IDV definition
Examples of IDV in a sentence
LIMITATIONS OF LIABILITY CONTAINED IN THESE IDV TERMS ARE IN ADDITION TO, AND NOT IN LIEU OF, ANY LIMITS OUTLINED IN THE SERVICE AGREEMENT.
The Parties acknowledge that the limitations and exclusions contained in this Section 6 and elsewhere in these IDV Terms have been the subject of negotiation between the Parties and represent the Parties’ agreement based upon the perceived level of risk associated with their respective obligations under these IDV Terms, and the payments made hereunder.
To the extent Company elects to use the IDV, Company agrees to comply with all such laws and regulations.
In certain jurisdictions, there are laws and regulations that govern the collection, use, and retention of biometric information, which potentially may apply to Company’s use of the IDV.
Notwithstanding anything to the contrary in the Service Agreement or these IDV Terms, Company agrees that Payment Labs and licensor of the IDV (and their respective successors and assigns) are third party beneficiaries of this Agreement solely as it relates to the IDV.
These IDV Terms may be executed in counterparts, each of shall constitute an original, and all of which shall constitute one and the same instrument.
The version of the Biometric Data Privacy Policy that shall apply to Company at any given time shall be the then-current version published at the URL above at the time of Company's use of the IDV.
In the event Company is unwilling to comply with laws and regulations relating to the use of Biometric Data, Company shall not use the IDV.
Company's continued use of the IDV constitutes acceptance of the then-current Biometric Data Privacy Policy..
NOTWITHSTANDING ANY OTHER PROVISIONS OF THESE IDV TERMS, IN NO EVENT SHALL PAYMENT LABS’ AGGREGATE LIABILITY TO COMPANY IN CONNECTION WITH THESE IDV TERMS OR COMPANY’S ACCESS TO AND USE OF THE IDV EXCEED THE SUM OF ALL FEES PAID TO PAYMENT LABS BY COMPANY FOR THE USE OF THE IDV IN THE SIX (6) MONTH PERIOD PRECEDING THE CLAIM OR ACTION GIVING RISE TO THE LIABILITY.