Common use of Disclosure by Operation of Law Clause in Contracts

Disclosure by Operation of Law. If a Party is requested to disclose all or any part of any Confidential Information under a subpoena or inquiry issued by a court of competent jurisdiction or by a judicial or administrative agency or legislative body or committee, such Party shall (i) to the extent permitted by law, promptly notify the other Parties of the existence, terms and circumstances surrounding such request; (ii) consult with the other Parties on the advisability of taking legally available steps to resist or narrow such request and cooperate with such Parties on any steps each considers advisable; and (iii) if disclosure of the Confidential Information is required or deemed advisable, exercise commercially reasonable efforts to obtain an order, stipulation or other reliable assurance that confidential treatment shall be accorded to such portion of the Confidential Information to be disclosed.

Disclosure by Operation of Law. If a Party is requested to disclose all or any part of any Confidential Information under a subpoena subpoena, or inquiry issued by a court of competent jurisdiction or by a judicial or administrative agency or legislative body or committee, such Party shall (i) to the extent permitted by law, promptly notify the other Parties of the existence, terms and circumstances surrounding such request; (ii) consult with the other Parties on the advisability of taking legally available steps to resist or narrow such request and cooperate with such Parties on any steps each considers advisable; and (iii) if disclosure of the Confidential Information is required or deemed advisable, exercise commercially reasonable efforts to obtain an order, stipulation or other reliable assurance that confidential treatment shall be accorded to such portion of the Confidential Information to be disclosed.