Discovers definition

Discovers. : shall mean the first day on which a use or disclosure of Personal Information not permitted under the Contract, Breach or Security Incident is known to Contractor (including any person, other than the individual committing the Breach, that is an employee, officer, or other agent of Contractor), or should reasonably have been known to Contractor, to have occurred.
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Discovers. , “Discovery” or “Discovered” means the time when the Company’s General Counsel, any Employee of the Risk Management Department or Human Resources Department, or any Employee or officer at the level of corporate Vice President or above first becomes aware of facts which would cause a reasonable person to assume that a loss of a type covered by this Coverage Section has been or will be incurred, regardless of when the act or acts causing or contributing to such loss occurred, even though the exact amount or details of loss may not then be known.
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Discovers means Processor actually knows of a Security Incident or, by exercising reasonable diligence, would have known of the Security Incident.
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Examples of Discovers in a sentence

  • Contractor and Subcontractor assure HHS that any Breach as defined by the DUA that Subcontractor Discovers shall be reported to HHS by Contractor in the time, manner and content required by the DUA.

  • Notify Contractor in accordance with Section 4.01 of a Breach of Confidential Information that the person Discovers or should have Discovered with the exercise of reasonable diligence.

  • Merchant waives and will hold harmless Servicer from any claims that Merchant may raise as a result of Servicer’s MATCH file reporting, or Discover's CMNF reporting.

  • CONTRACTOR and SUBCONTRACTOR assure HHS that any Breach or Event as defined by the DUA that SUBCONTRACTOR Discovers will be reported to HHS by CONTRACTOR in the time, manner and content required by the DUA.

  • If the Seller is notified, Discovers or Suspects that the Goods or Services delivered are not compliant to the terms of the Purchase Contract.

  • Any adjustments and/or payments which must be made as a result of any such audit or inspection of the Supplier’s invoices and/or records, will be made within 60 (sixty) days from presentation of the Customer’s audit findings to the Supplier; and/or Discovers substantive findings related to fraud, misrepresentation, or non‐performance, the Customer may recoup the costs of the audit work from the Supplier.

  • The Customer may further summarily terminate the Agreement; and/or Discovers breaches or vulnerabilities of the Supplier’s business continuity, security and privacy policies and procedures, the Supplier will implement such controls as the Customer reasonably require to mitigate against information security risks that may arise from the identified vulnerabilities in the Supplier’s systems.

  • Merchant waives and will hold harmless Bank from any claims that Merchant may raise as a result of Bank’s MATCH file reporting or Discover's CMNF reporting.

  • If, at any time during the term of this Common Agreement, Signatory Discovers that it fails to meet the foregoing eligibility criteria or any additional requirements set forth in the applicable SOP(s), Signatory shall immediately notify the RCE.

  • If the Seller is notified, Discovers or Suspects that the Goods or Services delivered are not complia nt to the terms of the Purchase Contract.