Common use of System Outages Clause in Contracts

System Outages. In the event of unavailability of systems, e.g. Prequel, Oracle, the Coverholder will continue to match cash balances using templates maintained in EUC solutions and bank records. The Coverholder will enter the data maintained off-system during the outage into the relevant system within one month of the service being restored.

Appears in 3 contracts

Sources: Binder Agreement (Fidelis Insurance Holdings LTD), Binder Agreement (Fidelis Insurance Holdings LTD), Binder Agreement (Fidelis Insurance Holdings LTD)