Global Processing definition
Examples of Global Processing in a sentence
The Parties further agree that Pega shall not receive any royalties for product licenses for Adjustments/Express or All Transaction File granted to First Union Bank, PNC Bank, Banc One Services, or Global Processing Services (Bank Development Partners) or for any licenses granted prior to March 20, 2001 which are listed in Schedule B attached hereto.
Global shall maintain appropriate safeguards and controls and exercise due diligence to protect Mercury Information and Global Processing Resources against unauthorized access, use, and/or disclosure.
All access to any Mercury Information or any Global Processing Resources shall be Identified and Authenticated as defined in this Section.
These processes shall be required for Global’s internal accounts for Global Processing Resources, as well as for Mercury’s accounts for accessing any Global Processing Resources, and shall include procedures for granting and revoking emergency access to Global Processing Resources.
Global shall maintain appropriate access control mechanisms to prevent all access to Global Processing Resources, except by Global personnel who have a “need to access” to perform a particular function in support of Global Processing.
For access to Mercury Information or Global Processing Resources, each party shall require *****.
Mercury shall maintain processes for authorizing and supervising its employees, temporary employees, and independent contractors and for monitoring access to Mercury Information, Mercury Information Systems and/or Global Processing Resources.
Each party shall ensure that its employees and contractors remain aware of industry standard security practices, and their respective responsibilities for protecting the Mercury Information and the Global Processing Resources.
Mercury shall maintain appropriate access control mechanisms to prevent all access to Global Processing Resources, except by Mercury personnel who have a “need to access” to perform a particular function in support of Global Processing.
In response to such events, Mercury shall take appropriate action to address and remediate identified vulnerabilities that could impact Global Information and Global Processing Resources.