BPO Clause Samples
The BPO (Business Process Outsourcing) clause defines the terms under which a company delegates specific business operations or processes to an external service provider. This clause typically outlines the scope of services to be outsourced, performance standards, confidentiality requirements, and responsibilities of both parties. For example, it may specify that customer support or payroll processing will be handled by a third-party vendor, with clear metrics for service quality and data protection. The core function of this clause is to establish clear expectations and accountability, thereby reducing operational risks and ensuring that outsourced services meet the company's standards and regulatory obligations.
BPO. The BPO (Broker Price Opinion) is an evaluation and estimation of the market value of the property. The BPO is ordered by the Lender to establish the present market value of the property as part of the Short Sale process.
BPO. With respect to (a) each Mortgage Loan or Contributed Asset that is subject to a proposed Transaction, Sellers shall have delivered to Buyer the BPO value and related valuation date for such Mortgage Loan or Contributed Asset, and, on the request of Buyer, a true and complete copy of Sellers’ copy of the related BPO and (b) each Rental Property, the REO Subsidiary shall have delivered to Buyer a true and complete copy of an BPO for such Rental Property dated no more than sixty (60) days prior to the requested Purchase Price Increase Date or the REO Conversion Date;
BPO. The related Seller shall deliver to Buyer with respect to each Mortgaged Property related to a Loan, (i) with respect to the initial Purchase Date related to a Loan, a BPO obtained by such Seller not more than 180 days prior to the initial Purchase Date, and (ii) thereafter for so long as such Loan is subject to a Transaction hereunder, an updated BPO every 180 days, or less frequently as otherwise requested by Buyer.
BPO. BPO represents and warrants that (i) it will provide any implementation and configuration and all support services to Customers for the Service in a professional and workmanlike manner consistent with reasonably applicable general industry standard and practices and with personnel reasonably skilled to perform such services, (ii) it has all rights necessary to provide the Customer Data to SAP for use as contemplated herein, and (ii) it shall not make marketing statements, offers or representations or warranties about the Service that are untruthful or inconsistent with the Documentation. 9.3
BPO. It is the Company’s intention to provide opportunities to employees to function as BPO – Business Process Operators, (selection will be based on ability). These positions will provide support, coaching and training for VPO tools and process usage on the floor. Use and timing of BPOs will be at the sole discretion of the Company and will be communicated consistent with the intent of this agreement.
BPO. The related Seller shall deliver to Buyer with respect to each Mortgaged Property related to a Loan, (i) with respect to the initial Purchase Date related to a Loan that is (a) not a Delinquent Loan, a BPO obtained by such Seller not more than 360 days prior to the initial Purchase Date or (b) a Delinquent Loan, a BPO obtained by such Seller not more than 150 days prior to the initial Purchase Date, and (ii) thereafter for so long as such Loan is subject to a Transaction hereunder, an updated BPO every 360 days, or less frequently as otherwise requested by Buyer.
BPO. A broker's price opinion with respect to a Mortgaged Property.
BPO. Full-service HR business process execution and administration. Multi- client industry expertise allow us to provide economies of scale and allow our Client’s resources to focus on supporting their employees. Case Study / References Client References AspireHR provided a diverse group of 4 strategic clients for ATG to review that range from a global footprint, end to end talent suite, change management and training services. Ingles Keeps it Fresh with AspireHR 12 Month Deployment 198 Locations across North America 26k+ Total Employees
BPO. A real estate professional’s reasonable estimated value of an underlying residential property subject to a Mortgage Loan, which has been conducted not more than two-hundred ten (210) days prior to any date of determination.
BPO. Section 2 BPO Transaction BPO is a separate obligation from the relevant Trade Transaction which the Obligor Bank is obliged to pay the Payment Amount with respect to the Trade Transaction for which the Obligor Bank has issued a BPO to the Recipient Bank of such Trade Transaction pursuant to the terms and conditions of that BPO.