Common use of Service and connection Clause in Contracts

Service and connection. 2.1 The Service Provider shall commence operating MEPS+ from such date as it may specify in accordance with Clause 2 of this Agreement. 2.2 A participant may participate in MEPS+ by signing this Agreement with the Service Provider, upon which he shall become a participant with direct participation in MEPS+ and shall pay such joining and subscription fees and charges as may be specified by the Service Provider from time to time in this Agreement. 2.3 The Service Provider shall install, operate, maintain and upgrade the hardware and software in the host system at the processing location. 2.4 A participant shall, at its own expense, install, maintain, operate and upgrade one or more SWIFT CBTs which will allow the participant to perform the following functions: (a) Message processing; (b) Queue management; (c) Online host enquiry; (d) Reports and backup; (e) User administration; (f) Static information management; and

Appears in 9 contracts

Sources: Service Agreement, Service Agreement, Service Agreement