Common use of Information Security Procedures Clause in Contracts

Information Security Procedures. These procedures are in addition to the requirements of the Agreement and present a minimum standard only. However, it is Transfer Agent’s sole obligation to (i) implement appropriate measures to secure its systems and data, including Portfolio Confidential Information, internal and external threats and risks; and (ii) continuously review and revise those measures to address ongoing threats and risks. Failure to comply with the minimum standards set forth in this Schedule will constitute a material, non-curable breach of the Agreement by Transfer Agent, entitling the Trust, in addition to and cumulative of all other remedies available to it at law, in equity, or under the Agreement, to immediately terminate the Agreement. Unless specifically defined in this Schedule, capitalized terms shall have the meanings set forth in the Agreement.