Duties and Responsibilities of Agent Clause Samples
Duties and Responsibilities of Agent. At all times during the term of this Agreement, the Agent shall:
(a) diligently perform its obligations hereunder;
(b) prepare monthly statements of receipts, expenses and charges and provide the Owner with all such statements. Agent is authorized to retain all late fees and returned check charges;
(c) collect monthly rents, security deposits and other charges from tenants with respect to the Premises, and deposit the same into separate trust accounts maintained for that purpose. The Agent must maintain separate trust accounts for operating expenses (“Operating Trust Account”) and security deposits (“Security Deposit Trust Account”). The Agent will hold all security deposit funds in the Security Deposit Trust Account. The Agent will pay expenses involved in the operation of the Premises from funds on hand in the Operating Trust Account;
(d) accumulate and maintain a reserve in the Operating Trust Account of _____% of all monthly rental revenue, or such other amount as the Owner may direct in writing. The Agent shall not be required to perform any act or duty hereunder involving the expenditure of funds unless there are sufficient funds in the Operating Trust Account for such expenditure. The Agent may advance sums as necessary, but is not obligated to do so. In any such case Owner agrees to reimburse Agent for such advances promptly upon receipt of notice thereof;
(e) immediately notify the Owner if the reserve in the Operating Trust Account drops below % of monthly rental revenue;
(f) sign, renew or cancel leases and rental contracts for the Premises;
(g) establish a competitive rental rate for the Premises in accordance with existing market conditions, and change the rental rate as necessary to stay competitive, with the objective of maximizing the Owner’s return;
(h) conduct or arrange for inspections of the Premises prior to a tenant moving in and again when a tenant moves out;
(i) advertise the availability of the Premises for rent or lease;
(j) perform reference background checks on prospective tenants, including employment, financial, prior eviction and criminal background checks;
(k) terminate tenancies, and sign and serve in the name of the Owner such notices as are appropriate;
(l) coordinate with legal representatives to institute actions to evict tenants and recover possession of the Premises, and to recover rent and other charges due. The Agent shall pay all legal fees (up to a maximum of $_________) in the event an eviction is necessary, but ...
Duties and Responsibilities of Agent. The Agent shall: • Actively promote the Company’s products and services using ethical and professional marketing practices; • Generate qualified Leads and assist in converting such Leads into Closed Sales; • Abide by all policies and brand guidelines as communicated by the Company; • Refrain from making any representations or warranties not authorized by the Company; • Obtain written authorization prior to using any Company trademarks, logos, or proprietary materials in promotional content.
Duties and Responsibilities of Agent. The Agent undertakes to perform such duties and only such duties as are specifically set forth in this Note, and:
(i) the Agent shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Note and no implied covenants or obligations shall be read into this Note against the Agent; and
(ii) the Agent may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any certificates or opinions furnished to the Agent and conforming to the requirements of this Note; but, in the case of any such certificates or opinions that by any provisions hereof are specifically required to be furnished to the Agent, the Agent shall be under a duty to examine the same to determine whether or not they conform to the requirements of this Note (but need not confirm or investigate the accuracy of any mathematical calculations or other facts stated therein);
Duties and Responsibilities of Agent. 4.1 The Agent shall use the agent’s best endeavors to promote ACE and the Programs in the Territory and to secure student applications for the Programs. The Agent shall always carry out the Services in a responsible and ethical manner and to a high standard of quality as may be reasonable for ACE to expect in all the circumstances, and in any event in accordance with generally recognized commercial and/or educational practice and standards. Without prejudice to the generality of the foregoing, the Agent further agrees and undertakes:
(a) to take all steps to uphold and protect ACE’s interests, reputation and goodwill and not do or say or omit to do or say anything that would disparage or prejudice ACE’s interest, reputation and/or goodwill.
(b) to perform and carry out the Services in strict compliance with the terms of this Contract and in accordance with the Code of Conduct for Agents and as may from time to time be modified or amended and notified by ACE (hereinafter referred to as the “Code of Conduct”) and with all policies, regulations, instructions, and directions of ACE as may from time to time be notified to the Agent by ACE and with the Adverting code.
(c) to use only the brochures, promotional literature and price lists provided by ACE to promote ACE and/or the Programs and not use any other materials except with the prior written approval of ACE.
(d) not to make any misrepresentations or false or misleading statements about ACE and/or the Programs.
4.2 The Agent agrees to provide the accurate bank account and details to ACE to receive the commission.
4.3 The Agent shall additionally use its best endeavors for:
(a) verifying and ensuring that the student(s) recommended by them to ACE satisfy local requirements for overseas students as well as satisfy the standards and admission requirements set by ACE including the necessary educational requirements of the student(s) for the relevant Programs.
(b) ensuring the complete accuracy, originality and truth of the student’s information, details, and documentation(s).
(c) providing ACE with all information including student email address, local mobile number/WhatsApp number which are necessary to enable ACE to follow up on the student(s)’ application.
(d) providing accurate and complete information to the students on ACE and/or the Programs and on all information relevant and applicable for students for study in Singapore, but shall not make or give any warranties, guarantees, representations or other c...
Duties and Responsibilities of Agent. (a) The Agent will perform the duties and exercise the powers granted to the Agent hereunder in good faith and with reasonable diligence. The Agent will, upon the request of any Group Member, provide to the Group Member a report on the current status of the dissenters' rights proceedings, and will deliver to the Group Member a copy of any document or materials in the possession of the Agent as the Group Member may specifically request. Except as specifically provided herein, the Agent shall not have any duty or responsibility to provide any Group Member with any reports or other information.
(b) The Member expressly acknowledges that neither the Agent nor any of his attorneys, agents, or affiliates has made any representations or warranties to the Member and no act hereinafter taken by any of these persons shall be deemed to constitute any representation or warranty to the Member. Notwithstanding any provision to the contrary in this Agreement, the Agent shall not have any duties or responsibilities, except those expressly set forth herein, nor any fiduciary relationship within any Group Member, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or otherwise exist against the Agent. Further notwithstanding any other provision of this Agreement, the Agent shall not be liable for any action taken or omitted to be taken by the Agent in accordance with this Agreement except for his own gross negligence or willful misconduct. The Agent shall not be responsible for the negligence or misconduct of any attorneys, agents or other representatives selected by him provided that such selection occurs without gross negligence or 8 October 22, 1997 willful misconduct. The Agent shall not be responsible for any act or failure to act by any Lienholder.
(c) Any advice or statements of legal counsel shall be full and complete authorization and protection in respect of any action taken or suffered to be taken by the Agent hereunder in good faith and in accordance therewith. The Agent may rely, and shall be fully protected in acting, upon any statement, certificate, instrument, opinion, report, notice, request, consent, order, or other paper believed by him to be genuine and to have been signed or presented by the proper party or parties or, in the case of cables, telecopies, telecopies and telexes to have been sent by the proper party or parties. The Agent shall not be under any obligation to exercise an...
Duties and Responsibilities of Agent