INTERMEDIARY Clause Samples
The INTERMEDIARY clause defines the role and responsibilities of a party acting as a go-between for two or more other parties in a transaction or agreement. Typically, this clause outlines the intermediary’s duties, such as facilitating communication, handling payments, or ensuring the exchange of goods or services, and may specify any limitations on their authority or liability. By clearly establishing the intermediary’s function and boundaries, this clause helps prevent misunderstandings and allocates risk among the parties involved.
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INTERMEDIARY. ▇▇▇ ▇▇▇▇▇▇▇▇▇ & Company, LLC, is hereby recognized as the Intermediary negotiating this Contract for all business hereunder. All communications (including notices, statements, premiums, return premiums, commissions, taxes, losses, Loss Adjustment Expenses, salvages, and loss settlements) relating thereto shall be transmitted to the Company or the Reinsurer through the Intermediary. Payments by the Company to the Intermediary shall be deemed payment to the Reinsurer. Payments by the Reinsurer to the Intermediary shall be deemed payment to the Company only to the extent that such payments are actually received by the Company.
INTERMEDIARY. ▇▇▇ ▇▇▇▇▇▇▇▇▇ & Company, Inc. is hereby recognized as the Intermediary negotiating this Agreement for all business hereunder. All communications (including but not limited to notices, statements, premium, return premium, commissions, taxes, losses, loss adjustment expense, salvages and loss settlements) relating thereto shall be transmitted to the Company or the Reinsurer through ▇▇▇ ▇▇▇▇▇▇▇▇▇ & Company, Inc., ▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇. Payments by the Company to the Intermediary shall be deemed to constitute payment to the Reinsurer. Payments by the Reinsurer to the Intermediary shall be deemed to constitute payment to the Company only to the extent that such payments are actually received by the Company.
INTERMEDIARY. Third party, different and independant from the END-USER, that makes an order on behalf of the END-USER, and to which the COLLECTION addresses the MATERIAL. These can be whole-salers, importers, or other type of intermediary agents, unrelated to the END-USER’s institution.
INTERMEDIARY. Carvill America Incorporated is hereby recognized as the Intermediar▇ ▇▇▇▇▇iating this Contract for all business hereunder. All communications including notices, premiums, return premiums, commissions, taxes, losses, loss adjustment expenses, salvages and loss settlements relating thereto shall be transmitted to the Reinsurer or the Reassured through Carvill America Incorporated at The Pinnacle, 3455 Peachtree Road, N.▇., ▇▇ite 375, Atlanta Georgia 30326. Payment▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇nstitute payment to the Reinsurer. Payments by the Reinsurer to the Intermediary will be deemed only to constitute payment to the Reassured to the extent that such payments are actually received by the Reassured.
INTERMEDIARY. Guy ▇▇▇▇▇▇▇▇▇ & ▇ompany, Inc. is hereby recognized as the Intermediary negotiating this Agreement for all business hereunder. All communications (including but not limited to notices, statements, premium, return premium, commissions, taxes, losses, loss adjustment expense, salvages and loss settlements) relating thereto shall be transmitted to the Company or the Reinsurer through Guy ▇▇▇▇▇▇▇▇▇ & ▇ompany, Inc., 180 ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇-▇▇▇▇. ▇▇yments by the Company to the Intermediary shall be deemed to constitute payment to the Reinsurer. Payments by the Reinsurer to the Intermediary shall be deemed to constitute payment to the Company only to the extent that such payments are actually received by the Company.
INTERMEDIARY. Aon ▇▇▇▇▇▇▇▇ Inc., or one of its affiliated corporations duly licensed as a reinsurance intermediary, is hereby recognized as the Intermediary negotiating this Contract for all business hereunder. All communications (including but not limited to notices, statements, premiums, return premiums, commissions, taxes, losses, loss adjustment expense, salvages and loss settlements) relating to this Contract will be transmitted to the Company or the Reinsurer through the Intermediary. Payments by the Company to the Intermediary will be deemed payment to the Reinsurer. Payments by the Reinsurer to the Intermediary will be deemed payment to the Company only to the extent that such payments are actually received by the Company.
INTERMEDIARY. [If applicable, insert Intermediary’s full name and business name.]
(a) No complete item 1.8(d) The Club Yes complete item 1.8(b) No complete item 1.8(c)
INTERMEDIARY. The Intermediary shall provide Vanguard with wire instructions in good order for each Account. Instructions may be provided via an applicable Vanguard institutional account registration form or by another method accepted by Vanguard. The applicable instructions on file shall be utilized with respect to each applicable Order for such Account. Changes to such instructions must be effected by the Intermediary in writing, in accordance with and subject to Vanguard’s then-current documentation requirements.
INTERMEDIARY. ▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇ & Co Ltd is hereby recognised as the Intermediary negotiating this agreement for all business hereunder. All communications (including but not limited to notices, statements, premiums, return premiums, commissions, taxes, losses, loss adjustment expenses, salvages, and loss settlements) relating thereto shall be transmitted to the Company or Reinsurers through the office of ▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇ & Co Ltd, Landmark House, ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇. Payments by the Company to the Intermediary shall be deemed to constitute payment to Reinsurers. Payments by Reinsurers to the Intermediary shall be deemed only to constitute payment to the Company to the extent that such payments are actually received by the Company.
INTERMEDIARY. “Intermediary” includes an introducing broker, fully disclosed futures commission merchant, foreign broker, or any other person or entity acting in a similar capacity.