Common use of Protective Arrangements Clause in Contracts

Protective Arrangements. In the event that either Party their respective Group, either (i) determines after consultation with counsel, in the opinion of such counsel that it is required by law to disclose any Information or (ii) receives any demand under lawful process or from any Governmental Authority to disclose or provide Information of the other Party or their respective Group that is subject to the confidentiality provisions hereof, such Party shall notify the other Party prior to disclosing or providing such Information and shall cooperate at the expense of the requesting party (and to the extent legally permissible) in seeking any reasonable protective arrangements requested by such other Party. Subject to the foregoing, the Party that received such request may thereafter (1) furnish only that portion of the Confidential Information that is legally required, (2) give notice to the other Party of the information to be disclosed as far in advance as is practical, and (3) exercise reasonable best efforts to obtain reliable assurance that the confidential nature of such Information shall be maintained.

Appears in 5 contracts

Samples: Separation and Distribution Agreement (Myriad Pharmaceuticals, Inc.), Separation and Distribution Agreement (CPEX Pharmaceuticals, Inc.), Separation and Distribution Agreement (CPEX Pharmaceuticals, Inc.)

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Protective Arrangements. In the event that either Party or their respective GroupSubsidiaries or Affiliates, either (i) determines after consultation with counsel, in the opinion of such counsel that it is required by law to disclose any Information Information, or (ii) receives any demand under lawful process or from any Governmental Authority entity to disclose or provide Information of the other Party or their respective Group Subsidiaries that is subject to the confidentiality provisions hereof, such Party shall notify the other Party prior to disclosing or providing such Information and shall cooperate at the expense of the requesting party (and to the extent legally permissible) in seeking any reasonable protective arrangements requested by such other Party. Subject to the foregoing, the Party that received such request may thereafter (1i) furnish only that portion of the Confidential Information that is legally required, (2ii) give notice to the other Party of the information Information to be disclosed as far in advance as is practical, and (3iii) exercise reasonable best efforts to obtain reliable assurance that the confidential nature of such Information shall be maintained.

Appears in 5 contracts

Samples: Separation and Distribution Agreement (China Index Holdings LTD), Separation and Distribution Agreement (China Index Holdings LTD), Separation and Distribution Agreement (China Index Holdings LTD)

Protective Arrangements. In the event that either Party or their respective GroupAffiliates, either (i) determines after consultation with counsel, in the opinion of such counsel that it is required by law to disclose any Information Information, or (ii) receives any demand under lawful process or from any Governmental Authority entity to disclose or provide Information of the other Party or their respective Group Subsidiaries that is subject to the confidentiality provisions hereof, such Party shall notify the other Party prior to disclosing or providing such Information and shall cooperate at the expense of the requesting party (and to the extent legally permissible) in seeking any reasonable protective arrangements requested by such other Party. Subject to the foregoing, the Party that received such request may thereafter (1i) furnish only that portion of the Confidential Information that is legally required, (2ii) give notice to the other Party of the information Information to be disclosed as far in advance as is practical, and (3iii) exercise reasonable best efforts to obtain reliable assurance that the confidential nature of such Information shall be maintained.

Appears in 4 contracts

Samples: Separation and Distribution Agreement (PDL Biopharma, Inc.), Separation and Distribution Agreement (Facet Biotech Corp), Separation and Distribution Agreement (Facet Biotech Corp)

Protective Arrangements. In the event that either Party their respective or any member of such Party’s Group, either (ia) determines after consultation with counsel, in the opinion of such counsel that it is required by law Law to disclose any Information or (iib) receives any demand under lawful process or from any Governmental Authority to disclose or provide Information of the other Party or their respective Group that is subject to the confidentiality provisions hereof, such Party shall notify the other Party prior to disclosing or providing such Information and shall cooperate at the expense of the requesting party Party (and to the extent legally permissible) in seeking any reasonable protective arrangements requested by such other Party. Subject to the foregoing, the Party that received such request may thereafter thereafter: (1i) furnish only that portion of the Confidential Information that is legally required, ; (2ii) give notice to the other Party of the information to be disclosed as far in advance as is practical, ; and (3iii) exercise commercially reasonable best efforts to obtain reliable assurance that the confidential nature of such Information shall be maintained.

Appears in 2 contracts

Samples: Separation Agreement (Symmetry Surgical Inc.), Separation Agreement (Symmetry Medical Inc.)

Protective Arrangements. In the event that either Party or their respective GroupAffiliates, either (ia) determines after consultation with counsel, in the opinion of such counsel that it is required by law to disclose any Information Information, or (iib) receives any demand under lawful process or from any Governmental Authority Entity to disclose or provide Information of the other Party or their respective Group subsidiaries that is subject to the confidentiality provisions hereof, such Party shall notify the other Party prior to disclosing or providing such Information and shall cooperate at the expense of the requesting party (and to the extent legally permissible) in seeking any reasonable protective arrangements requested by such other Party. Subject to the foregoing, the Party that received such request may thereafter (1x) furnish only that portion of the Confidential Information that is legally required, (2y) give notice to the other Party of the information Information to be disclosed as far in advance as is practical, and (3z) exercise reasonable best efforts to obtain reliable assurance that the confidential nature of such Information shall be maintained.

Appears in 2 contracts

Samples: Separation and Distribution Agreement (Q2 Holdings, Inc.), Separation and Distribution Agreement (Q2 Holdings, Inc.)

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Protective Arrangements. In the event that either Party their respective or any member of such Party’s Group, either (ia) determines after consultation with counsel, in the opinion of such counsel that it is required by law Law to disclose any Information of the other Party or its Group or (iib) receives any demand under lawful process or from any Governmental Authority to disclose or provide Information of the other Party or their respective its Group that is subject to the confidentiality provisions hereof, such Party shall notify the other Party prior to disclosing or providing such Information and shall cooperate at the expense of the requesting party Party (and to the extent legally permissible) in seeking any reasonable protective arrangements requested by such other Party. Subject to the foregoing, the Party that received such request may thereafter thereafter: (1i) furnish only that portion of the Confidential Information that is legally required, (2ii) give notice to the other Party of the information Information to be disclosed as far in advance as is practical, and (3iii) exercise commercially reasonable best efforts to obtain reliable assurance that the confidential nature of such Information shall be maintained.

Appears in 2 contracts

Samples: Transition Services Agreement (Symmetry Surgical Inc.), Transition Services Agreement (Symmetry Surgical Inc.)

Protective Arrangements. In the event that either Party their respective or any member of such Party’s Group, either (ia) determines after consultation with counsel, in the opinion of such counsel that it is required by law Law to disclose any Information or (iib) receives any demand under lawful process or from any Governmental Authority to disclose or provide Information of the other Party or their respective Group that is subject to the confidentiality provisions hereof, such Party shall notify the other Party prior to disclosing or providing such Information and shall cooperate at the expense of the requesting party Party (and to the extent legally permissible) in seeking any reasonable protective arrangements requested by such other Party. Subject to the foregoing, the Party that received such request may thereafter thereafter: (1i) furnish only that portion of the Confidential Information that is legally required, (2ii) give notice to the other Party of the information to be disclosed as far in advance as is practical, and (3iii) exercise reasonable best efforts to obtain reliable assurance that the confidential nature of such Information shall be maintained.

Appears in 2 contracts

Samples: Separation and Redemption Agreement (Sizmek Inc.), Separation and Redemption Agreement (New Online Co)

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