Provider definition
Examples of Provider in a sentence
As soon as available and not later than ninety (90) Business Days immediately following the close of each Fiscal Year, Service Provider shall deliver to VGI audited financial statements, prepared in accordance generally accepted accounting principles (“GAAP”), and any other information required to comply with local statutory reporting requirements.
In addition, VGI agrees to assign and second to Service Provider such VGI employees (“Seconded VGI Employees”) as shall be necessary and sufficient to permit Service Provider to engage in the business of providing Services to the Subject Funds.
The parties hereto acknowledge and agree that the Subject Funds are third-party beneficiaries as to the covenants, obligations, representations and warranties undertaken by Service Provider under this Agreement and as to the rights and privileges to which VGI is entitled pursuant to this Agreement, and that the Subject Funds are entitled to all of the rights and privileges associated with such third-party beneficiary status.
Service Provider has full power and authority to execute and deliver this Agreement and all other documents and instruments to be executed and delivered by it hereunder, to grant the licenses granted hereunder, and to consummate the transactions contemplated hereunder.
Service Provider is a limited liability company duly organized, validly existing, and in good standing under the laws of the Commonwealth of Pennsylvania and has all requisite corporate power and authority to own, lease, and operate the properties and assets utilized in, and to carry on, the business of Service Provider as it is presently being conducted.