Common use of Business Continuation/Disaster Recovery Plan Clause in Contracts

Business Continuation/Disaster Recovery Plan. Bank shall maintain a commercially reasonable plan designed to mitigate damages resulting from Force Majeure or other causes that would threaten operation of the Plan and Bank’s business and/or loss or exposure of information requiring protection as described in Sections 2.8 and 10.17 and Bank shall annually test such plan. Bank agrees to provide a summary of such plan and a summary of its annual test results to Company upon written request from Company and to use commercially reasonable efforts to mitigate any material deficiencies set forth in such test results as deemed warranted by Bank.

Appears in 3 contracts

Samples: Private Label Credit Card Plan Agreement (Charming Shoppes Inc), Private Label Credit Card Plan Agreement (Charming Shoppes Inc), Private Label Credit Card Plan Agreement (Charming Shoppes Inc)

AutoNDA by SimpleDocs

Business Continuation/Disaster Recovery Plan. Bank shall maintain a commercially reasonable plan designed to mitigate damages identify and lessen the impact resulting from Force Majeure or other causes that would threaten operation of the Plan and Bank’s business and/or 's business, as well as a loss or exposure of information requiring protection as described in Sections 2.8 3.13 and 10.17 13.17. DM 121931.18 Stage Stores/WFNB CONFIDENTIAL Amended and Bank shall annually test such plan. Bank agrees to provide a summary of such plan and a summary of its annual test results to Company upon written request from Company and to use commercially reasonable efforts to mitigate any material deficiencies set forth in such test results as deemed warranted by Bank.Restated PLCCPA

Appears in 1 contract

Samples: Private Label Credit Card Plan Agreement (Stage Stores Inc)

Business Continuation/Disaster Recovery Plan. Bank shall maintain a commercially reasonable plan designed to mitigate damages identify and lessen the impact resulting from Force Majeure or other causes that would threaten operation of the Plan and Bank’s business and/or business, as well as a loss or exposure of information requiring protection as described in Sections 2.8 and 10.17 and Bank shall annually test such plan. Bank agrees to provide a summary of such plan and a summary of its annual test results to Company upon written request from Company and to use commercially reasonable efforts to mitigate any material deficiencies set forth in such test results as deemed warranted by Bank10.17.

Appears in 1 contract

Samples: Private Label Credit Card Plan Agreement (Pier 1 Imports Inc/De)

AutoNDA by SimpleDocs

Business Continuation/Disaster Recovery Plan. Bank shall maintain a commercially reasonable plan designed to mitigate damages resulting from Force Majeure or other causes that would threaten operation of the Plan and Bank’s business and/or loss or exposure of information requiring protection as described in Sections 2.8 and 10.17 and Bank shall annually test such plan. Bank agrees to provide a summary of such plan and a summary of its annual test results to Company upon written request from Company and to use commercially reasonable efforts to mitigate any material deficiencies set forth in such test results as deemed warranted by Bank10.17.

Appears in 1 contract

Samples: Private Label Credit Card Plan Agreement (Charming Shoppes Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!