Common use of Enterprise Nature of Services Clause in Contracts

Enterprise Nature of Services. In furnishing the services provided for in this Agreement or any component or segment of such services BNYM may utilize any combination of the employees, facilities, equipment, systems and other resources (collectively, “Resources”) of its own and the Resources of its Affiliates, including Resources shared by BNYM and its Affiliates, and BNYM may satisfy its obligations under this Agreement directly or through Affiliates. References to employees, facilities, equipment, systems or other resources of BNYM in this Agreement shall mean the employees, facilities, equipment, systems or other resources of BNYM and its Affiliates considered collectively. In addition, BNYM may subcontract with, hire, engage or otherwise outsource to any third party with respect to the performance of any one or more of its obligations of BNYM under this Agreement. Nothing in this Section 26(j) shall have the effect of transferring liability of BNYM to any other entity, including Affiliates.

Enterprise Nature of Services. In furnishing the services provided for in this Agreement or any component or segment of such services BNYM may utilize any combination of the employees, facilities, equipment, systems and other resources (collectively, “"Resources”") of its own and the Resources of its Affiliates, including Resources shared by BNYM and its Affiliates, and BNYM may satisfy its obligations under this Agreement directly or through Affiliates. References to employees, facilities, equipment, systems or other resources of BNYM in this Agreement shall mean the employees, facilities, equipment, systems or other resources of BNYM and its Affiliates considered collectively. In addition, BNYM may subcontract with, hire, engage or otherwise outsource to any third party with respect to the performance of any one or more of its obligations of BNYM under this Agreement. Nothing in this Section 26(j) shall have the effect of transferring liability of BNYM to any other entity, including Affiliates.