Cybersecurity incident Sample Clauses
Cybersecurity incident. An occurrence that:
a. Actually or imminently jeopardizes, without lawful authority, the integrity, confidentiality, or availability of information or an information system; or
b. Constitutes a violation or imminent threat of violation of law, security policies, privacy policies, security procedures, or acceptable use policies.
Cybersecurity incident. Promptly, and in any event within two (2) Business Days after becoming aware of the occurrence of any actual or suspected Cybersecurity Incident, each Loan Party shall deliver to Administrative Agent a certificate executed by such Loan Party’s chief executive officer or chief financial officer specifying the nature thereof and such Loan Party’s proposed response thereto. In the event that any Loan Party knows or suspects that a Cybersecurity Incident has occurred, such Loan Party hereby grants to Administrative Agent an immediate and express right to be provided with all preliminary and cyber-forensic investigative reports and actions undertaken to investigate, and remediate such Cybersecurity Incident. In the event of any actual or suspected Loan Party Cybersecurity Incident, and where such Loan Party fails to engage cooperatively as set forth in this Section 6.26, each Loan Party hereby irrevocably appoints Administrative Agent as its lawful attorney-in-fact authorizing Administrative Agent, including Administrative Agent’s counsel, to directly engage and interact with any member of the Loan Party’s incident or breach response team. Administrative Agent’s foregoing appointment as the attorney-in-fact for each Loan Party, and all of Administrative Agent’s rights and powers, being coupled with an interest, are irrevocable until all Obligations have been Paid in Full.
