Disclosure Based on Law Sample Clauses

Disclosure Based on Law. If a party or one of its vicarious agents is required by law to disclose confidential information, then this party shall immediately inform the other party of such necessity prior to the disclosure. The parties shall join forces and sincerely attempt to agree on an agreement [sic] about the form and conditions of a disclosure which is acceptable to both parties within the framework of the circumstances under which the disclosure is to be made. If after such a notification and consultation the parties are unable to agree on a mutually acceptable form and conditions for the disclosure, then the party required by law to disclose the information shall not be subject to liability with respect to the other party, as long as the disclosing party undertakes reasonable efforts to obtain a protective declaration or other reliable declaration which guarantees that the confidential information will be treated confidentially by the agency demanding the disclosure.