Emergency Backup Sample Clauses

Emergency Backup. In the event Hamilton discontinues or interrupts the delivery of Raw Water to the Delivery Point pursuant to this Article, AMLPC shall, at its sole cost and expense, be responsible for supplying and generally meeting its requirements for water until the regular Raw Water supply is restored pursuant to this Agreement and shall tolerate and accept such discontinuation of service without any claim against Hamilton therefor.
Sample 1
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Emergency Backup. SI will establish and maintain arrangements for emergency backup data processing for SI's processing commitments to the Client under this Agreement. SI's policies and procedures concerning backup are reflected in SI's Operations Guide. SI does not warrant such backup will be available at the desired time, in sufficient quantities, or in a nearby location. SI will work diligently with Client in an emergency to restore on-line communications, including but not limited to vendor and supplier contact and identification of alternate sites in which emergency computing equipment could be installed. Client will pay all expenses incurred, if any, in connection with emergency processing backup needs. Client will define in writing from time to time the procedures it wishes SI to follow regarding the use of emergency backup, and Client shall have the right, to be exercised in its discretion, to direct SI to utilize such backup capability, provided Client's processing is behind schedule. Notwithstanding the foregoing, SI shall not be liable for any failure, delay or interruption in data processing services pursuant to this Agreement, in whole or in part, due to acts of God, strikes, or threats thereof or force majeure or due to causes beyond the control of SI. Upon written notice from Client, SI agrees to conduct appropriate tests of emergency backup arrangements and Client agrees to pay for all travel, personnel and equipment expenses incurred in connection with such testing. There shall be no additional personnel charge, however, for participation in the testing of such backup arrangements by members of the Resident Staff. Client acknowledges that emergency backup arrangements hereunder do not constitute disaster recovery capabilities (see Section 11.3).
Sample 1

Related to Emergency Backup

  • Administration of Shared-Loss Assets The Assuming Institution shall at all times prior to the Termination Date comply with the Rules Regarding the Administration of Shared-Loss Assets as set forth in Article III of this Commercial Shared-Loss Agreement.

  • Shared-Loss Asset Records and Reports The Assuming Institution shall establish and maintain such records as may be appropriate to account for the Single Family Shared-Loss Loans in such form and detail as the Receiver may reasonably require, and to enable the Assuming Institution to prepare and deliver to the Receiver such reports as the Receiver may from time to time request regarding the Single Family Shared-Loss Loans and the Monthly Certificates required by Section 2.1 of this Single Family Shared-Loss Agreement.

  • Administration and Collection SECTION 6.01.

  • Treatment of Tax Indemnity and Tax Benefit Payments In the absence of any change in Tax treatment under the Code or other applicable Tax Law,

  • Loss Reimbursement Subadviser shall reimburse the Account for any material error to the Fund's net asset value caused by Subadviser's breach of its standard of care, as set forth in the following sentence that is a direct cause of a delay in the accurate daily pricing of the Fund. In managing the Account, Subadviser shall act with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims.

  • Tax Reimbursement (a) Anything in this Agreement to the contrary notwithstanding, in the event it shall be determined that any payments or distributions by Ceridian to or for the benefit of Executive (whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise, but determined without regard to any payments required under this Section 7.04) (collectively, the "Payments") would be subject to the excise tax imposed by Section 4999 of the Code or any interest or penalties are incurred by Executive with respect to such excise tax (such excise tax, together with any such interest and penalties, are hereinafter collectively referred to as the "Excise Tax"), then Executive shall be entitled to receive an additional payment (a "Gross-Up Payment") in an amount such that, after payment by Executive of all taxes (and any interest or penalties imposed with respect to such taxes), including any income taxes and Excise Tax imposed upon the Gross-Up Payment, Executive retains an amount of the Gross-Up Payment equal to the Excise Tax imposed upon the Payments.

  • BUSINESS CONTINUITY/DISASTER RECOVERY In the event of equipment failure, work stoppage, governmental action, communication disruption or other impossibility of performance beyond State Street’s control, State Street shall take reasonable steps to minimize service interruptions. Specifically, State Street shall implement reasonable procedures to prevent the loss of data and to recover from service interruptions caused by equipment failure or other circumstances with resumption of all substantial elements of services in a timeframe sufficient to meet business requirements. State Street shall enter into and shall maintain in effect at all times during the term of this Agreement with appropriate parties one or more agreements making reasonable provision for (i) periodic back-up of the computer files and data with respect to the Trusts; and (ii) emergency use of electronic data processing equipment to provide services under this Agreement. State Street shall test the ability to recover to alternate data processing equipment in accordance with State Street program standards, and provide a high level summary of business continuity test results to the Trusts upon request. State Street will remedy any material deficiencies in accordance with State Street program standards. Upon reasonable advance notice, and at no cost to State Street, the Trusts retain the right to review State Street’s business continuity, crisis management, disaster recovery, and third-party vendor management processes and programs (including discussions with the relevant subject matter experts and an on-site review of the production facilities used) related to delivery of the service no more frequently than an annual basis. Upon reasonable request, the State Street also shall discuss with senior management of the Trusts any business continuity/disaster recovery plan of the State Street and/or provide a high-level presentation summarizing such plan.”

  • Administrative Duties of the Custodian The Custodian shall perform the following administrative duties with respect to Investments of the Fund.

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