MRBD definition
Examples of MRBD in a sentence
MRBD shall maintain appropriate technical and organizational measures for protection of the security (including protection against unauthorized or unlawful Processing and against accidental or unlawful destruction, loss or alteration or damage, unauthorized disclosure of, or access to, Customer Data), confidentiality and integrity of Customer Data.
The Customer that is the contracting party to the Agreement shall remain responsible for coordinating all communication with MRBD under this DPA and be entitled to make and receive any communication in relation to this DPA on behalf of its Authorized Affiliates.
MRBD will pay invoices within a period of 30 days from the date of issue.
MRBD maintains security incident management policies and procedures and shall notify Customer without undue delay after becoming aware of the accidental or unlawful destruction, loss, alteration, unauthorized disclosure of, or access to Customer Data, including Personal Data, transmitted, stored or otherwise Processed by MRBD or its Sub-processors of which MRBD becomes aware (a “Customer Data Incident”).
MRBD shall ensure that such confidentiality obligations survive the termination of the personnel engagement.
MRBD shall make reasonable efforts to identify the cause of such Customer Data Incident and take those steps as MRBD deems necessary and reasonable in order to remediate the cause of such a Customer Data Incident to the extent the remediation is within MRBD’s reasonable control.
Each party’s and all of its Affiliates’ liability, taken together in the aggregate, arising out of or related to this DPA, and all DPAs between Authorized Affiliates and MRBD, whether in contract, tort or under any other theory of liability, is subject to the ‘Limitation of Liability’ section of the Agreement, and any reference in such section to the liability of a party means the aggregate liability of that party and all of its Affiliates under the Agreement and all DPAs together.
The parties acknowledge and agree that with regard to the Processing of Personal Data, Customer is the Controller, MRBD is the Processor and that MRBD will engage Sub-processors pursuant to the requirements set forth in Section 4 “Sub- processors” below.
By 1st May or next available working day, each year CBC shall provide to MRBD with an Annual Budget Report.
MRBD shall ensure that MRBD’s access to Personal Data is limited to those personnel performing Services in accordance with the Agreement.