Common use of Third party representative Clause in Contracts

Third party representative. In making, delivering (which includes, for the avoidance of doubt, electronic delivery), receiving and/or accepting declarations pursuant to this Clause 2.1 (Instalment Sale of Vehicles), the Instalment Seller and any Instalment Purchaser may be represented by a duly authorised third party service provider acting in the name and on behalf of the Instalment Seller or the applicable Instalment Purchaser, respectively. The parties hereto agree that: (i) each party so represented shall deliver to the respective other party the relevant original power of attorney or the original of the relevant servicing contract containing such power of attorney, at the time of or prior to the direct declaration made, delivered (which includes, for the avoidance of doubt, electronic delivery), received and/or accepted on behalf of it; (ii) each party so represented shall promptly notify the respective other party of any amendments of such power of attorney; (iii) the Instalment Seller may only be represented by third party service providers incorporated in, and acting from, a jurisdiction other than Belgium; and (iv) each party shall procure that its respective service provider shall not sub-delegate its authority to any other Person.

Appears in 3 contracts

Sources: Belgian Master Instalment Sale and Administration Agreement (Hertz Corp), Belgian Master Instalment Sale and Administration Agreement (Hertz Corp), Belgian Master Instalment Sale and Administration Agreement (Hertz Corp)