Hub Agent definition

Hub Agent means GAC HUB SERVICES DWC-LLC, a company incorporated and registered in the Emirate of Dubai with company number 8240, whose registered office is at WH: CL-1-WA 65, Logistics District, Dubai World Central, Dubai, UAE.

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Hub Agent means GAC HUB SERVICES DWC-LLC, a company incorporated and registered in the Emirate of Dubai with company number 8240, whose registered office is at WH: ▇▇-▇-▇▇ ▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇.

Examples of Hub Agent in a sentence

• Such indemnity shall extend to all acts, matters and things done, suffered or incurred by the Hub Agent during the duration of the Appointment Period, notwithstanding any termination thereof, provided always that this indemnity shall not extend to matters arising by reason of the wilful misconduct or negligence of the Hub Agent.

• If any such withholding or deduction is required by applicable law, the Principal shall, when making the payment to which the withholding or deduction relates, pay to the Hub Agent such additional amount as will ensure that the Hub Agent receives the same total amount that it would have received if no such withholding or deduction had been required.

• The Hub Agent shall provide the Principal with full statement of account on request.

• The Principal confirms that the Hub Agent is not required to negotiate or secure particular terms when making the Booking Confirmation where to do so would result in a change in the Sub-Agent's usual terms and conditions for the services to be performed by it.

• The Pre-funding shall be paid by electronic funds transfer of immediately available funds to the bank account specified by the Hub Agent.

• The Principal agrees that the Hub Agent is under no obligation to disclose separately to the Principal the amount of its fee.

• The Principal acknowledges and agrees that the Hub Agent will use the Pre-funding to pay some or all of the Disbursements and the proportion of the Remuneration payable to the Sub-Agent before any of the Agency Services are provided by the Sub-Agent.

• Any correspondence or other communications in relation to any financial matters shall be direct between the Principal and the Hub Agent.

• The Principal acknowledges and agrees that, where appropriate, the Hub Agent may select and appoint one or more of its Affiliates to provide the Agency Services.

• The Hub Agent agrees that it shall maintain and pay at its own expense for any insurance against errors or omissions of its officers and employees to cover its liability under this Agreement.