'Recipient' means the legal entity that subscribes
In this provision, the obligations fall on the 'Recipient', which is the legal entity that subscribes for the services. The Agreement may call that party a Service Recipient, Participant, Licensee or another term.
Supporting quotations
“Recipient” refers to the legal entity that subscribes for the Services. The Agreement may define the Recipient as, among other terms, the “Service Recipient” (“SR”), “Participant” or “Licensee.”
Qualifications & exceptions
The definition covers the subscribing legal entity; the Agreement's own label for it may differ.
Not stated here
The text does not say how an individual consumer subscriber is treated, or whether the subscribing entity is the person using the service.
Account & Service Control · Permission or license
Bloomberg may suspend or terminate services to stay within sanctions law
Bloomberg reserves the right to suspend or terminate all or part of the services to the Recipient to avoid violating, or risking a violation of, applicable laws or regulations, including sanctions and export controls, or to avoid engaging in activities or with parties that do not meet the requirements set out above. The Recipient is the subscribing legal entity and Bloomberg is the Bloomberg party to the Agreement.
Supporting quotations
Bloomberg reserves the right to suspend or terminate all or a portion of the Services to Recipient to avoid violating or incurring the risk of violating, applicable laws or regulations, including sanctions and/or export controls, or engaging in activities or with parties not comporting with the above requirements.
“Recipient” refers to the legal entity that subscribes for the Services.
2 For purposes of this Provision, “Bloomberg” refers to the Bloomberg counterparty to the Agreement.
Qualifications & exceptions
Can apply to all or only a portion of the Services.
Purpose is avoiding a violation, or the risk of one, of applicable laws or regulations, or activities or parties not meeting the requirements above.
Not stated here
The text does not say whether fees are refunded or how disputes are handled on suspension or termination; the Agreement may address this.
No advance notice period is stated.
Account & Service Control · Company commitment
Suspension can be immediate and notice may come afterwards
In some cases Bloomberg may be required to suspend or terminate immediately. Bloomberg says it will attempt to tell the Recipient within a reasonable time, which means notice is an attempt, not a promise, and may follow the suspension or termination.
Supporting quotations
In certain instances, Bloomberg may be required to do so immediately. Bloomberg will attempt to notify Recipient of such suspension or termination within a reasonable time.
Qualifications & exceptions
'In certain instances' only; the instances are not specified.
Notice is an attempt ('will attempt to notify') within a reasonable time.
Not stated here
'Reasonable time' is not defined.
The text does not say what the notice must contain.