Common use of Confidential Customer Information Clause in Contracts

Confidential Customer Information. None of Lenders, Servicer or any Lender Advisor shall be liable for any loss, claim, damage or liability attributable to the disclosure of Confidential Customer Information to any Lender, Servicer or any Lender Advisor, provided that such loss, claim, damage or liability does not arise from any prohibited use or disclosure of such information by any Lender, Servicer or any Lender Advisor. To the extent any Confidential Customer Information is received by any Lender, Servicer or any Lender Advisor, it will use its reasonable best efforts to destroy or return such information to Borrower. Notwithstanding the foregoing, the Lenders, Servicer or any Lender Advisor may retain such received Confidential Customer Information to comply with applicable law or regulation or professional standard or bona fide internal compliance policy requirements.

Appears in 6 contracts

Samples: Subordinated Loan Agreement, Confidentiality Agreement (First Colebrook Bancorp, Inc.), Subordinated Loan Agreement (FS Bancorp, Inc.)

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