Examples of Vendor Systems in a sentence
Upon notice from Bank, Vendor shall provide records for inspection and assist Bank, or its designated third party contractor, and/ or Reserve Bank of India and/ or its auditors, if required and advised by the Bank to Vendor, with access to and any assistance (including financial records, reports and supporting documentation) that they may require with respect to the Service Locations and the Vendor Systems for the purpose of performing audits or inspections of the Services.
The Vendor shall use physical and electronic security measures to protect TSP Systems, TSP Information and areas where work is undertaken or where Vendor Systems provide Access.
The Vendor shall ensure that all TSP Information, Contract Personnel, Vendor Systems and TSP Systems and networks used to fulfill the Purpose are logically and physically separated in a secure manner from all other information, personnel or networks created or maintained by the Vendor.
Notwithstanding the foregoing, if a public utility company that is operating in the Commonwealth of Virginia and has an investment grade credit rating with Moody’s and/or Standard and Poor’s enters into an agreement to acquire and/or lease the Project Site prior to or contemporaneously with the start of construction of the Project, no security shall be required to be issued for so long as the utility company owns the project and its credit rating remains at or above investment grade.
Several formal treatments of these ideas has been offered in the literature.