CDPI definition
Examples of CDPI in a sentence
The CLIENT shall diligently protect and safeguard the all confidential information of CDPI and of its customers in relation to all transactions processed on a TERMINAL (“Confidential Information”).
The CLIENT may not enter into any agreement with respect to services similar to those provided by CDPI under this Agreement unless it has first notified CDPI in accordance with this clause and CDPI has refused to provide the services or has not replied to the CLIENT within the aforementioned thirty (30) days.
BVI has furnished to CDPI audited financial statements as of June 30, 2003 (the "Financial Statements).
CDPI and the CLIENT agree that the Transaction E xc ha n g e Fee (TEF) (as defined on the CDPI F o r m 1 Cover Page) payable by users of the TERMINAL on each approved transaction conducted through the TERMINAL, shall initially be the amount set forth in the CDPI Cover Page but CDPI retains the right, in its sole and absolute discretion, to amend the Transaction Fee for any reason whatsoever, including without limitation, market demand, competition and/or regulatory environment.
Cornell, CDPI, Upper Invest and the Corporation have agreed to enter into this Agreement to set forth certain agreements governing the relationship of the Parties (as defined herein) in relation to the Corporation and with respect to their ownership, directly or indirectly, of the Shares (as defined herein) following the completion of the IPO.
CDPI agrees to co-operate and assist the CLIENT with any such pursuits in a reasonable commercial manner and the CLIENT hereby indemnifies CDPI and its associates, shareholders, officers and directors from any such direct, indirect or consequential losses or damages.
If required for any regulatory compliance, the CLIENT hereby expressly acknowledges and authorizes CDPI (and / or any Processor(s)) to perform background checks (including criminal background checks) and CLIENT hereby covenants to comply with any other regulatory compliance procedures which may now exist or which may arise.
This Agreement may not be amended or modified except by written agreement signed by a duly authorized representative of CDPI and of the CLIENT.
Separate from its rights to designate one or more CDPI Nominees as set forth in Section 3.2(1), for so long as the CDPI Group owns, controls or directs, directly or indirectly, at least 10% of the Proportionate Voting Interest in the issued and outstanding Shares (on a non-diluted basis), CDPI shall have the right to designate one (1) individual as a non-voting observer to the Board (a “Board Observer”), which Board Observer shall be (as of the Effective Date) [●].
At the Closing Date, CDPI (i) will have filed all tax returns required to be filed by any jurisdiction, domestic or foreign, to which it is or has been subject, (ii) has either paid in full all taxes due and taxes claimed to be due by each jurisdiction, and any interest and penalties with respect thereto, and (iii) has adequately reflected as liabilities on its books, all taxes that have accrued for any period to and including the Closing Date.