AGENT AGREES Sample Clauses

AGENT AGREES. The Agent agrees to distribute the Company’s products in the Territory in accordance with the following obligations: (a) To provide the Company with a six (6) month forecast of their projected product needs. (b) To maintain sufficient Nauticon inventory in stock to satisfy the market’s projected demand. (c) To provide the company with changing marketing information so it can adjust to new market conditions & requirements. (d) To perform in accordance with all terms & conditions of this Agreement, including: i. Issuing appropriate letters of credit in a timely manner. ii. Issuing purchase orders with the proper lead-time (e) To obtain and pay all costs associated with, and be in possession of all official approvals, licenses, registrations, and permits for the effective operation of its business and its performance under this Agreement. (f) To conduct the Agent’s business in an efficient, responsible and ethical manner so as to enhance & support the reputation and goodwill of the Products in the Territory. (g) To refrain from manufacturing and selling any or part of all products which are, in the Company’s judgment, directly competitive with the Company’s Products. (h) To work with design and spec engineering, architect firms, and owners. (i) To be actively involved in commissioning all projects involving Power Cold products they have sold and or installed. (j) To provide scheduled maintenance and warranty service for all products sold and or installed by the Agent.
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AGENT AGREES. A. To manage on Owner’s behalf the rental, lease and operation of the Property in accordance with all applicable federal, state and local laws concerning the leasing and operation of residential property. Said services specifically do not include the loaning of money or the advancing of money to meet financial obligations and maintenance costs incurred with respect to the Property. B. To use its best efforts and diligence in securing tenants for rental of the Property, including advertising the Property and investigating employment, references and credit verification of prospective tenants at Agent’s expense. Agent will use its best efforts to get the highest possible rent for the Owner upon terms and price acceptable to Owner. C. To use diligence in the management of the Property for the period and upon the terms provided, and agrees to furnish services of Agent's organization for the renting, leasing, operation and managing of the Property, and to inspect the Property periodically exclusive of initial and final inspections with Tenant, or inspections necessitated by problems with the Property. Inspections are at the discretion of the Agent. D. At Owner’s expense, to make or cause to be made all ordinary repairs and replacements necessary to preserve the Property in its present condition for operating efficiency; to negotiate contracts for nonrecurring repair items not to exceed $ and to enter into agreements for all necessary repairs, maintenance, minor alterations, and utility services; and to purchase supplies and pay all bills. Agent shall secure the approval of the Owner for any single expenditure in excess of $ . If Owner elects to have major repairs and/or extensive renovations done while property is being managed by Agent, and Agent oversight is required, Owner and Agent must mutually agree to an additional fee to be paid by Owner to Agent for undertaking the responsibility of repair oversight. E. To render monthly statements of receipts, expenses and charges, and to remit to Owner receipts less disbursements, including Agent's Management Fee. Agent may provide monthly statements by e-mail, fax, or regular mail service. In the event the disbursements shall be in excess of the rents collected by the Agent, the Owner agrees to pay such excess promptly upon demand by the Agent. Agent will render a calendar year-end statement of all funds received and disbursed. F. To handle Tenants' security deposits in the manner described by law.
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AGENT AGREES. (A) To accept the management of the above-described property and to provide the services of the organization for the rent, operation and management of said property. (B) To verify employment, previous landlord, and credit report, concerning all references of prospective tenant, as available. (C) To render a monthly accounting of receipts, charges and expenses and remit balance to owner, less maintenance & service charges if applicable, and Agent’s commission. INITIAL INITIAL
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AGENT AGREES. A. To use reasonable skill and efforts to serve present tenants; to obtain suitable new tenants as vacancies occur; to furnish all services and to supervise all labor reasonably required for the management, operation and maintenance of the Owner’s property subject to the limitations and definitions of this Agreement and subject to the spending authorizations stated in Section 4B of this Agreement. B. To advise the Owner promptly of circumstances that Agent may encounter which require attention, but which in the Agent’s opinion are beyond the regular operating scope of this Agreement. Such circumstances might include, but are not limited to: Unusual or large maintenance, repair or property damage issues; unusual or serious issues involving tenants; Issues involving local, state or federal regulatory authority; unusual, serious issues involving vendors providing services to the property and serious issues involving on-site employees. C. All funds received on behalf of the Owner will be deposited to and disbursed from a non- interest bearing a 4 ELEMENTS PROPERTY MANAGEMENT, LLC Client’s Trust Account/ Property Name in accordance with Washington Statutes and Rules. Accounting is performed on a calendar month, cash basis. Agent may derive direct banking benefits (not including interest) which are hereby deemed permissible compensation to Agent in addition to that provided elsewhere in this Agreement. Bank where Agent shall hold Owner Funds in Trust: D. To deposit, hold and disburse all tenant security deposit funds from a 4 ELEMENTS PROPERTY MANAGEMENT, LLC Client’s Trust Account/ Security Deposits in accordance with Washington Landlord Tenant Law and Washington Statutes and Rules. Non-refundable tenant fees shall be deposited in the Cleint Trust Account as property income. Security Deposit Funds shall be held at:
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AGENT AGREES. 2.1 To accept the management of the Premises, to the extent, for the period, and upon the terms herein provided and agrees to furnish the services of its organization for the rental operation and management of the Premises. 2.2 To prepare a monthly statement of receipts and disbursements and to remit, on a monthly basis, the net cash flow generated by the Premises after payment of all operating expenses, debt service, and escrow payments, if applicable, to the following party: Secured Investment Resources Fund, L.P., III c/o David L. Johnson ▇04 Armour Road ▇.O. Box 34729 ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇al monthly disbursements are in excess of total monthly receipts, Owner shall promptly provide funds to cover such shortfalls. Nothing contained herein shall obligate Agent to advance its own funds on behalf of Owner to cover any shortfalls. 2.3 To cause all employees of Agent who handle or are responsible for the safekeeping of any monies of Owner to be covered by a fidelity bond in an amount and with a company determined by Agent.
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Related to AGENT AGREES

