Define: Broker Group
Broker Group means a network led by an end-user, inclusive of brokers, holding companies, affiliates, and others involved in business operations
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Broker Group means a network led by an end-user, inclusive of brokers, holding companies, affiliates, and others involved in business operations.
Relevant Circumstances
- When a network of brokers and affiliates operate as a single commercial group
- If group-wide obligations apply to broker network arrangements
- Where lead broker accountability flows down to group members