Common use of The Host to Host Service Clause in Contracts

The Host to Host Service. We shall provide to you, subject to the terms of this Schedule and any relevant Documentation and Specifications (both as defined below), a data transmission service (the "Host to Host Service"). You acknowledge that the Host to Host Service is simply a means to transfer data from you to us and us to you and is not, in and of itself, an extension of credit or banking facilities or the provision of an account of any sort. The other agreements (including the Cash Management Services Agreement), schedules, documentation, terms and conditions which govern any such credit or facilities and the management of any such accounts including, without limitation, the crediting and debiting of such accounts and the instructions we may accept in relation thereto, shall continue to have effect and will not be affected by this Schedule save where necessary to give effect to its terms. We shall inform you of any discontinuation of the Host to Host Service with prior reasonable notice. In case of discontinuation you shall have the right to terminate this Schedule with immediate effect and without any compensation being due from us to you or from you to us. [For the avoidance of doubt, you will be obligated for all fees and charges associated with your use of the Host to Host Service up to and including the effective date and time of termination.]

Appears in 6 contracts

Samples: Cash Management Service Agreement, Cash Management Service Agreement, Cash Management Service Agreement

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The Host to Host Service. We shall provide to you, subject to the terms of this Schedule and any relevant Documentation and Specifications (both as defined below), a data transmission service (the "Host to Host Service"). You acknowledge that the Host to Host Service is simply a means to transfer data from you to us and us to you and is not, in and of itself, an extension of credit or banking facilities or the provision of an account of any sort. The other agreements (including the Cash Management Services Agreement), schedules, documentation, terms and conditions which govern any such credit or facilities and the management of any such accounts including, without limitation, the crediting and debiting of such accounts and the instructions we may accept in relation thereto, shall continue to have effect and will not be affected by this Schedule save where necessary to give effect to its terms. We shall inform you of any discontinuation of the Host to Host Service with prior reasonable notice. In case of discontinuation you shall have the right to terminate this Schedule with immediate effect and without any compensation being due from us to you or from you to us. [For the avoidance of doubt, you will be obligated for all fees and charges associated with your use of the Host to Host Service up to and including the effective date and time of termination.]

Appears in 2 contracts

Samples: Cash Management Service Agreement, Cash Management Service Agreement

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