Common use of Third Party Transactions Clause in Contracts

Third Party Transactions. MTC is entitled to delegate some of its responsibilities to a Third Party or Associated Entity, including (but not limited to) an Exchange, clearing house, affiliated, subsidiary, or fiduciary custodian banking partners, an intermediate broker, liquidity provider, prime broker, settlement agent or OTC (“Third Party”). MTC shall not have or assume any liability for any loss which the Client may sustain as a result of the insolvency, acts or omissions of any such Third Party.