  • SELECTED DEALER AND SELECTED AGENT AGREEMENTS NLD shall have the right to enter into selected dealer agreements with securities dealers of its choice ("selected dealers") and selected agent agreements with depository institutions and other financial intermediaries of its choice ("selected agents") for the sale of Shares and to fix therein the portion of the sales charge, if any, that may be allocated to the selected dealers or selected agents; provided, that the Trust shall approve the forms of agreements with selected dealers or selected agents and shall review and approve the compensation set forth therein. A form selling agreement for the Funds is attached hereto. Selected dealers and selected agents shall resell Shares of the Funds at the public offering price(s) set forth in the Prospectus relating to the Shares. Within the United States, NLD shall offer and sell Shares of the Funds only to selected dealers that are members in good standing of FINRA.

  • Agency Agreement If more than one reinsured company is named as a party to this Contract, the first named company shall be deemed the agent of the other reinsured companies for purposes of sending or receiving notices required by the terms and conditions of this Contract, and for purposes of remitting or receiving any monies due any party.

  • Non-Reliance on Administrative Agent, Collateral Agent and Other Lenders Each Lender expressly acknowledges that neither the Administrative Agent nor the Collateral Agent nor any of their respective officers, directors, employees, agents, attorneys-in-fact or Affiliates has made any representations or warranties to it and that no act by the Administrative Agent or Collateral Agent hereinafter taken, including any review of the affairs of the Borrower, any Guarantor or any other Credit Party, shall be deemed to constitute any representation or warranty by the Administrative Agent or Collateral Agent to any Lender, the Swingline Lender or any Letter of Credit Issuer. Each Lender, the Swingline Lender and each Letter of Credit Issuer represents to the Administrative Agent and the Collateral Agent that it has, independently and without reliance upon the Administrative Agent, Collateral Agent or any other Lender, and based on such documents and information as it has deemed appropriate, made its own appraisal of and investigation into the business, operations, property, financial and other condition and creditworthiness of the Borrower, Guarantor and other Credit Party and made its own decision to make its Loans hereunder and enter into this Agreement. Each Lender also represents that it will, independently and without reliance upon the Administrative Agent, Collateral Agent or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit analysis, appraisals and decisions in taking or not taking action under this Agreement and the other Credit Documents, and to make such investigation as it deems necessary to inform itself as to the business, operations, property, financial and other condition and creditworthiness of the Borrower, any Guarantor and any other Credit Party. Except for notices, reports and other documents expressly required to be furnished to the Lenders by the Administrative Agent hereunder, neither the Administrative Agent nor the Collateral Agent shall have any duty or responsibility to provide any Lender with any credit or other information concerning the business, assets, operations, properties, financial condition, prospects or creditworthiness of the Borrower, any Guarantor or any other Credit Party that may come into the possession of the Administrative Agent or Collateral Agent any of their respective officers, directors, employees, agents, attorneys-in-fact or Affiliates.

  • Non-Reliance on Administrative Agent and Other Lenders Each Lender and the L/C Issuer acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender and the L/C Issuer also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunder.

  • Agent the Lender Group 87 16.1. Appointment and Authorization of Agent........................................................87 16.2.