Common use of Confidentiality of the information Clause in Contracts

Confidentiality of the information. For the purposes of this Agreement and of its Particular Conditions, the Party that discloses or divulges the information will be hereinafter called Disclosing Party and the party that receives the information will be hereinafter called Receiving Party. The Parties agree that all the information of a technical, commercial, industrial or financial nature that is submitted, exchanged and / or made by the Parties pursuant to this Agreement or that any of the Parties develops, receives or obtains in respect to this Agreement (hereinafter the “Confidential Information” or the “Information”), will be subject to a strict reserve and confidentiality, throughout the term of the Agreement and three (3) years after the date of termination thereof. GENERAL CONDITIONS OF THE CRUDE OIL PURCHASE AGREEMENT Page - 15 - of 19 Free English translation of Spanish language document COMMERCIAL AND MARKETING VICE PRESIDENCY REFINED PRODUCTS AND CRUDE OILS’ NATIONAL MANAGER For the purposes of this Agreement it shall not be considered as Confidential Information the information that: (i) is public knowledge at the time of disclosure, or that becomes public knowledge after its disclosure, other than from acts or omissions of the Receiving Party; (ii) is known by the Receiving Party before or at the time of being received or obtained under this Agreement, and such knowledge is not originated in the breach of a confidentiality obligation, (iii) is developed by the Receiving Party in an independent manner or based on information or documentation received from a third party, and it is not, on its part, in breach of a confidentiality obligation; (iv) is received or obtained, in good faith, by the Receiving Party, from a third party and it is not, on its part, in breach of a confidentiality obligation; (v) its divulgation and / or disclosure is demanded by the Receiving Party pursuant to the application of the legislation in force, legal precedent, firm administrative decision, order of a judicial and / or governmental authority with jurisdiction over the Parties or their affiliates, or under to the regulations of any stock exchange in which the shares of the Parties or related corporations are quoted, and to the extent that the same is required. The Receiving Party may disclose the Confidential Information to its directors, officers, employees, agents, partners, representatives or associates, affiliates and subordinates (generically called Representatives). If a judicial or administrative authority requires or demands that the Receiving Party, by virtue of the law, regulation or judicial resolution, submits any part of the Information, said Receiving Party mat request the cooperation of the Disclosing Party and, if it so considers, it will consult with it about the measures that must be taken to maintain the confidentiality. TWENTY THIRD CLAUSE - SPECIAL OBLIGATIONS OF THE SELLER RELATED TO THE PREVENTION AND CONTROL OF MONEY LAUNDERING AND THE FINANCING OF TERRORISM (LA / FT)

Appears in 3 contracts

Samples: www.sec.gov, Gran Tierra Energy Inc., Gran Tierra Energy Inc.

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Confidentiality of the information. For the purposes of this Agreement and of its Particular the Special Conditions, the Party that discloses disclosing or divulges revealing information is hereinafter referred to as the Disclosing Party and the Party receiving the information will be hereinafter called Disclosing Party and referred to as the party that receives the information will be hereinafter called Receiving Party. The Parties agree that all the information of a technical, commercial, industrial or financial nature that is submittedcontributed, exchanged and / or made and/or developed by the Parties pursuant to in the performance of this Agreement or that any either of the Parties develops, receives or obtains in with respect to this Agreement (hereinafter the "Confidential Information" or the “"Information”), will ") shall be subject to a strict reserve privacy and confidentiality, throughout confidentiality during the term of the Agreement and for three (3) years after the date of following its termination thereofdate. GENERAL CONDITIONS OF THE CRUDE OIL PURCHASE AGREEMENT Page - 15 - of 19 Free English translation of Spanish language document COMMERCIAL AND MARKETING VICE PRESIDENCY REFINED PRODUCTS AND CRUDE OILS’ NATIONAL MANAGER For the purposes of this Agreement it the following information shall not be considered as deemed Confidential Information the information thatInformation: (i) information that is public knowledge publicly known at the time of disclosure, disclosure or that which becomes public knowledge after knowledge, subsequent to its disclosure, in ways other than from acts or omissions of the Receiving Party; (ii) that is known by the Receiving Party before Recipient prior to or at the time of being it received or obtained same under this Agreement, and without such knowledge is not originated having had its origin in the breach violation of a confidentiality obligation, ; (iii) that is developed by the Receiving Party in an independent manner independently or based on information or documentation received from a third party, and it is not, on its partwithout this constituting, in breach turn, the violation of a confidentiality obligationan obligation of confidentiality; (iv) that is received or obtained, in good faith, by the Receiving Party, from a third party and it is notparty, on its partwithout this being, in breach turn, the violation of a confidentiality obligationan obligation of confidentiality; (v) its divulgation and / or information whose disclosure and/or divulgence is demanded by required of the Receiving Party pursuant to the by application of the legislation in forcecurrent legislation, legal judicial precedent, firm definitive administrative decisionact, order of a judicial and / or governmental authority and/or competent government with jurisdiction over the Parties or their affiliates, or under to the regulations by any rules of any stock exchange in Stock Exchange on which the shares of the Parties or related corporations are quoted, traded in the terms and to the extent that the same is it may be required. The Receiving Party may disclose the Confidential Information to its directors, officers, employees, agents, partners, representatives or associates, affiliates and subordinates subsidiaries (generically called collectively referred to as “Representatives). If the Receiving Party is requested or required by a judicial or administrative authority requires or demands that the Receiving Party, by virtue of the under a law, regulation or judicial resolutioncourt order, submits to deliver any part of the Information, said such Receiving Party mat may request the cooperation of the Disclosing Party and, if it so considersconsidered appropriate, it will may consult with it about the measures that must latter regarding the action to be taken to maintain the confidentiality. TWENTY THIRD CLAUSE - SPECIAL OBLIGATIONS OF THE SELLER RELATED TO THE PREVENTION AND CONTROL OF MONEY LAUNDERING AND THE FINANCING OF TERRORISM (LA / FT).

Appears in 2 contracts

Samples: Demand Anticipation Agreement (Gran Tierra Energy Inc.), Demand Anticipation Agreement (Gran Tierra Energy Inc.)

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