Security Level; Additional Security Measures Clause Samples
The 'Security Level; Additional Security Measures' clause defines the minimum standards of security that must be maintained and outlines any extra protective steps required to safeguard sensitive information or systems. In practice, this clause may specify technical requirements such as encryption protocols, access controls, or regular security audits, and can mandate additional measures if the data handled is particularly sensitive or if regulatory requirements change. Its core function is to ensure that both parties understand and agree upon the necessary security obligations, thereby reducing the risk of data breaches and ensuring compliance with applicable laws or industry standards.
Security Level; Additional Security Measures. (a) Citi Parties and Banco de Chile Parties shall work together to ensure that, when providing Services, they are each able to maintain their current level (or, if greater, an industry standard level) of physical and electronic security during the Term (including data security and data privacy), and to address any new security related issues, including compliance with any applicable Law related to security and issues related to new technologies or threats.
(b) Any Party providing Services may take physical or information security measures that affect the manner in which Services are provided, so long as the substance or overall functionality of the affected Services is not materially altered by such measures; provided, that the Party receiving such Services shall be given reasonable, prior notice of any such physical or information security measures that are material.
Security Level; Additional Security Measures. (a) Seller Parties and Purchaser Parties shall work together to ensure that, when providing Services, they are each able to maintain their current level (or, if greater, an industry standard level) of physical and electronic security during the Term (including data security and data privacy), and to address any new security related issues, including compliance with Requirements of Law related to security and issues related to new technologies or threats.
(b) Any Party providing Services may take physical or information security measures that affect the manner in which Services are provided, so long as the substance or overall functionality of any affected Services remains the same as it was prior to the Effective Date; provided, that the Party receiving such Services shall be given reasonable, prior notice of any such physical or information security measures that are material.
Security Level; Additional Security Measures. (a) The Parties shall work together to ensure that, when providing Services, they are each able to maintain their current level of physical and electronic security during the Term.
(b) Any Provider may take physical or information security measures that affect the manner in which Services are provided, so long as the substance or overall functionality of any affected Services remains the same as it was prior to the Distribution Date; provided, that the Recipient shall be given reasonable, prior written notice of any such physical or information security measures that are material.
Security Level; Additional Security Measures. Tricadia shall, and shall cause its Affiliates to, use reasonable best efforts to cause any third-party service provider to, maintain their current level of physical and electronic security during the Term (including data security and data privacy).
Security Level; Additional Security Measures. Each of the Parties and its Affiliates may take physical or information security measures: (a) that affect the manner in which the Services are provided to maintain such Party's or its Affiliates' current level (or, if greater, an industry‑standard level) of physical and electronic security (including data security and data privacy) during the Term; and (b) that address any new security‑related issues, including compliance with applicable Laws related to security and issues related to new technologies or threats. Each of the Parties shall provide the other Parties reasonable, prior written notice of any such physical or information security measures that are material to such Party's delivery of the Services. Each of the Parties shall, at a requesting Party's cost and expense, provide all assistance reasonably requested by such Party or its Affiliates in connection with such security measures.
Security Level; Additional Security Measures. (a) KCG shall at all times during the Term maintain a level of physical and electronic security (including data security and data privacy) in its Provision of the Services that it Provides, consistent with that of market practice for similar businesses and sufficient to at the least comply with applicable Law, and shall use commercially reasonable efforts promptly address any new security related issues, including compliance with applicable Law related to security and issues related to new technologies or threats.
(b) KCG may take physical or information security measures that affect the manner in which Services are Provided, provided that the substance and overall delivery of any affected Services are not materially and adversely effected and otherwise complies with this Agreement; and KCG will give BATS reasonable, prior notice of any such physical or information security measures that are material.
Security Level; Additional Security Measures. Seller may take reasonable physical or information security measures that (a) affect the manner in which Services are provided to maintain its current level (or, if greater, an industry-standard level) of physical and electronic security during the Term, and (b) address any new security-related issues, including compliance with Applicable Law related to security and issues related to new technologies or threats, so long as, in each case, the substance or overall functionality of any affected Services remains reasonably comparable to such substance and overall functionality as in effect prior to the Effective Date. Seller shall provide the Service Recipient reasonable, prior written notice of any such physical or information security measures that are material to Seller’s delivery of the Services. The Service Recipient shall provide all assistance reasonably requested by Seller in connection with such security measures.
Security Level; Additional Security Measures. Seller or any Seller Affiliate may, from time to time, implement such new information security measures with respect to the Services as Seller or such Seller Affiliate, in their sole discretion, deem necessary or appropriate, including measures that may (a) affect the manner in which the Services are provided or (b) address new security-related issues, including compliance with applicable Laws related to security and issues in connection with new technologies or threats. Buyer and the Acquired Entities shall, and shall cause their Affiliates to, and shall use commercially reasonable efforts to cause their respective Representatives to, provide, all assistance reasonably requested by Seller or such Seller Affiliate in connection with such security measures; provided, that Buyer shall not be required to incur any additional costs or pay any increased Services Fees.
Security Level; Additional Security Measures. Service Provider shall, and shall cause its Affiliates to, use reasonable best efforts to cause any third-party service provider to, maintain their current level of physical and electronic security during the Term (including data security and data privacy).
Security Level; Additional Security Measures. (a) The Parties shall work together and will render such reasonable access for review as necessary, to ensure that, when providing Services, they are each able to maintain their current level of physical and electronic security during the Term.
(b) Any Provider may take physical or information security measures that affect the manner in which Services are provided, so long as the substance or overall functionality of any affected Services remains the same as it was prior to the Distribution Date; provided, that the Recipient shall be given reasonable, prior written notice of any such physical or information security measures that are material.
(c) The Parties acknowledge that following the Spin-Off, AdvanSix will develop an enterprise resource planning (“ERP”) system separate from and independent of Honeywell’s SAP ERP system (“AdvanSix’s ERP System”).
(i) If AdvanSix decides to use SAP as its ERP system, the Parties agree to install security controls during implementation to prevent access to the other Party’s confidential information, and each shall have the option of permitting a one-time audit, at the expense of the other Party requesting the audit, by an independent consultant identified and selected by the other Party and reasonably acceptable to the audited Party to confirm that the controls are in place, functioning appropriately, and that the Party audited is otherwise in compliance with the terms of this paragraph. The security controls shall be proposed by AdvanSix and Honeywell in collaboration, and shall be reasonably agreed to by both Parties prior to implementation on Honeywell’s SAP and AdvanSix’s ERP Systems. No later than 30 days prior to operationalization of AdvanSix’s ERP system, both Parties shall permanently delete from their respective Systems and destroy all confidential information pertaining to the other Party, including any digital media including such information, and, at the request and option of the other Party, provide evidence reasonably satisfactory to the other Party that such deletion and destruction has occurred and/or allow another one-time audit by an independent consultant identified and selected by the other Party, at the cost of the other Party requesting the audit, and reasonably acceptable to the audited Party to confirm such deletion and destruction has occurred.
(ii) If AdvanSix decides to use an ERP system other than SAP, the requirements provided in (i), supra, shall apply. In addition, AdvanSix shall identif...