Obligations of the Intermediary Sample Clauses
The "Obligations of the Intermediary" clause defines the specific duties and responsibilities that the intermediary must fulfill under the agreement. This typically includes requirements such as facilitating communication between parties, ensuring the proper transfer of funds or goods, maintaining confidentiality, and adhering to any relevant legal or regulatory standards. By clearly outlining these obligations, the clause ensures that the intermediary's role is well-defined, reducing the risk of misunderstandings and helping to allocate responsibility in the event of a dispute.
Obligations of the Intermediary. 4.1 The Intermediary undertakes and agrees with BES at all times during the term of this Agreement:
4.1.1 to perform its duties in accordance with:
4.1.1.1 the terms of this Agreement including, without limitation, any Addendums that may apply 1; and
4.1.1.2 the procedures outlined in any manual for any online tool;
4.1.2 to not enter into contracts for Inspection Services for an Inspection Fee lower than that quoted by BES without the written consent of BES;
4.1.3 to only produce quotes for Inspection Services using a BES online tool or BES pricing team and to not conclude any contract for Inspection Services on behalf of BES unless authorisation has been given by BES;
4.1.4 to act towards BES conscientiously and in good faith and to negotiate, conclude and enter into contracts for Inspection Services in the name of and on behalf of BES;
4.1.5 to not amend, vary supplement or waive any of the BES Standard Terms and Conditions, nor make any representations nor give any warranties to any Customer on behalf of BES other than as expressly set out in this Agreement;
4.1.6 except as authorised by BES in this Agreement, not to act in a way which will incur any liabilities on behalf of BES nor to pledge the credit of BES;
4.1.7 to comply with all reasonable and lawful instructions of BES from time to time concerning its obligations, and generally to carry out its obligations in such manner as it thinks best to promote the interests of BES;
4.1.8 to employ a sufficient number of suitably trained personnel to ensure the proper fulfilment of the Intermediary's obligations under this Agreement;
4.1.9 to inform BES promptly of any complaint concerning the Inspection Services received by the Intermediary;
4.1.10 to provide BES with all necessary paperwork and documentation in order for it to provide the Inspection Services to the Customer;
4.1.11 to ensure that the Inspection Services are subject to the BES Standard Terms and Conditions;
4.1.12 to ensure that the Customer is provided with a copy of the BES Standard Terms and Conditions and any associated documents that BES may stipulate from time to time;
4.1.13 to take such action as BES may from time to time request to seek to collect the debts owing to BES by Customers or to assist BES in taking such action, but not to take any such action without BES's prior written instructions; and
4.1.14 to fully indemnify and hold harmless BES against any liabilities incurred by BES as a result of the Intermediary exceeding the...
Obligations of the Intermediary. Under this Agreement:
(a) The Intermediary shall act in an honest, correct and professional way, in accordance with the Client’s best interest;
(b) The Intermediary shall execute the Client’s orders as such, provided they do not contravene the legal regulations in force and the provisions set herein;
(c) The Intermediary has the obligation to open with the Central Depositary securities accounts for the Client that does not use the services of a custodian agent, and to perform the activities necessary to operate and maintain such accounts. The Intermediary is not responsible for updating the data of the Client’s account if the Client has not communicated to the Intermediary the modification of such data and the relevant supporting documents.
(d) The Intermediary has the obligation to open, operate and maintain in its own books a dedicated account in ▇▇▇, separated from its own accounts and from the accounts of other clients, in order to record therein the Client’s funds and to make the payments and receipts corresponding to financial instruments operations. The dedicated account will be opened by the Intermediary after the Client has filled in and signed the Application for the opening of a dedicated account, attached hereto.
(e) The Intermediary has the obligation to use the amounts deposited by the Client in the account exclusively dedicated to the execution of orders and the guarantee of the Client’s transactions.
(f) The Intermediary is under the obligation of keeping records of all the instructions and orders received, of the transactions and documents that generate a modification of the positions in the Client’s cash and financial instruments accounts;
(g) The Intermediary shall provide the Client, once a year, at the beginning of the first month, with a report on all the transactions made the previous year or, on the Client’s specific request, with a full report on a certain transaction/all the transactions made during the time span indicated according to the provisions of art. 7.3;
(h) The Intermediary shall transmit to the Client the information regarding the latter’s investment activity, meaning:i) the order execution confirmation form, which will be transmitted within 24 hours as of the transaction time; ii) the Client reporting form (Portfolio), to be sent on a monthly basis or at any time the Client requests it; iii) the statement of account, to be sent to the Client on a monthly basis or at any time the Client requests it;
(i) The Intermediary...
