IPS System definition
Examples of IPS System in a sentence
Upon WU’s request, IPS will provide assistance to WU in selecting parameter settings and programming features and options within the IPS System by providing WU with technical support, information and training that is necessary for WU to appropriately understand the IPS System.
The CDC IPS Service is operated using an internal CDC IPS System rather than the CDS; NCCPL has now expanded the pool of assets that the Securities Broker may use to meet the Margin Requirements to include certain Government Securities held by the Securities Broker and/or an Investor under the CDC IPS System.
The Service Schedules and any document or service referred to therein shall be subject to revision in writing by IPS and communicated to Customer from time to time during the Term of this Agreement to reflect changes and improvements to the IPS System or the Services provided by IPS and offered generally to IPS's customers and to reflect any changes and improvements in the specific Services provided to Customer.
Any Enhancement shall remain solely the property of IPS and Customer shall acquire no right, claim or interest in or to the IPS System.
WU is solely responsible for reviewing and selecting the parameter settings and programming features and options available within the IPS System that will be utilized and for assuring that its selection of such settings, features and options is consistent with all applicable legal requirements.
In addition, Customer is solely responsible for reviewing and selecting the parameter settings and programming features and options available within the IPS System that will apply to customer's Program, and for determining that its selection of such settings, features and options is consistent with the Legal Requirements and with the terms and conditions of Client Agreements and Accounts and disclosures to its Clients.
In making such determinations, WU shall be entitled to rely on written descriptions of such settings, features and options in the User Manuals, customer bulletins and other IPS System documentation provided to WU by IPS from time to time.
IPS specifically retains all rights associated with the Services and the IPS System and any Enhancements thereto.
Customer may periodically request ------------------------------------------- customizations, enhancements, additions or modifications (each an "Enhancement") to the IPS System.
In such event, IPS shall provide WU with written documentation setting forth with reasonable specificity the reasons for IPS’ determination and, if so desired by WU, IPS shall work with WU to resolve the situation and shall use reasonable efforts to work with WU to identify feasible and acceptable alternatives to meet WU’s needs in a manner that would not materially and adversely affect IPS’ operations or the IPS System.