Common use of Credit Information and Investigation; Sharing of Information Clause in Contracts

Credit Information and Investigation; Sharing of Information. You authorize XX Xxxxxx and, if applicable, your broker, in its or their discretion, to make and obtain reports concerning your credit standing and business conduct. You may make a written request within a reasonable period of time for a description of the nature and scope of the reports made or sharing of information obtained by XX Xxxxxx among XX Xxxxxx Entities. You acknowledge that XX Xxxxxx Entities share many computer systems and employees, and also share information concerning their respecting customers for the purpose of monitoring and approving credit, legal, regulatory and underwriting exposures and administration of the customer’s accounts with and transactions with or through any XX Xxxxxx Entities. Such information will be treated by each XX Xxxxxx Entity pursuant to its policies and procedures designed to protect the confidentiality and security of customer information and to ensure that such information is used only in a manner that is consistent with Applicable Laws.