Common use of Mitigation of Risk Clause in Contracts

Mitigation of Risk. (i) You have verified both the Google PKI CA Certificate and any other certificates in the certificate chain are valid, unexpired and not Revoked using the relevant CRL or OCSP. (ii) You will not use a Certificate if the Certificate is not valid, has expired or been Revoked. (iii) You will take all reasonable steps to minimize the risk associated with relying on a digital signature, including only relying on a Certificate after considering: (A) applicable law and the legal requirements for identification of a party, protection of the confidentiality or privacy of information, and enforceability of the transaction; (B) the intended use of the Certificate as listed in the Certificate or the CPS; (C) the data listed in the Certificate; (D) the economic value of the transaction or communication; (E) the potential loss or damage that would be caused by an erroneous identification or a loss of confidentiality or privacy of information in the application, transaction, or communication; (F) your previous course of dealing with the Subscriber; (G) your understanding of trade, including experience with computer-based methods of trade; and (H) any other indicia of reliability or unreliability pertaining to the Subscriber or the application, communication, or transaction.

Appears in 2 contracts

Sources: Relying Party Agreement, Relying Party Agreement