External Hosting Facilities Clause Samples

The External Hosting Facilities clause defines the terms under which a party may use third-party data centers or cloud services to host software, data, or services related to the agreement. It typically outlines requirements for security, compliance, and access controls that must be maintained by the external provider, and may specify notification or approval processes before such facilities are used. This clause ensures that both parties understand the responsibilities and standards associated with outsourcing hosting, thereby mitigating risks related to data security, privacy, and service reliability.
External Hosting Facilities. DST shall implement controls, consistent with applicable prevailing industry practices and standards, regarding the collection, use, storage and/or disclosure of Fund Data by an external hosting provider.
External Hosting Facilities. Transfer Agent shall implement controls, consistent with applicable prevailing industry practices and standards, regarding the collection, use, storage and/or disclosure of Fund Data by an external hosting provider.
External Hosting Facilities. State Street shall implement controls, consistent with applicable prevailing industry practices and standards, regarding the collection, use, storage and/or disclosure of Client Data by an external hosting provider.