Common use of Disaster Recovery and Contingency Program Clause in Contracts

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.

Appears in 2 contracts

Samples: Credit Facility Agreement (MCG Finance Corp), Credit Facility Agreement (Bizness Online Com)

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Disaster Recovery and Contingency Program. Each Upon the request of Administrative Agent, each Borrower will maintain (and thereafter 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 centersfacility. Such contingency plan at all times must be in form and substance reasonably acceptable to Administrative Agent. Upon After formation, upon request, each Borrower will provide Administrative Agent with a current copy of such plan.

Appears in 2 contracts

Samples: Credit Facility Agreement (MCG Finance Corp), Credit Facility Agreement (NBG Radio Network Inc)

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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 centerssites. 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.

Appears in 1 contract

Samples: Credit Facility Agreement (Talk Com)

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