Treatment of Certain Information. The Bank agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Bank’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) in connection with any litigation to which the Bank is a party, (vi) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such Borrower; and (vii) to the extent such Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 5 contracts
Samples: Credit Agreement (Investment Managers Series Trust), Credit Agreement (Investment Managers Series Trust), Credit Agreement (Investment Managers Series Trust)
Treatment of Certain Information. The Bank Each Lender, the Issuer and the Administrative Agent agrees with each Borrower to use reasonable precautions maintain as confidential and not to keep confidentialdisclose, in accordance with publish or disseminate to any third parties any financial or other information relating to the Bank’s customary procedures for handling confidential information business, operations and condition, financial or otherwise, of the same natureBorrower provided to it, all non-except if and to the extent that:
(a) such information is in the public information supplied by such Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential domain at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and disclosure;
(b) as of any date of determination, was received such information is required to be disclosed by the Bank within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, process or applicable law or regulations;
(c) such information is required or requested by to be disclosed to any bank regulatory authority, or administrative body or commission to whose jurisdiction it may be subject;
(iiid) on a confidential basis, such information is disclosed to prospective lenders or their its counsel, (iv) to auditors or accountantsother professional advisors;
(e) such information is disclosed to (and, unless and any analogous counterpart thereofuntil it receives written objection from the Borrower, the Borrower shall be deemed to have consented to disclosure of such information to) its affiliates (vand its affiliates’ officers, directors and employees), provided that such information shall be used in connection with this Agreement and the transactions contemplated hereby;
(f) such information is disclosed to its officers, directors and employees;
(g) such information is disclosed with the prior written consent of the party furnishing the information;
(h) such information is disclosed in connection with any litigation or dispute involving the Borrower and/or it;
(i) such information is disclosed in connection with the sale of a participation or other disposition by it of any of its interest in this Agreement, provided that such information shall not be disclosed unless and until the party to which whom it shall be disclosed shall have agreed to keep such information confidential as set forth herein;
(j) such information was in its possession or in its affiliate’s possession as shown by clear and convincing evidence prior to any of the Bank Borrower and/or any or the Borrower’s representatives or agents furnishing such information to it; or
(k) such information is received by it, without restriction as to its disclosure or use, from a partyPerson who, (vi) to its knowledge or reasonable belief, was not prohibited from disclosing such information by any duty of confidentiality. Except to the extent such Information (A) becomes publicly available other than prohibited or restricted by law or Governmental Authority, each Lender shall notify the Borrower promptly of any disclosures of information made by it as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such Borrower; and (vii) to the extent such Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it permitted pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1h) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreementabove.
Appears in 4 contracts
Samples: 364 Day Credit Agreement (CVS/Caremark Corp), Credit Agreement (CVS Corp), Credit Agreement (CVS/Caremark Corp)
Treatment of Certain Information. The Bank Each Lender agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Banksuch Lender’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such Borrower the Borrowers pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Banksuch Lender, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any the date of determination, was received by the Bank such Lender within the immediately preceding two year period (“Information”), provided, however, provided that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties Parties, or (on a confidential basis) to any direct, indirect or prospective counterparty (and its advisor), to any swap, derivative or securitization transaction related to the obligations under this Credit Agreement, as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or participants or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) in connection with any litigation to which the Bank such Lender is a party, (vi) on a confidential basis, to any rating agency, insurer or insurance broker, or direct or indirect provider of credit protection to a Lender or any of its Related Parties, (vii) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank such Lender on a non-confidential basis from a source other than such a Borrower, or (C) was available to the Bank such Lender on a non-confidential basis prior to its disclosure to the Bank such Lender by such a Borrower; and (viiviii) to the extent such Borrower the Borrowers shall have consented to such disclosure in writing. The Bank Each Lender agrees that it will not purchase or sell securities of a Fund for its own account while in possession of any Information. Each Lender acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such a Borrower, its Related Parties or such Borrower’s a Related Fund, or its securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Credit Document, no provision thereof shall (1) restrict the Bank any Lender from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank any Lender to disclose to such any Borrower, any Affiliate of any Borrower or any affiliate Fund that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank any Lender to inform such any Borrower, any Affiliate of any Borrower or any affiliate Fund of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Highland Floating Rate Fund), Credit Agreement (Highland Funds I)
