Common use of Administrative Role As To Adverse Action Correspondence Clause in Contracts

Administrative Role As To Adverse Action Correspondence. If Client elects to have Sapphire Check send out pre- and/or post-adverse action letters on its behalf,Client understands that it must notify Sapphire Check each time it wishes for a letter to go out.Sapphire Check will not send out any adverse action letters unless expressly instructed to do so.Client accepts full responsibility for the content of any adverse action letters sent by Sapphire Check, and understands that it must notify Sapphire Check if it wishes to use a particular template or if it wishes to modify the template made available through Sapphire Check.Client agrees that Sapphire Check plays no role in deciding whether an individual should incur adverse action based upon a Report.Client accepts full responsibility for any and all substantive decision-making based upon the Reports it receives from Sapphire Check.Both parties agree that Sapphire Check’s role as to the adverse action process is strictly administrative.Client shall indemnify and hold harmless Sapphire Check, its affiliates, and subsidiaries and their respective officers, directors, employees, agents, and insurers from and against any and all damages, penalties, losses, liabilities, judgments, settlements, awards, costs, and expenses (including reasonable attorneys’ fees and expenses) arising out of or in connection with any third-party claims, assertions, demands, causes of action, suits, proceedings or other actions, whether at law or in equity, relatedto Sapphire Check’s sending out of pre- and/or post-adverse action correspondence on behalf of Client.

Administrative Role As To Adverse Action Correspondence. If Client elects to have Sapphire Check send out pre- and/or post-adverse action letters on its behalf,, Client understands that it must notify Sapphire Check each time it wishes for a letter to go out.. Sapphire Check will not send out any adverse action letters unless expressly instructed to do so.. Client accepts full responsibility for the content of any adverse action letters sent by Sapphire Check, and understands that it must notify Sapphire Check if it wishes to use a particular template or if it wishes to modify the template made available through Sapphire Check.. Client agrees that Sapphire Check plays no role in deciding whether an individual should incur adverse action based upon a Report.. Client accepts full responsibility for any and all substantive decision-making based upon the Reports it receives from Sapphire Check.. Both parties agree that Sapphire Check’s role as to the adverse action process is strictly administrative.. Client shall indemnify and hold harmless Sapphire Check, its affiliates, and subsidiaries and their respective officers, directors, employees, agents, and insurers from and against any and all damages, penalties, losses, liabilities, judgments, settlements, awards, costs, and expenses (including reasonable attorneys’ fees and expenses) arising out of or in connection with any third-party claims, assertions, demands, causes of action, suits, proceedings or other actions, whether at law or in equity, relatedto related to Sapphire Check’s sending out of pre- and/or post-adverse action correspondence on behalf of Client.