Common use of Disaster Preparedness Clause in Contracts

Disaster Preparedness. Each Party shall prepare and maintain disaster recovery, business resumption and contingency plans that comply with Applicable Law and that are appropriate for the nature and scope of the Aspiration Account Program, which plans shall be sufficient to enable the other Party to promptly resume the performance of its obligations hereunder in the event of a natural disaster, destruction of such Party’s facilities or operations, utility or communication failures or similar interruption in the operations of such Party or the operations of a third party which in turn materially affect the operations of such Party. Each Party shall make available to the other Party copies of all such disaster recovery, business resumption and contingency plans and shall promptly provide to the other Party copies of any changes thereto. Each Party shall periodically test such disaster recovery, business resumption and contingency plans as may be appropriate and prudent in light of the nature and scope of the activities and operations of such Party and its obligations hereunder and shall promptly provide the other Party with results of any such tests.

Disaster Preparedness. Each Party shall prepare and maintain reasonable disaster recovery, recovery and business resumption and contingency plans that comply with Applicable Law and that are appropriate for the nature and scope of the Aspiration Account Program, which plans shall be sufficient to enable the other such Party to promptly resume the performance of its obligations hereunder in the event of a natural disaster, destruction of such Party’s facilities or operations, utility or communication failures or similar interruption in the operations of such Party or the operations of a third party which which, in turn turn, materially and adversely affect the operations of such PartyParty with respect to the Program. Each Party shall make available to the other Party copies of all such disaster recovery, recovery and business resumption and contingency plans and shall promptly provide to the other Party copies of any material changes thereto. Each Party agrees to cooperate with one another on any disaster recovery and business resumption plans involving the Program and, in connection therewith, each such Party shall periodically test such disaster recovery, recovery and business resumption and contingency plans as may be appropriate and prudent in light of the nature and scope of the activities and operations of such Party and its obligations hereunder and shall promptly provide the other Party with a summary of results of any such teststests upon written request.