CMMC Sample Clauses
The CMMC clause establishes requirements for compliance with the Cybersecurity Maturity Model Certification (CMMC) framework. It typically mandates that contractors or vendors handling certain types of sensitive government data must achieve and maintain a specified CMMC level, which may involve regular assessments and implementation of cybersecurity controls. This clause ensures that organizations meet minimum cybersecurity standards, thereby protecting sensitive information and reducing the risk of data breaches in the supply chain.
CMMC. SERVICER: CMMC or any successor under this Agreement as herein provided.
CMMC. Chase Manhattan Mortgage Corporation, a New Jersey corporation, or its successor in interest.
CMMC. Chase Manhattan Mortgage Corporation, and its successors and assigns, in its capacity as Servicer of the CMMC Mortgage Loans.
CMMC. CMMC or any successor under this Agreement as herein provided.
CMMC. Chase Manhattan Mortgage Corporation, a Delaware corporation, and its successors and assigns.
CMMC. Chase Manhattan Mortgage Corporation, a New Jersey corporation, its successors and assigns. Code: The Internal Revenue Code of 1986, as amended.
CMMC expressly warrants that it has reviewed its financial situation and that it currently is solvent within the meaning of 11 U.S.C. §547(b)(3), and will remain solvent following its payment to the United States hereunder. Further, the Parties expressly warrant that, in evaluating whether to execute this Agreement, the Parties (i) have intended that the mutual promises, covenants and obligations set forth herein constitute a contemporaneous exchange for new value given to CMMC, within the meaning of 11 U.S.C. §547(c)(1), and (ii) have concluded that these mutual promises, covenants and obligations do, in fact, constitute such a contemporaneous exchange.
CMMC in its sole discretion, shall have the right to elect (by written notice sent to the Trustee) to purchase for its own account from the Trust Fund any Mortgage Loan that is 91 days or more Delinquent at a price equal to the Purchase Price. The Purchase Price for any Mortgage Loan purchased hereunder shall be delivered to the Trustee for deposit in the Collection Account and the Trustee, upon receipt of such deposit and a Request for Release from the Depositor in the form of Exhibit M hereto, shall release or cause to be released to the purchaser of such Mortgage Loan the related Mortgage File and shall execute and deliver such instruments of transfer or assignment prepared by the purchaser of such Mortgage Loan, in each case without recourse, as shall be necessary to vest in the purchaser of such Mortgage Loan any Mortgage Loan released pursuant hereto and the purchaser of such Mortgage Loan shall succeed to all the Trustee's right, title and interest in and to such Mortgage Loan and all security and documents related thereto. Such assignment shall be an assignment outright and not for security. The purchaser of such Mortgage Loan shall thereupon own such Mortgage Loan, and all security and documents, free of any further obligation to the Trustee or the Certificateholders with respect thereto. In addition, CMMC shall deliver to the Trustee a Request for Release to cause sales of Mortgage Loans more than 90 days Delinquent pursuant to Section 3.09.
CMMC. SERVICER: WMMSC, or any of its successors under this Agreement as herein provided.
CMMC. The United States Department of Defense (DoD) Office of the Under Secretary of Defense (OUSD) for Acquisition and Sustainment is implementing the Cybersecurity Maturity Model Certification (CMMC) as a verification framework to ensure appropriate cybersecurity practices and processes are in place for the protection of controlled unclassified information (CUI) that resides within the Department’s supply chain partners’ networks. DoD requires the CMMC certification by a third-party assessor to compete for most DoD contracts. By Fiscal Year 2026, nearly all new DoD contracts will include CMMC requirements. CMMC is intended to determine how mature an organization’s current cybersecurity initiatives are. This includes whether the organization has the capacity to not only maintain its security, but also to make it more efficient and better optimized. It also includes whether an organization is proactively or reactively managing its security, and how involved its security measures are. Rackspace is a certified CMMC Registered Provider Organization (RPO). Our team of CMMC experts provides consulting and enablement services to help DoD vendors achieve the mandatory CMMC certification. Rackspace helps DoD supply chain partners to implement and maintain CMMC-compliant environments to process, maintain, and store DoD data. Rackspace assists organizations at each stage of their CMMC certification journey- from planning to implementing continuous compliance. Other Products and Services Rackspace can execute our Cloud Readiness Assessment (CRA) to determine the best-fit cloud and migration plan for our customers. Rackspace has learned that not every workload is cloud ready. Our assessment process is designed to determine and prioritize which applications map to the cloud and to which provider – factoring in considerations of scalability, supportability, security, and cost. The objective of the cloud assessment process is to determine the viability and readiness of applications to be migrated to the cloud. One of the deliverables of the CRA includes a feasibility report of the scoped applications and recommendations on cost optimization, target cloud platform, maturity level, and application readiness scoring. Rackspace will advise if applications need to be retained, replaced, rehosted, replatformed, refactored, or retired before the move to the public cloud. Rackspace is skilled at assessing and determining the appropriate cloud, sizing, and tooling to support applicatio...