System Shutdown Sample Clauses

The System Shutdown clause defines the procedures and responsibilities related to the intentional or unplanned cessation of a system’s operations. It typically outlines the conditions under which a system may be shut down, the parties authorized to initiate the shutdown, and the steps required to ensure data integrity and security during the process. This clause is essential for minimizing operational disruptions and protecting sensitive information, thereby ensuring that all parties understand their roles and the protocol to follow in the event of a system shutdown.
System Shutdown. Service Provider shall have the right to shut down temporarily for maintenance or similar purposes the operation of any facilities or systems providing any Service whenever in Service Provider’s reasonable judgment such action is necessary or advisable for general maintenance or emergency purposes; provided that without limiting the immediately following sentence, Service Provider will schedule non-emergency general maintenance impacting the Services so as not to materially disrupt the operation of the HPC Services Business Segment or the Digital Assets Business, as applicable, by Service Recipient. To the extent possible, such shutdowns shall occur during non-business hours. Service Provider will use Commercially Reasonable Efforts to provide Service Recipient advance notice of any shut down for general maintenance purposes or other planned shutdown.

Related to System Shutdown

  • Downtime Each of Zero Hash and ZHLS uses commercially reasonable efforts to provide the Services in a reliable and secure manner. From time to time, interruptions, errors, delays, or other deficiencies in providing the Services may occur due to a variety of factors, some of which are outside of Zero Hash’s and/or ZHLS’ control, and some which may require or result in scheduled maintenance or unscheduled downtime of the Services (collectively, “Downtime”). You understand and acknowledge that part or all of the Services may be unavailable during any such period of Downtime, and you acknowledge that Zero Hash and ZHLS are not liable or responsible to you for any inconvenience or losses to you as a result of Downtime. Following Downtime, you further understand and acknowledge that the prevailing market prices of cryptocurrency may differ significantly from the prices prior to such Downtime.