Affiliated Company definition
Examples of Affiliated Company in a sentence
The Client will reimburse Instinet, an y Affiliated Company and the operator of the CoLo Facility for any Losse s (including damage to equipment) caused by its and/or any Client Related Party’s actions or, negligence or failure to comply with this paragraph.
For the avoidance of doubt, the client acknowledges that the Co-Lo Services are provided by third parties for whose acts and omission Instinet or any Affiliated Company are not responsible.
Unless the Client has contracted directly with the Affiliated Company, Broker or third party, subject always to the terms of this Agreement, Instinet will be liable to the Client for the acts and omissions of any Affiliated Company, Broker or third party to whom Instinet delegates the performance of any of the Investment Services (or any part thereof) to the extent those acts or omissions breach the terms of this Agreement, as if they were Instinet’s own acts or omissions.
Instinet may assign the rights under this Agreement without the Client’s consent to any Affiliated Company established or prepared to provide the Investment Services provi ded under this Agreement.
In particular, Instinet may share certain brokerage or dealing commissions/charges with an Affiliated Company, Broker or third party or receive remuneration from any of them in respect of any Investment Service Instinet engages in for or on the Client’s behalf.