Common use of Transaction Personal Information Clause in Contracts

Transaction Personal Information. The Seller and the Purchaser shall comply with applicable Privacy Law in the course of collecting, using and disclosing Personal Information in connection with the transactions contemplated by this Agreement (the “Transaction Personal Information”). The Purchaser shall not disclose Transaction Personal Information it receives from the Seller or its Affiliates to any Person other than to its advisors who are evaluating and advising on the transactions contemplated by this Agreement. The Purchaser shall protect and safeguard the Transaction Personal Information received from the Seller or its Affiliates against unauthorized collection, access, use, modification, disclosure or destruction, in a manner that reflects the sensitivity of such Personal Information and shall cause its advisors to observe the terms of this Section 6.5 and to protect and safeguard Transaction Personal Information in their possession. Prior to the Closing Date, the Purchaser shall not collect, use or disclose Transaction Personal Information except as necessary for purposes that relate to the transactions contemplated by this Agreement and to the extent that the Transaction Personal Information is necessary to carry out and complete such transactions. If the Closing does occur, the Purchaser will collect, use and disclose the Transaction Personal Information disclosed to the Purchaser only for those purposes for which the Transaction Personal Information was initially collected from or in respect of the individuals to which such Transaction Personal Information relates unless (i) the Purchaser has first notified such individual of any intended additional purpose, and where required by applicable Privacy Laws, obtained the consent of such individual to such additional purpose, or (ii) such use or disclosure is permitted or authorized by applicable Privacy Laws, without notice to, or consent from, such individual. The Purchaser shall also give effect to any withdrawal of consent for continued collection, use or disclosure of Personal Information following Closing. If the Seller or the Purchaser terminate this Agreement as provided herein, the Purchaser shall promptly destroy or return to the Seller all Transaction Personal Information in the Purchaser’s possession or in the possession of any of the Purchaser’s Representatives, including all copies, reproductions, summaries or extracts thereof.

Appears in 2 contracts

Samples: Share Purchase Agreement (Williams Partners L.P.), Share Purchase Agreement (Williams Partners L.P.)

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Transaction Personal Information. The Seller and the Purchaser shall comply with applicable Privacy Law in the course of collecting, using and disclosing collect Transaction Personal Information in connection with prior to Closing only as necessary for purposes related to the transactions contemplated by this Agreement (Agreement, including in connection with its investigations of the “Transaction Personal Information”). The Purchaser Business and the Corporation, and shall not disclose Transaction Personal Information it receives from the Seller or its Affiliates to any Person other than to its advisors Representatives who are evaluating and advising on the transactions contemplated by this Agreement. If the Purchaser proceeds with the transactions contemplated by this Agreement, the Purchaser shall not, following the Closing, without the consent of the individuals to whom such Personal Information relates or as permitted or required by Applicable Law, use or disclose Transaction Personal Information for purposes other than those for which such Transaction Personal Information was collected by the Vendor or the Corporation prior to the Closing, and shall give effect to any withdrawal of consent made in accordance with Privacy Law. The Purchaser shall forthwith after the Closing, and in any event no later than 30 days after the Closing, notify in writing those individuals whose Transaction Personal Information was disclosed in connection with the transactions contemplated by this Agreement, that (a) the purchase of the Shares has been completed and (b) Transaction Personal Information about them was disclosed to the Purchaser in connection with such transactions. The Purchaser shall protect and safeguard the Transaction Personal Information received from the Seller or its Affiliates against unauthorized collection, accessuse or disclosure, use, modification, disclosure or destruction, in a manner that reflects the sensitivity of such Personal Information and as provided by Privacy Law. The Purchaser shall cause its advisors Representatives to observe the terms of this Section 6.5 7.8 and to protect and safeguard Transaction Personal Information in their possession. Prior to the Closing Date, the Purchaser shall not collect, use or disclose Transaction Personal Information except as necessary for purposes that relate to the transactions contemplated by this Agreement and to the extent that the Transaction Personal Information is necessary to carry out and complete such transactions. If the Closing does occur, the Purchaser will collect, use and disclose the Transaction Personal Information disclosed to the Purchaser only for those purposes for which the Transaction Personal Information was initially collected from or in respect of the individuals to which such Transaction Personal Information relates unless (i) the Purchaser has first notified such individual of any intended additional purpose, and where required by applicable Privacy Laws, obtained the consent of such individual to such additional purpose, or (ii) such use or disclosure is permitted or authorized by applicable Privacy Laws, without notice to, or consent from, such individual. The Purchaser shall also give effect to any withdrawal of consent for continued collection, use or disclosure of Personal Information following Closing. If the Seller Vendor or the Purchaser terminate terminates this Agreement as provided herein, the Purchaser shall promptly destroy or return deliver to the Seller Vendor all Transaction Personal Information in the Purchaser’s its possession or in the possession of any of the Purchaser’s its Representatives, including all copies, reproductions, summaries or extracts thereof.

