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

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