Treatment of Certain Information. The Bank Each Credit Party agrees with each the Borrower to use reasonable precautions to keep confidential, in accordance with the Banksuch Credit Party’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Bank, or (iia) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank such Credit Party within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) on a confidential basis, to such of its respective service providers and Related Parties as need to know such InformationParties, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) in connection with any litigation to which the Bank such Credit Party is a party, (vi) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank such Credit Party on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank such Credit Party on a non-confidential basis prior to its disclosure to such Credit Party by the Bank by such Borrower; and (vii) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank Each Credit Party acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such the Borrower, its Related Parties or such the Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank any Credit Party from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank any Credit Party to disclose to such the Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank any Credit Party to inform such the Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Blackstone / GSO Floating Rate Enhanced Income Fund), Credit Agreement (Blackstone / GSO Floating Rate Enhanced Income Fund)
Treatment of Certain Information. The Bank agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Bank’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank within the immediately preceding two three year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) in connection with any litigation to which the Bank is a party, (vi) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such the Borrower; and (vii) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such the Borrower, its Related Parties or such the Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such the Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such the Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Tortoise Energy Independence Fund, Inc.), Credit Agreement (Tortoise Power & Energy Infrastructure Fund Inc)
Treatment of Certain Information. The Bank Each Credit Party agrees with each the Borrower to use reasonable precautions to keep confidential, in accordance with the Banksuch Credit Party’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Bank, or (iia) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank such Credit Party within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) on a confidential basis, to such of its respective Related Parties as need to know such Informationand service providers, (ii) on a confidential basis, to any direct, indirect or prospective counterparty (and its advisors), to any swap, derivative or securitization transaction related to the obligations under this Credit Agreement, (iii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iiiiv) on a confidential basis, to prospective lenders or participants or their counsel, (ivv) to auditors or accountants, and any analogous counterpart thereof, (vvi) on a confidential basis, to any rating agency, insurer or insurance broker, or direct or indirect provider of credit protection to a Credit Party or any of its Related Parties, (vii) in connection with any litigation to which the Bank such Credit Party is a party, (viviii) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank such Credit Party on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank such Credit Party on a non-confidential basis prior to its disclosure to such Credit Party by the Bank by such Borrower; and (viiix) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank Each Credit Party acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such the Borrower, its Related Parties or such the Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank any Credit Party from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank any Credit Party to disclose to such the Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank any Credit Party to inform such the Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 2 contracts
Samples: Credit Agreement (ClearBridge Energy MLP Fund Inc.), Credit Agreement (ClearBridge Energy MLP Opportunity Fund Inc.)
Treatment of Certain Information. The Bank agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Bank’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such InformationInformation and agree to keep such information confidential, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) in connection with any litigation to which the Bank is a party, (vi) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such the Borrower; and (vii) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such the Borrower, its Related Parties or such the Borrower’s 's securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank from providing information to Federal Reserve Board of Governors supervisory staff, (2) require or permit, without the prior approval of the Federal ReserveBoard of Governors, the Bank to disclose to such the Borrower or any affiliate that any information will be or was provided to Federal Reserve Board of Governors supervisory staff, or (3) require or permit, without the prior approval of the Federal ReserveBoard of Governors, the Bank to inform such the Borrower or any affiliate of a current or upcoming Federal Reserve Board of Governors examination or any nonpublic Federal Reserve Board of Governors supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Blackstone / GSO Long-Short Credit Income Fund), Credit Agreement (Blackstone / GSO Senior Floating Rate Term Fund)
Treatment of Certain Information. The Bank agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Bank’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecastsProjections, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) on a confidential basis, to such of its respective Related Parties as need to know such Informationand service providers, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) in connection with any litigation to which the Bank is a party, (vi) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such Borrower; and (vii) to the extent such Borrower shall have consented to such disclosure in writing. The Bank agrees that it will not purchase or sell securities of any Borrower for its own account while in possession of any Information with respect to such Borrower. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Tweedy, Browne Fund Inc.), Credit Agreement (Tweedy, Browne Fund Inc.)
