Common use of Compromised Security Clause in Contracts

Compromised Security. You agree to notify, and to cause your Authorized Signatories to notify, us by telephone or in writing as soon as possible, but in any event, within 24 hours of learning that the confidentiality of a Secret Code has been compromised by any means. This 24-hour time period will not apply if there are exceptional circumstances beyond your reasonable control which preventing you from notifying us within such 24-hour time period, provided that you notify us as soon as possible in the circumstances.