Common use of Legally Required Disclosure Clause in Contracts

Legally Required Disclosure. In the event that any Party is requested by Governmental Authorities or becomes legally required by Law to disclose the existence of this Agreement or content of any of the Financing Terms, such Party (the “Disclosing Party”) shall provide the other Parties with prompt written notice of that fact and shall consult with the other Parties regarding such disclosure. The Disclosing Party shall, to the extent possible and with the cooperation and reasonable efforts of the other Parties, seek a protective order, confidential treatment or other appropriate remedy. In such event, the Disclosing Party shall furnish only that portion of the information which is legally required to be disclosed and shall exercise reasonable efforts to obtain reliable assurance that confidential treatment will be accorded such information.

Legally Required Disclosure. In The Receiving Party shall be permitted to disclose CONFIDENTIAL INFORMATION without violating the event that any Party is requested by Governmental Authorities foregoing obligations if required pursuant to an order of a court or becomes legally governmental authority or if otherwise required by Law to disclose law as advised by legal counsel; provided, however, that (i) the existence of this Agreement or content of any of Receiving Party shall give the Financing Terms, such Disclosing Party (the “Disclosing Party”) shall provide the other Parties with prompt prior written notice of that fact its intention to disclose and shall consult with provide reasonable cooperation to the other Parties regarding such disclosure. The Disclosing Party shall, in any efforts to the extent possible and with the cooperation and reasonable efforts of the other Parties, seek a protective order, confidential treatment order or other appropriate remedy. In such event, and (ii) the Disclosing Receiving Party shall furnish only that disclose the portion of the information which CONFIDENTIAL INFORMATION that is legally required to be disclosed and shall exercise reasonable efforts to obtain reliable assurance that notify any recipient thereof of the confidential treatment will be accorded nature of such information.