Common use of Platform Security Clause in Contracts

Platform Security. Securitize shall use commercially reasonable efforts consistent with industry standards to protect the physical security and electronic security of the Platform and other systems utilized to provide the Securitize Services, including but not limited to using up-to-date anti-virus, security and firewall technology commonly used in the industry. Issuer agrees that it, and shall ensure that its Affiliates and Authorized Participants, will not take actions that negatively affect the confidentiality, integrity, and availability of Securitize’s systems and information assets.

Appears in 2 contracts

Samples: Platform Services, Transfer Agent and Registrar Agreement (Hygienic Dress League Corp), Platform Services, Transfer Agent and Registrar Agreement (Hygienic Dress League Corp)

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Platform Security. Securitize shall use commercially reasonable efforts consistent with industry standards to protect the physical security and electronic security of the Platform and other systems utilized to provide the Securitize Services, including but not limited to using up-to-date anti-virus, security and firewall technology commonly used in the industry. Securitize shall perform regularly scheduled data backups of the Issuer Data. Issuer agrees that itit will, and shall ensure that its Affiliates and Authorized Participants, will not knowingly take actions that negatively affect the confidentiality, integrity, and availability of Securitize’s 's systems and information assets.

Appears in 1 contract

Samples: Platform Services, Transfer Agent and Registrar Agreement (Exodus Movement, Inc.)

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Platform Security. Securitize shall use commercially reasonable efforts consistent with industry standards to protect the physical security and electronic security of the Platform and other systems utilized to provide the Securitize Services, including but not limited to using up-to-date anti-virus, security and firewall technology commonly used in the industry. Issuer agrees that it, and shall take reasonable measures to ensure that its Affiliates and Authorized Participants, will not take actions that negatively affect the confidentiality, integrity, and availability of Securitize’s systems and information assets.

Appears in 1 contract

Samples: Platform Services, Transfer Agent and Registrar Agreement (Arca U.S. Treasury Fund)

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