Common use of Notwithstanding Clause 12 Clause in Contracts

Notwithstanding Clause 12. 1 and other relevant clauses of the Agreement, in the event the CoC Party is not technically able to delete the Confidential Information due to system restraints for whatever reason, the CoC Party shall (i) delete as much of the Confidential Information as it is able, (ii) notify the Non-CoC party as soon as practicable that it is unable to delete all Confidential Information (including identification of what cannot be deleted), and (iii) shall continue to be bound by its obligations of confidentiality with regard to the Confidential Information it is not able to delete (including ensuring that its new controlling party is bound by such obligations of confidentiality and does not share such Confidential Information with its affiliates or otherwise in violation of such obligations of confidentiality).

Appears in 4 contracts

Samples: Investment Agreement (Jackson Financial Inc.), Demerger Agreement (Jackson Financial Inc.), Demerger Agreement (Jackson Financial Inc.)

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