Supplier Security definition
Examples of Supplier Security in a sentence
This Purchase Order, together with any attachments, exhibits, manuals, or supplements specifically referenced herein, and any written, existing "Supplier Confidentiality Agreement" (a.k.a. "Supplier Agreement", "Supplier Security Agreement") or the like entered into between Buyer and Seller, constitutes the entire agreement between Seller and Buyer with respect to the matter it contains and supersedes all prior oral or written representations and agreements.
REC Supplier shall have the obligation, in such case, to meet Buyer’s performance assurances or alternatively post and maintain REC Supplier Security in an amount of 5% of the total notional dollar value of this Agreement.
Where Seller is a C-TPAT member Seller shall ensure that it has completed the Raytheon C-TPAT Foreign Supplier Security Self-Assessment Questionnaire and shall keep such Questionnaire updated.
REC Supplier shall have the right to replace such REC Supplier Security with a different REC Supplier Security in the required amount subject to the REC Supplier providing prior notification to Buyer describing such replacement and confirming that the replacement conforms to the requirements of this Agreement.
ATB consents to the creation and issuance by the Dealer to the Supplier of the Supplier Security and to the incurring by the Dealer of the indebtedness and obligations secured by it.
Existing Suppliers that complied with a previous version of the Supplier Security Addendum must review and adhere to instructions in this document as We may have included important updates/changes from previous versions.
To achieve security compliance, Suppliers and their subcontractors are wholly responsible for implementing all the security controls defined herein to protect the data they manage, host or process for any function or activity implemented on behalf of Us. This Supplier Security Addendum is not intended to be an all-inclusive list of security requirements.
During a contract review, a Supplier’s performance of Supplier Security Addendum requirements, the completion of non-compliant security controls plus the Supplier’s track record for prompt remediation ofvulnerabilities will be evaluated.
INFORMATION SECURITY PROGRAM Bank of America shall have the opportunity to evaluate the Supplier’s Information Security Program and Supplier Security Controls to ensure Supplier’s Compliance with the Section entitled “Confidentiality and Information Protection.” The Supplier’s Information Security Program (the “Program”) shall address the Bank Security Requirements described below.
Bank of America shall provide Supplier with the Service Provider Security Requirements document outlining such Bank Security Requirements and Supplier Security Controls which shall be deemed a part of Bank of America’s Confidential Information under this Agreement.