Treatment of Certain Information. The Bank Each Lender and the Administrative Agent agrees with each Borrower to use reasonable precautions maintain as confidential and not to keep confidentialdisclose, in accordance with publish or disseminate to any third parties any financial or other information relating to the Bank’s customary procedures for handling confidential information business, operations and condition, financial or otherwise, of the same natureBorrower provided to it, all non-except if and to the extent that:
(a) such information is in the public information supplied by such Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential domain at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and disclosure;
(b) as of any date of determination, was received such information is required to be disclosed by the Bank within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, process or applicable law or regulations;
(c) such information is required or requested by to be disclosed to any bank regulatory authority, or administrative body or commission to whose jurisdiction it may be subject;
(iiid) on a confidential basis, such information is disclosed to prospective lenders or their its counsel, (iv) to auditors or accountantsother professional advisors;
(e) such information is disclosed to (and, unless and any analogous counterpart thereofuntil it receives written objection from the Borrower, the Borrower shall be deemed to have consented to disclosure of such information to) its affiliates (vand its affiliates’ officers, directors and employees), provided that such information shall be used in connection with this Agreement and the transactions contemplated hereby;
(f) such information is disclosed to its officers, directors and employees;
(g) such information is disclosed with the prior written consent of the party furnishing the information;
(h) such information is disclosed in connection with any litigation or dispute involving the Borrower and/or it;
(i) such information is disclosed in connection with the sale of a participation or other disposition by it of any of its interest in this Agreement, provided that such information shall not be disclosed unless and until the party to which whom it shall be disclosed shall have agreed to keep such information confidential as set forth herein;
(j) such information was in its possession or in its affiliate’s possession as shown by clear and convincing evidence prior to any of the Bank Borrower and/or any or the Borrower’s representatives or agents furnishing such information to it; or
(k) such information is received by it, without restriction as to its disclosure or use, from a partyPerson who, (vi) to its knowledge or reasonable belief, was not prohibited from disclosing such information by any duty of confidentiality. Except to the extent such Information (A) becomes publicly available other than prohibited or restricted by law or Governmental Authority, each Lender shall notify the Borrower promptly of any disclosures of information made by it as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such Borrower; and (vii) to the extent such Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it permitted pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1h) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreementabove.
Appears in 2 contracts
Samples: Bridge Credit Agreement (CVS Corp), 364 Day Credit Agreement (CVS Corp)
Treatment of Certain Information. The Bank Each Credit Party agrees with each Borrower to use reasonable precautions maintain as confidential and not to keep confidentialdisclose, in accordance with publish or disseminate to any third parties any financial or other information relating to the Bank’s customary procedures for handling confidential information business, operations and condition, financial or otherwise, of the same natureBorrower provided to it, all non-except if and to the extent that:
(a) such information is in the public information supplied by such Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential domain at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and disclosure;
(b) as of any date of determination, was received such information is required to be disclosed by the Bank within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, process or applicable law or regulations;
(c) such information is required or requested by to be disclosed to any bank regulatory authority, or administrative body or commission to whose jurisdiction it may be subject;
(iiid) on a confidential basis, such information is disclosed to prospective lenders or their its counsel, (iv) to auditors or accountantsother professional advisors;
(e) such information is disclosed to (and, unless and any analogous counterpart thereofuntil it receives written objection from the Borrower, the Borrower shall be deemed to have consented to disclosure of such information to) its affiliates (vand its affiliates’ officers, directors and employees), provided that such information shall be used in connection with this Agreement and the transactions contemplated hereby;
(f) such information is disclosed to its officers, directors and employees;
(g) such information is disclosed with the prior written consent of the party furnishing the information;
(h) such information is disclosed in connection with any litigation or dispute involving the Borrower and/or it;
(i) such information is disclosed in connection with the sale of a participation or other disposition by it of any of its interest in this Agreement, provided that such information shall not be disclosed unless and until the party to which whom it shall be disclosed shall have agreed to keep such information confidential as set forth herein;
(j) such information was in its possession or in its affiliate’s possession as shown by clear and convincing evidence prior to any of the Bank Borrower and/or any or the Borrower’s representatives or agents furnishing such information to it; or
(k) such information is received by it, without restriction as to its disclosure or use, from a partyPerson who, (vi) to its knowledge or reasonable belief, was not prohibited from disclosing such information by any duty of confidentiality. Except to the extent such Information (A) becomes publicly available other than prohibited or restricted by law or Governmental Authority, each Lender shall notify the Borrower promptly of any disclosures of information made by it as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such Borrower; and (vii) to the extent such Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it permitted pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1h) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreementabove.
Appears in 2 contracts
Samples: Bridge Credit Agreement (CVS/Caremark Corp), Bridge Credit Agreement (Blue MergerSub Corp.)
