ABILITY AND CAPACITY Sample Clauses

ABILITY AND CAPACITY. The Processer guarantees that it has the necessary technical and organizational capacity, including technical solutions, skills, financial and personnel resources, routines and methods to be able to fulfill the obligations set forth in this DPA and the Data Protection Regulations. Upon the Controller’s request, the Processor shall provide relevant documentation, refer to relevant and approved Code of Conduct or certification, allow for and contribute to audits and inspections and/or provide other adequate evidence, to prove that the Processor fulfills the obligations in this DPA and the Data Protection Regulations. The Processor shall, without undue delay, make relevant information and documents necessary to demonstrate compliance with the obligations in this DPA or Data Protection Regulations available to the Controller and allow for effective audits, conducted by the Controller or another auditor mandated by the Controller, including giving access to the Processor’s premises and equipment for inspection. SECURITY AND CONFIDENTIALITY The Processer shall implement appropriate technical and organizational measures to ensure a level of security adequate given the risk that the Processing of Personal Data entails. The Processor shall only grant access to the Personal Data on a need to know basis to be able to fulfill the Processor’s obligations under this DPA. The Processer shall ensure that persons under the Processor’s authority has undertaken required training and received sufficient instructions to handle the Personal Data in an efficient and secure manner. The Processor shall process the Personal Data, where applicable, in accordance with Public Access to Information and Secrecy Act (2009:400) and in a confidential manner and ensure that persons under the Processor’s authority have committed themselves to an equivalent confidentiality undertaking or are under an appropriate statutory obligation of confidentiality. The Processor shall, without undue relay, and no later than forty eight (48) hours after having become aware, notify the Controller about the existence of or the risk of a Personal Data Incident. Such notification shall include all the necessary and available information for the Controller to be able to take appropriate preventive measures and countermeasures and to fulfill the obligations to notify the competent supervisory authority and/or the data subjects of a Personal Data Incident. The commitment in paragraph 6.2, shall remain in force ev...
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ABILITY AND CAPACITY. FFFC represents and warrants that: (a) it has all permits, approvals, personnel, professional experience, equipment, facilities, funds, and capacity to fully perform it obligations under this Agreement; and (b) that it will not use in any manner, employ, engage or utilize the services of any person who has been or is threatened with debarment under the United States’ Generic Drug Enforcement Act of 1992 or any equivalent law, rule, or regulation outside of the United States, or subject to any other comparable administrative, institutional or other sanction for misconduct.
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ABILITY AND CAPACITY. 5.1 The Processer guarantees that it has the necessary technical and organizational capacity, including technical solutions, skills, financial and personnel resources, routines and methods to be able to fulfill the obligations set forth in this DPA and the Data Protection Regulations.
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ABILITY AND CAPACITY. 5.1 The Processor guarantees that it has the necessary technical and organizational capacity, including technical solutions, skills, financial and personnel resources, routines and methods to be able to fulfill the obligations set forth in this DPA and the Data Protection Regulations.
Sample 1

Related to ABILITY AND CAPACITY

  • Authority and Capacity Contractor and Contractor’s signatory each warrant and represent that each has full authority and capacity to enter into this Contract.

  • Power and Capacity Each Shareholder has the power, authority and capacity to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes each Shareholders’s valid, legal and binding obligation and is enforceable against such Shareholder in accordance with its terms, subject, however, as to enforcement, to bankruptcy, insolvency, fraudulent transfer, moratorium and similar laws of general applicability relating to or affecting creditors’ rights; SUNO — Corporate Status and Capacity

  • Legal Capacity All parties to the Mortgage Note and the Mortgage had legal capacity to enter into the Mortgage Loan and to execute and deliver the Mortgage Note and the Mortgage, and the Mortgage Note and the Mortgage have been duly and properly executed by such parties. The Mortgagor is a natural person;

  • Experience, Financial Capability and Suitability Subscriber is: (i) sophisticated in financial matters and is able to evaluate the risks and benefits of the investment in the Shares and (ii) able to bear the economic risk of its investment in the Shares for an indefinite period of time because the Shares have not been registered under the Securities Act (as defined below) and therefore cannot be sold unless subsequently registered under the Securities Act or an exemption from such registration is available. Subscriber is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. Subscriber must bear the economic risk of this investment until the Shares are sold pursuant to: (i) an effective registration statement under the Securities Act or (ii) an exemption from registration available with respect to such sale. Subscriber is able to bear the economic risks of an investment in the Shares and to afford a complete loss of Subscriber’s investment in the Shares.

  • Financial Capacity Investor currently has the financial capacity to meet its obligations to the Company hereunder, and the Investor has no present knowledge of any circumstances which could cause it to become unable to meet such obligations in the future.

  • Financial Capability At Closing, the Investor will have available funds necessary to consummate the Closing on the terms and conditions contemplated by this Agreement and has the ability to bear the economic risks of its prospective investment in the Purchased Shares and can afford the complete loss of such investment.

  • Corporate Capacity The Acquirer has the corporate power, capacity and authority to enter into and complete this Agreement;

  • Individual Capacity The Administrative Agent and its Affiliates may make loans to, accept deposits from and generally engage in any kind of business with the Borrower and its Affiliates as though the Administrative Agent were not an Agent. With respect to the Loans made by it and all obligations owing to it, the Administrative Agent shall have the same rights and powers under this Agreement as any Lender and may exercise the same as though it were not an Agent, and the terms “Required Lenders”, “Lender” and “Lenders” shall include the Administrative Agent in its individual capacity.

  • Shareholder Capacity By executing and delivering this -------------------- Agreement, Shareholder makes no agreement or understanding herein in his capacity as a director or officer of the Company or any subsidiary of the Company. Shareholder signs solely in his capacity as the beneficial owner of Shareholder's Shares and nothing herein shall limit or affect any actions taken by Shareholder in his capacity as an officer or director of the Company or any subsidiary of the Company.

  • Fiduciary Capacity If Investor is purchasing the Shares in a fiduciary capacity for another person or entity, including without limitation a corporation, partnership, trust or any other entity, the Investor has been duly authorized and empowered to execute this Agreement and all other subscription documents. Upon request of the Company, Investor will provide true, complete and current copies of all relevant documents creating the Investor, authorizing its investment in the Company and/or evidencing the satisfaction of the foregoing.

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