Common use of Disaster Recovery and Business Continuity Clause in Contracts

Disaster Recovery and Business Continuity. The Custodian will implement and maintain reasonable disaster recovery and business continuity procedures that are reasonably designed to recover data processing systems, data communications facilities, information, data and other business related functions of the Custodian in a manner and time frame consistent with legal, regulatory and business requirements applicable to the Custodian in its provision of services hereunder.

Appears in 11 contracts

Samples: Custodian Agreement (FS Investment Corp IV), Custodian Agreement (FS Investment Corp IV), Custody Agreement (Terra Income Fund 6, Inc.)

AutoNDA by SimpleDocs

Disaster Recovery and Business Continuity. The Custodian will implement and maintain commercially reasonable disaster recovery and business continuity procedures that are reasonably designed to recover data processing systems, data communications facilities, information, data and other business related functions of the Custodian in a manner and time frame consistent with legal, regulatory and business requirements applicable to the Custodian in its provision of services hereunder.

Appears in 2 contracts

Samples: Custodian Agreement (KKR FS Income Trust Select), Custodian Agreement (KKR FS Income Trust)

Disaster Recovery and Business Continuity. The Custodian will shall implement and maintain reasonable disaster recovery and business continuity procedures that are reasonably designed to recover data processing systems, data communications facilities, information, data and other business related functions of the Custodian in a manner and time frame consistent with legal, regulatory and business requirements applicable to the Custodian in its provision of services hereunder. In the event of any disaster which causes a business interruption, the Custodian shall act in accordance with its Standard of Care and take reasonable steps to minimize service interruptions.

Appears in 2 contracts

Samples: Master Custodian Agreement (VanEck Ethereum Trust), Master Custodian Agreement (VanEck Bitcoin Trust)

Disaster Recovery and Business Continuity. The Custodian will implement and maintain reasonable disaster recovery and business continuity procedures that are reasonably designed to recover data processing systems, data communications facilities, information, data and other business related functions of the Custodian in a manner and time frame consistent with legal, regulatory and business requirements applicable to the Custodian in its provision of services hereunder.:

Appears in 1 contract

Samples: Custody Agreement (BUSINESS DEVELOPMENT Corp OF AMERICA II)

AutoNDA by SimpleDocs

Disaster Recovery and Business Continuity. The Custodian will shall implement and maintain reasonable disaster recovery and business continuity procedures that are reasonably designed to recover data processing systems, data communications facilities, information, data and other business related functions of the Custodian in a manner and time frame consistent with legal, regulatory and business requirements applicable to the Custodian in its provision of services hereunder. In the event of any disaster which causes a business interruption, the Custodian shall act in good faith and take reasonable steps to minimize service interruptions.

Appears in 1 contract

Samples: Custodian Agreement (HMS Income Fund, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!