Common use of Company’s Agent Clause in Contracts

Company’s Agent. (S). MFD acknowledges that the Company may engage one or more agents to fulfill some or all of the Company's responsibilities hereunder and that said agent(s) shall be authorized to act on the Company's behalf and shall be entitled to collect, receive and transmit information directly to and from MFD on the Company's behalf. As between MFD and the Company, the Company represents and warrants that such agents have appropriate agreements in place with the Company and if required, with the NSCC, to assume such delegated responsibilities. Notwithstanding any such delegation of its responsibilities to any agent(s), the Company shall remain fully responsible for fulfilling its obligations and honoring its warranties under this Supplement and the Agreement, including those of section 8, to the same extent as it would be absent any such delegation.