BISYS Sample Clauses
The BISYS clause typically refers to provisions involving BISYS, a third-party service provider that offers administrative and support services to financial institutions. In contracts, this clause outlines the roles, responsibilities, and limitations of BISYS in relation to the services it provides, such as recordkeeping, compliance support, or transaction processing. For example, it may specify the scope of BISYS’s authority, data handling requirements, or liability limitations. The core function of this clause is to clearly define the relationship between the contracting parties and BISYS, ensuring that duties and risks associated with outsourced services are properly allocated and understood.
BISYS. BISYS shall furnish at its own expense the executive, supervisory and clerical personnel necessary to perform its obligations under this Agreement. BISYS shall also provide the items which it is obligated to provide under this Agreement, and shall pay all compensation, if any, of officers of each Company as well as all Directors of each Company who are affiliated persons of BISYS or any affiliated company of BISYS; provided, however, that unless otherwise specifically provided, BISYS shall not be obligated to pay the compensation of any employee of a Company retained by the Directors of such Company to perform services on behalf of the Company.
BISYS. Ohio represents and warrants to the Fund that the Shares are being acquired for investment purposes and not with a view to the distribution thereof.
BISYS. All references in the Agreement to “
BISYS represents and warrants that to the best of its knowledge and belief, the reasonably foreseeable consequences of the Year 2000 Challenge will not adversely effect BISYS's ability to perform its duties and obligations under this Agreement.
BISYS. BISYS shall furnish at its own expense the executive, ----- supervisory and clerical personnel necessary to perform its obligations under this Agreement. BISYS shall also provide the items which it is obligated to provide under this Agreement, and shall pay all compensation, if any, of officers of the Trust as well as all Trustees of the Trust who are officers or employees of BISYS or any affiliate of BISYS; provided, however, that unless otherwise specifically provided, BISYS shall not be obligated to pay the compensation of any employee of the Trust retained by the Trustees of the Trust to perform services on behalf of the Trust.
BISYS. BiSys will provide core account processing services including but not limited to systems processing connected with deposit accounts, check imaging, items capture, ACH and general ledger for the purposes of the first phase. Additionally, BiSys may provide other processing services connected with future phases of the AIB Product.
BISYS. BISYS represents and warrants to the Trust and AMR that: