Customer (Broker Sample Clauses

Customer (Broker. Dealer) or Accounts Payable: Without limiting the obligation to indemnify under B (vii) above, I shall be directly and primarily liable to the Company for accounts payable or the failure of any customer, or Broker/Dealers serviced by me, to deliver to the Company securities or funds required to properly close any securities sale or purchase transaction ("fail"). If I am a supervisor of one or more RR then I shall be liable to the Company for the failure to receive monies owed of any public customers and/or Broker/Dealers of any of my supervised RR's. The reasonableness of the conduct of the Company on performing or failing to perform any act in connection with any Fail, including the timing and terms of any "buy-in" or "sell-out", shall be in the Company's sole discretion and not be subject to question by me in the absence of fraud or bad faith. initial __________ I understand and agree that I am liable and fully responsible for any loss which the Company sustains as a result of any transaction conducted by me through my negligence incompetence, incapacity, or irresponsibility involving my customer account(s) under my management including but not limited to, all compliance with margin calls and all other matters which involve the failure of a customer to meet the client's financial responsibility or for customer allegations of churning unauthorized trading, fraud, suitability and the like and as further described in this Paragraph D, and I will indemnify and hold harmless the Company for any and all such losses including but not limited to the Company's attorney's fees and other related legal fees and costs, damages, expenses, claims or liabilities resulting from any such transactions. Management may consider on a case by case basis certain extenuating circumstances which may have contributed to or caused such loss.
Sample 1
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Related to Customer (Broker

  • Selling Broker Dealer -- A person registered as a broker-dealer and licensed as a life insurance agent or affiliated with a person so licensed, and authorized to distribute the Contracts pursuant to a sales agreement as provided for in Section 4 of this Agreement.

  • The Broker Dealer understands and agrees that in performing the services covered by this Agreement, it is acting in the capacity of an independent contractor and not as an agent or employee of PEPCO, and that it is not authorized to act for, or make any representation on behalf of, PEPCO or the Insurer except as specified herein. Broker-Dealer understands and agrees that PEPCO shall execute telephone transfer orders only in accordance with the terms and conditions of the then current prospectus applicable to the contracts and/or policies and agrees that, in consideration for the Broker-Dealer's right to exercise the telephone transfer privilege, neither PEPCO nor the Insurer will be liable for any loss, injury or damage incurred as a result of acting upon, nor will they be held responsible for the authenticity of, any telephone instructions containing unauthorized, incorrect or incomplete information. Broker-Dealer agrees to indemnify and hold harmless PEPCO and the Insurer against any loss, injury or damage resulting from any telephone exchange instruction containing unauthorized, incorrect or incomplete information received from Broker-Dealer or any of its registered representatives. (Telephone instructions are recorded on tape.)

  • Time Brokerage Agreement The Time Brokerage Agreement shall be in full force and effect, and Buyer shall have complied in all material respects with its obligations thereunder.

  • Personal Services The Member shall not be required to perform services for the Company solely by virtue of being a Member.

  • No Other Broker The Company will not incur any liability for any finder’s or broker’s fee or agent’s commission in connection with the execution and delivery of this Agreement, or the consummation of the transactions contemplated hereby.

  • The Managing Broker Dealer agrees to promptly notify the Company of the commencement of any litigation or proceedings against the Managing Broker-Dealer or any of its managers, members, partners, officers, employees, agents, attorneys and accountants in connection with the Offering.

  • REAL ESTATE BROKER Tenant represents to Landlord that Tenant has not dealt with any real estate broker with respect to this Lease except for any broker(s) listed in the Schedule, and no other broker is in any way entitled to any broker's fee or other payment in connection with this Lease. Tenant shall indemnify and defend Landlord against any claims by any other broker or third party for any payment of any kind in connection with this Lease.

  • Merchant (i) is a corporation duly organized, validly existing and in good standing under the laws of the state of its incorporation; (ii) has all requisite corporate power and authority to own, lease and operate its assets and properties and to carry on its business as presently conducted; and (iii) is and during the Sale Term will continue to be, duly authorized and qualified as a foreign corporation to do business and in good standing in each jurisdiction where the nature of its business or properties requires such qualification, including all jurisdictions in which the Stores are located.

  • Customer Agreement In the event of a conflict between this Agreement and any other agreement between the Bank and the Grantor, the terms of this Agreement will prevail.

  • Customer Services Provide services and systems dedicated to customer service, including billing, remittance, credit, collections, customer relations, call centers, energy conservation support and metering.

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