Common use of Participant Liability Clause in Contracts

Participant Liability. Participant shall have no responsibility for or relating in any way to the acts or omissions of CRISP, its Exchange Technology Providers or Licensed Technology Providers and other agents, other Participants, Participant Users, or Data Sources or for compliance by any of the foregoing entities with Applicable Law, including but not limited to the Data requested or provided by the other Participants. Nothing in this Section 19.01 shall be construed to (a) limit the Participant’s ability to contractually allocate liability as among the Participant itself and its Participant Users CRISP, External Exchange, or Licensed Technology Providers and/or other subcontractors of the parties, or (b) waive any rights or defenses available under Applicable Law in any action that may arise in connection with the Agreement.

Appears in 5 contracts

Samples: Business Associate Agreement, Business Associate Agreement, Business Associate Agreement

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