Examples of BTC Data in a sentence
In addition, State Street will store and make available to the BTC Recipients any BTC Data that it maintains in electronic form on the State Street Technology in a manner that enables it to be: (A) properly identified as information relating to the provision of the Services to the BTC Recipients; and (B) easily, promptly and independently extracted, copied or transferred from any storage media on which it is kept.
As part of the Services, and to the extent not prohibited by applicable Laws, State Street will make available to such BTC Recipient BTC Data that State Street maintains and that is the subject of any legal discovery obligation of such BTC Recipient, subject to reimbursement for out of pocket costs reasonably incurred by State Street to the extent such assistance is not capable of being performed by State Street Personnel during normal business hours without disruption to the Services.
Notwithstanding anything herein to the contrary, State Street may retain copies of BTC Data to pursue or defend claims or other actions under or relating to this Agreement or any Service Module and as otherwise consistent with its regulatory and audit (including Fund audit) obligations, which data shall remain subject to the confidentiality rights and obligations hereunder.
State Street will promptly correct any errors or inaccuracies in BTC Data caused by State Street’s failure to meet the Standard of Care or in the reports delivered to the applicable BTC Recipients under the Service Modules.
State Street will remedy any destruction, loss or alteration of any BTC Data where such destruction, loss or alteration is caused by State Street, any State Street Personnel, or a Subcontractor, to the extent technologically feasible and commercially reasonable, and only upon a BTC Recipient’s reasonable request.
Within a reasonable time after the Effective Date, State Street will establish and maintain generally accepted industry “best practices” systems security measures designed to guard against the destruction, loss, or alteration of BTC Data provided to State Street that are no less rigorous than those maintained by State Street for its own information of a similar nature, and that are consistent with the Standard of Care.
State Street will promptly notify the relevant BTC Recipients of any material destruction, loss or alteration of BTC Data provided to State Street or a Subcontractor of which State Street becomes aware.
Each Party acknowledges and agrees that a breach of any of its obligations under this Agreement or any Service Module or License Agreement with respect to BTC Confidential Information, BTC Proprietary Information, BTC Data, State Street Confidential Information, or its infringement or misappropriation of any of the other Party’s Intellectual Property Rights may irreparably harm the other Party in a way that could not be adequately compensated by money damages.
State Street will maintain physical security procedures that are designed to safeguard BTC Data and Confidential Information of each BTC Recipient provided to State Street as part of the Services against unauthorized access, which procedures will at all times meet the standards set forth in Exhibit D or standards that are reasonably likely to be as protective of BTC Data and Confidential Information of such BTC Recipients in all material respects.
If the commission does not include the requisite professional members, attach information explaining how the expertise will be obtained when needed, and provide the name and resume of the consultant who will be used.