Common use of Services Provided by Others Clause in Contracts

Services Provided by Others. The Customer understands and agrees that the Bank may, in its sole discretion, either provide itself or engage one or more third parties (“Vendors”) to provide some or all of the Services. Each Vendor shall have, as applicable with respect to the Service provided by such Vendor, all of the rights, protections, limitations of liability, and indemnification rights provided to the Bank under the Agreement, as if such Vendor is substituted for the Bank under the Agreement and all applicable references in the Agreement to “the Bank” shall be deemed references to “the Bank and/or the Vendor, as applicable,” whether or not the term “Vendor” is expressly stated.