Define: Outsourcing Service Provider

How is Outsourcing Service Provider defined in a legal contract?

• Outsourcing Service Provider means the provider of goods, services, or facilities. This provider could be a licensed entity and might be an entity within a corporate group or an entity external to the group. Seen in 6 SEC filings.
• Outsourcing Service Provider means the entity that provides administrative services that have been outsourced and might also include other entities within the same corporate group. Seen in 4 SEC filings.
• Outsourcing Service Provider means the supplier of goods, services, or facilities to a corporate entity under an outsourcing arrangement. The provider may be an affiliated entity within a corporate group or an entity external to the group. Seen in 2 SEC filings.
• Outsourcing Service Provider means a business entity that the subscriber engages to be provided with services. Seen in 1 SEC filing.
• Outsourcing Service Provider means a third-party service provider that carries out outsourced activities. Seen in 1 SEC filing.
• Outsourcing Service Provider means third-party service providers who carry out the outsourced activities, for insurers. Seen in 1 SEC filing.
• Outsourcing Service Provider means the supplier of goods, services, or facilities, which could include another fund administrator or an affiliated entity within a corporate group. Seen in 1 SEC filing.
• Outsourcing Service Provider means

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Outsourcing Service Provider means an entity providing goods, services, or facilities under an outsourcing arrangement for [organization].

Relevant Contract Types

• Outsourcing Agreements
• Information Technology Services Agreement
• Managed Services Agreement

Relevant Circumstances

• When a company is looking to outsource part of its operation, it can use this definition to specify the entity that provides the service.
• This could be used when an organization wants to partner with an external provider to outsource non-core activities.
• It can be useful in situations where a contractual relationship is being established between an organization and a third-party provider for the provision of goods or services.

Relevant Sectors

• Information Technology
• Finance
• Retail

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Genie Definition 2

• Outsourcing Service Provider means a third-party entity performing outsourced activities for [organization].

Relevant Contract Types

• Third Party Agreement
• Vendor Agreement
• Business Process Outsourcing Contract

Relevant Circumstances

• This definition is helpful when a company is contracting out a specific business operation to a third-party.
• It's applicable when a company wants to articulate in contract what roles and responsibilities the third-party provider has.
• This definition can be used when the organization is looking to engage a third-party provider for a specific project or task.

Relevant Sectors

• Manufacturing
• Healthcare
• Professional Services

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