What happens when an agency agreement is terminated depends on what the agreement says. If your agency uses standard clauses, you can read the standard clauses for housing agency and campaign agency contracts on our website here. The case concerned a former Renault agent and his lawyer, who himself succeeded a subsidiary of Renault. Indeed, in 2009, Renault had sold a subsidiary to an independent dealer who had kept Renault`s agents, Renault and Dacia agents in the contractual territory since 1980. The new (…) The parties herebly designate the agent as the agent who holds the fiduciary shares in accordance with the terms and conditions of this trust agreement, and the agent accepts this appointment under the terms and conditions of this trust agreement (…) Notwithstanding the contrary provisions, the agent is only required to perform the tasks expressly defined in this trust agreement, which are considered purely ministerial. Under no circumstances is the agent considered to be the agent of any party or other person under this trust agreement. The agent is not responsible or responsible for a party`s inability to comply with this trust agreement. The agent is neither responsible nor responsible for knowing the terms of other agreements, instruments or documents that are not in this trust agreement, whether or not an original or a copy of this agreement has been made available to the agent; and the agent is not required to know or request the performance or non-compliance of such an agreement, instrument or document. References to other agreements, instruments or documents in this trust agreement must be made to the simplicity of the parties and the agent has no obligation to do so.
This trust agreement contains all the issues relevant to the trust agreement provided for there and no additional obligation of the agent is deducted or implied from the terms of this trust agreement or any other agreement, including, but not exclusively, the share purchase agreement and the lock-up. You must declare that your agency has an internal claims procedure and that the seller can complain to REA without first using your internal claim procedure. Every payment agent, from and from the date of the obligation to implement, is exempted by all companies, including, but without limitation, rights and interest holders and other agents of interest, from all claims, means and other allegations of liability (including, but not limited, to the breach of the trust obligation) resulting from the performance of the powers and obligations conferred on it by that payment agent or of a bankruptcy court decision the law applicable to it under or in another bankruptcy court order after or after the bankruptcy court, except for acts or omissions resulting from gross negligence or intentional misconduct of such a payment agent.