CONFIDENTIALITY. BANKING SECRECY Sample Clauses

CONFIDENTIALITY. BANKING SECRECY. 7.1. The Bank undertakes to ensure the preservation of data (information) about the Client, which, in accordance with the Legislation requirements, is recognized as banking secrecy. The Bank shall be held liable for unlawful disclosure (disclosure) or usage of data (information) that contains banking secrecy in accordance with the requirements and in accordance with the procedure established by the Law. The Bank shall have the right to disclose banking secrecy in the cases and in accordance with the procedure provided by the Legislation and this Agreement. 7.2. By signing the Banking Services Application, the Client entitles the Bank to transfer information about him, which is banking secrecy, to the enterprises, institutions, organizations, state authorities, state registrars, third parties who, in accordance with the legislation, are entitled to such information or who are in contractual relations with the Bank and/or have entered into an agreement with the Bank regarding the non-disclosure of confidential information, including, but not exclusively, rating agencies, audit firms, that shall verify/rate the Bank, any natural or legal person, in order to exercise the Bank's rights as a creditor, as well as in case when it is necessity to protect Bank's rights and interests, including those persons, who will provide the Bank with services for collection of arrears under the Agreement and/or carry out other actions related to the realization of Bank's rights under the Agreement, to other persons in order to comply with the Legislation requirements, the Agreement and other agreements between the Client and the Bank. 7.3. The Bank is part of the OTP group, which includes OTP Bank (Hungary), its local and foreign subsidiaries and their subsidiaries (OTP Group). OTP Group companies are constantly exchanging information through a common information system, the task of which is to minimize general group risks. The Client authorizes the transfer of information about him and/or any of his affiliated companies (including, but not limited to, confidential information and banking secrecy) inside the OTP Group for the confidential use. The mentioned information may be transmitted, in particular, in regards to the provision of any service or banking product to the Client, as well as for data processing purposes, statistical analysis and risk analysis. This authorization applies to the Bank, other members of the OTP Group in Hungary and abroad, which are organized and ope...
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CONFIDENTIALITY. BANKING SECRECY. 5.1. The Customer shall ensure the full confidentiality of all the transactions requested and/or performed by the Bank. The failure to comply with this condition and the inaccuracy or ill faith shall be considered as defaults from the Customer, entailing its liability.
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CONFIDENTIALITY. BANKING SECRECY. The Issuer, and their Agent, if applicable, undertake to fulfil all of the confidentiality obligations incumbent on it (them) under the legislation and regulations in force, notably within the framework of Article L.511-33 of the Monetary and Financial Code. However, the HOLDER(s) expressly authorise(s) the Issuer to disclose this data:  to its sub-contractors (including the Agent),,  to the tax administration,  to the establishments contractually bound for the execution of the tasks relating to the management of financial securities and cash,  to the regulatory authorities responsible for the inspection of the transactions (notably to the Banking Commission), in order to ensure the performance of the Agreement, including when the recipients are located outside of the European Union.
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CONFIDENTIALITY. BANKING SECRECY. 7.1. The Bank undertakes to ensure the preservation of data (information) about the Client, which, in accordance with the Legislation requirements, is recognized as banking secrecy. The Bank shall be held liable for unlawful disclosure (disclosure) or usage of data (information) that contains banking secrecy in accordance with the requirements and in accordance with the procedure established by the Law. The Bank shall have the right to disclose banking secrecy in the cases and in accordance with the procedure provided by the Legislation and this Agreement. 7.2. By signing the Banking Services Application, the Client entitles the Bank to transfer information about him, which is banking secrecy, to the enterprises, institutions, organizations, state authorities, state registrars, third parties who, in accordance with the legislation, are entitled to such information or who are in contractual relations with the Bank and/or have entered into an agreement with the Bank regarding the non-disclosure of confidential information, including, but not exclusively, rating agencies, audit firms, that shall verify/rate the Bank, any natural or legal person, in order to exercise the Bank's rights as a creditor, as well as in case when it is necessity to protect Bank's rights and interests, including those persons, who will provide the Bank with services for collection of arrears under the Agreement and/or
Sample 1
CONFIDENTIALITY. BANKING SECRECY. 17.1 The Client shall not disclose to third parties any information related to the Transactions, including technical data, whatever the nature or medium, without prior written consent of the Service Provider, unless permitted by the Regulations or required for the needs of its in-house functioning.
Sample 1

Related to CONFIDENTIALITY. BANKING SECRECY

  • Confidentiality of Vendor Data Vendor understands and agrees that by signing this Agreement, all Vendor Data is hereby released to TIPS, TIPS Members, and TIPS third-party administrators to effectuate Vendor’s TIPS Contract except as provided for herein. The Parties agree that Vendor Data is accessible by all TIPS Members as if submitted directly to that TIPS Member Customer for purchase consideration. If Vendor otherwise considers any portion of Vendor’s Data to be confidential and not subject to public disclosure pursuant to Chapter 552 Texas Gov’t Code (the “Public Information Act”) or other law(s) and orders, Vendor must have identified the claimed confidential materials through proper execution of the Confidentiality Claim Form which is required to be submitted as part of Vendor’s proposal resulting in this Agreement and incorporated by reference. The Confidentiality Claim Form included in Vendor’s proposal and incorporated herein by reference is the sole indicator of whether Vendor considers any Vendor Data confidential in the event TIPS receives a Public Information Request. If TIPS receives a request, any responsive documentation not deemed confidential by you in this manner will be automatically released. For Vendor Data deemed confidential by you in this manner, TIPS will follow procedures of controlling statute(s) regarding any claim of confidentiality and shall not be liable for any release of information required by law, including Attorney General determination and opinion. In the event that TIPS receives a written request for information pursuant to the Public Information Act that affects Vendor’s interest in any information or data furnished to TIPS by Vendor, and TIPS requests an opinion from the Attorney General, Vendor may, at its own option and expense, prepare comments and submit information directly to the Attorney General stating why the requested information is exempt from disclosure pursuant to the requirements of the Public Information Act. Vendor is solely responsible for submitting the memorandum brief and information to the Attorney General within the time period prescribed by the Public Information Act. Notwithstanding any other information provided in this solicitation or Vendor designation of certain Vendor Data as confidential or proprietary, Vendor’s acceptance of this TIPS Vendor Agreement constitutes Vendor’s consent to the disclosure of Vendor’s Data, including any information deemed confidential or proprietary, to TIPS Members or as ordered by a Court or government agency, including without limitation the Texas Attorney General. Vendor agrees that TIPS shall not be responsible or liable for any use or distribution of information or documentation by TIPS Members or as required by law.

  • Confidentiality of Client Information ENP providers shall ensure that information about, or obtained from a participant’s records, shall be maintained in a confidential manner.

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