Level of Trust or Trust Score Sample Clauses

Level of Trust or Trust Score. Despite trust is a human subjective concept, it is being used in IT scenarios since many years ago using certain type of organizations usually called authorities. For these authorities to work, the other players (i.e., users, providers, operators, etc.) need to accept them. This relationship model has been working and it worked until nowadays due to the fact that up until now, there were few players and they knew each other. With the future networks models in which the number of players will increase with new and many more players (i.e., operators, providers, certification authorities, etc.), it becomes necessary to have a common way to understand whether a player can be trustworthy or not, based only on statistics and objective data. Several approaches can be mapped to define a generic Trust Score (TS) or Level of Trust (LoT), according to the scope of the requirements. There are several technical reports and standard entities defining how trust should be managed and generated among entities such as the ETSI Security and Trust guide for NFV [8], the CSA catalogue [13], the ISO 27000 standards [21], etc. Specifically, ETSI in [8] describes the fact the trust depends on multiple aspects and pieces of information such as geographical location, date, software capabilities, etc. but the most important aspect is time. When relations (between people, entities, players, etc.) are not checked continuously over time, trust will gradually decrease. For this reason, it is commonly accepted that trust needs to be re-evaluated and this re-evaluation should depend on multiple requirements such as confidentiality, intrusion resistance, integrity, security/vulnerability/risk assessments, resiliency, availability and others. To do so, the use of security functions (i.e., access control, certificates, encryption protocols, security/monitoring functions, resiliency mechanisms, etc.) will be of the most absolute importance and in order to monitor them, a set of associated metrics with a Service level Objective (SLO) are necessary. These metrics may be defined on a very high-level point of view such as the scale inspired by XXXX (i.e., Xxxxx, Could, Must have, et.) or in a more detailed vision as presented in [13]. In any of the two cases, the usage of the full set of metrics probably involves the deployment of several enablers, each of them measuring a sub-set of the metrics. For this reason, a Trust Manager might be the key element to join all the measured metrics. Based on ...
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Related to Level of Trust or Trust Score

  • Termination of Trust Agreement Section 9.01.

  • Duties of Trustee (a) If an Event of Default has occurred and is continuing, the Trustee will exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.

  • Termination of Trust Section 9.01

  • Classes of Trust Fund Certificates The Trust Fund Certificates authorized by this Trust Agreement shall be divided into the Classes listed on the cover of the Prospectus Supplement (other than the Class 46-RL Certificate), which Classes shall have the Class designations, original Class Balances, Interest Rates and Final Distribution Dates specified in the Prospectus Supplement.

  • Application of Trust Funds (a) On each Payment Date, the Paying Agent will distribute to Certificateholders, on the basis of the Percentage Interest evidenced by their Trust Certificates, amounts deposited in the Certificate Distribution Account pursuant to Section 4.06 of the Sale and Servicing Agreement with respect to such Payment Date.

  • Compensation of Trustee Any individual Trustee serving hereunder shall be entitled to: (Choose One) ☐ - No compensation whatsoever. ☐ - Be paid a reasonable fee from the Trust Estate based on the amount of time expended by such Trustee in carrying out his or her duties hereunder. Any corporate Trustee shall be entitled to be paid a fee based upon its fee schedule from time to time that is required to be published.

  • Declaration of Trust The Owner Trustee hereby declares that it will hold the Owner Trust Estate in trust upon and subject to the conditions set forth herein for the use and benefit of the Certificateholders, subject to the obligations of the Trust under the Basic Documents. It is the intention of the parties hereto that the Trust constitute a statutory trust under the Statutory Trust Act and that this Agreement constitute the governing instrument of such statutory trust. The Trust is not intended to be a business trust within the meaning of Section 101(9)(A)(v) of the Bankruptcy Code. It is also the intention of the parties hereto that, solely for Federal, state and local income and franchise tax purposes, on and after the Closing Date, (a) so long as the Trust has only one Certificateholder, the Trust shall be disregarded as a separate entity and (b) at such time as the Trust has more than one Certificateholder, the Trust will be treated as a partnership, with the assets of the partnership being the Receivables and other assets held by the Trust, the partners of the partnership being the Certificateholders, and the Notes being non-recourse debt of the partnership. The Depositor (and any future Certificateholder by the purchase of the Trust Certificate will be deemed to have agreed) and the Owner Trustee agree to take no action inconsistent with such tax treatment. The Trust shall not elect to be treated as an association under Treasury Regulations Section 301.7701-3(a). The parties agree that, unless otherwise required by appropriate tax authorities, the sole Certificateholder or the Trust, as applicable, will file or cause to be filed annual or other necessary returns, reports and other forms consistent with the foregoing characterization of the Trust for such tax purposes. Effective as of the date hereof, the Owner Trustee, shall have all rights, powers and duties set forth herein and, to the extent not inconsistent herewith, in the Statutory Trust Act with respect to accomplishing the purposes of the Trust. Any action taken on behalf of the Trust prior to the date hereof with respect to the filing of financing statements, the Certificate of Trust, a qualification to do business in the State of Alabama or any other similar qualification or license in any other state or jurisdiction, if applicable, is hereby ratified.

  • Resignation of Trustee Any Trustee hereunder may resign by a notice in writing delivered to the Grantor, if the Grantor is then living, and, after the Grantor’s death, to all current Beneficiaries of the Trust.

  • Replacement of Trustee A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee's acceptance of appointment as provided in this Section. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the Company. The Holders of Notes of a majority in principal amount of the then outstanding Notes may remove the Trustee by so notifying the Trustee and the Company in writing. The Company may remove the Trustee if:

  • Removal of Trustee The Trustee may be removed at any time, by an instrument or concurrent instruments in writing delivered (a) to the Trustee and to the Issuer and the Company, and signed by the owners of a majority in aggregate principal amount of Bonds then Outstanding, or (b) to the Trustee and the owners of all Bonds then Outstanding, and signed by the Issuer and the Company.

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