Business Continuity

Third Parties are expected to manage business continuity risk and ensure the availability and continuity of critical services. Depending on the relevant applicability and nature of their respective businesses, Third Parties should have plans in place for their business and services to continue with minimal interruption in the event of an emergency, crisis situation, weather or other natural disaster, pandemic or epidemic, terrorist/security related event, strikes, labor or other resource constraints, system and/or facilities outage or unavailability, power outage, and/or telecommunication outage or unavailability, so as to ensure that there will be no significant disruption.