Common use of Service Facilitators Clause in Contracts

Service Facilitators. 11.1. The Contracting Party’s Group shall be entitled, under the sole and exclusive responsibility of the Contracting Party, to delegate the performance of certain rights and/or obligations hereto to one or more Service Facilitators. For this purpose, the Contracting Party shall inform BMEMD of the legal name, postal addresses and websites (URLs) of the respective Service Facilitators, the rights and/or obligations whose performance is to be delegated, the Beneficiary Company/Companies of the Contracting Party’s Group that delegate rights and/or obligations (where appropriate), and any other information that BMEMD may consider necessary for the authorisation of a Service Facilitator. Such information shall be included in the Particular Conditions Section of this Agreement. In no manner shall BMEMD’s endorsement for the above terms release the Contracting Party from the performance of the obligations agreed and accepted under this Agreement.

Appears in 6 contracts

Samples: www.bmemarketdata.es, www.bmemarketdata.es, www.bmemarketdata.es

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