Protective Arrangement. If either Party or any member of its Group or any of its or their respective Representatives either determines on the advice of its counsel that it is required to disclose any Confidential Information pursuant to applicable Law or receives any demand under lawful process or from any Governmental Authority to disclose or provide Information of the other Party (or any member of such other Party’s Group), such first Party shall, or shall cause the applicable member of its Group to, or shall use commercially reasonable efforts to cause its Representatives to, give the other Party prompt, to the extent legally permitted and reasonably practicable, prior notice of such disclosure and an opportunity to contest such disclosure and shall use commercially reasonable efforts to cooperate, at the expense of the requesting Person, in seeking any reasonable protective arrangements requested by such Person. In the event that such appropriate protective order or other remedy is not obtained, the Person that is required to disclose such Information may furnish, or cause to be furnished, only that portion of such Confidential Information that is legally required to be disclosed and shall take commercially reasonable steps to ensure that confidential treatment is accorded such Information.
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Samples: Separation and Distribution Agreement, Separation and Distribution Agreement (Tribune Publishing Co), Separation and Distribution Agreement (Tribune Publishing Co)
Protective Arrangement. If either Party In the event that any party or any member of its Group or any of its or their respective Representatives either determines on the advice of its counsel that it is required to disclose any Confidential Information pursuant to applicable Applicable Law or receives any demand under lawful process or from any Governmental Authority governmental or regulatory authority having jurisdiction over such party to disclose or provide Information information of the any other Party party (or any member of such any other Partyparty’s Group)) that is subject to the confidentiality provisions hereof, such first the Receiving Party shall, or shall cause the applicable member of its Group to, or shall use commercially reasonable efforts to cause its Representatives to, give the other Party promptDisclosing Party, to the extent legally permitted and reasonably practicable, prompt prior notice of such disclosure and an opportunity to contest such disclosure and shall use commercially reasonable efforts to cooperate, at the expense of the requesting PersonReceiving Party, in seeking any reasonable protective arrangements requested by such Personthe Disclosing Party. In the event that such appropriate protective order or other remedy is not obtained, the Person that is required to disclose such Information Receiving Party may furnish, or cause to be furnished, only that portion of such Confidential Information that the Receiving Party is advised by legal counsel is legally required to be disclosed and shall take commercially reasonable steps to ensure that confidential treatment is accorded such Confidential Information.
Appears in 1 contract
Protective Arrangement. If either In the event that any Party or any member of its Group or any of its or their respective Representatives either determines on the advice of its counsel that it is required to disclose any Confidential Information pursuant to applicable Applicable Law or receives any demand under lawful process or from any Governmental Authority governmental or regulatory authority having jurisdiction over such Party to disclose or provide Information information of the any other Party (or any member of such any other Party’s party's Group)) that is subject to the confidentiality provisions hereof, such first the Receiving Party shall, or shall cause the applicable member of its Group to, or shall use commercially reasonable efforts to cause its Representatives to, give the other Party promptDisclosing Party, to the extent legally permitted and reasonably practicable, prompt prior notice of such disclosure and an opportunity to contest such disclosure and shall use commercially reasonable efforts to cooperate, at the expense of the requesting PersonReceiving Party, in seeking any reasonable protective arrangements requested by such Personthe Disclosing Party. In the event that such appropriate protective order or other remedy is not obtained, the Person that is required to disclose such Information Receiving Party may furnish, or cause to be furnished, only that portion of such Confidential Information that the Receiving Party is advised by legal counsel is legally required to be disclosed and shall take commercially reasonable steps to ensure that confidential treatment is accorded such Confidential Information.
Appears in 1 contract
Samples: Separation and Distribution Agreement (American Cannabis Company, Inc.)