HIIQUOTE Data definition
Examples of HIIQUOTE Data in a sentence
BIMSYM shall notify HIIQUOTE promptly upon the discovery of any loss, unauthorized disclosure or use of, or unauthorized access to, the HIIQUOTE Data.
BIMSYM also acknowledges that BIMSYM in no way possesses or shall gain possession of any ownership or other proprietary rights with respect to such HIIQUOTE Data.
BIMSYM shall use such HIIQUOTE Data in strict compliance with Applicable Law governing the use, collection, disclosure and storage of such information and shall restrict disclosure of such HIIQUOTE Data to those BIMSYM employees or subcontractors with a need-to-know and who are bound by the confidentiality provisions herein (or similar provisions no less restrictive than those provided herein) and shall not further disclose such information to any third party without the prior written consent of HIIQUOTE.
Any HIIQUOTE Data that is collected or obtained by BIMSYM must be stored and transmitted in encrypted or otherwise secure form.
In the event of a breach of security of any system, website, database, equipment or storage medium or facility that results in unauthorized access to HIIQUOTE Data by any third party (including any employee or subcontractor of BIMSYM that is not authorized to access such information), BIMSYM shall notify HIIQUOTE immediately and make best efforts to re-secure its systems immediately.
For the avoidance of doubt, in no event shall BIMSYM use any HIIQUOTE Data for any purpose other than as required for the performance of BIMSYM’s obligations under this Agreement or duplicate or incorporate the HIIQUOTE Data into its own records or databases, except as is necessary to carry out BIMSYM’s obligations under this Agreement.
Such copies shall be stored in secure off-site locations following the BCP and BIMSYM will back up all HIIQUOTE Data on a secured backup system and make it available in event of server failure or any technical issue.