Service Facilitators - Criteria Sample Clauses

The 'Service Facilitators - Criteria' clause defines the qualifications, standards, or requirements that individuals or entities must meet to act as service facilitators under the agreement. Typically, this clause outlines necessary certifications, experience levels, or compliance with specific regulations that facilitators must demonstrate before being engaged. By establishing clear criteria, the clause ensures that only competent and suitable facilitators are selected, thereby maintaining service quality and reducing the risk of inadequate performance.
Service Facilitators - Criteria. 7.1.1 Redistributors can appoint Service Facilitators to sell and/or deliver Data in a closed user group environment. Any such client is required to sign a Service Facilitator Application before approval is granted and the following criteria must be met: a) It is the Redistributor, and never the Service Facilitator, who contracts directly to supply the Data to the End Customer; b) The Redistributor must provide upon request all End Customer records; c) The Redistributors’ contract to supply the Data to the End Customer must be in place prior to any Data enablement; d) The Service Facilitator does not database, add to, subtract from, or modify the Data; e) Individual Unique User Id/Device Data entitlements must be allocated by the Redistributor and not the Service Facilitator; f) The Redistributor is responsible for all Data reporting; g) The Service Facilitator is forbidden in its contract with the Redistributor from providing Data to any clients who are not clients of the Redistributor (other than as an approved Service Facilitator for other Redistributors or as a Redistributor in its own right); h) The Service Facilitator, in its contract with the Redistributor, agrees to the same terms as the Redistributor in respect of market data audits; i) Where the Brand on the data product is solely that of the Redistributor, and all the above criteria are met, no Redistribution Licence Charges are applicable to the Service Facilitator; j) Where the Brand on the data product is not solely that of the Redistributor, and all the above criteria except for point i) are met: Service Facilitator Redistribution Licenses are applicable for real time Data redistribution as per Schedule B, 1.8 -1.9 and 6.9 - 6.10 - 6.11 for each additional Brand. For the avoidance of doubt only one Service Facilitator Redistribution licence will be required for each data product. In case of delayed and/or After Midnight Data redistribution, Delayed Data or After Midnight Redistribution Licences are applicable as per Schedule B (for further information please refer to Schedule A, 5.4). 7.1.2 If a Service Facilitator delivers a datafeed to an End Customer on behalf of the Redistributor, it is still the responsibility of the Redistributor to acquire monthly honesty declarations from each End Customer; the Redistributor is ultimately liable in the event that their appointed Service Facilitator(s) fail to meet any of the above criteria. 7.1.3 The Exchanges reserve the right to refuse to grant app...
Service Facilitators - Criteria. 7.1.1 Redistributors can appoint Service Facilitators to sell and/or deliver Data in a closed user group environment. Any such client is required to sign a Service Facilitator Application before approval is granted and the following criteria must be met: 7.1.2 If a Service Facilitator delivers a datafeed to an End Customer on behalf of the Redistributor, it is still the responsibility of the Redistributor to acquire monthly honesty declarations from each End Customer; the Redistributor is ultimately liable in the event that their appointed Service Facilitator(s) fail to meet any of the above criteria. 7.1.3 BIT reserves the right to refuse to grant approval if they believe the Service Facilitator does not satisfactorily fulfil the above criteria.