Obligations of the Agent Sample Clauses

Obligations of the Agent. 7.1 The Agent shall perform the services in a good and efficient manner, diligently and with the degree of skill and management expected of a professional property services provider.
AutoNDA by SimpleDocs
Obligations of the Agent. The Agent shall perform the Services in compliance with the Operating Procedures applicable to such Services. Prior to, or concurrently with the execution of this Agreement, the Agent has delivered to the Funds copies of the current Operating Procedures; each of the Funds hereby acknowledges receipt and approval of such current Operating Procedures.
Obligations of the Agent. The Agent shall:-
Obligations of the Agent. 9.1 The Agent shall:
Obligations of the Agent. The Agent shall be bound to perform only such obligations as are expressly specified in this agreement as its obligations. Should the said not be the case, the Agent shall require instructions from the Banks, in the absence of the said instructions within a reasonable period of time following the Agent's request, or in case the Agent receives the instructions only from some of the Banks or in case the instructions are contradictory, the Agent shall be entitled to act as it considers to be in the interest of the Banks, as reasonably assumed by the Agent in each particular case. The said does not bind the Agent to act in any manner whatsoever in the absence of instructions of the Banks. Save if expressly provided for otherwise, as a valid instruction, binding upon all Banks shall be deemed to be an instruction delivered to the Agent by Majority Banks. The Agent shall perform its duties under this agreement with such care as exercised by the Agent in its own affairs. Within the meaning of the preceding paragraph the Agent shall in particular: deliver to the Banks all information related to the Borrower and the Loan, which the Agent receives in connection with performing its duties and exercising its rights as the Agent under this agreement, promptly notify each Bank of the contents of any notices or documents that it has received in its capacity of Agent from the Borrower, immediately notify each Bank of the occurrence of the events specified in Article VII, Section 7.02. hereof or of any non-performance by the Borrower of its obligations, such information being received by the Agent from any contractual party, when performing its obligations under this agreement, be entitled to receive all payments from the Borrower under the Loan for the account of the Banks and carry out all procedures for disbursement and repayment of the Loan (calculation of interest, notifications and similar), at the request of Majority Banks refrain or postpone the exercise of its rights in relation to the Borrower under this agreement. The Agent shall be at any time entitled to postpone or reject the particular act or procedure, which in its opinion is contrary to the regulations or which might result in creation of obligations in relation to other contractual parties and third parties, which are not directly related to the Agent's obligations under this agreement, as well as to take such steps as are in the Agent's opinion necessary and adequate to ensure that its acts and procedure...
Obligations of the Agent. During the term of this agreement the Marketing Agent shall use his best efforts to advertise and promote the sale of the Products of the Company and to make regular and sufficient contact with the present and prospective customers of the Company in the Territory.
Obligations of the Agent a. The Agent agrees to refer leads to the Broker for the purpose of obtaining Life insurance advice for the clients.
AutoNDA by SimpleDocs
Obligations of the Agent. 2.1 In performing its activities, the Agent shall look after the Principal's interests and act dutifully and in good faith.
Obligations of the Agent. The AGENT shall:
Obligations of the Agent. The Agent shall not have any duties or obligations except those expressly set forth hereunder or under the other Loan Documents. Without limiting the generality of the foregoing, (a) the Agent shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing, (b) the Agent shall not have any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated hereby that the Agent is required to exercise in writing by the Required Lenders (or such other number or percentage of the Lenders as shall be necessary under the circumstances as provided in Section 9.02), (c) the Agent shall not be responsible for insuring any Collateral, for the payment of taxes, charges, assessments or Liens upon any Collateral or otherwise as to the maintenance of any Collateral or any income thereon or as to the preservation of rights against prior parties or any other rights pertaining thereto (except the duty to accord such of the Collateral as may be in its actual possession and control substantially the same care as it accords its own assets and the duty to account for monies received by it), and (d) except as expressly set forth herein, the Agent shall not have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to any Deal Party, any Investor, or any of their respective subsidiaries that is communicated to or obtained by the bank serving as Agent or any of its Affiliates in any capacity. The Agent shall not have by reason of the execution and delivery of the Loan Documents, the performance of any of its obligations thereunder, or by the use of the term "Agent", a fiduciary relationship in respect of any Lender, the Issuing Bank or any Credit Party.
Time is Money Join Law Insider Premium to draft better contracts faster.