Examples of Monitoring Services Provider in a sentence
The State, the Commission and the Monitoring Services Provider have no liability to pay, compensate or reimburse the Monitoring Licensee for any losses, damages, costs and expenses incurred by the Monitoring Licensee as a result of, associated or in connection with a suspension of the Monitoring Licence.
The Monitoring Licensee will not be liable to the State for any Claims, Losses or Liabilities incurred by the State resulting from the appointment of the Monitoring Services Provider and the exercise by the Monitoring Services Provider of the rights under this clause 32 except to the extent that the Monitoring Licensee does not act in accordance with clause 32.5 or 32.7(b).
The Monitoring Services Provider will receive all revenue, incur all liabilities and pay all expenses associated with or connected to the provision of the Monitoring Services in place of the Monitoring Licensee but the Monitoring Licensee will either be entitled to any surplus or be required to bear any Loss which occurs from the time of the Monitoring Services Provider’s appointment until cessation of Step-In Transition.
To accelerate digital capabilities in sustainable finance a programme of activity will be established to explore how digital can support the challenges faced in mainstreaming sustainable finance.
If the Minister appoints an Incoming Licensee to replace the Monitoring Licensee, then the Monitoring Licensee may, subject to the Minister’s consent, the Fixed and Floating Charge and the Call Option Deed, transfer or assign any part of the Monitoring Assets or novate any agreements or contracts to which it is a party to the Incoming Licensee provided that such assignment or novation will not affect the rights of the Monitoring Services Provider under this clause 32.
The Monitoring Licensee acknowledges and agrees that neither the State or the Monitoring Services Provider are obliged to overcome or mitigate any risk or consequences in respect of which the Minister or the Monitoring Services Provider exercises its rights under this clause 32 but with the consent of the Minister, the Monitoring Licensee may have the opportunity to overcome or mitigate such risk or consequences.
If a Monitoring Services Provider has been appointed because the Monitoring Licence has been suspended, the Monitoring Services Provider’s appointment is terminated on the lifting of that suspension.
Processor shall provide Producer 120 Days’ notice of any termination by Processor of its contract with any Monitoring Services Provider.
Gatherer shall provide Producer 120 Days’ notice of any termination by Gatherer of its contract with any Monitoring Services Provider.
Upon the appointment of a Monitoring Services Provider under clause 32.1, the obligations of the Monitoring Licensee to provide the Monitoring Services are suspended.