Breach Responsibilities. This section only applies when a Data Breach occurs with respect to Personal Data or Non-Public Data within the possession or control of Supplier.
1. Supplier shall (1) cooperate with Customer as reasonably requested by Customer to investigate and resolve the Data Breach, (2) promptly implement necessary remedial measures, if necessary, and (3) document responsive actions taken related to the Data Breach, including any post-incident review of events and actions taken to make changes in business practices in providing the services, if necessary.
2. Unless otherwise stipulated, if a Data Breach is a direct result of Supplier’s breach of its obligation to encrypt Personal Data and Non-Public Data or otherwise prevent its release, Supplier shall bear the costs associated with (1) the investigation and resolution of the Data Breach; (2) notifications to individuals, regulators or others required by state law; (3) credit monitoring services required by state or federal law; (4) a website or toll-free numbers and call center for affected individuals required by state law – all not to exceed the agency per record per person cost calculated for data breaches in the United States on the most recent Cost of Data breach Study: Global Analysis published by the Ponemon Institute at the time of the data breach; and (5) complete all corrective actions as reasonably determined by Supplier based on root cause.
3. If a Data Breach is a direct result of Supplier’s breach of its obligations to encrypt Personal Data and Non-Public Data or otherwise prevent its release, Supplier shall indemnify and hold harmless the Customer against all penalties assessed to Indemnified Parties by governmental authorities in connection with the Data Breach.
Breach Responsibilities. This section only applies when a Data Breach occurs with respect to Personal Data within the possession or control of the Contractor and related to the service provided under the Master Agreement, Participating Addendum, or SLA.
a. The Contractor, unless stipulated otherwise, shall immediately notify the appropriate Purchasing Entity identified contact by telephone in accordance with the agreed upon security plan or security procedures if it reasonably believes there has been a security incident.
b. The Contractor, unless stipulated otherwise, shall promptly notify the appropriate Purchasing Entity identified contact within 24 hours or sooner by telephone, unless shorter time is required by applicable law, if it has confirmed that there is, or reasonably believes that there has been a data breach. The Contractor shall (1) cooperate with the Purchasing Entity as reasonably requested by the Purchasing Entity to investigate and resolve the Data Breach, (2) promptly implement necessary remedial measures, if necessary, and (3) document responsive actions taken related to the Data Breach, including any post-incident review of events and actions taken to make changes in business practices in providing the services, if necessary.
c. Unless otherwise stipulated, if a Data Breach is a direct result of Contractor’s breach of its contractual obligation to encrypt Personal Data or otherwise prevent its release, the Contractor shall bear the costs associated with (1) the investigation and resolution of the data breach; (2) notifications to individuals, regulators or others required by federal and state laws or as otherwise agreed to; (3) a credit monitoring service required by state (or federal) law or as otherwise agreed to; (4) a website or a toll-free number and call center for affected individuals required by federal and state laws — all not to exceed the average per record per person cost calculated for data breaches in the United States (currently $217 per record/person) in the most recent Cost of Data Breach Study: Global Analysis published by the Ponemon Institute at the time of the data breach; and (5) complete all corrective actions as reasonably determined by Contractor based on root cause.
Breach Responsibilities. This section only applies when a Data Breach occurs with respect to Personal Data or Non-Public Data within the possession or control of Supplier.
a. Supplier, unless stipulated otherwise, shall promptly notify the Customer identified contact within 2 hours or sooner, unless shorter time is required by applicable law, if it confirms that there is, or reasonably believes that there has been a Data Breach. Supplier shall (1) cooperate with Customer as reasonably requested by Customer to investigate and resolve the Data Breach, (2) promptly implement necessary remedial measures, if necessary, and (3) document responsive actions taken related to the Data Breach, including any post-incident review of events and actions taken to make changes in business practices in providing the services, if necessary.
b. Unless otherwise stipulated, if a Data Breach is a direct result of Supplier’s breach of its obligation to encrypt Personal Data and Non-Public Data or otherwise prevent its release, Supplier shall bear the costs associated with (1) the investigation and resolution of the Data Breach; (2) notifications to individuals, regulators or others required by state law; (3) credit monitoring services required by state or federal law; (4) a website or toll-free numbers and call center for affected individuals required by state law – (2), (3) and (4) not to exceed the agency per record per person cost calculated for data breaches in the United States on the most recent Cost of Data Breach Study: Global Analysis published by the Ponemon Institute at the time of the Data Breach; and (5) complete all corrective actions as reasonably determined by Supplier based on root cause.
c. If a Data Breach is a direct result of Supplier’s breach of its obligations to encrypt Personal Data and Non-Public Data or otherwise prevent its release, Supplier shall indemnify and hold harmless the Customer against all penalties assessed to indemnified parties by governmental authorities in connection with the Data Breach.
