Common use of Data Retention and Destruction Clause in Contracts

Data Retention and Destruction. Except set forth herein, the Data released under a Data Application may be retained by the Recipient until the Completion Date. The Recipient shall notify the LO within 10 business days of Project Completion. Upon Project Completion, the Recipient shall promptly destroy the Data received under the Data Application, including all copies thereof and all analytic datasets derived from the original Data. The Recipient shall promptly, but no later than 10 business days after Project Completion, send the written Certificate of Project Completion and Data Destruction Form to the LO, using the form attached hereto as Exhibit E. The Recipient acknowledges its affirmative obligation to destroy the Data upon Project Completion, and that such obligation is not contingent upon action by the LO.