Disaster Recovery and Contingency Program Sample Clauses

Disaster Recovery and Contingency Program. Each Borrower will, and will cause each other VSE Entity to, implement and maintain at all times (and at least annually review the sufficiency of) a disaster recovery and contingency plan that addresses, in the reasonable business judgment of the VSE Entities, each VSE Entity’s plans for continuing operations upon the occurrence of a natural disaster or other event that destroys or prevents the use of or access to such VSE Entity’s primary computer systems, information databases, software applications, business records and operations facility. Such contingency plan at all times must be in form and substance reasonably acceptable to the Administrative Agent. Upon request, each Borrower will, and will cause each other VSE Entity to, provide the Administrative Agent with a current copy of such plan.
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Disaster Recovery and Contingency Program. Each Borrower will maintain (and at least annually review the sufficiency of) a disaster recovery and contingency plan that addresses each Borrower's plans for continuing operations upon the occurrence of a natural disaster or other event that destroys or prevents the use of or access to such Borrower's primary computer systems, information databases, software applications, business records and operations facility and/or such Borrower's switch sites and call centers. Such contingency plan at all times must be in form and substance reasonably acceptable to Administrative Agent. Upon request, each Borrower will provide Administrative Agent with a current copy of such plan.
Disaster Recovery and Contingency Program. A description of the currently effective disaster recovery and contingency program of each Borrower, as required to be delivered under Section 4.8 hereof.
Disaster Recovery and Contingency Program. Each Borrower will maintain (and at least annually review the sufficiency of) a disaster recovery and contingency plan that addresses such Borrower's plans for continuing operations upon the occurrence of a natural disaster or other event that destroys or prevents the use of or access to such Borrower's primary mainframe computer systems. Within 180 calendar days after the Closing Date (and at all times thereafter), such plan must also address events that destroy or prevent the use of or access to such Borrower's other material computer systems, material information databases and records, and primary operations facility. Such contingency plan and any material changes thereto must be in form and substance reasonably acceptable to Administrative Agent. Upon request, each Borrower will provide Administrative Agent with a current copy of such plan.
Disaster Recovery and Contingency Program. Borrower will, and will cause each of its Subsidiaries to maintain (and at least annually review the sufficiency of) a disaster recovery and contingency plan that addresses such entity's plans for continuing operations upon the occurrence of a natural disaster or other event that destroys or prevents the use of or access to such entity's primary mainframe computer systems. Such contingency plan and any material changes thereto must be in form and substance reasonably acceptable to Administrative
Disaster Recovery and Contingency Program. Within 120 days of the Closing Date, the Company and each Subsidiary will implement and maintain (and at least annually review the sufficiency of) a disaster recovery and contingency plan that addresses plans for continuing operations upon the occurrence of a natural disaster or other event that destroys or prevents the use of or access to any of the Company's primary mainframe computer systems and addresses events that destroy or prevent the use of or access to other material computer systems, material information databases and records, and primary operations facility.
Disaster Recovery and Contingency Program. Each Borrower will maintain (and at least annually review the sufficiency of) a disaster recovery and contingency plan that addresses each Borrower's plans for continuing operations upon the occurrence of a natural disaster or other event that destroys or prevents the use of or access to such Borrower's primary computer systems, information databases, software applications, business records and operations facility and/or such Borrower's switch sites. Such contingency plan will also specifically assess the exposure within such Borrower's computer systems, information databases and software applications to the "Year 2000" problem (including, the inability to correctly process dates or time periods after December 31, 1999 or time periods that span centuries). To the extent that any such exposure exists, then such contingency plan must also provide a method and process for mitigating and correcting such risks. Such contingency plan at all times must be in form and substance reasonably acceptable to Administrative Agent. Upon request, each Borrower will provide Administrative Agent with a current copy of such plan.
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Disaster Recovery and Contingency Program. Borrower will maintain (and at least annually review the sufficiency of) a disaster recovery and contingency plan that addresses Borrower's plans for continuing operations upon the occurrence of a natural disaster or other event that destroys or prevents the use of or access to Borrower's primary computer systems, information databases, software applications, business records and operations facility and/or Borrower's switch sites. Such contingency plan will also specifically address exposure within Borrower's computer systems, information databases and software applications to processing the year 2000. Such contingency plan at all times must be in form and substance reasonably acceptable to Lender. Upon request, Borrower will provide Lender with a current copy of such plan.

Related to Disaster Recovery and Contingency Program

  • Disaster Recovery and Business Continuity The Parties shall comply with the provisions of Schedule 5 (Disaster Recovery and Business Continuity).

  • Disaster Recovery Plan Contractor agrees that upon request of System Agency, Contractor shall provide copies of its most recent business continuity and disaster recovery plans.

  • Disaster Recovery PFPC shall enter into and shall maintain in effect with appropriate parties one or more agreements making reasonable provisions for emergency use of electronic data processing equipment to the extent appropriate equipment is available. In the event of equipment failures, PFPC shall, at no additional expense to the Fund, take reasonable steps to minimize service interruptions. PFPC shall have no liability with respect to the loss of data or service interruptions caused by equipment failure, provided such loss or interruption is not caused by PFPC's own willful misfeasance, bad faith, gross negligence or reckless disregard of its duties or obligations under this Agreement.

  • Business Continuity and Disaster Recovery Bank shall maintain and update from time to time business continuation and disaster recovery procedures with respect to its global custody business, which are designed, in the event of a significant business disruption affecting Bank, to be sufficient to enable Bank to resume and continue to perform its duties and obligations under this Agreement without undue delay or disruption. Bank shall test the operability of such procedures at least annually. Bank shall enter into and shall maintain in effect at all times during the term of this Agreement reasonable provision for (i) periodic back-up of the computer files and data with respect to Customer and (ii) use of alternative electronic data processing equipment to provide services under this Agreement. Upon reasonable request, Bank shall discuss with Customer any business continuation and disaster recovery procedures of Bank. Bank represents that its business continuation and disaster recovery procedures are appropriate for its business as a global custodian to investment companies registered under the 1940 Act.

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