Provision record
Plaid · Plaid Terms of Use · View original document ↗

Client Assignment Permitted for Mergers and Affiliates

Medium severity Explicit document language Common · 297 of 352 platforms
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This analysis describes what Plaid's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

How other platforms handle this

Pinterest Medium

In case of such an assignment by us, you are entitled to terminate the agreement with immediate effect by deactivating your account. We will provide you with reasonable notice of any such assignment.

Snapchat Medium

Regardless of who terminates these Terms, both you and Snap continue to be bound by Sections 2, 3 (to the extent any additional terms and conditions would, by their terms, survive), and 6 - 25 of the Terms.

SoFi Medium

You agree that SoFi may contact you about any matter relating to your activity with, any inquiry submitted to, or any account or product you have with SoFi.

See all platforms with this clause type →
▸ View Original Clause Language DOCUMENT RECORD
"
Client may, upon prior written notice to Plaid, transfer and assign its rights and obligations under these Terms to an affiliate or in connection with a merger, acquisition, corporate reorganization, or sale of all or substantially all of its assets

Excerpt from Plaid's Terms of Use

Provision details

Document information
Document
Plaid Terms of Use
Entity
Plaid
Date stated by the document
Jan. 19, 2024
As printed in Plaid’s text (version CA-V-001194), not a ConductAtlas date.
Tracking information
First captured by ConductAtlas
May 5, 2026
Text quoted from version
CA-V-001194, captured May 5, 2026
Record ID
CA-P-051346
Document ID
CA-D-000535
Evidence Provenance
Source URL
Wayback Machine
Extracted-text SHA-256 (version CA-V-001194)
0f3fed52e21f302718fe183e6a2f9d49296f90d08c68b9311af91b63f315a12b
Analysis generated
May 7, 2026 09:31 UTC
Methodology
Evidence
✓ Excerpt found verbatim in version CA-V-001194 (checked Oct. 5, 2026)
Citation Record
Entity: Plaid
Document: Plaid Terms of Use
Record ID: CA-P-051346
Version: CA-V-001194
Captured: 2026-05-05 05:43:54 UTC
SHA-256: 0f3fed52e21f3027…
URL: https://conductatlas.com/platform/plaid/plaid-terms-of-use/provision/CA-P-051346/client-assignment-permitted-for-mergers-and-affiliates/
Accessed: Oct. 8, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
Medium
Categories

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Frequently Asked Questions

What does Plaid's Client Assignment Permitted for Mergers and Affiliates clause do?

The clause states: “Client may, upon prior written notice to Plaid, transfer and assign its rights and obligations under these Terms to an affiliate or in connection with a merger, acquisition, corporate reorganization, or sale of all or substantially all of its assets”

How many platforms have this type of clause?

ConductAtlas has identified this type of provision across 297 platforms. See the full comparison.

Is ConductAtlas affiliated with Plaid?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Plaid.