Common use of Confidentiality/Privacy Clause in Contracts

Confidentiality/Privacy. (a) All parties hereto agree that any non-public information obtained hereunder concerning the other parties is confidential and may not be disclosed to any other person without the consent of the non-disclosing party, except as may be required by applicable law or at the request of the Commission or other governmental agency. The Transfer Agent agrees that it shall not use any non-public information for any purpose other than performance of its duties or obligations hereunder. The obligations of the parties under this Section shall survive the termination of this Agreement. The parties further agree that a breach of this Section would irreparably damage the non-disclosing party and accordingly agree that each of them is entitled, without bond or other security, to an injunction or injunctions to prevent breaches of this provision. Without limiting the foregoing, the Transfer Agent agrees on behalf of itself and its nominees, sub-contractors and employees to treat confidentially all records and other information relative to the Funds and their prior, present or potential Shareholders. (b) The parties agree that any Nonpublic Personal Information, as defined under Section 248.3(t) of Regulation S-P ("Regulation S-P"), promulgated under the Xxxxx-Xxxxx-Xxxxxx Act ("Act"), disclosed by a party hereunder is for the specific purpose of permitting the other party to perform the services set forth in this Agreement. Each party agrees that, with respect to such information, it will comply with Regulation S-P and the Act and that it will not disclose any Nonpublic Personal Information received in connection with this Agreement, to any other party, except to the extent as necessary to carry out the services set forth in this Agreement or as otherwise permitted by law or regulation. The Transfer Agent agrees to adopt policies and procedures that address administrative, technical and physical safeguards for the protection of information of consumers or customers of the Funds. The Transfer Agent agrees to adopt policies and procedures that address administrative, technical and physical safeguards for the protections of Information of consumers or customers of the Fund.

Appears in 5 contracts

Samples: Combined Transfer Agency and Registrar Agreement (Munder Series Trust), Combined Transfer Agency and Registrar Agreement (Munder at Vantage Fund), Transfer Agency and Registrar Agreement (Munder Framlington Funds Trust)

AutoNDA by SimpleDocs

Confidentiality/Privacy. (a) All parties hereto agree that any non-public information obtained hereunder concerning the other parties is confidential and may not be disclosed to any other person without the consent of the non-disclosing party, except as may be required by applicable law or at the request of the Commission or other governmental agency. The Transfer Agent agrees that it shall not use any non-public information for any purpose other than performance of its duties or obligations hereunder. The obligations of the parties under this Section shall survive the termination of this Agreement. The parties further agree that a breach of this Section would irreparably damage the non-disclosing party and accordingly agree that each of them is entitled, without bond or other security, to an injunction or injunctions to prevent breaches of this provision. Without limiting the foregoing, the Transfer Agent agrees on behalf of itself and its nominees, sub-contractors and employees to treat confidentially all records and other information relative to the Funds and their prior, present or potential Shareholders. (b) The parties agree that any Nonpublic Personal Information, as defined under Section 248.3(t) of Regulation S-P ("Regulation S-P"), promulgated under the XxxxxGramm-XxxxxLeach-Xxxxxx Bliley Act ("Act"), disclosed by a party hereunder is for the specific xxx xxx xxxxxxxx purpose of permitting the other party to perform the services set forth in this Agreement. Each party agrees that, with respect to such information, it will comply with Regulation S-P and the Act and that it will not disclose any Nonpublic Personal Information received in connection with this Agreement, to any other party, except to the extent as necessary to carry out the services set forth in this Agreement or as otherwise permitted by law or regulation. The Transfer Agent agrees to adopt policies and procedures that address administrative, technical and physical safeguards for the protection of information of consumers or customers of the Funds. The Transfer Agent agrees to adopt policies and procedures that address administrative, technical and physical safeguards for the protections of Information of consumers or customers of the Fund.

Appears in 1 contract

Samples: Transfer Agency and Registrar Agreement (St Clair Funds Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!