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4.6 SR 12-02-2024
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4.6 SR 12-02-2024
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(a)LIV reasonably determines that (i)there is a threat or attack on any of <br />the LIV IP;(ii)Client ’s or any Authorized User ’s use of the LIV IP disrupts or poses a security risk <br />to the LIV IP or to any other customer or vendor of LIV;(iii)Client,or any Authorized User,is <br />using the LIV IP for fraudulent or illegal activities;(iv)subject to Law,Client has ceased to <br />continue its business in the ordinary course,made an assignment for the benefit of creditors or <br />similar disposition of its assets,or become the subject of any bankruptcy,reorganization, <br />liquidation,dissolution,or similar proceeding;or (v)LIV’s provision of Vault to Client or any <br />Authorized User is prohibited by Law;or <br />MASTER SERVICES AGREEMENT -6 <br />56428.0002.14325562.1 <br />(b)Any vendor of LIV has suspended or terminated LIV’s access to or use <br />of any third-party services or products required to enable Client to access Vault;(any such <br />suspension described in subsections 6.2.8(a)and 6.2.8(b),a “Service Suspension”). <br />LIV will use commercially reasonable efforts to provide written notice of any Service Suspension <br />to Client and to provide updates regarding resumption of access to Vault following any Service <br />Suspension.LIV will use commercially reasonable efforts to resume providing access to Vault as <br />soon as reasonably possible after the event giving rise to the Service Suspension is cured.LIV will <br />have no liability for any damages,liabilities,losses (including any loss of data or profits),or any <br />other consequences that Client or any Authorized User may incur as a result of a Service <br />Suspension. <br />6.2.9 Aggregated Statistics.Notwithstanding anything to the contrary in this <br />Agreement,LIV may monitor Client ’s use of Vault and collect and compile Aggregated Statistics. <br />As between LIV and Client,all right,title,and interest in Aggregated Statistics,and all intellectual <br />property rights therein,belong to and are retained solely by LIV.Client acknowledges that LIV <br />may compile Aggregated Statistics based on Client Data input into Vault.LIV may (i)make <br />Aggregated Statistics publicly available in compliance with applicable Law,and (ii)use <br />Aggregated Statistics to the extent and in the manner permitted by Law;provided that such <br />Aggregated Statistics do not identify Client or Client ’s Confidential Information. <br />6.2.10 LIV Responsibilities and Uptime.LIV is responsible for the acquisition and <br />operation of all hardware,software,and network support related to Vault (other than those <br />required for Client to connect to the internet and access Vault).The technical and professional <br />activities required for establishing,managing,and maintaining the Vault environment are LIV ’s <br />responsibilities.LIV will take all reasonable and necessary steps to make Vault,but does not <br />guarantee that Vault will be,available 24-7/365 (subject to maintenance downtime). <br />6.3 Equitable Relief.Any breach or threatened breach by Client of any of its obligations <br />under Section 6.2.5 would cause LIV irreparable harm for which monetary damages would not <br />be an adequate remedy.As such,in the event of a breach or threatened breach of Client’s <br />obligations under Section 6.2.5,LIV will be entitled to equitable relief,including a restraining <br />order,an injunction,specific performance,and any other relief that may be available from any <br />Page 126 of 211
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