LIABILITIES/OBLIGATION Clause Samples
The Liabilities/Obligation clause defines the responsibilities and legal duties that each party assumes under the agreement. It typically outlines what actions or omissions may result in liability, specifies the scope of each party’s obligations, and may address issues such as indemnification or limitations on liability. For example, it might require one party to compensate the other for damages caused by a breach or clarify which party is responsible for certain risks. This clause is essential for allocating risk between the parties and ensuring that each understands their respective duties and potential exposures under the contract.
LIABILITIES/OBLIGATION. 4.1 The Bank’s Duties /Responsibility(if any)
LIABILITIES/OBLIGATION. 6.1 The Bank’s Duties /Responsibility
(i) Processing and Authorizing invoices (ii) Providing Brand Guidelines
LIABILITIES/OBLIGATION. 4.1 The Bank’s Duties /Responsibility(if any)
(i) Processing and authorising invoices
(ii) Provision of access to Data Centre
(iii) The Bank will provide workstation, desktop and software reasonably required for service provider’s resources to perform the services on site at the Bank’s facilities.
LIABILITIES/OBLIGATION. 6.1 The Bank’s Duties /Responsibility
(i) Processing and Authorizing invoices
(ii) Providing Brand Guidelines
(iii) Approving creatives for online and offline media etc.
(iv) Client Materials, Data and all information supplied to Agency in relation to Client’s products and services before and during the Term will be true, accurate, complete, up-to-date and not misleading. Without prejudice to Client’s responsibility and Agency’s other rights and remedies, Agency and clients are to advise each other if, any one is of the opinion, that such action may result in violation of any applicable law, regulation, guideline or code of practice.
LIABILITIES/OBLIGATION. 4.1 The Organisation’s Duties /Responsibility (if any)
(i) Processing and authorising invoices (ii) Approval of Information
4.2 Service Provider Duties
(i) Service Delivery responsibilities
(a) To adhere to the service levels documented in this Agreement.
(b) Software solution provided and/or maintained by Service Provider shall be free from OWASP Top 10 vulnerabilities (latest) during the term of Agreement.
(c) Service provider shall ensure to filter all phishing / spamming / overflow attacks in order to ensure availability and integrity on continuous basis.
(d) Service Provider shall without any additional cost, rectify the vulnerabilities observed by the Organisation during security review of Code. The Code shall be comprehensively reviewed periodically by the Organisation or its authorized representative.
(e) Service Provider shall ensure that Service Provider’s personnel and its sub- contractors (if allowed) will abide by all reasonable directives issued by the Organisation, including those set forth in the Organisation’s then-current standards, policies and procedures (to the extent applicable), all on-site rules of behaviour, work schedules, security procedures and other standards, policies and procedures as established by the Organisation from time to time.
(f) Service Provider agrees and declares that it shall be the sole responsibility of Service Provider to comply with the provisions of all the applicable laws, concerning or in relation to rendering of Services by Service Provider as envisaged under this Agreement.
(g) Service Provider shall be responsible to provide Data Dictionary in a format provided by the Organisation. During the term of this Agreement, such a format may be revised by the Organisation as per the requirements. Service Provider shall capture all the fields in Data Dictionary format and keep the same always updated during the term of this Agreement.
(h) <SBOSS, may add duties depending on the nature of agreement>
LIABILITIES/OBLIGATION. 4.1 The Bank’s Duties /Responsibility(if any)
4.2 Service Provider Duties
(i) Service Delivery responsibilities
(a) To adhere to the service levels documented in this Agreement.
(b) Service provider, if permitted to sub-contract, shall ensure that Service provider personnel and its subcontractors will abide by all reasonable directives issued by the Bank, including those set forth in the Bank’s then- current standards, policies and procedures (to the extent applicable), all on-site rules of behaviour, work schedules, security procedures and other standards, policies and procedures as established by the Bank from time to time.
LIABILITIES/OBLIGATION. 6.1 The Bank's Duties /Responsibility
(i) Processing and Authorizing invoices
(ii) Providing Brand Guidelines
(iii) Approving Media plan, creatives and other insignia, etc.
(iv) Client Materials, Data and all information supplied to Agency in relation to Client's products and services before and during the Term will be true, accurate, complete, up-to-date and not misleading and
(v) Client Materials, Data and the use of such Client Materials or Data in accordanc e with this Agreement shall comply with applicable law, regulations, guidelines or codes of practice including ASCI Code and shall not infringe the Intellectual Property Rights of any other person. Without prejudice to Client's responsibility and Agency's other rights and remedies, Agency and clients are to advise each other, if any one is of the opinion, that such action may result in violation of any applicable law, regulation, guideline or code of practice. Where the law or an appropriate authority requests, Client shall also be obliged to provide Agency with factual evidence in respect of product or advertisements; and
(vi) It is the owner of or has the right to license Client Materials, Data and all or any of the Intellectual Property Rights in and to Client Materials for the purposes as set out in this Agreement.
(vii) Client shall ensure it has in place suitable and compatible equipment, networks and software to receive the Deliverables and the Services.
(viii) Client shall ensure that any Client Materials, Data and any equipment or networks which connect to Agency's systems do not contain software viruses or any other computer code, files or programs designed to interrupt, destroy or limit the functionality of any computer software or hardware or telecommunications equipment. Client must ensure its websites include adequate privacy policy as required by applicable law at all times or an unobtrusive link may be included to provide users of the websites with information about the technology being used to collect any data.
(ix) Client shall ensure that any Client Materials, Data and all information supplied to or developed by the Agency do not contain any content that is grossly harmful; harassing; blasphemous defamatory obscene; pornographic; paedophilic; libellous; invasive of another's privacy; hateful; racially or ethnically objectionable; disparaging; relating or encouraging money laundering or gambling; harmful to minors under the age of [ 18]; impersonating another individual, or otherwi...
LIABILITIES/OBLIGATION. 4.1 The Bank’s Duties /Responsibility(if any)
(i) Processing and Authorising invoices (ii) Approval of Information (iii) ................... (iv) ..................... (v) ......................
LIABILITIES/OBLIGATION. 4.1 The Bank’s Duties /Responsibility(if any)
(i) Processing and Authorising invoices (ii) Approval of Information
4.2 Service Provider Duties
(i) Service Delivery responsibilities
(a) To adhere to the service levels documented in this Agreement.
(b) Service provider, if permitted to sub-contract, shall ensure that Service provider personnel and its subcontractors will abide by all reasonable directives issued by the Bank, including those set forth in the Bank’s then- current standards, policies and procedures (to the extent applicable), all on- site rules of behaviour, work schedules, security procedures and other standards, policies and procedures as established by the Bank from time to time.
(c) Service Provider agrees and declares that it shall be the sole responsibility of Service Provider to comply with the provisions of all the applicable laws, concerning or in relation to rendering of Services by Service Provider as envisaged under this Agreement. (d) ..................................
(ii) Security Responsibility
(a) To maintain the confidentiality of the Bank's resources and other intellectual property rights.
(b) (c)...............................................
LIABILITIES/OBLIGATION. 4.1 The Bank’s Duties /Responsibility(if any)
(i) Processing and authorising invoices