4.25 BCA undertakes to customer data (including without limitation KYC and personal and sensitive personal information of customers of PPBL) as confidential, all the records, information, data which comes to their knowledge in the normal course of day to day business, terms and conditions of PPBL and of this Agreement. BCA shall not disclose, divulge the same to any third party otherwise than for the specific purpose authorized by PPBL even after termination of this Agreement. 4.26 BCA shall not undertake any offline transactions. 4.27 Business Continuity and Management of Disaster Recovery Plan: BCA will be required to develop and establish a robust framework for documentations, maintaining and testing business continuity and recovery procedures and ensure that BCA periodically the plan and may also consider occasional joint testing and recovery exercises with BC. 4.28 In the event of breach of prudential laws, BCA may be penalized or black listed and MEPL reserves the right to initiate appropriate legal actions/measures against the BCA. 5. Effect of Termination of this Agreement: 5.1. This Agreement can be terminated by MEPL by giving 30 days written notice without assigning any reason. For fraud, misrepresentation of for any other serious default as determined by MEPL and/or PPBL, this agreement may be terminated forthwith. This Agreement may be terminated by the BCA by providing 90 days written notice to MEPL. 5.2. That termination of this Agreement shall not in any event release any of the Parties from the obligations arising out of the services offered/proposed to be offered under this Agreement. 6. Other Terms: 6.1. NOTWITHSTANDING ANYTHING TO THE CONTRARY, MEPL LIABILITY IN ’S CONTRACT, TORT OR OTHERWISE (INCLUDING NEGLIGENCE) HOWSOEVER ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT OR OTHERWISE NOT EXCEED, IN TOTAL, REGARDLESS OF THE NUMBER OF CLAIMS, IN RESPECT OF ALL MATTERS A MAXIMUM OF THE AMOUNT DUE AND PAYABLE BY MEPL (WHICHEVER IS LOWER), AND BOTH THE PARTIES ACKNOWLEDGES THAT THIS IS REASONABLE ASSESSMENT OF RISK AND LIABILITIES. The Parties agree that IN NO EVENT MEPL shall have any liability to any third party. The provisions of this clause shall survive the termination and expiry of this Agreement.
4.25 BCA undertakes to customer data (including without limitation KYC and personal and sensitive personal information of customers of PPBL) as confidential, all the records, information, data which comes to their knowledge in the normal course of day to day business, terms and conditions of PPBL and of this Agreement. BCA shall not disclose, divulge the same to any third party otherwise than for the specific purpose authorized by PPBL even after termination of this Agreement. 4.26 BCA shall not undertake any offline transactions. 4.27 Business Continuity and Management of Disaster Recovery Plan: BCA will be required to develop and establish a robust framework for documentations, maintaining and testing business continuity and recovery procedures and ensure that BCA periodically the plan and may also consider occasional joint testing and recovery exercises with BC. 4.28 In the event of breach of prudential laws, BCA may be penalized or black listed and MEPL reserves the right to initiate appropriate legal actions/measures against the BCA. 5. Effect of Termination of this Agreement: 5.1. This Agreement can be terminated by MEPL by giving 30 days written notice without assigning any reason. For fraud, misrepresentation of for any other serious default as determined by MEPL and/or PPBL, this agreement may be terminated forthwith. This Agreement may be terminated by the BCA by providing 90 days written notice to MEPL. 5.2. That termination of this Agreement shall not in any event release any of the Parties from the obligations arising out of the services offered/proposed to be offered under this Agreement. 6. Other Terms: 6.1. NOTWITHSTANDING ANYTHING TO THE CONTRARY, MEPL ’S LIABILITY IN CONTRACT, TORT OR OTHERWISE (INCLUDING NEGLIGENCE) HOWSOEVER ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT OR OTHERWISE NOT EXCEED, IN TOTAL, REGARDLESS OF THE NUMBER OF CLAIMS, IN RESPECT OF ALL MATTERS A MAXIMUM OF THE AMOUNT DUE AND PAYABLE BY MEPL (WHICHEVER IS LOWER), AND BOTH THE PARTIES ACKNOWLEDGES THAT THIS IS REASONABLE ASSESSMENT OF RISK AND LIABILITIES. The Parties agree that IN NO EVENT MEPL shall have any liability to any third party. The provisions of this clause shall survive the termination and expiry of this Agreement.