Common use of Introducers Clause in Contracts

Introducers. 8.1 If you introduce an Applicant to us that has been referred to you by a third party introducer ("the Introducer") that is not itself an Authorised Person, you confirm that you have an agreement in writing with the Introducer providing that the Introducer: 8.1.1 will not engage in the regulated activities of advising on or arranging (as defined in articles 25(A) and 53(A) of the ▇▇▇) Regulated Mortgage Contracts or and will limit its activities to introducing only; 8.1.2 will not receive any money from its client for or in connection with any transaction for a Regulated Mortgage Contract or non-regulated mortgage contract which its client enters into as a result of any such introduction; 8.1.3 will (i) prior to making any such introduction disclose to its client that it may receive payment or other reward or advantage for making the introduction and (ii) promptly upon the amount of such payment, reward or advantage being known, disclose such amount to the client; 8.1.4 will prior to making any such introduction disclose to its client details of whether it is a member of the same group as you; 8.1.5 will maintain written records of any such disclosures that are made (unless the introduction is being made under Article 33 of the ▇▇▇); 8.1.6 where the introduction relates to a CBTL Mortgage Application, the Introducer is not undertaking any activity requiring it to be a Registered Firm; and 8.1.7 will comply with any requirements that we may have for the form of any such disclosure and or record of such disclosure required in this clause 8. 8.2 You will provide us with a list of the Introducers from which you accept Mortgage Applications upon receipt of a request from us.

Introducers. 8.1 If you introduce an Appointed Representative introduces an Applicant to us that has been referred to you it by a third party introducer ("the Introducer") that is not itself an Authorised Person, you confirm that you have approved this referral arrangement and confirm that your Appointed Representative has an agreement in writing with the Introducer providing that the Introducer: 8.1.1 will not engage in the regulated activities of advising on or arranging (as defined in articles 25(A) and 53(A) of the ▇▇▇) Regulated Mortgage Contracts or and will limit its activities to introducing only; 8.1.2 will not receive any money from its client for or in connection with any transaction for a Regulated Mortgage Contract or non-regulated non -regulated mortgage contract which its client enters into as a result of any such introduction; 8.1.3 will (i) prior to making any such introduction disclose to its client that it may receive payment or other reward or advantage for making the introduction and (ii) promptly upon the amount of such payment, reward or advantage being known, disclose such amount to the client; 8.1.4 will prior to making any such introduction disclose to its client details of whether it is a member of the same group as youyou or if applicable your Appointed Representative; 8.1.5 will maintain written records of any such disclosures that are made (unless the introduction is being made under Article 33 of the ▇▇▇); 8.1.6 where the introduction relates to a CBTL Mortgage Application, the Introducer is not undertaking any activity requiring it to be a Registered Firm; and 8.1.7 will comply with any requirements that we may have for the form of any such disclosure and or record of such disclosure required in this clause 8. 8.2 You will procure that your Appointed Representatives will provide us with a list of the Introducers from which you they accept Mortgage Applications upon receipt of a request from us.