Common use of Reliance on Third Party Service Providers Clause in Contracts

Reliance on Third Party Service Providers. The Bahamas may allow Reporting Bahamas Financial Institutions to use third party service providers to fulfill the obligations imposed on such Reporting Bahamas Financial Institutions by The Bahamas, as contemplated in this Agreement, but these obligations shall remain the responsibility of the Reporting Bahamas Financial Institutions.

Appears in 6 contracts

Samples: Foreign Account Tax Compliance Agreement, Agreement to Implement Fatca, Agreement to Implement Fatca

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