Common use of No Duty to Monitor Compliance with Obligations Clause in Contracts

No Duty to Monitor Compliance with Obligations. In the course of its work, and consistent with Related Client’s obligations hereunder, ExED may become aware of instances of non- compliance by Related Client with its own policies, procedures or other obligations described in Section 5 of this SC Agreement. ExED may bring such failures to the attention of the Client Administrator and/or Chair(s), but shall have no obligation to do so, unless the failure directly and materially affects ExED’s ability to carry out its obligations under this SC Agreement or is the basis for termination of the SC Agreement for cause.

Appears in 4 contracts

Samples: Corporation Accounting Agreement, Corporation Accounting Agreement, Corporation Accounting Agreement

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