Cybersecurity Insurance. Client agrees to maintain appropriate cybersecurity insurance coverage commensurate with their business risk, with minimum coverage limits of [AMOUNT] per incident.
Cybersecurity Insurance. Vendor agrees to maintain, at all times during the term of this Agreement, a comprehensive program of risk mitigation and cyber liability insurance. UCF shall have the right to request copies of such certificates of insurance and/or other evidence of the adequacy of the above insurance coverage from Vendor.
Cybersecurity Insurance. The Contractor shall obtain and maintain cyber liability insurance with a limit of not less than [$1,000,000 for each claim and $2,000,000 in the aggregate.]
Cybersecurity Insurance. For all Contracts that involve the supply of or provision of information technology services including cloud services or if Contractor has access to any Confidential Information , Customer Information or Personally Identifiable Information of Owner, Contractor shall secure, provide and maintain during the term of the Contract, an insurance policy (technology errors and omissions / cyber insurance), with a minimum policy limit of $3,000,000 per occurrence, that provides coverage for any and all liabilities, damages, claims, losses, costs and expenses, of any kind, that may be incurred by Owner resulting from or related to:
Cybersecurity Insurance. Network Operator will maintain in force during the term of this Agreement Professional/technology E&O and cyber risk coverage insurance with third party liability including: Network security liability, privacy liability, media liability, regulatory defense & costs and First party expenses including: Breach event expenses including privacy attorney/breach coach, IT forensics, notification, credit monitoring/ID theft, call center costs, PR/crisis management team, Network extortion, xxxxxx payments, Funds Transfer Fraud, third-party claims, Business Interruption, and Data Asset Loss with a combined single limit of not less than ten million dollars ($10,000,000.00) in the aggregate.
Cybersecurity Insurance. Prior to the Closing, Seller will have caused the Company to obtain, maintain and fully pay for an irrevocable “tail” insurance policy covering claims related to any Security Incident occurring prior to the Closing for a period of at least three (3) years from the Closing Date, from an insurance carrier and otherwise having coverage, terms and a premium that were mutually acceptable to Buyer and Seller (such policy, the “Cybersecurity Tail Policy”). The cost of the premium for the Cybersecurity Tail Policy shall be borne by Seller and shall be a Seller Transaction Expense. Buyer will not, and will cause the Company not to, cancel or change the Cybersecurity Tail Policy in any way that would be materially adverse to any beneficiary thereunder.
Cybersecurity Insurance. The Company shall, and the Founder Parties and CyberLink shall procure the Company to, maintain a technology professional liability errors and omission insurance policy (which includes cybersecurity and cyber-risk coverage) (the “Cybersecurity Policy”) that is no less than policy terms and limits standard in the Group’s industry and obtained by similarly situated companies in the Group’s industry and that are reasonable, appropriate and sufficient to respond to the risk of liability and reputation stemming from or relating to any Security Breaches, fraud or other security incidents that may impact the operations or Data Systems of any Group Company. Without limiting the foregoing, such Cybersecurity Policy will contain such primary and excess coverage limits and such deductible amounts as will be reasonably acceptable to the Investors, and reasonably promptly thereafter.
Cybersecurity Insurance. Prior to the Closing, the Company shall acquire a commercially reasonable and appropriate (in terms of price, scope of coverage and indemnification) cybersecurity insurance policy from a reputable insurance provider.
