Common use of RIGHT TO CONTRACT WITH THIRD PARTIES Clause in Contracts

RIGHT TO CONTRACT WITH THIRD PARTIES. Nothing herein shall be deemed to grant to GENWORTH, GNA or GECC an exclusive right to provide the services described herein to a Client, and each Client retains the right to contract with any third party, affiliated or unaffiliated, for the performance of services or for the use of facilities as are available to or have been requested by such Client pursuant to this Agreement; provided, however, GECC Treasury shall exclusively execute all derivatives transactions of any subsidiary with which GECC has direct or indirect voting control in accordance with the GECC Derivatives Policy.

Appears in 4 contracts

Samples: Derivatives Management Services Agreement, Derivatives Management Services Agreement (Genworth Financial Inc), Derivatives Management Services Agreement (Genworth Financial Inc)

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RIGHT TO CONTRACT WITH THIRD PARTIES. Nothing herein shall be deemed to grant to GENWORTH, GNA GEAM or GECC an exclusive right to provide the services described herein to a ClientUFLIC, and each Client UFLIC retains the right to contract with any third party, affiliated or unaffiliated, for the performance of services or for the use of facilities as are available to or have been requested by such Client UFLIC pursuant to this Agreement; provided, however, GECC Treasury shall exclusively execute all derivatives transactions of any subsidiary with respect to which GECC has direct or indirect voting control in accordance with the GECC Derivatives Policy.

Appears in 2 contracts

Samples: Derivatives Management Services Agreement, Derivatives Management Services Agreement (Genworth Financial Inc)

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