Treatment of Certain Information. The Bank Each Lender agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Banksuch Lender’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(ia) (i) is clearly identified by such Person as being confidential at the time the same is delivered to the Banksuch Lender, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank such Lender within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties Parties, or (on a confidential basis) to any direct, indirect or prospective counterparty (and its advisor), to any swap, derivative or securitization transaction related to the obligations under this Credit Agreement, as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or participants or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) on a confidential basis, to any rating agency, insurer or insurance broker, or direct or indirect provider of credit protection to a Lender or any of its Related Parties, (vi) in connection with any litigation to which the Bank such Lender is a party, (vivii) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank such Lender on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank such Lender on a non-confidential basis prior to its disclosure to such Lender by the Bank by such Borrower; and (viiviii) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank Each Lender agrees that it will not purchase or sell securities of the Borrower for its own account while in possession of any Information. Each Lender acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such the Borrower, its Related Parties or such the Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Credit Document, no provision thereof shall (1) restrict the Bank any Lender from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank any Lender to disclose to such the Borrower or any affiliate Affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank any Lender to inform such the Borrower or any affiliate Affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract
Samples: Credit Agreement (Aberdeen Asia-Pacific Income Fund Inc)
Treatment of Certain Information. The Bank agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Bank’s customary procedures for handling confidential information Each of the same nature, all non-public information supplied by such Borrower pursuant Administrative Agent and the Lenders agrees to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at maintain the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunderconfidentiality of, and not to disclose to any Person, the Information (b) as of any date of determination, was received by the Bank within the immediately preceding two year period (“Information”defined below), provided, however, except that nothing herein shall limit the disclosure of any such Information may be disclosed (i) to such of its respective Affiliates, its auditors and its and their respective Related Parties as need (and, if such Person is a member of the Blackstone Entities, then it may make disclosures to know any other member of the Blackstone Entities) (it being understood that the Persons to whom such Informationdisclosure is made will be informed of the confidential nature of such Information and instructed to keep such Information confidential), (ii) to the extent required or requested by applicable laws any regulatory authority purporting to have jurisdiction over such Person or its Related Parties (including any self-regulatory authority, such as the National Association of Insurance Commissioners) (in which case the disclosing Administrative Agent or Lender, as applicable, agrees (except with respect to any audit or examination conducted by bank accountants or any governmental regulatory authority or self-regulatory authorities exercising examination or regulatory authority), to the extent not prohibited by Applicable Law, to promptly notify the Borrower of such disclosure, (iii) to the extent required by Applicable Laws or regulations or by any subpoena or similar legal process, in each case based upon the reasonable advice of the disclosing Administrative Agent’s or requested Lender’s legal counsel (in which case the disclosing Administrative Agent or Lender, as applicable, agrees (except with respect to any audit or examination conducted by bank accountants or any governmental bank regulatory authority or self-regulatory authorities exercising examination or regulatory authority, (iii) on a confidential basis), to prospective lenders or their counselthe extent not prohibited by Applicable Law, to promptly notify the Borrower of such disclosure, (iv) to auditors or accountants, and any analogous counterpart thereofother party hereto, (v) in connection with the exercise of any litigation remedies hereunder or under any other Loan Document or any action or proceeding relating to which this Agreement or any other Loan Document or the Bank is a partyenforcement of rights hereunder or thereunder, (vi) subject to an agreement containing provisions substantially the same (or at least as restrictive) as those of this Section 11.07 (or as may otherwise be reasonably acceptable to the Borrower), to (A) any assignee of or Participant in, or any prospective assignee of or Participant in, any of its rights and obligations under this Agreement; provided that no such disclosure shall be made by such Lender or any of its respective Affiliates to any such Person that is a Disqualified Institution or that does not agree to be bound by the provisions of this Section 11.07(a); or (B) any actual or prospective party (or its Related Parties) to any swap, derivative or other transaction under which payments are to be made by reference to the Borrower and its obligations, this Agreement or payments hereunder, (vii) on a confidential basis to (A) any rating agency in connection with rating the Borrower or its Subsidiaries or the credit facilities provided hereunder or (B) the provider of any Platform or other electronic delivery service used by the Administrative Agent to deliver Borrower Materials or notices to the Lenders, (viii) with the consent of the Borrower or (ix) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit AgreementSection 11.07, (B) becomes available to the Bank Administrative Agent, any Lender or any of their respective Affiliates on a non-confidential nonconfidential basis from a source other than such the Borrower or on the Borrower, ’s behalf and not in violation of any confidentiality agreement or obligation owed to the Borrower or (C) was is already in the possession of or is independently discovered or developed by a party hereto without utilizing any Information received from the Borrower or violating the terms of this Section 11.07. For purposes of this Section 11.07, “Information” means all information received from, or on behalf of, the Borrower or any Subsidiary relating to the Borrower or any Subsidiary or any of their respective businesses, whether before or after the date of this Agreement, and any analyses, compilations, forecasts, and/or other documents prepared by the Lender or its Affiliates containing or based in whole or in part on any such furnished non-public information, other than any such information that is available to the Bank Administrative Agent or any Lender on a non-confidential nonconfidential basis prior to its disclosure to by the Bank by such Borrower; and (vii) to the extent such Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such Borrower or any affiliate that any information will Subsidiary. Any Person required to maintain the confidentiality of Information as provided in this Section 11.07 shall be or was provided considered to Federal Reserve supervisory staff, or (3) require or permit, without have complied with its obligation to do so if such Person has exercised the prior approval same degree of care to maintain the Federal Reserveconfidentiality of such Information as such Person would accord to its own confidential information. In addition, the Bank Administrative Agent and the Lenders may disclose the existence of this Agreement and information about this Agreement to inform such Borrower or any affiliate market data collectors, similar service providers to the lending industry and service providers to the Administrative Agent and the Lenders in connection with the administration of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or Agreement, the other Loan Documents and the Commitments; provided that such Person is advised of their obligation to keep information of this type confidential. This Section 11.07 shall prevent any survive the termination of this Agreement and the parties hereto repayment, satisfaction or discharge of all Obligations but shall terminate on the later of (x) with respect to Information specifically identified by the Borrower as a trade secret, until such Information no longer constitutes a trade secret under applicable law, and (y) with respect to Information specifically identified by the Borrower related to third-party agreements subject to specific restrictions concerning disclosure of such information to sources of capital and their respective directorsadvisers, officers, employees, agents and advisors from disclosing to any and all Persons until the Tax treatment and Tax structure applicable term of such restrictions specified in the transactions contemplated by this Credit Agreementapplicable agreement have lapsed.
