Vendors. TMS may engage vendors to assist with aspects of the Services such as, for example and as applicable, Prepaid Card Account setup and Prepaid Card production (each, a “Vendo”r). Prior to engaging any new Vendor, TMS shall perform an investigation and risk analysis consistent with its internal governance, risk, and compliance policies and shall use its commercially reasonable discretion when determining whether to proceed with such engagement following such investigation and risk analysis. TMS shall oversee and monitor the activities of any Vendor and shall ensure that each Vendor performs its responsibilities in compliance with this Agreement and Requirements of Law.
Appears in 10 contracts
Samples: Student Refund Management Services Agreement, Student Refund Management Services Agreement, Student Refund Management Services Agreement
Vendors. TMS may engage vendors to assist with aspects of the Services such as, for example and as applicable, Prepaid Card Account setup and Prepaid Card production (each, a “Vendo”rVendor”). Prior to engaging any new Vendor, TMS shall perform an investigation and risk analysis consistent with its internal governance, risk, and compliance policies and shall use its commercially reasonable discretion when determining whether to proceed with such engagement following such investigation and risk analysis. TMS shall oversee and monitor the activities of any Vendor and shall ensure that each Vendor performs its responsibilities in compliance with this Agreement and Requirements of Law.
Appears in 4 contracts
Samples: Student Refund Management Services Agreement, Student Refund Management Services Agreement, Student Refund Management Services Agreement
