TRANSACTION COORDINATOR Clause Samples

The Transaction Coordinator clause designates a specific individual or entity responsible for managing and overseeing the administrative aspects of a transaction. This coordinator typically handles communication between parties, ensures that all necessary documents are completed and submitted on time, and tracks key deadlines throughout the process. By centralizing these tasks, the clause helps streamline the transaction, reduces the risk of missed steps, and ensures that all parties remain informed and compliant with procedural requirements.
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TRANSACTION COORDINATOR. Independent Contractor shall submit all documentation associated and required for the transactions to the Broker transaction coordination department. Submission of all documentation will be done as per the direction and within the time frames dictated by executed Listing Agreement and/or Residential Purchase Contract. Independent Contractor shall be responsible to submit any documentation required by Broker as directed by Transaction Coordinator. It is the policy of the broker that the agent submit all documentation to the broker within 3 days of execution. Any delay in delivery or lack of any documentation will result in a late fee and/or delay in release of any commission due to Independent Contractor until the required documentation is received by Broker.
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TRANSACTION COORDINATOR. ▇▇▇▇▇▇(s) has engaged the services of a transaction coordinator who will be assisting the broker in the processing of the real estate transaction. The transaction coordinator’s services may include, but not be limited to, the following: gathering necessary information and paperwork for and from buyers and sellers, overseeing and organizing contractual deadlines, communicating, and coordinating with lenders, title companies, inspectors, other brokers in the transaction and the parties to the contract to facilitate the closing of the real estate transaction, and assembling the final real estate transaction file for closing. TCs OWE BROKER DUTIES AS SET FORTH ON COVER PAGE 1. ATTN TCs: USE NMAR FORM 2100 TO MAKE ANY DISCLOSURES REQUIRED BY BROKER DUTIES. Name of Transaction Coordinator: .
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TRANSACTION COORDINATOR. A transaction coordinator is a licensee who is not acting as an agent of either the Landlord or the Prospective Tenant, yet is providing services to complete a real estate transaction. The transaction coordinator is not an agent for either party and therefore owes no fiduciary duty to either party. The transactional coordinator is not the advocate of either party and therefore has no obligation to “negotiate” for either party. The responsibilities to the transaction coordinator typically include: □ Providing access to and the showings of the property. □ Providing access to market information □ Providing assistance in the preparation of an application for lease reflects the terms of the parties’ agreement. □ Presenting an offer to lease any subsequent counter-offers. □ Assisting all parties in undertaking all steps necessary to carry out the agreement for lease.
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TRANSACTION COORDINATOR. Contractor shall submit all documentation associated and required for the transactions to the PREN transaction coordination department. Submission of all documentation will be done as per the direction and within the time frames dictated by executed Listing Agreement and/or Residential Purchase Contract. Contractor shall be responsible to submit any documentation required by PREN as directed by Transaction Coordinator. Any delay in delivery or lack of any documentation will result in delay in release of any commission due to contractor until the required documentation is received by PREN.
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Related to TRANSACTION COORDINATOR

  • Project Coordinator The Project Coordinator coordinates and manages the Project and represents the Participants before Stichting LSH-TKI. Participants appoint [Participant] as Project Coordinator and authorize Mr/Mrs ……….. to carry out the tasks set forth under this Section 6.7 and Section 6.8. In particular, the Project Coordinator shall be responsible for: preparing the meetings, proposing decisions and preparing the agenda of Project Committee chairing the meetings, preparing the minutes of the meetings and monitoring the implementation of decisions taken at meetings; monitoring compliance by the Participants with their obligations; keeping the address list of Members and other contact persons updated and available; collecting and reviewing information on the progress of the Project and submitting outline scientific reports and other deliverables (including financial statements and related certification), if required, to Stichting LSH-TKI and other Participants; transmitting promptly documents and information connected with the Project; administration of the Budget and fulfilling the financial tasks, all as described in Article 7; providing, upon request, the Participants with official copies or originals of documents which are in the sole possession of the Project Coordinator when such copies or originals are necessary for the Participants to present claims. The Project Coordinator shall not be entitled to act or to make legally binding declarations on behalf of any other Participant.

  • Scheduling Coordinator Buyer shall act as the Scheduling Coordinator for the Project. In that regard, Buyer and Seller shall agree to the following:

  • Service Coordinators Each Party has designated an employee or title as the key contact for the day-to-day implementation or monitoring of each Service as specified in the applicable Transition Service Schedule (each, a “Service Coordinator”). The Parties shall direct communications relating to specific Services to the applicable Service Coordinators. The Service Coordinators shall report to the Transition Committee from time to time, as directed by the members of the Transition Committee designated by the applicable Party.

  • Security Coordinator Provider shall provide the name and contact information of Provider’s Security Coordinator for the Student Data received pursuant to the DPA.

  • Coordinator 6.4.1 The Coordinator shall be the intermediary between the Parties and the Funding Authority and shall perform all tasks assigned to it as described in the Grant Agreement and in this Consortium Agreement. 6.4.2 In particular, the Coordinator shall be responsible for: - monitoring compliance by the Parties with their obligations - keeping the address list of Members and other contact persons updated and available - collecting, reviewing to verify consistency and submitting reports, other deliverables (including financial statements and related certifications) and specific requested documents to the Funding Authority - transmitting documents and information connected with the Project to any other Parties concerned - administering the financial contribution of the Funding Authority and fulfilling the financial tasks described in Section 7.3 - providing, upon request, the Parties with official copies or originals of documents which are in the sole possession of the Coordinator when such copies or originals are necessary for the Parties to present claims. If one or more of the Parties is late in submission of any project deliverable, the Coordinator may nevertheless submit the other parties’ project deliverables and all other documents required by the Grant Agreement to the Funding Authority in time. 6.4.3 If the Coordinator fails in its coordination tasks, the General Assembly may propose to the Funding Authority to change the Coordinator. 6.4.4 The Coordinator shall not be entitled to act or to make legally binding declarations on behalf of any other Party or of the consortium, unless explicitly stated otherwise in the Grant Agreement or this Consortium Agreement 6.4.5 The Coordinator shall not enlarge its role beyond the tasks specified in this Consortium Agreement and in the Grant Agreement. [Option: 6.5 Management Support Team (Optional, where foreseen in Grant Agreement or otherwise decided by the consortium) The Management Support Team shall be proposed by the Coordinator. It shall be appointed by the Executive Board and shall assist and facilitate the work of the Executive Board and the Coordinator for executing the decisions of the General Assembly as well as the day-to-day management of the Project.] [Option: 6.6 External Expert Advisory Board (EEAB) (Optional, where foreseen in the Grant Agreement or otherwise decided by the consortium) An External Expert Advisory Board (EEAB) will be appointed and steered by the Executive Board. The EEAB shall assist and facilitate the decisions made by the General Assembly. The Coordinator is authorised to execute with each member of the EEAB a non-disclosure agreement, which terms shall be not less stringent than those stipulated in this Consortium Agreement, no later than 30 calendar days after their nomination or before any confidential information will be exchanged, whichever date is earlier. The Coordinator shall write the minutes of the EEAB meetings and prepare the implementation of the EEAB's suggestions. The EEAB members shall be allowed to participate in General Assembly meetings upon invitation but have not any voting rights.]