Common use of SECURITY COMMITMENTS Clause in Contracts

SECURITY COMMITMENTS. Each party shall take all reasonable steps to ensure that no unauthorized persons have access to Confidential Information, and to ensure that no persons authorized to have such access take any action which would be in violation of this Agreement. Such steps shall include, but shall not be limited to, imposing strong password restrictions on systems containing Confidential Information, securing networks through which Confidential Information will be accessed from outside intrusion, preventing the making of unauthorized copies of Confidential Information, and closely administering and monitoring use of Confidential Information.

Appears in 3 contracts

Sources: Backup and Successor Servicing Agreement (LendingClub Corp), Backup and Successor Servicing Agreement (LendingClub Corp), Backup and Servicing Agreement (LendingClub Corp)