Common use of Confidentiality and Restrictions on Disclosure Clause in Contracts

Confidentiality and Restrictions on Disclosure. Builder and Owner shall not, unless it has obtained the prior written consent of the other party, release, publish or otherwise distribute, and shall not authorize or permit any person or entity to release, publish or distribute, any information regarding the financial arrangements between Owner and Builder pursuant to this Agreement, any marketing studies for the Project, and financial information regarding the construction of the Project or the sale of the homes, and this Agreement, except as shall be required to perform the disclosing party's obligations hereunder or as may be required by law. Owner acknowledges that Builder may have to file this Agreement with the Securities and Exchange Commission.