Data Protection Designations Sample Clauses

Data Protection Designations. Save as otherwise set out in the Enriched Transactions API Schedule, the parties agree and acknowledge that for the purposes of the Data Protection Legislation: 14.1.1 the Bank will act as an independent Controller in respect of Processing Agreement Personal Data; 14.1.2 the Company will act as either:- (a) a separate independent Controller in respect of Processing Agreement Personal Data, or (b) a Processor in respect of Processing Agreement Personal Data, and the Company's applicable designation will be specified in the Order Form (or in the applicable API Schedule). Where the Order Form (or API Schedule) is silent as to the Company's designation, the default position will be that the Company will act as a separate independent Controller in respect of Processing Agreement Personal Data.