions and advice during negotiations to Buyer; and
(2) Appoint the Associate servicing the Owner under the listing to the Owner for the same purpose.
C. Broker may notify Buyer that Broker will make no appointments as described under this Paragraph 8A and, in such event, the Associate servicing the parties will act solely as Broker's Intermediary Representative, who may facilitate the transaction but will not render opinions or advice during negotiations to either party. Initialed for identification by Buyer , and Broker/Associate