Qualified Persons. The only persons who may review the Confidential Information shall be the persons described below who have a need to know the Confidential Information for the purposes set for in Section 1 ("Qualified Persons"): (i) partners, officers, directors, employers, agents, representatives, of “Buyer”; (ii) “Buyer’s counsel, accountants, financial advisors, or other independent experts retained by “Buyer” in connection herewith; (iii) “Buyer’s lender(s), partner(s), or investor(s) providing acquisition funding; (iv) insurance and reinsurance companies or parties provided credit enhancement; and (v) credit rating agencies. Prior to disclosing any Confidential Information to any Qualified Person, “Buyer” shall (i) inform each of its Qualified Persons receiving the Confidential Information of the confidential nature of the Confidential Information and of the restrictions on reliance, contracts, its use and disclosure provided in this Agreement, (ii) direct its Qualified Persons to treat the Confidential Information confidentially and not to use it other than in connection with the evaluation of the Assets, and (iii) be responsible for any contacts with obligors or other persons or use disclosure of the Confidential Information by “Buyer” or its Qualified Persons.
Appears in 3 contracts
Samples: Confidentiality Agreement, Confidentiality Agreement, Confidentiality Agreement
Qualified Persons. The only persons who may review the Confidential Information shall be the persons described below who have a need to know the Confidential Information for the purposes set for in Section 1 ("Qualified Persons"): (i) partners, officers, directors, employers, agents, representatives, of “Buyer”; (ii) “Buyer’s counsel, accountants, financial advisors, or other independent experts retained by “Buyer” in connection herewith; (iii) “Buyer’s lender(s), partner(s), or investor(s) providing acquisition funding; (iv) insurance and reinsurance companies or parties provided credit enhancement; and (v) credit rating agencies. Prior to disclosing any Confidential Information to any Qualified Person, “Buyer” shall (i) inform each of its Qualified Persons receiving the Confidential Information of the confidential nature of the Confidential Information and of the restrictions on reliance, contracts, its use and disclosure provided in this Agreement, (ii) direct its Qualified Persons to treat the Confidential Information confidentially and not to use it other than in connection with the evaluation of the Assets, and (iii) be responsible for any contacts with obligors or other persons or use disclosure of the Confidential Information by “Buyer” or its Qualified Persons.Information
Appears in 2 contracts
Samples: Confidentiality Agreement, Confidentiality Agreement
