Common use of Responsibility for Data Clause in Contracts

Responsibility for Data. (a) Neither Party shall be responsible for failures in the completeness, accuracy or timely submission of any data which are attributable to the other Party. (b) The OMP acknowledges that under this Agreement it shall: (i) be responsible for the completeness, accuracy and timely submission of any data which it submits to the Relevant RRM, ACER or any NRA on behalf of the Market Participant whether or not it delegates some or any part of that function or the performance of its obligations hereunder to a Third Party Service Provider or other person; and (ii) remain responsible for the failures of any Affiliate, any Third Party Service Provider or other party to whom the OMP has delegated any of its obligations (in whole or in part) to provide the Reporting Services under this Agreement

Appears in 2 contracts

Sources: Remit Reporting Agreement, Remit Reporting Agreement