Adjustment Agreement Meaning
6.1. Prior to the start of the processing, the subcontractor documents the implementation of the necessary technical and organizational measures that were taken prior to the award of the contract, including detailed contract execution, and submits these documented measures to the processing manager for review. With the adoption by the manager, the documented measures become the basis of the contract. To the extent that the treatment manager`s review/review reveals the need for changes, these changes are implemented by mutual agreement. ARM descriptions usually have two numbers. The first number shows the duration of the fixed rate, but the meaning of the second number varies. Take, for example, the 2/28 ARM. The loan has a two-year fixed interest rate, followed by a variable interest rate for the remaining 28 years of the loan. The 5/1 ARM has a fixed interest rate for five years, followed by a variable rate that adjusts each year.
9.1. Subcontracting within the meaning of this agreement must be considered as a service directly related to the delivery of the main service. This provision does not apply to complementary services such as telecommunications services, postal/transportation services, maintenance and user assistance services, the elimination of computer media, or other measures to ensure the confidentiality, availability, integrity and resilience of computer hardware and software. However, the subcontractor is required to enter into appropriate and legally binding contractual agreements and to take appropriate control measures to ensure the data protection and data security of the person in charge of the processing, including in the case of subcontracting. 1.1 The following terms and conditions, including the «Convention» annexes, apply to all contracts and services provided between and/or by Adjust KK («Adjust») and its customers («customers») with respect to the use of adjusted products and adjusted services (hereafter referred to as «collective services»). This agreement is an essential element of any agreement, unless expressly agreed in writing. An MRA is a type of mortgage where the interest rate varies over the life of the loan. These mortgages have a fixed interest rate for the first period, followed by planned interest rate changes. On a given adjustment date, the rate is reset for a specified number of months or years. b) Self-Service (if applicable) To execute an online agreement through Adjust`s self-service portal, the customer must register online with Adjust. Registration must be confirmed by adapting by sending a confirmation email to the email address indicated by the customer. There is no right to registration; Adjust expressly reserves the right to refuse registration without justification.
The customer`s «Personalize» account is enabled by the user by clicking on the activation link. The user account is not transferable. The customer must keep the password secret and protect it from illegal use by unauthorized third parties. An adjustment date is the date on which a financial change is provided under a contract or reservation. All parties to a transaction agree on the date of adjustment. Many real estate transactions include adjustment dates. Adjustment data also refer to the dates when changes in interest rates are expected in variable rate mortgages (MRAs). 6.2.
The processor must determine the guarantee under Article 28, paragraph 3, paragraph 3, point c), and Article 32 of the RGPD, in connection with Article 5, paragraph 1, of the RGPD. Measures to be taken are data security measures and measures to ensure a level of protection that is appropriate to the risk of system privacy, integrity, availability and resilience.