Appears in 1 contract

Samples: Share Purchase Agreement

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Transaction Personal Information. The Seller and the Purchaser shall comply with applicable Privacy Law in the course of collecting, using and disclosing collect Transaction Personal Information in connection with prior to Closing only as necessary for purposes related to the transactions contemplated by this Agreement (Agreement, including in connection with its investigations of the “Transaction Personal Information”). The Purchaser Business and the Corporation, and shall not disclose Transaction Personal Information it receives from the Seller or its Affiliates to any Person other than to its advisors Representatives who are evaluating and advising on the transactions contemplated by this Agreement. If the Purchaser proceeds with the transactions contemplated by this Agreement, the Purchaser shall not, following the Closing, without the consent of the individuals to whom such Personal Information relates or as permitted or required by Applicable Law, use or disclose Transaction Personal Information for purposes other than those for which such Transaction Personal Information was collected by the Vendor or the Corporation prior to the Closing, and shall give effect to any withdrawal of consent made in accordance with Privacy Law. The Purchaser shall forthwith after the Closing, and in any event no later than 30 days after the Closing, notify in writing those individuals whose Transaction Personal Information was disclosed in connection with the transactions contemplated by this Agreement, that (a) the purchase of the Shares has been completed and (b) Transaction Personal Information about them was disclosed to the Purchaser in connection with such transactions. The Purchaser shall protect and safeguard the Transaction Personal Information received from the Seller or its Affiliates against unauthorized collection, accessuse or disclosure, use, modification, disclosure or destruction, in a manner that reflects the sensitivity of such Personal Information and as provided by Privacy Law. The Purchaser shall cause its advisors Representatives to observe the terms of this Section 6.5 7.9 and to protect and safeguard Transaction Personal Information in their possession. Prior to the Closing Date, the Purchaser shall not collect, use or disclose Transaction Personal Information except as necessary for purposes that relate to the transactions contemplated by this Agreement and to the extent that the Transaction Personal Information is necessary to carry out and complete such transactions. If the Closing does occur, the Purchaser will collect, use and disclose the Transaction Personal Information disclosed to the Purchaser only for those purposes for which the Transaction Personal Information was initially collected from or in respect of the individuals to which such Transaction Personal Information relates unless (i) the Purchaser has first notified such individual of any intended additional purpose, and where required by applicable Privacy Laws, obtained the consent of such individual to such additional purpose, or (ii) such use or disclosure is permitted or authorized by applicable Privacy Laws, without notice to, or consent from, such individual. The Purchaser shall also give effect to any withdrawal of consent for continued collection, use or disclosure of Personal Information following Closing. If the Seller Vendor or the Purchaser terminate terminates this Agreement as provided herein, the Purchaser shall promptly destroy or return deliver to the Seller Vendor all Transaction Personal Information in the Purchaser’s its possession or in the possession of any of the Purchaser’s its Representatives, including all copies, reproductions, summaries or extracts thereof.

Appears in 1 contract

Samples: Share Purchase Agreement (Alio Gold Inc.)

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