Limitations on the Verifier Sample Clauses

The "Limitations on the Verifier" clause defines specific restrictions on the actions, authority, or scope of work of any party designated as a verifier within an agreement. Typically, this clause outlines what the verifier is permitted or prohibited from doing, such as limiting their access to certain information, restricting their ability to make binding decisions, or specifying the types of verification activities they may conduct. By clearly delineating these boundaries, the clause helps prevent overreach by the verifier and protects the interests of the parties involved, ensuring that the verification process remains fair, focused, and within agreed-upon parameters.
Limitations on the Verifier. In relation to its review of the Records under clause 31.3, the Verifier will not: (a) use the information obtained for any purpose other than verifying the accuracy of information provided by the Provider under this Agreement; and (b) engage as its agent any person that is in competition with the Provider, any person who is related to a person in competition with the Provider, or any employee, director, or agent of such persons. For the purposes of this clause 31.4(b), a person is related to another person if it is a related company (as that term is defined in section 2(3) of the Companies Act 1993) of that other person.
View SourceView Similar (109)
Limitations on the Verifier. In relation to its review of the Records under clause 31.2, the Verifier will not:
View SourceView Similar (4)
Limitations on the Verifier. In relation to its review of the Records pursuant to clause 22.3, the Verifier will not: (a) use the information obtained for any purpose other than verifying the accuracy of information provided by the Provider or an End Retailer (as relevant) under this agreement; and (b) engage as its agent any person that is in competition with the Provider or an End Retailer (as relevant), any person who is related to a person in competition with the Provider or an End Retailer (as relevant) or any employee, director, agent of such persons. For this purpose a person is related to another person if it is a related company (as that term is defined in section 2(3) of the Companies Act 1993) of that other person.
View Source

Related to Limitations on the Verifier

  • Limitations on Review Obligations The Asset Representations Reviewer may rely on the information in any Review Notice, the list(s) of the Subject Receivables provided by the Servicer, and the accuracy and completeness of the Review Materials. The Asset Representations Reviewer will have no obligation: (a) to determine whether a Delinquency Trigger has occurred or whether the required percentage of Noteholders has voted to direct an Asset Representations Review under the Indenture; (b) to determine which Receivables are Subject Receivables; (c) to confirm the validity of the Review Materials; or (d) to take any action or cause any other party to take any action under any of the Basic Documents or otherwise to enforce any remedies against any Person for breaches of representations or warranties about the Subject Receivables.

  • Restrictions on the Fund Neither you nor any beneficiary may sell, transfer, or pledge any interest in your ▇▇▇▇ ▇▇▇ in any manner whatsoever, except as provided by law or this agreement. The assets in your ▇▇▇▇ ▇▇▇ will not be responsible for the debts, contracts, or torts of any person entitled to distributions under this agreement.