Common use of Right to Grant Access to Banco de Chile Hosted Applications to Citi Permitted Customers Clause in Contracts

Right to Grant Access to Banco de Chile Hosted Applications to Citi Permitted Customers. Citi and its Affiliates may grant Citi Permitted Customers access to the portions of the Banco de Chile Hosted Applications designated by Banco de Chile for such purpose and to use the Banco de Chile Customer Documentation related thereto. Each such grant of access to a Citi Permitted Customer shall be solely for the purposes of and as each such Banco de Chile Hosted Application relates to the servicing of such Citi Permitted Customer in the operation of the Citi Business. Furthermore, each such permitted grant shall be nonexclusive, non-assignable, non-transferable, and shall not include any right to grant further access rights. Citi shall require each subgrantee to execute and deliver an agreement respecting access to such Banco de Chile Hosted Applications in a form approved in advance by Banco de Chile. Such form shall contain (a) a disclaimer of liability and waiver of special damages with respect to Banco de Chile, (b) restrictions on Confidential Information of Banco de Chile consistent with the restrictions set forth in ARTICLE VI of this Agreement, and (c) restrictions on use and ownership of the applicable Banco de Chile Hosted Applications otherwise consistent with the terms and conditions of this Agreement. In addition, Citi shall not enter into any such subgrantee access agreement without the prior approval of Banco de Chile in each case.

Right to Grant Access to Banco de Chile Hosted Applications to Citi Permitted Customers. Citi and its Affiliates may grant Citi Permitted Customers access to the portions of the Banco de Chile Hosted Applications designated by Banco de Chile for such purpose and to use the Banco de Chile Customer Documentation related thereto. Each such grant of access to a Citi Permitted Customer shall be solely for the purposes of and as each such Banco de Chile Hosted Application relates to the servicing of such Citi Permitted Customer in the operation of the Citi Business. Furthermore, each such permitted grant shall be nonexclusive, non-assignable, non-transferable, and shall not include any right to grant further access rights. Citi shall require each subgrantee to execute and deliver an agreement respecting access to such Banco de Chile Hosted Applications in a form approved in advance by Banco de Chile. Such form shall contain (a) a disclaimer of liability and waiver of special damages with respect to Banco de Chile, (b) restrictions on Confidential Information of Banco de Chile consistent with the restrictions set forth in ARTICLE Article VI of this Agreement, and (c) restrictions on use and ownership of the applicable Banco de Chile Hosted Applications otherwise consistent with the terms and conditions of this Agreement. In addition, Citi shall not enter into any such subgrantee access agreement without the prior approval of Banco de Chile in each case.