Common use of Third-Party Due Diligence Clause in Contracts

Third-Party Due Diligence. The Underwriter shall not permit access by a third-party (other than any nationally recognized statistical rating organization involved in the rating of the Certificates) to any due diligence information provided by WFASC to the Underwriter (such information, "Due Diligence Information") without the consent of WFASC, which consent shall be in the sole discretion of WFASC; provided, however, that in the event that WFASC consents to the disclosure of such Due Diligence Information to a third-party, prior to providing any such Due Diligence Information, the Underwriter shall cause such third-party to enter into a confidentiality agreement with respect to such Due Diligence Information in a form prescribed by, or that is otherwise acceptable in form and substance to, WFASC. For purposes of this Section 11, Due Diligence Information shall not include any information communicated orally; provided that such information is not Confidential Information or material non-public information.

Third-Party Due Diligence. The No Underwriter shall not permit access by a third-party (other than any nationally recognized statistical rating organization involved in the rating of the CertificatesNotes) to any due diligence information provided by WFASC the Depositor to the Underwriter Underwriters (such information, "Due Diligence Information") without the consent of WFASCthe Depositor, which consent shall be in the sole discretion of WFASCthe Depositor; provided, however, that in the event that WFASC the Depositor consents to the disclosure of such Due Diligence Information to a third-party, prior to providing any such Due Diligence Information, the applicable Underwriter shall cause such third-party to enter into a confidentiality agreement with respect to such Due Diligence Information in a form prescribed by, or that is otherwise acceptable in form and substance to, WFASCthe Depositor. For purposes of this Section 11, Due Diligence Information shall not include any information communicated orally; provided that such information is not Confidential Information or material non-public information.