Disaster Recovery Plans. Each of Company and Bank shall maintain in effect a disaster recovery and business continuity plan that is designed to ensure reasonable business continuity of critical functions, and that complies with Applicable Law and the requirements of Schedule 6.4(a). Each party shall notify the other party of any material changes to its disaster recovery and business continuity plan that may impact the Program. Each party will test such plan annually and will promptly initiate such plan upon the occurrence of a disaster or business interruption.
Appears in 4 contracts
Samples: Program Agreement, Credit Card Program Agreement (Target Corp), Credit Card Program Agreement (Target Corp)
Disaster Recovery Plans. Each of Company and Bank shall maintain in effect a disaster recovery and business continuity plan that is designed to ensure reasonable business continuity of critical functions, and that complies with Applicable Law and the requirements of Schedule 6.4(a)4.15. Each party shall notify the other party of any material changes to its disaster recovery and business continuity plan that may impact the Program. Each party will test such plan annually in accordance with its terms and will promptly initiate and implement in accordance with its terms such plan upon the occurrence of a disaster or business interruption.
Appears in 2 contracts
Samples: Credit Card Program Agreement (Nordstrom Inc), www.sec.gov