Appears in 1 contract
Treatment of Certain Information. The Bank Each Lender and the Administrative Agent agrees with each Borrower to use reasonable precautions maintain as confidential and not to keep confidentialdisclose, in accordance with publish or disseminate to any third parties any financial or other information relating to the Bank’s customary procedures for handling confidential information business, operations and condition, financial or otherwise, of the same natureBorrower provided to it, all non-except if and to the extent that:
(a) such information is in the public information supplied by such Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential domain at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and disclosure;
(b) as of any date of determination, was received such information is required to be disclosed by the Bank within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, process or applicable law or regulations;
(c) such information is required or requested by to be disclosed to any bank regulatory authority, or administrative body or commission to whose jurisdiction it may be subject;
(iiid) on a confidential basis, such information is disclosed to prospective lenders or their its counsel, (iv) to auditors or accountantsother professional advisors;
(e) such information is disclosed to (and, unless and any analogous counterpart thereofuntil it receives written objection from the Borrower, the Borrower shall be deemed to have consented to disclosure of such information to) its affiliates (vand its affiliates' officers, directors and employees), provided that such information shall be used in connection with this Agreement and the transactions contemplated hereby;
(f) such information is disclosed to its officers, directors and employees;
(g) such information is disclosed with the prior written consent of the party furnishing the information;
(h) such information is disclosed in connection with any litigation or dispute involving the Borrower and/or it;
(i) such information is disclosed in connection with the sale of a participation or other disposition by it of any of its interest in this Agreement, provided that such information shall not be disclosed unless and until the party to which whom it shall be disclosed shall have agreed to keep such information confidential as set forth herein;
(j) such information was in its possession or in its affiliate's possession as shown by clear and convincing evidence prior to any of the Bank Borrower and/or any or the Borrower's representatives or agents furnishing such information to it; or
(k) such information is received by it, without restriction as to its disclosure or use, from a partyPerson who, (vi) to its knowledge or reasonable belief, was not prohibited from disclosing such information by any duty of confidentiality. Except to the extent such Information (A) becomes publicly available other than prohibited or restricted by law or Governmental Authority, each Lender shall notify the Borrower promptly of any disclosures of information made by it as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such Borrower; and (vii) to the extent such Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it permitted pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1h) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreementabove.
