Certification Warranty Benefits Sample Clauses

Certification Warranty Benefits a. During the Enrollment Term, Participant may submit a request for a Recovery Benefit by notifying Provider xxxxxxxxxxx@xxxxxxxxx.xxx/ at or a form link: xxxxx://xxxxxx.xxxxxxxxx.xxx/bitdefender-claim-submission/, within at least the first forty-eight (48) hours of discovery of any actual Event, that one of the following Events has or may have occurred during the Enrollment Term: · Ransomware Event; · BEC Event; · Compliance Event; · Cyber Legal Liability Event; and/or · Business Income Event. b. Should an Event occur and be determined a Qualifying Event, and provided an exclusion set forth in Section 4 below does not apply, Provider will afford Participant a Recovery Benefit, subject to the following: (1) Participant may only seek indemnification for one (1) Qualifying Event during the Enrollment Term; (2) Participant must have a commercially reasonable basis and belief that damages resulting from the Event will exceed $5,000 USD or equivalent in applicable foreign currency; (3) Recovery Benefit will not exceed Participant’s maximum Certification Warranty Indemnification Level as specified within Participant’s Enrollment Confirmation; (4) Application of a Recovery Benefit in the form of cyber-insurance deductible-buy back, subject to the terms and conditions of Participant’s cyber-insurance carrier, any terms and conditions of Provider, and to review and approval by both Provider and Participant’s identified cyber- insurance carrier; (5) Payment of any applicable deductible by Participant for the applicable Recovery Benefit; and (6) Any Recovery Benefit is provided in accordance with any additional terms and conditions applicable to such Qualifying Event as specified in the Warranty Confirmation Summary attached hereto as c. Recovery Benefits are limited by this Certification Warranty. Participant is responsible for notice and coordination with any insurance carrier for any ascertain insurance claims. The provider is not an insurance carrier or coordinator.
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Related to Certification Warranty Benefits

  • Indemnification Notwithstanding any contrary provision contained in this Agreement, any election hereunder or any termination of this Agreement, and whether or not this Agreement is otherwise carried out, the provisions of Section 5 shall not be in any way affected by such election or termination or failure to carry out the terms of this Agreement or any part hereof.

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Termination In the event that either Party seeks to terminate this DPA, they may do so by mutual written consent so long as the Service Agreement has lapsed or has been terminated. Either party may terminate this DPA and any service agreement or contract if the other party breaches any terms of this DPA.

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • NOW, THEREFORE the parties hereto agree as follows:

  • Confidentiality (a) Subject to Section 7.15(c), during the Term and for a period of three

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