Security Deficiencies Sample Clauses

Security Deficiencies. Any of the Security Documents that represent the Security pledged by Recipient to secure this Contract fails for any reason to create a valid and perfected priority security interest in favor of the IEDA; or
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Security Deficiencies. [In the event the Auditor notifies DRM Provider of a vulnerability in the DRM or the procedures and operations of the DRM Provider relative to the DRM that it believes will have a material and adverse effect on the integrity or security of the Ecosystem or Licensed Content, thenDRM Provider shall cooperate with Auditor in connection with the audit and report. Prior to issuance of Auditor’s report to DECE, DRM Provider shall be provided a reasonable opportunity to review and comment on the draft report. After receipt of the draft report, DRM Provider shall have thirty (30) days, or such other period as mutually agreed to in writing by DRM Provider and DECE, to (i)a) work with Auditor to correct any errors in the draft report from the Auditorand remove any unnecessary trade secrets and (iib) to cure any vulnerabilities identified in the report from the Auditor, whereupon Auditor may, at DRM Provider’s expense, re-conduct the audit as to the non-conforming aspects of the original audit.]7 The Auditor shall not provide DECE details about the failure if such non-conformance is cured within the prescribed period of time. If the Auditor determines that the failure has not been cured within such period of time, it mayshall provide notice of such failure to DECE in its report to DECE submitted pursuant to Section 4.3.4.4 together with such information about such vulnerability as reasonably required to permit DECE to understand the nature of such vulnerability and its implications for the Ecosystem and Licensed Content and possible cure. DECE’s sole and exclusive remedy in response to any such failure by DRM Provider to cure any vulnerabilities identified shall be to terminate this Agreement immediately upon written notice to DRM Provider. Prior to exercising such remedy, DECE shall consider in good faith consider the information providedthe views expressed by DRM Provider with respect to such potential vulnerability, including any information that DRM Provider makes available to DECE regarding the potential impact ofdue to such alleged vulnerability and proposed cure, including, without limitation, the potential impact of such alleged vulnerability and/or proposed cure on DRM Provider and its licensees and UsersDRM Licensees.

Related to Security Deficiencies

  • Correction of Deficiencies The contractor must correct promptly any work of his/her own or his/her subcontractors found to be defective or not complying with the terms of the contract.

  • Deficiency Each Grantor shall remain liable for any deficiency if the proceeds of any sale or other disposition of the Collateral are insufficient to pay its Obligations and the fees and disbursements of any attorneys employed by the Collateral Agent or any Secured Party to collect such deficiency.

  • No Event of Default No Default or Event of Default has occurred and is continuing.

  • Abandonment or Default If Provider abandons work or defaults on the Contract, the GLO may terminate the Contract without notice. Provider will not be considered in any re-solicitation of the services described herein and may not be considered in future solicitations for similar services, unless the specification or scope of work changes significantly. The GLO will determine the period of suspension based on the seriousness of the abandonment or default.

  • Customer Default The occurrence at any time of any of the following events shall constitute a “Customer Default”:

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