Franchise Agent definition
Examples of Franchise Agent in a sentence
Franchise Agent appoints Brooke as its attorney in fact to endorse or deposit checks made payable to Franchise Agent by customers, Companies or master general agents.
Any Policies for which a Franchise Agent is responsible for all or any part of premium or fee billing and collection.
Franchise Agent agrees that it is fully responsible for the acts and omissions of its owners, officers, directors, employees and independent contractors (for purposes of this subparagraph, collectively “Franchise Agent”).
Weather Cancellations: The applicant will be responsible to pay members the four (4) hour minimum including the administrative fee if the event is canceled due to inclement weather.
Brooke shall not divulge any such confidential information to anyone without the consent of Franchise Agent unless disclosure is compelled by law.
Franchise Agent acknowledges that Brooke, in its sole and absolute discretion, shall decide which Companies Franchise Agent may use.
Brooke may assign its rights, property interests and obligations hereunder to any Person, but not withstanding the preceding sentence, the rights, property interests and obligations hereunder shall not be assignable by Franchise Agent except as set out herein.
Franchise Agent must also be a member of the state independent agents association to be eligible for errors and omissions coverage and may be required to participate in errors and omissions loss control seminars.
Brooke may require Franchise Agent to participate in additional training and/or meet additional qualifications to offer life and health insurance, investment, banking and/or credit services.
Brooke shall credit Franchise Agent Account for Net Premiums returned to Brooke from Companies for Customer Accounts in the amounts indicated on the appropriate Company Billing.