Service Provider definition
Examples of Service Provider in a sentence
In addition, VGI agrees to assign and second to Service Provider such VGI employees (“Seconded VGI Employees”) as shall be necessary and sufficient to permit Service Provider to engage in the business of providing Services to the Subject Funds.
VGI also agrees to permit Service Provider to use, and to have access to, such of the VGI Assets as shall be necessary and sufficient to permit Service Provider to engage in the business of providing the designated Services.
The parties acknowledge that certain personnel of the Service Provider are subject to information barriers that prevent the sharing of certain information with certain personnel of VGI and its Affiliates.
Seconded VGI Employees shall perform such duties in such manner as shall be determined from time to time by Service Provider and subject to Service Provider’s supervision.
In the case of any net settlement, VGI and the Service Provider shall make appropriate adjustments and book entries in order to accurately reflect the satisfaction of the obligations of the parties and account for any such netting.