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 schedule

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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, subject to §8(1), the Principal Agent specified in the 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).

Examples of Principal Agent in a sentence

• Substitute products of similar quality and specification may only be used with prior approval by the Principal Agent.

• Any approval given or observation made by the Principal Agent shall not relieve the Contractor of his sole responsibility to adopt the methods of construction and to provide the labour and plant resources necessary for the due and proper timeous execution of the Works.

• Contractors responsibility The Employer, the Principal Agent and the other professional consultants shall not be responsible for any act or omission on the part of the Contractor which may result in any patent or latent defects, in materials or workmanship, breach or neglect of any local regulations.

• Entries must be made by the Contractor and must be signed and forwarded to the Principal Agent for his counter- signature on a daily basis.

• The Tenderer shall produce, when required to do so by the Principal Agent, a Method Statement outlining the methods of construction and labour and plant resources that he proposes to use in the execution of the Works.

More Definitions of Principal Agent

Principal Agent means the agent/project manager appointed by the Developer in terms of the JBCC Principal Building Agreement, which agent shall be an architect or quantity surveyor;

Principal Agent means the person executing the Trust Instrument in the capacity of issuing and paying agent.

Principal Agent means the Professional Service Provider appointed as such.

Principal Agent means Deutsche Bank AG, London Branch.

Principal Agent means the entity appointed by the client to manage and administer the agreement entered into between the employer and a contractor for the execution of the project or part thereof

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).

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.