Appears in 1 contract
Treatment of Certain Information. The Bank Each Lender, the Issuer and the Administrative Agent agrees with each Borrower to use reasonable precautions maintain as confidential and not to keep confidentialdisclose, in accordance with publish or disseminate to any third parties any financial or other information relating to the Bank’s customary procedures for handling confidential information business, operations and condition, financial or otherwise, of the same natureBorrower provided to it, all non-except if and to the extent that:
(a) such information is in the public information supplied by such Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential domain at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and disclosure;
(b) as of any date of determination, was received such information is required to be disclosed by the Bank within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, process or applicable law or regulations;
(c) such information is required or requested by to be disclosed to any bank regulatory authority, or administrative body or commission to whose jurisdiction it may be subject;
(iiid) on a confidential basis, such information is disclosed to prospective lenders or their its counsel, (iv) to auditors or accountantsother professional advisors;
(e) such information is disclosed to (and, unless and any analogous counterpart thereofuntil it receives written objection from the Borrower, the Borrower shall be deemed to have consented to disclosure of such information to) its affiliates; provided that such information shall be used in connection with this Agreement and the transactions contemplated hereby;
(vf) such information is disclosed to its officers, directors and employees;
(g) such information is disclosed with the prior written consent of the party furnishing the information;
(h) such information is disclosed in connection with any litigation to which or dispute involving the Bank Borrower and/or it;
(i) such information is a party, (vi) to disclosed in connection with the extent such Information (A) becomes publicly available other than as a result sale of a breach participation or other disposition by it of any of its interest in this Credit Agreement, provided that such information shall not be disclosed unless and until the party to whom it shall be disclosed shall have agreed to keep such information confidential as set forth herein; (Bj) becomes available to the Bank on a non-confidential basis from a source other than such Borrower, information was in its possession or (C) was available to the Bank on a non-confidential basis in its affiliate’s possession as shown by clear and convincing evidence prior to its disclosure to the Bank by such Borrower; and (vii) to the extent such Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, Borrower and/or any or the Borrower’s representatives or agents and advisors from disclosing furnishing such information to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.it; or
Appears in 1 contract
Samples: Credit Agreement (CVS Corp)
Treatment of Certain Information. The (a) Each Borrower acknowledges that from time to time financial advisory, investment banking and other services may be offered or provided to such Borrower or one or more of its Subsidiaries (in connection with this Agreement or otherwise) by any Bank or by one or more subsidiaries or affiliates of such Bank and such Borrower, subject to Section 12.13(b) hereof, hereby authorizes each Bank to share any information delivered to such Bank by such Borrower and its Subsidiaries pursuant to this Agreement, or in connection with the decision of such Bank to enter into this Agreement, to any such subsidiary or affiliate.
(b) Each of the Banks and Agents agrees with (on behalf of itself and each Borrower of its affiliates, directors, officers, employees and representatives) to use reasonable precautions to keep confidential, in accordance with the Bank’s their customary procedures for handling confidential information of the same naturenature and in accordance with safe and sound banking practices, all any non-public information supplied by such any Borrower or any of its Subsidiaries pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Banksuch Bank or Agent, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank within the immediately preceding two year period (“Information”), provided, however, PROVIDED that nothing herein shall limit the disclosure of any such Information information (i) to such of its respective Related Parties as need to know such Information, (ii) to the extent required by applicable laws statute, rule, regulation or regulations or by any subpoena or similar legal judicial process, (ii) to counsel for any of the Banks or requested by any bank regulatory authorityAgents, (iii) on a confidential basisto bank examiners, to prospective lenders auditors or their counselaccountants, (iv) to auditors any of the Agents or accountants, and any analogous counterpart thereofother Bank, (v) in connection with any litigation to which any one or more of the Bank Banks or any Agent is a party, (vi) to a subsidiary or affiliate of such Bank as provided in clause (a) above (provided that neither any Agent nor any Bank shall disclose any non-public information delivered by any Borrower or any of its Subsidiaries pursuant to this Agreement to any subsidiary or affiliate of any such Agent or any such Bank, as the extent such Information (A) becomes publicly available case may be, which is generally engaged in the securities business other than as a result in connection with (x) Commodity Hedging Agreements, Interest Rate Protection Agreements or Currency Hedging Agreements permitted pursuant to Section 9.08(f) hereof or (y) the syndication or participation of a breach the Commitments, Loans, Letter of Credit Interests or the sale of the Bankers' Acceptances under this Credit Agreement, (Bwithout the prior written consent of the Company) becomes available to the Bank on a non-confidential basis from a source other than such Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such Borrower; and (vii) to the extent any assignee or participant (or prospective assignee or participant) so long as such Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties assignee or such Borrower’s securities, participant (or prospective assignee or participant) first executes and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything delivers to the contrary contained respective Bank a Confidentiality Agreement substantially in any Loan Document, no provision thereof shall (1) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval form of the Federal Reserve, the Bank to disclose to such Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit AgreementExhibit J hereto.