Breach Responsibilities. This section only applies when a Data Breach occurs with respect to Personal Data within the possession or control of the Contractor.
a. The Contractor, unless stipulated otherwise, shall immediately notify the appropriate Purchasing Entity identified contact by telephone in accordance with the agreed upon security plan or security procedures if it reasonably believes there has been a security incident.
b. The Contractor, unless stipulated otherwise, shall promptly notify the appropriate Purchasing Entity identified contact within 24 hours or sooner by telephone, unless shorter time is required by applicable law, if it has confirmed that there is, or reasonably believes that there has been a data breach. The Contractor shall (1) cooperate with the Purchasing Entity as reasonably requested by the Purchasing Entity to investigate and resolve the data breach, (2) promptly implement necessary remedial measures, if necessary, and (3) document responsive actions taken related to the data breach, including any post-incident review of events and actions taken to make changes in business practices in providing the services, if necessary.
c. Unless otherwise stipulated, if a Data Breach is a direct result of Contractor’s breach of its contractual obligation to encrypt Personal Data or otherwise prevent its release, the Contractor shall bear the costs associated with (1) the investigation and resolution of the data breach; (2) notifications to individuals, regulators or others required by federal and state laws or as otherwise agreed to; (3) a credit monitoring service required by state (or federal) law or as otherwise agreed to; (4) a website or a toll-free number and call center for affected individuals required by federal and state laws — all not to exceed the average per record per person cost calculated for data breaches in the United States (currently $217 per record/person) in the most recent Cost of Data Breach Study: Global Analysis published by the Ponemon Institute at the time of the data breach; and (5) complete all corrective actions as reasonably determined by Contractor based on root cause.
Breach Responsibilities. 9.1 Both parties should meet obligations agreed in this Contract. Any party partially or completely dishonors its obligations should bear breach responsibilities.
9.2 If Party A fails to make the Advance as agreed in 3.3 of this Contract, Party B has the right to charge penalty by day in interest rate agreed in this Contract.
9.3 If Party A repays the loan ahead of time without written consent of Party B, Party B has the right to charge interest according to term and interest rate agreed in this Contract.
9.4 If Party A fails to honor principal and interest under this Contract in agreed time, Party B has the right to ask Party A to pay in limited time. Party A authorizes Party B the right to transfer capital from accounts of Party A and all its affiliated branches opened in Bank of Quanzhou for repayment of the loan under this Contract. Besides, for overdue loans, Party A should be charged extra 50% of interest rate agreed in this Contract for penalty, and for overdue interest, extra 50% for compound interest. If the currency deducted is foreign, it is exchanged by buying rate published by Party B.
9.5 If Party A does not use the loan in ways agreed in this Contract, Party B has the right to stop granting the loan, partially or completely take back the loan capital, or terminate this Contract. For loan capital not used in ways agreed in this Contract, Party A should be charged extra 100% of interest rate agreed in this Contract for penalty interest, and for overdue interest, extra 100% for compound interest.
9.6 For overdue interest during the term of the loan under this Contract, compound interest is calculated by interest rate agreed in this Contract, and for overdue interest after the term of the loan under this Contract, compound interest is calculated according to provision agreed in 9.4 of this Contract.
9.7 If conditions stated in 9.4 and 9.5 happen at the same time, Party B takes the harder punishment and the punishments could not be implemented at the same time.
9.8 For any actions listed below, Party A should correct within 7 days after receiving notice fro party B and carry out remedial measures to Party B’s satisfactory, or else, Party B has the right to announce the loan due ahead of time and ask borrower to repay all the principal and interest till termination of this Contract.
9.8.1 Party A provides artificial or purposely cover information of balance sheet, income statement and other financial files.
9.8.2 Party A is not cooperative or refu...
Breach Responsibilities. This paragraph only applies when a Data Breach occurs with respect to Personal Data or Non- Public Data within the possession or control of CLI.
A. CLI, unless stipulated otherwise, shall immediately notify the CUSTOMER by telephone if it reasonably believes there has been a Security Incident.
B. CLI, unless stipulated otherwise, shall promptly notify the CUSTOMER within one (1) hour or sooner by telephone, unless shorter time is required by applicable law, if it confirms that there is, or reasonably believes that there has been a Data Breach. CLI shall (1) cooperate with the CUSTOMER as reasonably requested by the CUSTOMER to investigate and resolve the Data Breach, (2) promptly implement necessary remedial measures, if necessary, and (3) document responsive actions taken related to the Data Breach, including any post-incident review of events and actions taken to make changes in business practices in providing the services, if necessary.
Breach Responsibilities. 1. If Party A breaches relevant provisions of Article V of this Agreement, it shall be deemed that Party A takes the initiative to terminate this Agreement and Party B is entitled to terminate this Agreement, Party A shall be responsible for all the consequences, including the refund of Party B’s investment, and compensate all of Party B’s economic losses in this project;
2. If Party A in material breach of the Articles of this agreement or not accept Party B’s reasonable suggestion of amendments, Party B has the rights, with no responsibilities or obligations, to terminate this agreement with a written notice at any time. If Party B breaches this agreement, Party A could terminate this agreement with a written notice at any time.
