Common use of Fiduciary Responsibilities Clause in Contracts

Fiduciary Responsibilities. Title to each of the works of art remains with the artist until the artist has been paid in full the amount owing them for the works of art; title then passes directly to the purchaser. All proceeds from the sale of the works of art shall be held in trust for the artist.

Fiduciary Responsibilities. Title to each of the works of art remains with in the artist Artist until the artist Artist has been paid in the full the amount owing them him for the works of art; title then passes directly to the purchaserPurchaser. All proceeds from the sale of the works of art shall be held in trust for the artistArtist. The Gallery shall pay all amounts due the artist before any proceeds of sales can be made available to any creditors of the Gallery.

Fiduciary Responsibilities. Title to each of the works of art remains with in the artist Artist until the artist Artist has been paid in the full the amount owing them him for the works of art; title then passes directly to the purchaser. All proceeds from the sale of the works of art shall be held in trust for the artistPurchaser.