BCMS definition
Examples of BCMS in a sentence
The amount paid or payable by a party as a result of the losses, damages, expenses, liabilities and claims referred to in this subsection shall be deemed to include any legal or other fees or expenses reasonably incurred by such party in connection with investigating, preparing to defend or defending any BCMS Proceeding.
The Company agrees promptly to notify the Underwriters of the commencement of any BCMS Proceeding against it and against any of the Company’s directors or officers.
The Company shall not be liable for any settlement of any BCMS Proceeding effected without its written consent but, if settled with its written consent, the Company agrees to indemnify and hold harmless the Indemnified Persons from and against any and all loss, damage, expense, liability or claim by reason of such settlement.
In no event shall the Company be liable for the expenses of more than one separate counsel (in addition to any local counsel) in any one BCMS Proceeding or series of related BCMS Proceedings in the same jurisdiction representing the Indemnified Persons who are parties to such BCMS Proceeding or BCMS Proceedings.
The Company will not, however, be responsible for any BCMS Claim that is determined by a court of competent jurisdiction in a judgment that has become final in that it is no longer subject to appeal or other review to have resulted solely from the gross negligence or willful misconduct of any Indemnified Person seeking indemnification for such BCMS Claim.
Lessons Learned ▇▇▇▇▇▇▇ runs a series of regular Business Continuity Checks to audit the BCMS to identify gaps, strengths and weak spots in our implementation.
This includes regular hardware testing to ensure that the BCMS is compatible with the system architecture.
BCMS shall submit a VAT invoice for the amount received by it from the Company within 14 days of receipt of each payment.
Two and a half (2.5) FTE (full-time equivalents) may be on vacation at the same time from BHS and BCMS.
Two and a half (2.5) FTE (full-time equivalents) may be on vacation at the same time from BHS and BCMS, however, these buildings are limited to one (1) FTE (full-time equivalent) being on vacation the week before school starts and the last week of school.