Common use of Transfer of Duties to Third Parties Clause in Contracts

Transfer of Duties to Third Parties. Solactive may use third parties as vicarious agents. This includes in particular companies which take decisions jointly with Solactive on the composition and amendments to the composition of the Indices

Transfer of Duties to Third Parties. Solactive may use third parties as vicarious agents. This includes in particular companies which take decisions jointly with Solactive on the composition and amendments to the composition of the Indices. However, the Licensee is not accountable and will not provide any indemnification to Solactive’s use of third parties.

Transfer of Duties to Third Parties. Solactive may use third parties as vicarious agents; provided however, that Solactive shall remain responsible and liable for the acts or omissions of any such third parties. This includes in particular companies which take decisions jointly with Solactive on the composition and amendments to the composition of the Indices. For the avoidance of doubt, the limitations and exclusions of liability as provided for in this agreement are also applicable with regard to such vicarious agents.

Transfer of Duties to Third Parties. Solactive may use third parties (reasonably acceptable to the Licensee) as vicarious agents; provided however, that Solactive shall remain responsible and liable for the acts or omissions of any such third parties. This includes in particular companies which take decisions jointly with Solactive on the composition and amendments to the composition of the Indices.