Common use of Confidentiality Information Security Clause in Contracts

Confidentiality Information Security. All information and advice furnished by either party to the other (or obtained by the Sub-Adviser from the Company in connection with providing Services under this Agreement) shall be treated as confidential (“Confidential Information”) and shall not be disclosed to unaffiliated third parties unless requested by a regulatory authority or as otherwise required by law. Information to be treated as Confidential Information includes, without limitation, all “non-public personal information” as defined in Title V of the Xxxxx-Xxxxx Xxxxxx Act and its implementing regulations. The Sub-Adviser and its officers, directors, employees, agents and vendors shall not use the Adviser’s Confidential Information for any purpose other than to provide the Services contracted for in this Agreement for the sole benefit of the Adviser and the Company; provided, however, that the Sub-Adviser will not violate the foregoing if it uses the Adviser’s Confidential Information in connection with other written agreements entered into between the Sub-Adviser and the Adviser or the Adviser’s affiliates, for the sole benefit of the Adviser or its affiliates. The parties shall use appropriate measures to: (i) safeguard the security and confidentiality of Confidential Information; (ii) protect against the destruction, loss, alteration of or unauthorized access to Confidential Information; and (iii) ensure the proper disposal of Confidential Information. In the event that the Sub-Adviser becomes aware of an incident of unauthorized access to, compromise or breach of the Adviser and/or the Company’s Confidential Information, the Sub-Adviser shall immediately notify the Adviser of the incident and shall immediately coordinate with the Adviser to investigate and prevent the incident or mitigate or remedy the effects of the incident. The Sub-Adviser shall provide updates to the Adviser of the Sub-Adviser’s efforts to correct or prevent such compromise, as frequently as necessary to keep the Adviser fully apprised of the investigation and the status of any corrective or remedial steps taken by the Sub-Adviser.

Appears in 3 contracts

Samples: Sub Advisory Agreement (Hancock Park Corporate Income, Inc.), Sub Advisory Agreement (CIM Real Assets & Credit Fund), Sub Advisory Agreement (CIM Real Assets & Credit Fund)

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Confidentiality Information Security. All information and advice furnished by either party to the other (or obtained by the Sub-Adviser Advisor from the Company in connection with providing Services under this Agreement) shall be treated as confidential (“Confidential Information”) and shall not be disclosed to unaffiliated third parties unless requested by a regulatory authority or as otherwise required by law. Information to be treated as Confidential Information includes, without limitation, all “non-public personal information” as defined in Title V of the Xxxxx-Xxxxx Xxxxxx Act and its implementing regulations. The Sub-Adviser Advisor and its officers, directors, employees, agents and vendors shall not use the AdviserAdvisor’s Confidential Information for any purpose other than to provide the Services contracted for in this Agreement for the sole benefit of the Adviser Advisor and the Company; provided, however, that the Sub-Adviser Advisor will not violate the foregoing if it uses the AdviserAdvisor’s Confidential Information in connection with other written agreements entered into between the Sub-Adviser Advisor and the Adviser Advisor or the AdviserAdvisor’s affiliates, for the sole benefit of the Adviser Advisor or its affiliates. The parties shall use appropriate measures to: (i) safeguard the security and confidentiality of Confidential Information; (ii) protect against the destruction, loss, alteration of or unauthorized access to Confidential Information; and (iii) ensure the proper disposal of Confidential Information. In the event that the Sub-Adviser Advisor becomes aware of an incident of unauthorized access to, compromise or breach of the Adviser Advisor and/or the Company’s Confidential Information, the Sub-Adviser Advisor shall immediately notify the Adviser Advisor of the incident and shall immediately coordinate with the Adviser Advisor to investigate and prevent the incident or mitigate or remedy the effects of the incident. The Sub-Adviser Advisor shall provide updates to the Adviser Advisor of the Sub-AdviserAdvisor’s efforts to correct or prevent such compromise, as frequently as necessary to keep the Adviser Advisor fully apprised of the investigation and the status of any corrective or remedial steps taken by the Sub-AdviserAdvisor.

Appears in 1 contract

Samples: Sub Advisory Agreement (Cim Real Estate Finance Trust, Inc.)

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Confidentiality Information Security. All information and advice furnished by either party to the other (or obtained by the Sub-Adviser from the Company in connection with providing Services under this Agreement) shall be treated as confidential (“Confidential Information”) and shall not be disclosed to unaffiliated third parties unless requested by a regulatory authority or as otherwise required by law. Information to be treated as Confidential Information includes, without limitation, all “non-public personal information” as defined in Title V of the Xxxxx-Xxxxx Xxxxxx Act and its implementing regulations. The Sub-Adviser and its officers, directors, employees, agents and vendors shall not use the Adviser’s Confidential Information for any purpose other than to provide the Services contracted for in this Agreement for the sole benefit of the Adviser and the CompanyCompany ; provided, however, that the Sub-Adviser will not violate the foregoing if it uses the Adviser’s Confidential Information in connection with other written agreements entered into between the Sub-Adviser and the Adviser or the Adviser’s affiliates, for the sole benefit of the Adviser or its affiliates. The parties shall use appropriate measures to: (i) safeguard the security and confidentiality of Confidential Information; (ii) protect against the destruction, loss, alteration of or unauthorized access to Confidential Information; and (iii) ensure the proper disposal of Confidential Information. In the event that the Sub-Adviser becomes aware of an incident of unauthorized access to, compromise or breach of the Adviser and/or the Company’s Confidential Information, the Sub-Adviser shall immediately notify the Adviser of the incident and shall immediately coordinate with the Adviser to investigate and prevent the incident or mitigate or remedy the effects of the incident. The Sub-Adviser shall provide updates to the Adviser of the Sub-Adviser’s efforts to correct or prevent such compromise, as frequently as necessary to keep the Adviser fully apprised of the investigation and the status of any corrective or remedial steps taken by the Sub-Adviser.

Appears in 1 contract

Samples: Sub Advisory Agreement (CIM Real Assets & Credit Fund)

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