Business Continuity नमूना खंड

Business Continuity. The bidder agrees for the following continuity arrangements to ensure the business continuity of the Bank: 1. In the event of this agreement comes to end on account of termination or by the expiry of the term/renewed term of the agreement or otherwise, the bidder shall render all xxxxxxxxxx xxxxxxxxxx and help to the Bank and to any new service provider eengaged by the Bank, for the smooth switch over and continuity of the services. 2. In the event of failure of the bidder to render the service, without prejudice to any other right the Bank shall have as per this agreement, the bank at its sole discretion may make alternate arrangements for getting the services from any other source. And if the bank gives a prior notice to the service provider before availaing such service from any other alternative source, the service provider shall be liable to reimburse the expenses, if any incurred by the bank in availing such services from the alternative source 11.18.