Principal Agent definition

Principal Agent means the person or entity appointed by the employer and named in the schedule. In the event of a principal agent not being appointed, then all the duties and obligations of a principal agent as detailed in the agreement shall be fulfilled by a representative of the employer as named in the scheduleClause 1.1 Definition of "Security" is amended by replacing it with the following:
Principal Agent means a qualified architect or senior architectural technologist or a member of The South African Council for the Architectural Profession to be appointed by the Seller;
Principal Agent means the person or entity appointed by the employer and named in the schedule. In the event of a principal agent not being appointed, then all the duties and obligations of a principal agent as detailed in the agreement shall be fulfilled by a representative of the employer as named in the schedule.

Examples of Principal Agent in a sentence

  • Clause 7.0 - Design responsibility Clause 7.0 is deemed to be amended by adding the following new sub-clause 7.4: The Contractor shall promptly inform the Principal Agent of any patent defects or errors in any design.

  • SUPPLEMENTARY PREAMBLES Prefabricated trusses shall be fabricated in a factory by a truss fabricator who has been awarded a Certificate of Competence by the Institute of Timber Construction and is approved by the Principal Agent.


More Definitions of Principal Agent

Principal Agent means the Professional Service Provider appointed as such.
Principal Agent means Deutsche Bank AG, London Branch.
Principal Agent means the person executing the Trust Instrument in the capacity of issuing and paying agent.
Principal Agent means, subject to §8 para. 1, the Principal Agent specified in the applicable Product Terms or, if no Principal Agent is specified in the Product Terms, Deutsche Bank AG, acting through the office through which the Securities have been issued (as specified in the definition of "Issuer" in the Product Terms).
Principal Agent means, subject to §8 para. 1, Deutsche Bank AG, acting through the office through which the Securities have been issued (as specified in the definition of "Issuer" in the Product Terms).§9 Calculation Agent
Principal Agent means the person or entity appointed by the client and who has full authority and obligation to act in terms of the construction contracts.