Common use of Service Provider Requirements Clause in Contracts

Service Provider Requirements. Without limiting the foregoing, Broker shall, as part of its security program, perform appropriate actions, including, but not limited to, overseeing its service providers, by: a. Taking reasonable steps to select and retain service providers that are capable of maintaining their own safeguards for Nonpublic Information that are no less stringent than the requirements set forth in these Security and Privacy Requirements; b. Requiring its service providers by contract to implement and maintain such safeguards; and c. Monitoring its service providers, including by periodic assessment, to confirm that they have satisfied their obligations to protect Nonpublic Information as required by these Security and Privacy Requirements.

Appears in 4 contracts

Sources: Brokerage Agreement, Brokerage Agreement, Brokerage Agreement

Service Provider Requirements. Without limiting the foregoing, Broker shall, as part of its information security program, perform appropriate actions, including, but not limited to, overseeing its service providersService Providers, by: a. Taking reasonable steps to select and retain service providers Service Providers that are capable of maintaining their own safeguards for Nonpublic Information that are no less stringent than the requirements set forth in these Security and Privacy Requirements; b. Requiring its service providers Service Providers by written contract to implement and maintain such safeguards; and c. Monitoring its service providersService Providers, including by periodic assessment, to confirm that they have satisfied their obligations to protect Nonpublic Information as required by these Security and Privacy Requirements.

Appears in 2 contracts

Sources: Security and Privacy Requirements for Brokers, Brokerage Agreement