Sub-Broker Clause Samples

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Sub-Broker. The Broker shall be fully responsible for the conduct and performance of any sub-brokers of Broker, and shall defend, indemnify and hold American Specialty harmless against any loss, claim, expense, damages, fines, penalties, or attorney’s fees arising out of any act on the part of its sub- brokers, including the failure to maintain appropriate licenses or certificates. Nothing in this paragraph shall be construed to allow ▇▇▇▇▇▇ to appoint or contract with sub-brokers except as authorized by American Specialty in writing.
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Sub-Broker. PRINCIPAL reserves the right to approve any sub-broker agreements for stated territory .
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Sub-Broker. The Channel Partner shall be required to provide all the details of sub broker for particular transaction. The charges and fees shall however be paid in the account of Channel partner alone. The Channel partner and sub broker shall be required to settle their internal accounts among themselves and company shall not be responsible for distribution of charges and fees.
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Sub-Broker. The Associate Bambooram Partner or ABPshall be required to provide all the details of sub broker for particular transaction. Thecharges and fees shall however be paid in the account of Associate Bambooram Partner or ABPalone. The Associate Bambooram Partner or ABPand sub broker shallbe required to settle their internal accounts among themselves and Bambooram shall not be responsible for distribution of charges and fees.
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Related to Sub-Broker

  • No Broker Neither Seller nor any Affiliate of Seller has dealt with any broker, investment banker, agent or other Person, except for Buyer or an Affiliate of Buyer, who may be entitled to any commission or compensation in connection with any Transaction.

  • Finders; Brokers Buyer is not a party to any agreement with any finder or broker, or in any way obligated to any finder or broker for any commissions, fees or expenses, in connection with the origin, negotiation, execution or performance of this Agreement.

  • The Broker Dealer understands and agrees that in performing the services covered by this Agreement, it is acting in the capacity of an independent contractor and not as an agent or employee of PEPCO, and that it is not authorized to act for, or make any representation on behalf of, PEPCO or the Insurer except as specified herein. Broker-Dealer understands and agrees that PEPCO shall execute telephone transfer orders only in accordance with the terms and conditions of the then current prospectus applicable to the contracts and/or policies and agrees that, in consideration for the Broker-Dealer's right to exercise the telephone transfer privilege, neither PEPCO nor the Insurer will be liable for any loss, injury or damage incurred as a result of acting upon, nor will they be held responsible for the authenticity of, any telephone instructions containing unauthorized, incorrect or incomplete information. Broker-Dealer agrees to indemnify and hold harmless PEPCO and the Insurer against any loss, injury or damage resulting from any telephone exchange instruction containing unauthorized, incorrect or incomplete information received from Broker-Dealer or any of its registered representatives. (Telephone instructions are recorded on tape.)

  • No Brokerage The Purchaser has not incurred any obligation or liability, contingent or otherwise, for brokerage fees, finder's fees, agent's commissions, or the like in connection with this Agreement or the transactions contemplated hereby.

  • No Brokers The Company has taken no action which would give rise to any claim by any person for brokerage commissions, transaction fees or similar payments relating to this Agreement or the transactions contemplated hereby.