Central Agent definition
Examples of Central Agent in a sentence
It is recommended that the exposure of a "Central Agent's" marketing material on board a Central Agency vessel is kept out of sight of any client, and his guests, of a third party "Broker", for the duration of a charter, even if the client has been identified as a "shared client" by the "Central Agent".
In such circumstances, should a Charter Agreement be entered into, the recommended procedure is for the "Central Agent" to check their Firm’s database and to inform the "Broker" in writing if the client is already registered with the "Central Agent" and, if so, will continue to be marketed to, but within a generic context only.
Subscribers must ensure that they are not listing on their websites yachts under Central Agency with a competing brokerage company without the authorisation of that Central Agent, and failure to observe this may result in immediate suspension of any and all accounts held by the offending brokerage company.
It is acknowledged that some clients may be listed in their respective data bases by both the "Central Agent" and "Broker" and will therefore receive general marketing approaches from both sources.
The Seller will ensure that all enquiries made directly to the Vessel, its Captain and/or crew, directly concerning the sale of the Vessel, will be referred immediately to the Central Agent.
The Seller will request the captain and crew to give every assistance to the Central Agent, as required.
No warranty, either expressed or implied, can be given by the Central Agent as to the condition of the Vessel.
The Central Agent will not knowingly mislead either the Seller or the prospective Purchaser but cannot be held responsible for any errors or omissions of description that may arise from whatever source and no legal redress can be claimed with regards to any such omissions.
Please take advice from your fiscal agent or Central Agent on how to account for VAT from the APA effectively.
This does not prevent the Central Agent also being the Stakeholder.