Common use of Confidentiality and Privileged Information Clause in Contracts

Confidentiality and Privileged Information. Any information or documents provided under this Section 14 shall be kept confidential by the Party receiving the information or documents, except as may otherwise be necessary in connection with the filing of required Returns or in connection with any audit, proceeding, suit or action. Notwithstanding any other provision of this Agreement or any other agreement, (i) no member of the Distributing Group shall be required to provide any member of the Controlled Group or any other Person access to or copies of any information or procedures other than information or procedures that relate solely to Controlled, the business or assets of any member of the Controlled Group or matters for which Controlled has an obligation to indemnify under this Agreement, and (ii) in no event shall any member of the Distributing Group be required to provide any member of the Controlled Group or any other Person access to or copies of any information if such action could reasonably be expected to result in the waiver of any privilege. Notwithstanding the foregoing, in the event that Distributing determines that the provision of any information to any member of the Controlled Group could be commercially detrimental, violate any law or agreement to which Distributing is bound or waive any privilege, Distributing shall not be required to comply with the foregoing terms of this Section 14(d) except to the extent that it is able, using commercially reasonable efforts, to do so while avoiding such harm or consequence.

Appears in 2 contracts

Samples: Tax Matters Agreement, Tax Matters Agreement (Vertiv Co.)

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Confidentiality and Privileged Information. Any information or documents provided under this Section 14 shall be kept confidential by the Party party receiving the information or documents, except as may otherwise be necessary in connection with the filing of required Returns or in connection with any audit, proceeding, suit or action. Notwithstanding any other provision of this Agreement or any other agreement, (i) no member of the Distributing Group shall be required to provide any member of the Controlled Group or any other Person access to or copies of any information or procedures other than information or procedures that relate solely to Controlled, the business or assets of any member of the Controlled Group or matters for which Controlled has an obligation to indemnify under this Agreement, and (ii) in no event shall any member of the Distributing Group be required to provide any member of the Controlled Group or any other Person access to or copies of any information if such action could reasonably be expected to result in the waiver of any privilege. Notwithstanding the foregoing, in the event that Distributing determines that the provision of any information to any member of the Controlled Group could be commercially detrimental, violate any law or agreement to which Distributing is bound or waive any privilege, Distributing shall not be required to comply with the foregoing terms of this Section 14(d) except to the extent that it is able, using commercially reasonable efforts, to do so while avoiding such harm or consequence.

Appears in 2 contracts

Samples: Tax Matters Agreement (TopBuild Corp), Tax Matters Agreement (TopBuild Corp)

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Confidentiality and Privileged Information. Any information or documents provided under this Section 14 Agreement shall be kept confidential by the Party receiving the information or documents, except as may otherwise be necessary in connection with the filing of required Tax Returns or in connection with any audit, proceeding, suit or action. Notwithstanding Without limiting the foregoing (and notwithstanding any other provision of this Agreement or any other agreement), (i) no member of the Distributing J.Crew Group or the Madewell Group, respectively, shall be required to provide any member of the Controlled other Group or any other Person access to or copies of any information or procedures other than information or procedures that relate solely to Controlled, the business or assets of any member of the Controlled Group or matters for which Controlled Madewell or J.Crew, respectively, has an obligation to indemnify under this Agreement, and (ii) in no event shall any member of the Distributing J.Crew Group or the Madewell Group be required to provide any member of the Controlled other Group or any other Person access to or copies of any information if such action could reasonably be expected to result in the waiver of any privilege. Notwithstanding the foregoing, in the event that Distributing J.Crew or Madewell determines that the provision of any information to any member of the Controlled other Group could be commercially detrimental, detrimental or violate any law or agreement to which Distributing the information providing Party is bound or waive any privilegebound, Distributing such information providing Party shall not be required to comply with the foregoing terms of this Section 14(d10(c) except to the extent that it is able, using commercially reasonable efforts, to do so while avoiding such harm or consequence.

Appears in 1 contract

Samples: Tax Matters Agreement (Chinos Holdings, Inc.)

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