Confidential Information and Use of Data Sample Clauses

Confidential Information and Use of Data. The manner in which the Company treats confidential information of the User shall be governed by the Information Privacy Polic ies and Procedures of The Depository Trust & Clearing Corporation and Subsidiaries (the “DTCC Privacy Policy”), which may be found at xxx.xxxx.xxx, and which should be regularly reviewed by Users for updates made by the Company in connection with changes in Applicable Law. Some Records may contain sensitive information about natural persons such as their tax ID numbers, driver’s license or state or federal ID card numbers, or financ ial account numbers (collectively, “Non-Public Personal Information” or “NPI”). Company represents and warrants that (i) its treatment of User-provided NPI is in compliance w ith Applicable Law with respect to privacy and data security, and (ii) it has implemented and currently maintains a comprehensive written information security program, inc luding administrative, technical, and physical safeguards compliant with Applicable Law (“Security Program”) designed to (a) safeguard the security and confidentiality of User-provided NPI; (b) protect against any anticipated threats or hazards to the security or integrity of User-provided NPI; (c) protect against unauthorized access to, destruction, modification, disclosure, or use of User-provided NPI; (d) address computer and network security; (e) address physical security; (f) address business continuity and disaster recovery; (g) address Company’s response to unauthorized access to, disclosure of, or breach in the security of User-provided NPI in Company’s possession (“Security Incident”); and (h) provide for the secure destruction and disposal of User-provided NPI. The Security Program will be updated as required by Applicable Law. Company shall require its contractors who provide services on behalf of Company and who may have access to User-provided NPI (“Contractors”) to develop, implement, and maintain a written Security Program. At the User’s request, but in no event more frequently than once per year, Company agrees to certify in writing to User its compliance with the terms of this Section. Company shall, upon the User’s request, dispose of all Records, electronic or otherwise (including all backup records and other copies) containing any User-provided NPI that Company possesses or controls by destroying them pursuant to Company’s written policy governing records destruction, and in a manner that renders the Records unreadable and undecipherable by an...
AutoNDA by SimpleDocs
Confidential Information and Use of Data. The manner in which the Company treats confidential information of the User shall be governed by the Information Privacy Policies and Procedures of The Depository Trust & Clearing Corporation and Subsidiaries, which may be found at xxx.xxxx.xxx. Notwithstanding the immediately preceding sentence, Users acknowledge and agree that nothing shall prevent the Company (or its affiliates) from releasing or disclosing aggregated data and other information sourced from data supplied to the Company by Users in connection with their use of the System, including by selling such aggregated data and other information; provided, however, that in no event shall the release or disclosure of such aggregated data and other information identify the economic terms of any specific transaction supplied to the Company by any User. By way of providing examples, but not by way of limitation, Users acknowledge and agree that the Company may use data supplied by Users to create products and services (i) containing benchmarking and other aggregated information and analysis that may contain anonymous data or (ii) that may identify a User or groups of Users by size, market share, degree of use of a service or other similar aggregated indicator.
Confidential Information and Use of Data 

Related to Confidential Information and Use of Data

  • Use of Confidential Information The parties agree that during the term of this Agreement and thereafter, Confidential Information is to be used solely in connection with satisfying their obligations pursuant to this Agreement, and that a party shall neither disclose Confidential Information to any third party, nor use Confidential Information for its own benefit, except as may be necessary to perform its obligations pursuant to this Agreement or as expressly authorized in writing by the other party, as the case may be. Neither party shall disclose any Confidential Information to any other persons or entities, except on a “need to know” basis and then only: (i) to their own employees and Agents (as defined below); (ii) to their own accountants and legal representatives, provided that any such representatives shall be subject to subsection(iv) below; (iii) to their own affiliates, provided that such affiliates shall be restricted in use and redisclosure of the Confidential Information to the same extent as the parties hereto. “Agents”, for purposes of this Section, mean each of the parties’ advisors, directors, officers, employees, contractors, consultants affiliated entities (i.e., an entity controlling, controlled by, or under common control with a party), or other agents. If and to the extent any Agent of the recipient receive Confidential Information, such recipient party shall be responsible for such Agent’s full compliance with the terms and conditions of this Agreement and shall be liable for any such Agent’s non-compliance.

  • Restricted Use of Confidential Information (a) Each Receiving Party acknowledges the confidential and proprietary nature of the Confidential Information of the Disclosing Party and agrees that such Confidential Information (i) shall be kept confidential by the Receiving Party; (ii) shall not be used for any reason or purpose other than to evaluate and consummate the Contemplated Transactions; and (iii) without limiting the foregoing, shall not be disclosed by the Receiving Party to any Person, except in each case as otherwise expressly permitted by the terms of this Agreement or with the prior written consent of an authorized representative of Seller with respect to Confidential Information of Seller(each, a "Seller Contact") or an authorized representative of Buyer with respect to Confidential Information of Buyer (each, a "Buyer Contact"). Each of Buyer and Seller shall disclose the Confidential Information of the other party only to its Representatives who require such material for the purpose of evaluating the transactions contemplated herein and are informed by Buyer or Seller, as the case may be, of the obligations of this Article 12 with respect to such information. Each of Buyer and Seller shall (iv) enforce the terms of this Article 12 as to its respective representatives; (v) take such action to the extent necessary to cause its representatives to comply with the terms and conditions of this Article 12; and (vi) be responsible and liable for any breach of the provisions of this Article 12 by it or its representatives.

  • Protection of Confidential Information (a) Contractor and Contractor Parties, at their own expense, have a duty to and shall protect from a Confidential Information Breach any and all Confidential Information which they come to possess or control, wherever and however stored or maintained, in a commercially reasonable manner in accordance with current industry standards.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!