Common use of Information Security Reviews Clause in Contracts

Information Security Reviews. The Contractor’s information security arrangements should be independently reviewed (audited) and reported to its management. The Contractor’s management are required to routinely review Personnel, Equipment, system’s compliance with security policies, procedures etc., and shall initiate and pursue all required corrective actions where necessary. 1. If any dispute arises out of or in connection with this agreement or the performance, validity or enforceability of it (“dispute”), then, subject to paragraph 2 below, and except as expressly provided in this contract, the parties shall follow the dispute resolution procedure set out below: a party shall give to the other written notice of the Dispute, setting out its nature and full particulars (“Dispute Notice”), together with relevant supporting documentation; on service of the Dispute Notice, the authorised representatives of each party shall, within 10 days of a written request from one party to the other, meet in a good faith effort to resolve the dispute; if the Supplier Manager and LU Manager are for any reason unable to resolve the Dispute within 30 days of service of the Dispute Notice, the Dispute shall be referred to the Chief Executive Officer/Managing Director of the Supplier (or if no such post exists, an individual with an equivalent level of authority) (“Senior Supplier Representative”) and the Vice Chancellor of LU who shall attempt in good faith to resolve it; if the Senior Supplier Representative and the Vice Chancellor of LU are for any reason unable to resolve the Dispute within 30 days of it being referred to them, the parties will attempt to settle the Dispute by mediation in accordance with the CEDR Model Mediation Procedure. Unless otherwise agreed between the parties, the mediator shall be nominated by CEDR. To initiate the mediation, a party must give notice in writing (“ADR notice”) to the other party requesting a mediation. A copy of the request shall be sent to CEDR Solve. The mediation shall start no later than 30 days after the date of the ADR notice. No party may commence any court proceedings in relation to any dispute arising out of this Agreement until it has attempted to settle the dispute by mediation, and either the mediation has terminated or the other party has failed to participate in the mediation, provided that the right to issue proceedings is not prejudiced by a delay. 2. If any technical dispute arises out of or in connection with this agreement (including interpretation of any specification), the parties shall follow the expert determination procedure set out below:‌

Appears in 1 contract

Sources: Terms and Conditions of Purchase of Services

Information Security Reviews. The Contractor’s information security arrangements should be independently reviewed (audited) and reported to its management. The Contractor’s management are required to routinely review Personnel, Equipment, system’s compliance with security policies, procedures etc., and shall initiate and pursue all required corrective actions where necessary. 1. If any dispute arises out of or in connection with this agreement the Contract or the performance, validity or enforceability of it (“disputeDispute”), then, subject to paragraph clause 2 below, and except as expressly provided in this contractAgreement, the parties shall follow the dispute resolution procedure set out below: : 1.1 a party shall give to the other written notice of the Dispute, setting out its nature and full particulars (“Dispute Notice”), together with relevant supporting documentation; ; 1.2 on service of the Dispute Notice, the authorised representatives Authorised Representatives of each party shall, within 10 days of a written request from one party to the other, meet in a good faith effort to resolve the dispute; ; 1.3 if the Supplier Manager and LU Manager Authorised Representatives are for any reason unable to resolve the Dispute within 30 days of service of the Dispute Notice, the Dispute shall be referred to the Chief Executive Officer/Managing Director of the Supplier (or if no such post exists, an individual with an equivalent level of authority) (“Senior Supplier Representative”) and the Vice Chancellor of LU the University who shall attempt in good faith to resolve it; ; 1.4 if the Senior Supplier Representative and the Vice Chancellor of LU the University are for any reason unable to resolve the Dispute within 30 days of it being referred to them, the parties will attempt to settle the Dispute by mediation in accordance with the CEDR Model Mediation Procedure. Unless otherwise agreed between the parties, the mediator shall be nominated by CEDR. To initiate the mediation, a party must give notice in writing (“ADR notice”) to the other party requesting a mediation. A copy of the request shall be sent to CEDR Solve. The mediation shall start no later than 30 days after the date of the ADR notice. No party may commence any court proceedings in relation to any dispute arising out of this Agreement until it has attempted to settle the dispute by mediation, and either the mediation has terminated or the other party has failed to participate in the mediation, provided that the right to issue proceedings is not prejudiced by a delay. 2. If any technical dispute arises out of or in connection with this agreement Agreement (including interpretation of any specification), the parties shall follow the expert determination procedure set out below:‌below: 2.1 Any technical dispute shall be referred for final settlement to an expert agreed by the parties or, if not agreed within 14 days of either party's written request to the other, as determined, at the written request of either party, by the {insert name of appropriate body]. Such expert shall be deemed to act as an expert and not as an arbitrator. The expert's decision shall, in the absence of manifest error, be final and binding on the parties. 2.2 The parties are entitled to make submissions to the expert including oral submissions and will provide (or procure that others provide) the expert with such assistance and documents as the expert reasonably requires for the purpose of reaching a decision. 2.3 Each party shall bear its own costs in relation to the reference to the expert. The expert's fees and any costs properly incurred by him in arriving at his determination (including any fees and costs of any advisers appointed by the expert) shall be borne by the parties equally or in such other proportions as the expert shall direct.

Appears in 1 contract

Sources: Terms and Conditions of Purchase of Goods