Transaction Responsibility Sample Clauses

Transaction Responsibility. As between the parties hereto, you agree that (i) you are solely responsible for the performance and enforcement of any Transaction entered into by you with a Counterparty through the use of Online Systems and (ii) neither we nor any of our Affiliates will have any obligation or liability in respect of or be responsible for, or otherwise be deemed to guarantee, the performance of any Transaction entered into by you with a Counterparty through the use of Online Systems. You further agree that you will not bring any legal action, whether in tort, breach of contract or otherwise, against us alleging damages for the failure of any Counterparty to perform or otherwise settle a Transaction entered by you using Online Systems. Instead, you agree that you look only to the relevant Counterparty in question for the performance by such Counterparty of any obligation under a Transaction or to enforce any rights in connection with, or as a result of, such Transaction. Neither we nor any of its Affiliates will have any obligation or responsibility (1) in respect of any Transaction Documentation provided to you by a Counterparty, (2) in respect of requiring any Counterparty to enter into or maintain in force any such Transaction Documentation with you or (3) to assist in any way in respect of compliance by you or any Counterparty with any such Transaction Documentation or the interpretation or enforcement of the obligations of any party under such Transaction Documentation. The eligibility and ability of you to enter into transactions with or submit orders for routing to a Counterparty is subject to the terms and conditions, including fees and credit limits, specified in any Transaction Documentation or otherwise specified in writing to us by such Counterparty. We may, in our sole discretion, assist you or any Counterparty in monitoring and ensuring adherence to applicable credit limits and you hereby authorise us to disclose information to any Counterparty for this purpose. The manner in which such assistance, if any, is provided and the terms and conditions pursuant to which any such assistance is provided shall be determined by us in our sole discretion. Notwithstanding the foregoing, as between you on the one hand and us on the other hand, you shall maintain the sole responsibility for ensuring that you are in compliance with any credit limits imposed on you by any Counterparty and that each Counterparty is in compliance with any credit limits imposed on such Counter...
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Transaction Responsibility. As between the parties hereto, you agree that (i) you are solely responsible for the performance and enforcement of any Transaction entered into by you with a Counterparty through the use of Finalto Online Systems and (ii) neither we nor any of our Affiliates will have any obligation or liability in respect of or be responsible for, or otherwise be deemed to guarantee, the performance of any Transaction entered into by you with a Counterparty through the use of Finalto Online Systems. You further agree that you will not bring any legal action, whether in tort, breach of contract or otherwise, against us alleging damages for the failure of any Counterparty to perform or otherwise settle a Transaction entered by you using Finalto Online Systems. Instead, you agree that you look only to the relevant Counterparty in question for the performance by such Counterparty of any obligation under a Transaction or to enforce any rights in connection with, or as a result of, such Transaction. Neither we nor any of its Affiliates will have any obligation or responsibility (1) in respect of any Transaction Documentation provided to you by a Counterparty,
Sample 1

Related to Transaction Responsibility

  • Union Responsibility The Union will attend to any necessary documentation required as a result of a change in the designated institution.

  • Vendor Responsibility The Department of Transportation has undertaken an affirmative review of the proposed consultant’s responsibility in accordance with the applicable standards outlined in Comptroller’s Bulletin No. G-221, and based upon such review, reasonable assurance that the proposed contractor is responsible has been determined.

  • Association Responsibility The Association recognizes its responsibility as exclusive representative and agrees to represent all employees in the bargaining unit without discrimination.

  • Union Responsibilities Except for claims resulting from errors caused by defective City equipment, the Union agrees to indemnify and hold harmless the City for any loss or damage arising from the operation of this Article.

  • Construction Responsibilities The party named in Article 1, Responsible Parties, under AGREEMENT is responsible for the following:

  • CAISO Responsibility The Parties acknowledge that the CAISO is responsible for the efficient use and reliable operation of the CAISO Controlled Grid consistent with achievement of planning and Operating Reserve criteria no less stringent than those established by the Western Electricity Coordinating Council and the North American Electric Reliability Corporation and further acknowledges that the CAISO may not be able to satisfy fully these responsibilities if the Participating Generator fails to fully comply with all of its obligations under this Agreement.

  • Association Responsibilities 1. The organization shall keep an adequate itemized record of its financial transactions and shall make available annually to the City Clerk, and to all unit employees, within sixty (60) calendar days after the end of its fiscal year, a detailed written financial report thereof in the form of a balance sheet and an operating statement, certified as to its accuracy by its president and the treasurer or corresponding principal officer, or by a certified public accountant.

  • Vendor Responsibilities Note: NO EXCEPTIONS OR REVISIONS WILL BE CONSIDERED IN C-M, O-S, V-W. Indemnification

  • For Non-Responsibility The Bidder agrees that if it is found by the State that the Bidder’s responses to the Vendor Responsibility Questionnaire were intentionally false or intentionally incomplete, on such finding, the Commissioner may terminate the Contract. Upon written notice to the Contractor, and a reasonable opportunity to be heard with appropriate OGS officials or staff, the Contract may be terminated by the Commissioner or his or her designee at the Contractor’s expense where the Contractor is determined by the Commissioner or his or her designee to be non-responsible. In such event, the Commissioner or his or her designee may complete the contractual requirements in any manner he or she may deem advisable and pursue available legal or equitable remedies for breach. In no case shall such termination of the Contract by the State be deemed a breach thereof, nor shall the State be liable for any damages for lost profits or otherwise, which may be sustained by the Contractor as a result of such termination.

  • Customer’s Responsibility The policies in this document apply to the use of Data by Customers, Redistributors and their End Customers. Customers are responsible for compliance with this policy by all members of the Customer’s Group and by all persons to whom they distribute Data where authorised to do so. Turquoise recommends that Customers make this Schedule available to all Subscribers to their services having access to Data which is subject to Charges, reporting requirements or usage restrictions.

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