Appears in 1 contract
Samples: Credit Agreement (Forest Oil Corp)
Treatment of Certain Information. The Bank agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Bank’s 's customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ ' certification delivered hereunder, and (b) as of any date of determination, was received by the Bank within the immediately preceding two year period (“"Information”"), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such Information, (ii) to the extent required by applicable laws 37 or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) in connection with any litigation to which the Bank is a party, (vi) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such the Borrower; and (vii) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such the Borrower or any affiliate Affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such the Borrower or any affiliate Affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract
Samples: Credit Agreement (First Trust/Four Corners Senior Floating Rate Income Fund)
Treatment of Certain Information. The Bank agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Bank’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such InformationInformation and agree to keep such information confidential, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authorityauthority (in which case the Bank agrees, except to the extent the Bank reasonably determines it would be prohibited from doing so by law, to use commercially reasonable efforts to inform the Borrower promptly thereof) (iii) on a confidential basis, to prospective lenders or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) in connection with any litigation to which the Bank is a party, (vi) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such the Borrower; and (vii) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank agrees that it will not purchase or sell securities of the Borrower for its own account while in possession of any Information. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such the Borrower, its Related Parties or such the Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such the Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such the Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract
Treatment of Certain Information. The Bank Each Lender agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Banksuch Lender’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(ia) (i) is clearly identified by such Person as being confidential at the time the same is delivered to the Banksuch Lender, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank such Lender within the immediately preceding two year period (“Information”), providedInformation”),provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties Parties, or (on a confidential basis) to any direct, indirect or prospective counterparty (and its advisor), to any swap, derivative or securitization transaction related to the obligations under this Credit Agreement, as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or participants or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) on a confidential basis, to any rating agency, insurer or insurance broker, or direct or indirect provider of credit protection to a Lender or any of its Related Parties, (vi) in connection with any litigation to which the Bank such Lender is a party, (vivii) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank such Lender on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank such Lender on a non-confidential basis prior to its disclosure to such Lender by the Bank by such Borrower; and (viiviii) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank Each Lender agrees that it will not purchase or sell securities of the Borrower for its own account while in possession of any Information. Each Lender acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such the Borrower, its Related Parties or such the Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Credit Document, no provision thereof shall (1) restrict the Bank any Lender from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank any Lender to disclose to such the Borrower or any affiliate Affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank any Lender to inform such the Borrower or any affiliate Affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract
Samples: Credit Agreement (Aberdeen Asia-Pacific Income Fund Inc)
Treatment of Certain Information. The Bank agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Bank’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such InformationInformation and agree to keep such information confidential, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) in connection with any litigation to which the Bank is a party, (vi) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such the Borrower; and (vii) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such the Borrower, its Related Parties or such the Borrower’s 's securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such the Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such the Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract
Samples: Credit Agreement (Blackstone / GSO Strategic Credit Fund)
Treatment of Certain Information. The Bank Each Lender agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Banksuch Lender’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(ia) is clearly identified by such Person as being confidential at the time the same is delivered to the Banksuch Lender, or (iib) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank within the immediately preceding two year period hereunder (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) on a confidential basis, to such of its respective Related Parties as need to know such Informationand service providers, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) in connection with any litigation to which the Bank such Lender is a party, (vi) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank such Lender on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank such Lender on a non-confidential basis prior to its disclosure to such Lender by the Bank by such Borrower; and (vii) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank any Lender from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank any Lender to disclose to such the Borrower or any affiliate Affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank any Lender to inform such the Borrower or any affiliate Affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract
Treatment of Certain Information. The Bank Each Lender agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Banksuch Lender’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(ia) is clearly identified by such Person as being confidential at the time the same is delivered to the Banksuch Lender, or (iib) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank within the immediately preceding two year period hereunder (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) in connection with any litigation to which the Bank such Lender is a party, (vi) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank such Lender on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank such Lender on a non-confidential basis prior to its disclosure to such Lender by the Bank by such Borrower; and (vii) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank any Lender from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank any Lender to disclose to such the Borrower or any affiliate Affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank any Lender to inform such the Borrower or any affiliate Affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract
Treatment of Certain Information. The Bank agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Bank’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank within the immediately preceding two three year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) in connection with any litigation to which the Bank is a party, (vi) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such the Borrower; and (vii) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank agrees that it will not purchase or sell securities of the Borrower for its own account while in possession of any Information. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such the Borrower, its Related Parties or such the Borrower’s 's securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such the Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such the Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract
Samples: Credit Agreement (Avenue Income Credit Strategies Fund)
