Third Party Pass-Through Sample Clauses
A Third Party Pass-Through clause allows a party to transfer or "pass through" obligations, rights, or costs that originate from a third party to another party in the contract. In practice, this means that if a company is subject to requirements or fees imposed by an external supplier or regulatory body, those same requirements or costs can be imposed on its customer or subcontractor. This clause ensures that the party ultimately responsible for fulfilling or paying for third-party obligations is contractually bound, thereby preventing gaps in compliance or unexpected financial burdens.
POPULAR SAMPLE Copied 1 times
Third Party Pass-Through. Licensor hereby assigns to Licensee any and all manufacturers’ or suppliers’ warranties, guarantees, representations, services agreements and indemnities, if any, with respect to any third party hardware and software delivered by Licensor hereunder (i) to the extent assignable by Licensor; and
Third Party Pass-Through. Licensor hereby assigns to GE any and all manufacturers’ or suppliers’ warranties, guarantees, representations, services agreements and indemnities, if any, with respect to any third party hardware and software delivered by Licensor hereunder (i) to the extent assignable by Licensor; and (ii) only if the terms of such warranties, representations, services agreements, and indemnities are more favorable to GE than Licensor’s warranties, representations, service agreements and indemnities hereunder. To the extent such warranties, guarantees, representations, services agreements and indemnities are not assignable by Licensor, Licensor agrees that GE may assert or enforce any right that GE may have to enforce such warranties, guarantees, representations, service agreements and indemnities, or if such can only be enforced by Licensor and in its own name, upon GE’s request and at GE’s sole expense, Licensor shall take all reasonable action requested by GE to enforce such warranties, guarantees, representations, service agreements and indemnities.
Third Party Pass-Through. Annex 1 (Third Party Services) to this Section 3 (Third Party Pass Through) sets out the infrastructure and third party elements of the Solution, together with details of the party responsible for procuring the contracts.
Third Party Pass-Through. Licensor hereby assigns to GEVARC any and all manufacturers’ or suppliers’ warranties, guarantees, representations, services agreements and indemnities, if any, with respect to any third party hardware and software delivered by Licensor hereunder (i) to the extent assignable by Licensor; and (ii) only if the terms of such warranties, representations, services agreements, and indemnities are more favorable to GEVARC than Licensor’s warranties, representations, service agreements and indemnities hereunder. To the extent such warranties, guarantees, representations, services agreements and indemnities are not assignable by Licensor, Licensor agrees that GEVARC may assert or enforce any right that GEVARC may have to enforce such warranties, guarantees, representations, service agreements and indemnities, or if such can only be enforced by Licensor and in its own name, upon GEVARC’s request and at GEVARC’s sole expense, Licensor shall take all reasonable action requested by GEVARC to enforce such warranties, guarantees, representations, service agreements and indemnities.
Third Party Pass-Through. Administrator shall pay a specified amount to Dealer or its designee with respect to certain Protection Plans sold/offered pursuant to this Agreement (“Third Party Pass Through Payment”). The amount and eligibility requirements for payment shall be provided in a format approved by Administrator. Third Party Pass Through Payment shall not be considered due until such Protection Plan has been accepted by Administrator and fully paid to Administrator. Furthermore, payment of Third Party Pass Through Payment shall be contingent upon Dealer or the applicable Payment Provider, as defined below, remitting an amount equal to the Third Party Pass Through Payment in addition to the Protection Plan Fee. Administrator shall determine eligibility for Third Party Pass Through Payment with respect to Protection Plan(s) based on the net amounts received by Administrator from the sale or distribution of the Protection Plan(s). For purposes of this determination, “net amounts received” by Administrator shall mean the amount remaining from the gross sales price of the Protection Plan after deducting all applicable taxes and cancellations. Payment of Third Party Pass Through Payment amounts to Dealer or its designee shall be made by Administrator on a monthly basis, in arrears.