Common use of Responsibility for Affiliates Clause in Contracts

Responsibility for Affiliates. Participant shall be responsible and liable to IMLS for the acts and omissions of its Affiliates or Subscribers, and shall be responsible for their compliance with the Rules and Regulations. Any failure to comply with the Rules and Regulations by an Affiliate or Subscriber shall be deemed a failure to comply by Participant, and Participant shall be responsible and liable to IMLS for any damages incurred by IMLS arising from or as a result of an Affiliate’s or Subscriber’s noncompliance with the Rules and Regulations.

Appears in 5 contracts

Samples: Participant Agreement, Participant Agreement, Participant Agreement

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