Common use of NOTIFIABLE DATA BREACHES Clause in Contracts

NOTIFIABLE DATA BREACHES. 20.1. If the Liquidator becomes aware that there are reasonable grounds to suspect that there may have been an Eligible Data Breach in relation to any Personal Information or Sensitive Information held by the Supplier as a result of this Agreement or its provision of the Services, the Liquidator agrees to: (a) notify ASIC in writing as soon as possible, which must be no later than within 3 days of becoming aware; and (b) unless otherwise directed by ASIC, carry out an assessment in accordance with the requirements of the Privacy Xxx 0000 (Cth). 20.2. Where the Liquidator is aware that there are reasonable grounds to believe there has been, or where ASIC notifies the Liquidator that there has been, an Eligible Data Breach in relation to any Personal Information or Sensitive Information held by the Liquidator as a result of this Agreement or its provision of the Services, the Liquidator must: (a) take all reasonable action to mitigate the risk of the Eligible Data Breach causing serious harm to any of the individuals to whom the Personal Information or Sensitive Information relates; (b) unless otherwise directed by ASIC, take all other action necessary to comply with the requirements of the Privacy Xxx 0000 (Cth); and (c) take any other action as reasonably directed by ASIC.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

AutoNDA by SimpleDocs

NOTIFIABLE DATA BREACHES. 20.136.1. If the Liquidator becomes aware that there are reasonable grounds to suspect that there may have been an Eligible Data Breach in relation to any Personal Information or Sensitive Information held by the Supplier Liquidator as a result of this Agreement or its provision of the Servicesservices, the Liquidator agrees to: (a) notify ASIC in writing as soon as possible, which must be no later than within 3 three days of becoming aware; and (b) unless otherwise directed by ASIC, carry out an assessment in accordance with the requirements of the Privacy Xxx 0000 Act 1988 (Cth). 20.236.2. Where the Liquidator is aware that there are reasonable grounds to believe there has been, or where ASIC notifies the Liquidator that there has been, an Eligible Data Breach in relation to any Personal Information or Sensitive Information held by the Liquidator as a result of this Agreement or its provision of the Servicesservices, the Liquidator must: (a) take all reasonable action to mitigate the risk of the Eligible Data Breach causing serious harm to any of the individuals to whom the Personal Information or Sensitive Information relates; (b) unless otherwise directed by ASIC, take all other action necessary to comply with the requirements of the Privacy Xxx 0000 Act 1988 (Cth); and (c) take any other action as reasonably directed by ASIC.

Appears in 1 contract

Samples: Grant Agreement

AutoNDA by SimpleDocs

NOTIFIABLE DATA BREACHES. 20.135.1. If the Liquidator becomes aware that there are reasonable grounds to suspect that there may have been an Eligible Data Breach in relation to any Personal Information or Sensitive Information held by the Supplier Liquidator as a result of this Agreement or its provision of the Servicesservices, the Liquidator agrees to: (a) notify ASIC in writing as soon as possible, which must be no later than within 3 three days of becoming aware; and (b) unless otherwise directed by ASIC, carry out an assessment in accordance with the requirements of the Privacy Xxx 0000 (Cth). 20.235.2. Where the Liquidator is aware that there are reasonable grounds to believe there has been, or where ASIC notifies the Liquidator that there has been, an Eligible Data Breach in relation to any Personal Information or Sensitive Information held by the Liquidator as a result of this Agreement or its provision of the Servicesservices, the Liquidator must: (a) take all reasonable action to mitigate the risk of the Eligible Data Breach causing serious harm to any of the individuals to whom the Personal Information or Sensitive Information relates; (b) unless otherwise directed by ASIC, take all other action necessary to comply with the requirements of the Privacy Xxx 0000 (Cth); and (c) take any other action as reasonably directed by ASIC.

Appears in 1 contract

Samples: Grant Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!