Precis definition
Examples of Precis in a sentence
For purposes of this Agreement, notices and all other communications provided for herein shall be in writing and shall be deemed to have been duly given when personally delivered or when mailed by United States registered or certified mail, return receipt requested, postage prepaid, addressed as follows: If the Company, to: Precis, Inc.
Precis may, in its sole discretion, invoice the Customer from any affiliate within the Precis group for the fees (including license fees and/or other third party costs incurred by Precis) under the Agreement.
The total liability of Precis under or in connection with this DPA will be limited to the maximum monetary or payment-based amount at which Precis’ liability is capped under the TOS (for clarity, any exclusion of indemnification claims from the TOS’ limitation of liability will not apply to indemnification claims under this DPA).
Any notices from Precis to Customer will be sent to the Customer’s contact person’s email indicated in the Order Form.
The terms of the Data Processing Agreement are incorporated by reference into these TOS and shall apply to the extent any Customer Content includes Personal Data or Precis otherwise processes any Personal Data on behalf of Customer in connection with the Agreement.
However, Precis will notify Customer of any material changes in advance.
Precis undertakes to use a commercially reasonable selection process by which we evaluate the security, privacy and confidentiality practices of Subprocessors that will or may have access to or process Personal Data.
Precis will process (including, as applicable to the Services and Customer’s instructions as set forth in the Agreement, including the DPA, collecting, recording, organising, structuring, storing, altering, retrieving, using, disclosing, combining, erasing and destroying) Personal Data for the purpose of providing the Services, including any related support to Customer, and to fulfil its obligations according to the Agreement, including the DPA.
Precis further agrees that the Indemnified Party shall not have any liability to Precis or its affiliates, officers, directors, agents, employees, persons deemed to be in control of Precis within the meaning of either Section 15 of the Securities Act of 1933, as amended, or Section 20 of the Securities Exchange Act of 1934, as amended, or shareholders for any Losses, Claims or Expenses.
The Parties agree that Precis shall be considered a processor under Applicable Law and the Customer, as applicable, a controller or processor.