Define: Outsourcing Service Provider
Outsourcing Service Provider means an entity providing goods, services, or facilities under an outsourcing arrangement for [organization].
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Outsourcing Service Provider means an entity providing goods, services, or facilities under an outsourcing arrangement for [organization].
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.