Common use of Client Compliance Clause in Contracts

Client Compliance. Client understands and agrees that it (and not SASS) is solely responsible for ensuring compliance will all laws applicable to Users of Screening Reports, including, but not limited to, the disclosure and authorization requirements imposed by 15 U.S.C. § 1681b(b)(2), the disclosure requirements imposed by 15 U.S.C. § 1681d(a)-(b), the pre-adverse action notice obligations imposed by 15 U.S.C. § 1681b(b)(3), and the adverse action notice obligations imposed by 15 U.S.C. § 1681m. Client understands and agrees that it, and not SASS, will be solely responsible for (i) how it uses the Screening Services to comply with its legal and regulatory requirements and (ii) the consequences of any instructions that it gives to SASS, including as part of the initial set-up and implementation of the Screening Services.