Stored Records definition
Examples of Stored Records in a sentence
The Party that maintains the Records Facility where Stored Records are held is referred to as the “Custodial Party” and the Party that owns the Stored Records held in the other Party’s Records Facility is referred to as the “Non-Custodial Party”.
Each Party agrees, with respect to the Stored Records as to which it is the Custodial Party, to notify the Non-Custodial Party in the event of a data loss or cyber event that affects the Stored Records of the Non-Custodial Party.
The Non-Custodial Party agrees to reimburse the Custodial Party for the reasonable costs, if any, of creating, gathering, redacting (where required), copying, storing, transporting and otherwise complying with the request to provide or make available such Stored Records (including any reasonable costs and expenses incurred in connection with the restoration of backup media for purposes of providing the requested Stored Records).
Location of Stored Records Consultant shall ensure that all records relevant to this Agreement are stored only at locations or on servers or remote databases (cloud) that are within the legal jurisdiction of the United States.
Upon the termination of any “Litigation Hold” related to Stored Records, the Non-Custodial Party shall promptly notify the Custodial Party so that the Custodial Party can destroy the relevant Stored Records where appropriate.
The Custodial Party shall make such Stored Records available to the Non-Custodial Party upon its request.
Upon the termination of any “Litigation Hold” related to Stored Records, the Non-Custodial shall promptly notify the Custodial Party so that the Custodial Party can destroy the relevant Stored Records where appropriate.
The Receivership Estates shall continue to bear 100% of the storage cost for Existing Stored Records, shall be entitled to transfer into its own name the account responsibility for the Existing Stored Records, and shall provide reasonable access to the other parties to inspect or copy any such Existing Stored Records (subject to Section 4 below with respect to Records as to which a privilege is asserted).
To the extent that ▇▇▇▇▇▇, ▇▇▇▇▇ or the Receivership Estates elect to relocate Records (other than Records moved to Texas by the Receivership Estates prior to the date of this Agreement with the knowledge of ▇▇▇▇▇▇) or Existing Stored Records outside of the State of Alabama, the party electing to relocate such documents shall give the other parties at least 30 days prior written notice of the details of the proposed relocation.
The Receivership Estates shall also be entitled to relocate the Existing Stored Records to such other locations as the Receivership Estates may elect, but with notice to ▇▇▇▇▇▇ and Vesta of each such location, and abandon and destroy such records subject to prior written notice to the Debtors and order of a court of competent jurisdiction.