Common use of Cloud Environments Clause in Contracts

Cloud Environments. For all Cloud Environments, Servicer shall validate compliance, at least once annually, with either (i) the latest version of the Cloud Security Alliance Cloud Controls Matrix (CCM) at xxxxx://xxxxxxxxxxxxxxxxxxxxx.xxx, or (ii) a Cellco-approved equivalent set of security, privacy, and business continuity controls, which will meet Cellco's external and internal compliance requirements for protecting Cellco Confidential Information or Cellco Highly Confidential Information.

Appears in 4 contracts

Samples: Transfer and Servicing Agreement (Verizon Owner Trust 2020-A), Transfer and Servicing Agreement (Verizon Owner Trust 2020-A), Transfer and Servicing Agreement (Verizon Owner Trust 2019-C)

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Cloud Environments. For all Cloud Environments, Servicer shall validate compliance, at least once annually, with either (i) the latest version of the Cloud Security Alliance Cloud Controls Matrix (CCM) at xxxxx://xxxxxxxxxxxxxxxxxxxxx.xxx, or (ii) a Cellco-approved equivalent set of security, privacy, and business continuity controls, which will meet Cellco's ’s external and internal compliance requirements for protecting Cellco Confidential Information or Cellco Highly Confidential Information.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Verizon Owner Trust 2019-A)

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