BUSINESS CONTINUITY/DISASTER RECOVERY. BNY Mellon will implement business continuity and disaster recovery plans designed to minimize interruptions of service and ensure recovery of systems and applications used to provide the services under this Agreement. Such plans will cover the facilities, systems, applications and employees that are critical to the provision of the services hereunder, and will be tested at least annually to validate whether the recovery strategies, requirements, and protocols are viable and sustainable.
Appears in 21 contracts
Samples: Custody Agreement (CION Grosvenor Infrastructure Fund), Custody Agreement (Virtus ETF Trust II), Custody Agreement (Precidian ETFs Trust)
BUSINESS CONTINUITY/DISASTER RECOVERY. BNY Mellon will implement shall, in accordance with the Standard of Care, establish, implement, maintain, and periodically test business continuity and disaster recovery plans designed to minimize interruptions of service and ensure recovery of systems and applications used to provide the services under this Agreement. Such plans will cover the facilities, systems, applications and employees that are critical to the provision of the services hereunder, and will be tested at least annually to validate whether the recovery strategies, requirements, and protocols are viable and sustainable.
Appears in 13 contracts
Samples: Custody Agreement (Pioneer Series Trust X), Custody Agreement (Pioneer Fund /Ma/), Custody Agreement (Pioneer Real Estate Shares)
BUSINESS CONTINUITY/DISASTER RECOVERY. BNY Mellon will implement and agrees to maintain for the term of the Agreement business continuity and disaster recovery plans designed to minimize interruptions of service and ensure recovery of systems and applications used to provide the services under this Agreement. Such plans will cover the facilities, systems, applications and employees that are critical to the provision of the services hereunder, and will be tested at least annually to validate whether the recovery strategies, requirements, and protocols are viable and sustainable.
Appears in 3 contracts
Samples: Custody Agreement (Invesco Galaxy Ethereum ETF), Custody Agreement (Invesco Galaxy Ethereum ETF), Custody Agreement (Invesco Galaxy Bitcoin ETF)
BUSINESS CONTINUITY/DISASTER RECOVERY. (a) BNY Mellon will implement and agrees to maintain for the term of this Agreement business continuity and disaster recovery plans designed to minimize interruptions of service and ensure recovery of systems and applications used to provide the services under this Agreement. Such plans will cover the facilities, systems, applications and employees that are critical to the provision of the services hereunder, and will be tested at least annually to validate whether the recovery strategies, requirements, and protocols are viable and sustainable.
Appears in 2 contracts
Samples: Custody Agreement (Matthews International Funds), Custody Agreement (Matthews International Funds)
BUSINESS CONTINUITY/DISASTER RECOVERY. BNY Mellon will implement business continuity and disaster recovery plans designed to minimize interruptions of service and ensure recovery of systems and applications used to provide the services under this Agreement. Such plans will cover the facilities, systems, applications and employees that are critical to the provision of the services hereunder, and will be tested at least annually to validate whether the recovery strategies, requirements, requirements and protocols are viable and sustainable.
Appears in 2 contracts
Samples: Custody Agreement (Polen Credit Opportunities Fund), Custody Agreement (Crescent Private Credit Income Corp)
