Xtime definition
Examples of Xtime in a sentence
This Agreement is intended for the benefit of the Parties only and nothing contained herein will be deemed to give any third party any intended or incidental claim or right of action against Provider or Xtime that does not otherwise exist without regard to this Agreement.
Following the initial certification process, upon request by Xtime, Provider will undergo Xtime’s recertification process in order to continue participating in Xtime’s API Program.
Prior to establishing the Provider Integration, Provider will undergo Xtime’s initial certification process, as may be changed from time to time by Xtime in its sole discretion.
Xtime may charge interest on any payment not made when due at a rate equal to the lesser of one and one-half percent (1.5%) per month, or the maximum rate allowed under applicable Law.
Xtime and its licensors reserve and retain all of their intellectual property rights and ownership rights to the Xtime Service and the Xtime Interface, including any and all enhancements thereto conceived, made or implemented during all phases of development and release thereof.
Xtime will be responsible for the billing and collection from Xtime Dealer Clients for amounts owing in connection with the Xtime System.
In addition, Xtime may terminate this Agreement (1) upon sixty (60) days’ Legal Notice at any time, (2) immediately upon Legal Notice in the event that any party acquires a controlling interest in Provider after the Effective Date, or (3) with respect to any particular Mutual Dealer Client, upon written instructions from such Mutual Dealer Client to do so, or upon learning that Provider’s agreement with the Mutual Dealer Client has terminated or expired.
In this regard, Provider will promptly inform Xtime if Provider’s agreement with any Mutual Dealer Client terminates or expires.
Nothing in this Agreement will: (i) prevent Provider from making changes to the Provider System that will not affect the functioning of the Xtime Interface or the Xtime Service; and (ii) require Xtime to modify the Xtime Service or the Xtime Interface for any changes that Provider makes to the Provider System or the Provider Integration.
Provider will use commercially reasonable efforts to maintain the Provider System and the Provider Integration so that the Xtime Service will be capable of receiving Data from and transmitting Data to the Provider System through the Xtime Interface.