The Purchasers Agent Sample Clauses
The "Purchaser’s Agent" clause defines the role and authority of the agent acting on behalf of the purchaser in a transaction. It typically outlines the agent’s responsibilities, such as communicating offers, negotiating terms, and facilitating the completion of the purchase process. This clause clarifies the scope of the agent’s authority and ensures that all parties understand who is authorized to act for the purchaser, thereby reducing confusion and potential disputes during the transaction.
The Purchasers Agent. (a) shall have no duties or responsibilities except those expressly set forth in the Loan Documents, and shall not by reason of any Loan Document be a trustee for any Purchaser; (b) shall not be responsible to the Purchasers for any recitals, statements, representations or warranties contained in any Loan Document, or in any certificate or other document referred to or provided for in, or received by any of them under, any Loan Document, or for the value, validity, effectiveness, genuineness, enforceability or sufficiency or any Loan Document or any other document referred to or provided for in any Loan Document or for any failure by the Company or any other person or entity to perform any of its Obligations under any Loan Document (c) shall not be required to initiate or conduct any litigation or collection proceedings under any Loan Document; and (d) shall not be responsible for any action taken or omitted to be taken by it under any Loan Document or under any other document or instrument referred to or provided for in any Loan Document or in connection with any Loan Document.
The Purchasers Agent