Examples of BCP Plan in a sentence
BBH&Co. will conduct a test of significant components of its BCP Plan not less frequently than annually.
The Custodian will conduct a test of significant components of its BCP Plan not less frequently than annually.
Recovery time objectives for Events under Custodian’s BCP Plan vary depending on a number of factors, including but not limited to, the criticality of the impacted services and the nature, severity and circumstances of the Event, and range from zero to forty-eight (0-48) hours.
At the Corporation or Fund’s request, the Custodian will meet with the Fund, the Fund’s Chief Compliance Officer and/or the Fund’s Board on an annual basis to provide details about the BCP Plan and test results and to answer their respective questions about the same.
The Transfer Agent shall, upon reasonable request, provide a high-level presentation summarizing the BCP Plan and shall, upon reasonable request, discuss with senior management (including the board) of the Trust the BCP Plan and a summary of any testing thereof to demonstrate the BCP Plan is in accordance with the Standard of Care.
The Transfer Agent shall review the BCP Plan not less than once every twelve (12) months.
Without limiting the generality of the foregoing, the Transfer Agent agrees that upon the occurrence of a Force Majeure Event, it shall give written notice to the Trust, specifying the nature and extent of the effects of the Force Majeure event as soon as reasonably practicable after becoming aware of the Force Majeure Event and shall at all times use commercially reasonable efforts to mitigate the severity of the effects of the Force Majeure Event (including, if appropriate, implementing the BCP Plan).
At the Fund’s request, BBH&Co. will meet with the Fund on an annual basis to provide details about the BCP Plan and test results and to answer Fund’s questions about the same.
At Client's request, BBH&Co. will meet with the Client on an annual basis to provide details about the BCP Plan and test results and to answer Client's questions about the same.
Without prejudice to the provisions of Section 9.1.1 (Force Majeure) of this Agreement, BBH&Co. will maintain a business continuity plan that is reasonably designed for (but does not guarantee) the resumption of BBH&Co.’s provision of the services hereunder within forty-eight (48) hours following any event which prevents BBH&Co. from providing such services (the "BCP Plan").