Common use of Main Rule and Exceptions Clause in Contracts

Main Rule and Exceptions. All data and information acquired or received by any Party under this Agreement shall be held confidential during the continuance of this Agreement and for a period of five (5) Years thereafter and shall not be divulged in any way to any third party, without the prior written approval of all the Parties, provided that any Party may, without such approval, disclose such data and information: (a) to any Affiliate upon obtaining a similar undertaking of confidentiality from such Affiliate; (b) to any outside professional consultants, upon obtaining a similar undertaking of confidentiality from such consultants; (c) to any bank, insurance company or financial institution from which the Party is seeking to obtain financing or insurance, provided that before disclosing such information such Party shall obtain a similar undertaking of confidentiality from such bank, insurance company or financial institution; (d) to the extent required by the Licence or any other applicable law or the regulations of any recognised stock exchange, in which a Party or any of its Affiliates are listed or ordered by a court or authority of applicable jurisdiction provided that the Party so ordered endeavours to give prior notice to the other Parties; (e) to the extent that the same has become generally available to the public, otherwise than through a breach of this Section 13.3 by Party, any of its Affiliates or any employee, officer or agent of such Party or its Affiliates; or (f) to a bona fide potential assignee or employees or agents of such assignee upon obtaining an undertaking of confidentiality corresponding to that of the Parties. In the event of any Party ceasing to hold a Percentage Interest, such Party shall nevertheless remain bound by Section 13.3. The Operator may disclose such data and information to such persons as may be necessary in connection with the conduct of the Joint Operations upon obtaining a similar undertaking of confidentiality from such persons provided that the Operator shall promptly inform the other Parties of the names of such persons and the data and information disclosed to them.

Main Rule and Exceptions. All data and information acquired or received by any Party under this Agreement shall be held confidential during the continuance of this Agreement and for a period of five (5) Years thereafter and shall not be divulged in any way to any third party, without the prior written approval of all the Parties, provided that any Party may, without such approval, disclose such data and information: (a) : to any Affiliate upon obtaining a similar undertaking of confidentiality from such Affiliate; (b) ; to any outside professional consultants, upon obtaining a similar undertaking of confidentiality from such consultants; (c) ; to any bank, insurance company or financial institution from which the Party is seeking to obtain financing or insurance, provided that before disclosing such information such Party shall obtain a similar undertaking of confidentiality from such bank, insurance company or financial institution; (d) ; to the extent required by the Licence or any other applicable law or the regulations of any recognised stock exchange, in which a Party or any of its Affiliates are listed or ordered by a court or authority of applicable jurisdiction provided that the Party so ordered endeavours to give prior notice to the other Parties; (e) ; to the extent that the same has become generally available to the public, otherwise than through a breach of this Section 13.3 by Party, any of its Affiliates or any employee, officer or agent of such Party or its Affiliates; or (f) or to a bona fide potential assignee or employees or agents of such assignee upon obtaining an undertaking of confidentiality corresponding to that of the Parties. In the event of any Party ceasing to hold a Percentage Interest, such Party shall nevertheless remain bound by Section 13.3. The Operator may disclose such data and information to such persons as may be necessary in connection with the conduct of the Joint Operations upon obtaining a similar undertaking of confidentiality from such persons provided that the Operator shall promptly inform the other Parties of the names of such persons and the data and information disclosed to them.

Main Rule and Exceptions. All data and information acquired or received by any Party under this Agreement shall be held confidential during the continuance of this Agreement and for a period of five (5) Years thereafter and shall not be divulged in any way to any third party, without the prior written approval of all the Parties, provided that any Party may, without such approval, disclose such data and information: (a) to any Affiliate upon obtaining a similar undertaking of confidentiality confiden­tiality from such Affiliate; (b) to any outside professional consultants, upon obtaining obtai­ning a similar undertaking of confidentiality from such consultants; (c) to any bank, insurance company or financial institution from which the Party is seeking to obtain financing or insurance, provided that before disclosing such information such Party shall obtain a similar undertaking of confidentiality from such bank, insurance company or financial institution; (d) to the extent required by the Licence or any other applicable law or the regulations of any recognised stock exchange, in which a Party or any of its Affiliates are listed or ordered by a court or authority of applicable jurisdiction provided that the Party so ordered endeavours to give prior notice to the other Parties; (e) to the extent that the same has become generally available to the public, otherwise than through a breach of this Section 13.3 12.3 by Party, any of its Affiliates or any employee, officer or agent of such Party or its Affiliates; or (f) to a bona fide potential assignee or employees or agents of such assignee upon obtaining an undertaking of confidentiality corresponding to that of the Parties. In the event of any Party ceasing to hold a Percentage Interest, such Party shall nevertheless remain bound by Section 13.312.3. The Operator may disclose such data and information to such persons as may be necessary in connection with the conduct of the Joint Operations upon obtaining a similar undertaking of confidentiality from such persons provided that the Operator shall promptly inform the other Parties of the names of such persons and the data and information disclosed to them.