Business Data definition
Examples of Business Data in a sentence
The Seller Parties have at all times since the beginning of the Lookback Period implemented, maintained, and monitored reasonable and appropriate plans, policies, and measures (including with respect to technical, administrative, and physical security) designed to preserve and protect the confidentiality, availability, security, and integrity of all Systems and Business Data included within the Transferred Assets.
During the Lookback Period, there has been no material breach or security incident, or material successful ransomware, denial of access, or denial of service attack, hacking, or similar material security-related event with respect to any Systems or Business Data included within the Transferred Assets, nor any material accidental, unlawful, or unauthorized access to, or other Processing of Business Data included within the Transferred Assets (each, a “Security Incident”).
The Seller Parties have remediated all material privacy, data protection, and security gaps and vulnerabilities related to the Systems and Business Data included within the Transferred Assets identified by or to any Seller Party, including in any review or assessment conducted by or for the Seller Parties.
The Seller Parties have implemented and maintained reasonable and appropriate disaster recovery and business continuity plans, procedures and facilities for the Business and all Systems and Business Data included within the Transferred Assets.
The Seller Parties and, to the Knowledge of the Seller, all third Persons acting on behalf of the Seller Parties that have access to or otherwise Process Personal Information and Business Data, comply, and during the Lookback Period, have complied, with all Data Processing Obligations.