SAVVIS Clause Samples
The 'Savvis' clause typically refers to provisions related to the use of third-party data centers or hosting services, often referencing the company Savvis (now part of Lumen Technologies) as a service provider. This clause outlines the responsibilities, service levels, and security requirements when a party's data or applications are hosted by Savvis or a similar provider. For example, it may specify uptime guarantees, data protection measures, and procedures for handling outages or breaches. The core function of this clause is to ensure that both parties understand the standards and expectations for outsourced IT infrastructure, thereby allocating risk and clarifying operational responsibilities.
SAVVIS. Inc. shall procure that each set of financial statements delivered pursuant to Clause 23.2 for SAVVIS, Inc. is prepared using US GAAP.
SAVVIS. INC. a Delaware Corporation (“Guarantor”); and
SAVVIS shall provide You 1 dedicated 10 Mbps Ethernet connection(s) to the Internet through SAVVIS' network from SAVVIS' closest Point of Presence (POP) (the "connection"). You shall pay SAVVIS the sum of $ 5100.00 per --------- month for the Connection plus a one time installation fee of $5000.00. -------- SAVVIS will order and, configure an access device (the "Equipment") to be located at Your premises which Equipment will route traffic between the local loop and Your local Ethernet. You will receive from SAVVIS the requirements necessary to provide You with the Connection, which shall include, but not be limited to, Equipment configuration information, local loop information, Equipment telephone line information and the demarcation point (the "Requirements") and the date on which the Requirements must be fulfilled. The Ethernet port on the Equipment is the demarcation point. You acknowledge that You have received a Product Specification Sheet relating the Connection.