3. Party B shall be the sole financial advisor for Party A and its related company within 2 years since the date of Party A listed on OTCBB; Party A authorizes Party B full rights to appoint other intermediary advisory institutions. Otherwise it is deemed that Party A breaches the agreement and needs to pay Party B USD 1,000,000 as compensation;
4. Either party which intents to terminate the agreement shall advise the other party 15 days in advance to negotiate, and shall provide a proper explanation in written form; 5. This agreement is signed under the premise that Party A does not have any cooperation or investment agreement with any other institutions; Party A shall be responsible for the third party’s compensation if any third party seems any compensation or interests from Party B after signing this agreement;
Breach Responsibilities. This paragraph only applies when a Data Breach occurs with respect to Personal Data or Non-Public Data within the possession or control of the Contractor. The Contractor, unless stipulated otherwise, shall immediately notify the appropriate City Identified Contact by telephone in accordance with the agreed upon security plan or security procedures if it reasonably believes there has been a Security Incident. The Contractor, unless stipulated otherwise, shall promptly notify the appropriate City Identified Contact within 24 hours or sooner by telephone, unless shorter time is required by applicable law, if it confirms that there is, or reasonably believes that there has been a Data Breach. The Contractor shall (1) cooperate with the City as reasonably requested by the City to investigate and resolve the Data Breach, (2) promptly implement necessary remedial measures, if necessary, and (3) document responsive actions taken related to the Data Breach, including any post-incident review of events and actions taken to make changes in business practices in providing the services, if necessary. Unless otherwise stipulated, if a Data Breach is a direct result of the Contractor’s breach of its Agreement obligation to encrypt Personal Data or Non-Public Data or otherwise prevent its release, the Contractor shall bear the costs associated with (1) the investigation and resolution of the Data Breach; (2) notifications to individuals, regulators or others required by state law; (3) a credit monitoring service required by state (or federal) law; (4) a website or a toll-free number and call center for affected individuals required by state law — all not to exceed the average per record per person cost calculated for Data Breaches in the United States defined in the most recent Cost of Data Breach Study: Global Analysis published by the Ponemon Institute at the time of the Data Breach; and (5) complete all corrective actions as reasonably determined by Contractor based on root cause; all subject to this Agreement’s limitation of liability.
Breach Responsibilities. This section only applies when a data breach occurs with respect to personal data within the possession or control of service provider.
13.10.1 The service provider, unless stipulated otherwise, shall immediately notify the appropriate City identified contact by telephone in accordance with the agreed upon security plan or security procedures if it reasonably believes there has been a security incident.
13.10.2 The service provider, unless stipulated otherwise, shall promptly notify the appropriate City identified contact within 24 hours or sooner by telephone, unless shorter time is required by applicable law, if it confirms that there is, or reasonably believes that there has been a data breach. The service provider shall (1) cooperate with the City as reasonably requested by the City to investigate and resolve the data breach, (2) promptly implement necessary remedial measures, if necessary, and (3) document responsive actions taken related to the data breach, including any post-incident review of events and actions taken to make changes in business practices in providing the services, if necessary.
13.10.3 Unless otherwise stipulated, if a data breach is a direct result of the service provider’s breach of its contract obligation to encrypt personal data or otherwise prevent its release, the service provider shall bear the costs associated with (1) the investigation and resolution of the data breach; (2) notifications to individuals, regulators or others required by state law; (3) a credit monitoring service required by state (or federal) law; (4) establishing a website or a toll-free number and call center for affected individuals required by state law – all not to exceed the average per record per person cost calculated for data breaches in the United States (currently $201 per record/person) in the most recent Cost of Data Breach Study: Global Analysis published by the Ponemon Institute at the time of the data breach; and (5) complete all corrective actions as reasonably determined by service provider based on root cause; all [(1) through (5)] subject to this contract’s limitation of liability and Cyber Insurance provision.
Breach Responsibilities. This section only applies when a data breach occurs with respect to personal data within the possession or control of the Service Provider.
a. The Service Provider, unless stipulated otherwise, shall promptly notify the appropriate City identified contact by telephone in accordance with the agreed upon security plan or security procedures if it reasonably believes there has been a security incident.
b. The Service Provider, unless stipulated otherwise, shall promptly notify the appropriate City identified contact within 24 hours or sooner by telephone, unless shorter time is required by applicable law, if it confirms that there is, or reasonably believes that there has been a data breach. The Service Provider shall (1) cooperate with the City as reasonably requested by the City to investigate and resolve the data breach, (2) promptly implement necessary remedial measures, if necessary, and (3) document responsive actions taken related to the data breach, including any post-incident review of events and actions taken to make changes in business practices in providing the services, if necessary.
c. Unless otherwise stipulated, if a data breach is a direct result of the Service Provider’s breach of its contract obligation to encrypt personal data or otherwise prevent its release, the Service Provider shall bear the costs associated with (1) the investigation and resolution of the data breach; (2) notifications to individuals, regulators or others required by state law; (3) a credit monitoring service required by state (or federal) law;
