Common use of Protection of Consumer Information Clause in Contracts

Protection of Consumer Information. The Purchaser agrees that the Purchaser (i) shall not disclose Consumer Information to third parties except at the specific written direction of the Seller or the Servicer; provided, however, that the Purchaser may disclose Consumer Information to third parties in connection with secondary market transactions to the extent not prohibited by applicable law, (ii) shall maintain reasonable protection to protect Consumer Information from unauthorized access and (iii) shall immediately notify the Seller of any actual or suspected breach of the confidentiality of Consumer Information of which the Purchaser has knowledge.