Amendment and Revision of the ISMS and Security Management Plan Sample Clauses

The "Amendment and Revision of the ISMS and Security Management Plan" clause establishes the procedures and authority for making changes to an organization's Information Security Management System (ISMS) and its associated security management plan. Typically, this clause outlines who can propose amendments, the process for reviewing and approving changes, and how updates are communicated to relevant stakeholders. For example, it may require periodic reviews or allow for immediate updates in response to new threats or regulatory changes. Its core function is to ensure that the ISMS and security management plan remain current, effective, and responsive to evolving security needs and compliance requirements.
Amendment and Revision of the ISMS and Security Management Plan. 3.4.1 The ISMS and Security Management Plan will be fully reviewed and updated by the CONTRACTOR annually, or from time to time to reflect: 3.4.1.1 emerging changes in Good Industry Practice; 3.4.1.2 any change or proposed change to the CONTRACTOR System, the Ordered IT Products and/or associated processes; 3.4.1.3 any new perceived or changed security threats; and/or 3.4.1.4 any reasonable request by the CUSTOMER. 3.4.2 The CONTRACTOR will provide the CUSTOMER with the results of such reviews as soon as reasonably practicable after their completion and amend the ISMS and Security Management Plan at no additional cost to the CUSTOMER. The results of the review should include: 3.4.2.1 suggested improvements to the effectiveness of the ISMS; 3.4.2.2 updates to the risk assessments; 3.4.2.3 proposed modifications to the procedures and controls that effect information security to respond to events that may impact on the ISMS; and/or 3.4.2.4 suggested improvements in measuring the effectiveness of controls. 3.4.3 On receipt of the results of such reviews, the CUSTOMER will approve any amendments or revisions to the ISMS or Security Management Plan in accordance with the process set out at paragraph 3.2.2 of this Schedule. 3.4.4 Any change or amendment which the CONTRACTOR proposes to make to the ISMS or Security Management Plan (as a result of a CUSTOMER request or change to the Schedule 2-2 or otherwise) shall be subject to the Contract Change Procedure and shall not be implemented until approved in writing by the CUSTOMER.
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Amendment and Revision of the ISMS and Security Management Plan. 3.4.1 The ISMS and Security Management Plan will be fully reviewed and updated by the Supplier annually, or from time to time to reflect: 3.4.1.1 emerging changes in Good Industry Practice; 3.4.1.2 any change or proposed change to the Supplier System, the Services and/or associated processes; 3.4.1.3 any new perceived or changed security threats; 3.4.1.4 any reasonable request by the Customer. 3.4.2 The Supplier will provide the Customer with the results of such reviews as soon as reasonably practicable after their completion and amend the ISMS and Security Management Plan at no additional cost to the Customer. The results of the review should include, without limitation: 3.4.2.1 suggested improvements to the effectiveness of the ISMS; 3.4.2.2 updates to the risk assessments; 3.4.2.3 proposed modifications to the procedures and controls that effect information security to respond to events that may impact on the ISMS; and 3.4.2.4 suggested improvements in measuring the effectiveness of controls. 3.4.3 On receipt of the results of such reviews, the Customer will approve any amendments or revisions to the ISMS or Security Management Plan in accordance with the process set out at paragraph 3.2.2. 3.4.4 Any change or amendment which the Supplier proposes to make to the ISMS or Security Management Plan (as a result of a Customer request or change to the requirement set out by the Customer in the Letter of Appointment or otherwise) shall be subject to the variation procedure under Clause 2.2 and shall not be implemented until approved in writing by the Customer.
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Amendment and Revision of the ISMS and Security Management Plan. The ISMS and Security Management Plan will be fully reviewed and updated by the CONTRACTOR annually, or from time to time to reflect:
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Related to Amendment and Revision of the ISMS and Security Management Plan

  • Modifications to Loan Agreement 1 The Loan Agreement shall be amended by deleting the following text appearing as Section 7.9 (Subordinated Debt) thereof:

  • Amendment and Restatement; No Novation (a) This Agreement constitutes an amendment and restatement of the Existing Credit Agreement effective from and after the Restatement Effective Date. The execution and delivery of this Agreement shall not constitute a novation of any Indebtedness or other Obligations owing to the Lenders or the Administrative Agent under the Existing Credit Agreement based on facts or events occurring or existing prior to the execution and delivery of this Agreement. On the Restatement Effective Date, the credit facilities described in the Existing Credit Agreement shall be amended, supplemented, modified and restated in their entirety by the facilities described herein, all loans and other obligations of the Borrower outstanding as of such date under the Existing Credit Agreement shall be deemed to be Loans and Obligations outstanding under the corresponding facilities described herein, without any further action by any Person, and participations in Letters of Credit and Swing Line Loans shall be deemed to be reallocated as are necessary in order that the outstanding balance of such participations, together with any Loans funded on the Restatement Effective Date, reflect the respective Commitments of the Lenders hereunder. (b) In connection with the foregoing, by signing this Agreement, each Loan Party hereby confirms that notwithstanding the effectiveness of this Agreement and the transactions contemplated hereby (i) the Obligations of such Loan Party under this Agreement and the other Loan Documents are entitled to the benefits of the guarantees and the security interests set forth or created herein and in the Collateral Documents, (ii) each Guarantor hereby confirms and ratifies its continuing unconditional obligations as Guarantor with respect to all of the Guaranteed Obligations, (iii) each Loan Document to which such Loan Party is a party is, and shall continue to be, in full force and effect and is hereby ratified and confirmed in all respects and shall remain in full force and effect according to its terms and (iv) such Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to any Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Obligations.

  • Modifications to this Agreement This Agreement constitutes the entire understanding of the parties on the subjects covered. Employee expressly warrants that he or she is not accepting this Agreement in reliance on any promises, representations, or inducements other than those contained herein. Modifications to this Agreement or the Plan can be made only in an express written contract executed by a duly authorized officer of the Company.

  • Amendment, Etc Upon request of the Pass Through Trustee and approval by an Action of Investors, the Escrow Agent and Paying Agent shall enter into an amendment to this Agreement, so long as such amendment does not adversely affect the rights or obligations of the Escrow Agent or the Paying Agent, provided that upon request of the Pass Through Trustee and without any consent of the Investors, the Escrow Agent and Paying Agent shall enter into an amendment to this Agreement for any of the following purposes: (1) to correct or supplement any provision in this Agreement which may be defective or inconsistent with any other provision herein or to cure any ambiguity or correct any mistake or to modify any other provision with respect to matters or questions arising under this Agreement, provided that any such action shall not materially adversely affect the interests of the Investors; or (2) to comply with any requirement of the SEC, applicable law, rules or regulations of any exchange or quotation system on which the Certificates are listed or any regulatory body; or (3) to evidence and provide for the acceptance of appointment under this Agreement of a successor Escrow Agent, successor Paying Agent or successor Pass Through Trustee.

  • Amendments to this Sub-Advisory Agreement This Sub-Advisory Agreement may be amended only by a written instrument approved in writing by all parties hereto.