Common use of Data Protection Matters Clause in Contracts

Data Protection Matters. To the extent and at all times that any Data Protection Laws will be applicable as a result of any Credit Party’s performance hereunder, such Credit Party will be in compliance in all material respects with all such Data Protection Laws including, without limitation, having obtained valid consents where necessary from any Persons whose Personal Data is provided in performance of this Agreement for (a) such Personal Data to be processed for the purposes required by each Credit Party in performance of this Agreement; (b) such Personal Data to be disclosed to Agent or any Lender, or any agent or subcontrator of Agent or any Lender, and to be processed by Agent or any Lender for the purposes required in performance of this Agreement; and (c) the transfer of such Personal Data to Agent or any Lender in a country outside of the European Economic Area. The form of any data protection consent shall be subject to prior approval of Agent, who may require such amendments as it may consider necessary in order to comply with Data Protection Laws and who may require, upon reasonable prior notice, such other reasonable actions be taken by each Credit Party, including entering into the European Union’s standard contractual clauses for the transfer of personal data to third countries, to ensure compliance with Data Protection Laws. Each Credit Party shall not, by any act or omission, place Agent or any Lender in breach of any Data Protection Laws.

Appears in 3 contracts

Samples: Credit Agreement (Sothebys), Credit Agreement (Sothebys), Credit Agreement (Sothebys)

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Data Protection Matters. To the extent and at all times that any Data Protection Laws will be applicable as a result of any Credit Party’s performance hereunder, such Credit Party will be in compliance shall comply in all material respects with all such Data Protection Laws including, without limitation, having obtained valid consents where necessary from any Persons whose Personal Data is provided in performance of this Agreement for (a) such Personal Data to be processed for the purposes required by each Credit Party in performance of this Agreement; (b) such Personal Data to be disclosed to any Agent or any Lender, or any agent or subcontrator subcontractor of any Agent or any Lender, and to be processed by any Agent or any Lender for the purposes required in performance of this Agreement; and (c) the transfer of such Personal Data to any Agent or any Lender in a country outside of the European Economic Area. The form of any data protection consent shall be subject to prior approval of the Administrative Agent, who may require such amendments as it may consider necessary in order to comply with Data Protection Laws and who may require, upon reasonable prior notice, such other reasonable actions be taken by each Credit Party, including entering into the European Union’s standard contractual clauses for the transfer of personal data to third countries, to ensure compliance with Data Protection Laws. Each Credit Party shall not, by any act or omission, place any Agent or any Lender in breach of any Data Protection Laws.

Appears in 2 contracts

Samples: Credit Agreement (Sothebys), Credit Agreement (Sothebys)

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