Obligations of the Intermediary organisation (if applicable)
Obligations of the Intermediary. The Intermediary shall:
11.1 only transact insurance business within the Republic of South Africa;
11.2 not cede, assign or otherwise encumber in any way any of his rights or obligations under this agreement, without the prior written consent of *****;
11.3 not appoint any sub-agents to canvass for or market the insurance business without first obtaining *****’s written approval and complying with the conditions for such appointment, if any, communicated by ***** to the Intermediary from time to time; at all times implement the relevant policies, practice, instructions, direction and rules of ***** as may be communicated to the Intermediary from time to time; comply with the Act and the rules and regulations pertaining thereto, particularly sections 45, 48 and 55 thereof and the Rules and Regulations published thereunder, as well as all other laws relating to their business and the business of insurance including the Financial Advisory and Intermediary Services Act, 2002 (“FAIS”), the Financial Intelligence Centre Act (“FICA”), 2002 and the Prevention of Organised Crime Act, 1999 pertaining thereto ensure that all employees who market any policies, receive the necessary training, in order to possess the relevant knowledge, competency and proficiency in the policies that they may market; individually accredit such trained employees (as per 11.6) who market such policies and ensure that only such employees act in this capacity; maintain an accreditation register, the details of which have to be communicated to ***** at least quarterly; observe good faith towards ***** and the insured’s; not hold out or represent anything which is contrary to the terms, conditions, restrictions and the like to which the insurance business is subject; not be entitled to advertise the insurance business in any media or communicate with the media in regard to the insurance business without the written approval of *****; prior to dealing with an insured on behalf of *****, advise insured’s that it acts as an intermediary on behalf of ***** in terms of this agreement; register as a financial services provider in terms of FAIS, and to ensure that all sub-agents are authorised representatives of ***** in terms of FAIS.
Obligations of the Intermediary. 4.1 The Intermediary undertakes and agrees with Irish Engineering Services at all times during the term of this Agreement:
4.1.1 to perform its duties in accordance with:
4.1.1.1 the terms of this Agreement including, without limitation, any Addendums that may apply; and
4.1.1.2 the procedures outlined in any manual for any online tool;
4.1.2 to not enter into contracts for Inspection Services for an Inspection Fee lower than that quoted by Irish Engineering Services without the written consent of Irish Engineering Services;
4.1.3 to only produce quotes for Inspection Services using an Irish Engineering Services online tool or Irish Engineering Services pricing team and to not conclude any contract for Inspection Services on behalf of Irish Engineering Services unless authorisation has been given by Irish Engineering Services;
4.1.4 to act towards Irish Engineering Services conscientiously and in good faith and to negotiate, conclude and enter into contracts for Inspection Services in the name of and on behalf of Irish Engineering Services;
4.1.5 to not amend, vary supplement or waive any of the Irish Engineering Services Standard Terms and Conditions, nor make any representations nor give any warranties to any Customer on behalf of Irish Engineering Services other than as expressly set out in this Agreement;
4.1.6 except as authorised by Irish Engineering Services in this Agreement, not to act in a way which will incur any liabilities on behalf of Irish Engineering Services nor to pledge the credit of Irish Engineering Services;
4.1.7 to comply with all reasonable and lawful instructions of Irish Engineering Services from time to time concerning its obligations, and generally to carry out its obligations in such manner as it thinks best to promote the interests of Irish Engineering Services;
4.1.8 to employ a sufficient number of suitably trained personnel to ensure the proper fulfilment of the Intermediary's obligations under this Agreement;
4.1.9 to inform Irish Engineering Services promptly of any complaint concerning the Inspection Services received by the Intermediary;
4.1.10 to provide Irish Engineering Services with all necessary paperwork and documentation in order for it to provide the Inspection Services to the Customer;
4.1.11 to ensure that the Inspection Services are subject to the Irish Engineering Services Standard Terms and Conditions;
4.1.12 to ensure that the Customer is provided with a copy of the Irish Engineering Services Standard Ter...
Obligations of the Intermediary. 4.1. Notwithstanding Clause 2, the Intermediary agrees and warrants that:
4.1.1. it has obtained all Permissions for conducting regulated mortgage activities;
4.1.2. it takes responsibility for the actions of any person using the method of secure access provided to it by Y3S under clause 3.1.1;
4.1.3. it will not permit an unauthorised person to access the Website for any purpose using the method of secure access provided to it by Y3S under clause 3.1.1;
4.1.4. it will disclose to the Applicant the fact that it will receive Remuneration from Y3S for the introduction of the Applicant to Y3S and, as soon as such monetary amount is known, it will disclose to the Applicant the monetary amount of such Remuneration;
4.1.5. if it provides advice to the Applicant, it takes full responsibility and liability under Applicable Legislation for the suitability of any Regulated Mortgage contract offered to the Applicant as a result of such advice;
4.1.6. provision by it to Y3S of Applicant Data will not result in a breach by Y3S of any Applicable Legislation, and in particular that such provision will not constitute a breach of the DPA by Y3S;
4.1.7. all information provided by it to Y3S in relation to an Applicant is accurate, complete and not misleading;
4.1.8. it will not mislead or misinform an Applicant, nor misrepresent any aspect of any Regulated Mortgage contract nor break the reflection period;
Obligations of the Intermediary. 6.1 The Intermediary shall hold harmless and indemnify the Carrier from and against all claims, demands, liabilities, actions, proceedings and costs of any kind whatsoever arising from any default on the part of the Intermediary or any passenger of the Intermediary in complying with any of the provisions of this Agreement.
6.2 The Intermediary shall comply in all respects with the conditions of all permits, licences and authorities granted for the Flights and will procure such compliance on the part of all its passengers.
6.3 The Intermediary shall be responsible for the issue and delivery of all necessary passenger tickets, baggage checks and other necessary documents to all passengers.
6.4 The Intermediary shall comply and shall procure that all its passengers shall comply with all applicable customs, police, public health, immigration and other lawful regulation of any state to/from or over which the Aircraft is or may be flown.
6.5 The indemnities contained in this Clause 6 shall survive the termination of this Agreement.
Obligations of the Intermediary