Common use of Effect of Security Breach Clause in Contracts

Effect of Security Breach. Upon the occurrence of a Security Breach, School may terminate this Agreement in accordance with School policies. School may require Contractor to suspend all Services, pending the investigation and successful resolution of any Security Breach, and Contractor may be required to reimburse School all amounts paid for any period during which Services were not rendered, as provided herein. Contractor acknowledges that, as a result of a Security Breach, School may also elect to disqualify Contractor and any of its Subcontractors from future contracts with School.

Effect of Security Breach. Upon the occurrence of a Security Breach, the School may terminate this Agreement in accordance with School policies. The School may require Contractor to suspend all Services, pending the investigation and successful resolution of any Security Breach, and Contractor may be required to reimburse the School all amounts paid for any period during which Services were not rendered, as provided herein. Contractor acknowledges that, as a result of a Security Breach, the School may also elect to disqualify Contractor and any of its Subcontractors from future contracts with the School.