Appointment of the Service Provider Sample Clauses
The 'Appointment of the Service Provider' clause formally designates a specific party to perform certain services under the agreement. It typically outlines the scope of services to be provided, the effective date of the appointment, and any conditions or qualifications required of the service provider. This clause ensures that both parties are clear about who is responsible for delivering the agreed services, thereby establishing accountability and preventing disputes over roles and responsibilities.
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Appointment of the Service Provider. On the terms and conditions set forth in this Agreement, the Company hereby appoints the Service Provider, and the Service Provider hereby accepts its appointment, as a provider of certain financial and management services to the Company as described herein.
Appointment of the Service Provider i. Subject to the terms and conditions contained in this Agreement, PNBHFL hereby appoints Service Provider on non-exclusive basis to market the Financial Products of PNBHFL to the Potential Customers in the Designated Territory and/or to perform the functions, duties and operations specified in this Agreement. PNBHFL shall be free to appoint any other person(s) in the Designated Territory to perform similar or other functions as specified by PNBHFL at its sole discretion.
ii. For rendering the services and/or perform the functions, duties and operations specified in this Agreement including the Scope of Services of this Agreement, the Service Provider shall be paid commission, at the rate specified in Schedule I attached hereto, after disbursement of the loan/facility to the Potential Customer or as agreed between the Parties (“Commission”). The Commission shall be disbursement linked. However, it is hereby clarified that the Service Provider shall not be entitled to any other benefit except Commission for providing the Services in terms of this Agreement and PNBHFL may, at any time, revise the Commission, at its sole discretion, payable to the Service Provider, without any prior notice or without assigning any reason to the Service Provider;
iii. Payment of any fee/incentive accruing to the Service Provider for the Services provided shall be made to the Service Provider only by way of direct credit to the bank account of Service Provider.
iv. It is agreed between the Parties that other than the Commission that is payable on the first disbursement, PNBHFL shall not be under any obligation to pay any further Commission on the subsequent disbursements of a given loan in the event the Service Provider is not able to provide any fresh leads for a continuous period of six months from the date of first disbursement of the last generated lead.
v. It is hereby agreed between the Parties that no Commission shall be paid to Service Provider for any renewal of any loan/facility/ Financial Products, granted by PNBHFL to customer who/which was identified as Potential Customer by the Service Provider and had already been granted a loan/facility;
vi. It is further clarified and hereby agreed by the Service Provider that PNBHFL has the right to reverse the commission/payout paid to the Service Provider for all or any loan/facility/ Financial Products pre-closed/foreclosed on or before 12 months from the date of the loan/facility availed by the customer who/which was iden...
Appointment of the Service Provider. Appointment
Appointment of the Service Provider. 4.1. DBSA hereby appoints the Service Provider to provide the Services for the projects or programmes stated in the Task Order Contract. The Service Provider accepts the appointment on the terms and conditions stated in this Agreement.
4.2. The Service Provider shall act as an independent party and has no authority to enter into agreements binding DBSA outside the terms of this Agreement.
4.3. In so far as it is necessary for the Service Provider to perform its functions under this Agreement, DBSA delegates to the Service Provider the authority necessary to carry out the functions, as stated in the Task Order Contract.
4.4. DBSA agrees to pay the Service Provider a Fee, as stated in the Task Order Contract.
Appointment of the Service Provider. Effective upon the date first set forth above (the “Effective Date”) and until this Agreement is terminated in accordance with Section 11, each Fund hereby employs the Service Provider to provide such services as shall be set forth herein and as may otherwise be agreed by the parties from time to time.
Appointment of the Service Provider. 1.1 The Investor agrees to employ the Service Provider on an exclusive basis to perform the Service and the Service Provider agrees to perform these services; and
1.2 This is a non-exclusive agreement. The Service Provider is free to perform services for other clients and the Investor is free to employ other providers to perform services covered by this Agreement.
Appointment of the Service Provider. 3.1 UGU District Municipality appoints the Service Provider and the Service Provider accepts the appointment for the provision of vehicles on finance lease and related equipment under the original Municipal Contract No: UGU-05-1668-2024 read with this service level agreement and annexures.
3.2 All rights and obligations arising from this agreement shall be deemed to have come into operation on the signature by the last party hereto in so far as it is not covered in the Bid Document which already forms a binding agreement between the parties.
3.3 Neither the appointment of the Service Provider in clause 3.1 nor anything in this agreement shall give rise to or be construed as giving rise to an employer/ employee relationship between the parties, nor shall it give rise to a joint venture nor an agreement of partnership between the parties, nor shall it give rise to a labour broking agreement.
3.4 The parties acknowledge that neither of the parties has any authority whatsoever to represent or to bind the other party in any capacity whatsoever. In particular, but without limiting the generality of the foregoing, neither of the parties shall be entitled to conclude any contract or sign any document on behalf of the other party, or in any way bind the other party’s performance or discharge of any obligation.
Appointment of the Service Provider. SAA hereby engages and appoints the Service Provider to render to SAA the Services, upon and subject to the terms and conditions of this Agreement and in particular, but without limitation, strictly on and in accordance with the instructions of SAA.
Appointment of the Service Provider. 3.1 In accordance with the award of this contract to the SERVICE PROVIDER, the DEPARTMENT hereby appoints the SERVICE PROVIDER, which hereby accepts the appointment to provide the Services in accordance with the terms of this Agreement.
3.2 Notwithstanding the date of signature of this Agreement, all rights and obligations arising from this Agreement must be deemed to have come into operation on the Commencement date.
3.3 Neither the appointment of the SERVICE PROVIDER in Clause 3.1 nor anything in this Agreement shall give rise to or be construed as giving rise to an employer- employee relationship between the PARTIES nor that of principal and agent, nor shall it give rise to a joint venture nor an agreement of partnership between the PARTIES, nor shall it give rise to a labour broking agreement.
3.4 Notwithstanding anything to the contrary contained herein, the PARTIES acknowledge that neither of the PARTIES has any authority whatsoever to represent or to bind the other in any capacity whatsoever. In particular, but without limiting the generality of the aforegoing, neither of the PARTIES must be entitled to conclude any contract or sign any document on behalf of the other party, or in any way bind the other party’s performance, variation, release or discharge of any obligation.
3.5 Neither of the PARTIES must acquire any rights, title or interest of any kind in any brand name or trademark of the other party or any of SLA V 0.1 06/05/08 Page 10 of 49 the other’s subsidiaries. All the PARTIES hereby acknowledge such rights, title or interest to be the sole and exclusive property of the other or such subsidiary as the case may be (“the owning party”). If called upon to do so by the owning party, the party or PARTIES called upon shall sign a user agreement in respect of any such brand name or trademark.
3.6 The SERVICE PROVIDER shall transfer to the card account of the beneficiary, the monies due to him / her in full, as per the SOCPEN Payment File, without making any deductions whatsoever.
Appointment of the Service Provider
