Common use of Loss or Alteration Clause in Contracts

Loss or Alteration. Broadridge and Ridge will take commercially reasonable precautions to prevent the loss of or alteration of the Xxxxxx and Client files retained by Broadridge and Ridge which shall include commercially reasonable data back-up procedures. Xxxxxx and Client will keep copies of the source documents of the Xxxxxx and Client files delivered to Broadridge or Ridge and will maintain procedures external to the Broadridge and Ridge systems for the identification of such losses and for the reconstruction of lost or altered Xxxxxx and Client files, to the extent deemed necessary by Xxxxxx and Client.

Appears in 4 contracts

Samples: Master Services Agreement (Broadridge Financial Solutions, Inc.), Master Services Agreement (Penson Worldwide Inc), Master Services Agreement (Penson Worldwide Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.