Treatment of Certain Information. The Bank Each Lender agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Bank’s such Lender's customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(ia) is clearly identified by such Person as being confidential at the time the same is delivered to the Banksuch Lender, or (iib) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ ' certification delivered hereunder, and hereunder (b) as of any date of determination, was received by the Bank within the immediately preceding two year period (“"Information”"), provided, however, that nothing herein shall limit the disclosure of any such Information (i) on a confidential basis, to such of its respective Related Parties as need to know such Informationand service providers, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) in - 62 – connection with any litigation to which the Bank such Lender is a party, (vi) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank such Lender on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank such Lender on a non-confidential basis prior to its disclosure to such Lender by the Bank by such Borrower; and (vii) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank any Lender from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank any Lender to disclose to such the Borrower or any affiliate Affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank any Lender to inform such the Borrower or any affiliate Affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract
Treatment of Certain Information. The Bank agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Bank’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) in connection with any litigation to which the Bank is a party, (vi) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such the Borrower; and (vii) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank agrees that it will not purchase or sell securities of the Borrower for its own account while in possession of any Information. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such the Borrower, its Related Parties or such the Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such the Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such the Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract
Samples: Credit Agreement (Highland Floating Rate Advantage Fund)
Treatment of Certain Information. The Bank Each Lender agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Banksuch Lender’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(ia) (i) is clearly identified by such Person as being confidential at the time the same is delivered to the Banksuch Lender, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank such Lender within the immediately preceding two year period (“Information”), providedInformation”),provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties Parties, or (on a confidential basis) to any direct, indirect or prospective counterparty (and its advisor), to any swap, derivative or securitization transaction related to the obligations under this Credit Agreement, as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or participants or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) on a confidential basis, to any rating agency, insurer or insurance broker, or direct or indirect provider of credit protection to a Lender or any of its Related Parties, (vi) in connection with any litigation to which the Bank such Lender is a party, (vivii) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank such Lender on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank such Lender on a non-confidential basis prior to its disclosure to such Lender by the Bank by such Borrower; and (viiviii) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank Each Lender agrees that it will not purchase or sell securities of the Borrower for its own account while in possession of any Information. Each Lender acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such the Borrower, its Related Parties or such the Borrower’s 's securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Credit Document, no provision thereof shall (1) restrict the Bank any Lender from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank any Lender to disclose to such the Borrower or any affiliate Affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank any Lender to inform such the Borrower or any affiliate Affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract
Samples: Credit Agreement (Aberdeen Asia-Pacific Income Fund Inc)
Treatment of Certain Information. The Bank Each Lender agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Banksuch Lender’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Banksuch Lender, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank such Lender within the immediately preceding two one year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties Parties, or (on a confidential basis) to any direct, indirect or prospective counterparty (and its advisor), to any swap, derivative or securitization transaction related to the obligations under this Credit Agreement, as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or participants or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) on a confidential basis, to any rating agency, insurer or insurance broker, or direct or indirect provider of credit protection to a Lender or any of its Related Parties, (vi) in connection with any litigation to which the Bank such Lender is a party, (vivii) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank such Lender on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank such Lender on a non-confidential basis prior to its disclosure to such Lender by the Bank by such Borrower; and (viiviii) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank Each Lender agrees that it will not purchase or sell securities of the Borrower for its own account while in possession of any Information. Each Lender acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such the Borrower, its Related Parties or such the Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Credit Document, no provision thereof shall (1) restrict the Bank any Lender from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank any Lender to disclose to such the Borrower or any affiliate Affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank any Lender to inform such the Borrower or any affiliate Affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract
Treatment of Certain Information. The Bank agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Bank’s customary procedures for handling confidential information Each of the same nature, all non-public information supplied by such Borrower pursuant Administrative Agent and the Lenders agrees to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at maintain the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunderconfidentiality of, and not to disclose to any Person, the Information (b) as of any date of determination, was received by the Bank within the immediately preceding two year period (“Information”defined below), provided, however, except that nothing herein shall limit the disclosure of any such Information may be disclosed (i) to such of its respective Affiliates, its auditors and its and their respective Related Parties as need (and, if such Person is a member of the Blackstone Entities, then it may make disclosures to know any other member of the Blackstone Entities) (it being understood that the Persons to whom such Informationdisclosure is made will be informed of the confidential nature of such Information and instructed to keep such Information confidential), (ii) to the extent required or requested by applicable laws any regulatory authority purporting to have jurisdiction over such Person or its Related Parties (including any self-regulatory authority, such as the National Association of Insurance Commissioners) (in which case the disclosing Administrative Agent or Lender, as applicable, agrees (except with respect to any audit or examination conducted by bank accountants or any governmental regulatory authority or self-regulatory authorities exercising examination or regulatory authority), to the extent not prohibited by Applicable Law, to promptly notify the Borrower of such disclosure, (iii) to the extent required by Applicable Laws or regulations or by any subpoena or similar legal process, in each case based upon the reasonable advice of the disclosing Administrative Agent’s or requested Lender’s legal counsel (in which case the disclosing Administrative Agent or Lender, as applicable, agrees (except with respect to any audit or examination conducted by bank accountants or any governmental bank regulatory authority or self-regulatory authorities exercising examination or regulatory authority, (iii) on a confidential basis), to prospective lenders or their counselthe extent not prohibited by Applicable Law, to promptly notify the Borrower of such disclosure, (iv) to auditors or accountants, and any analogous counterpart thereofother party hereto, (v) in connection with the exercise of any litigation remedies hereunder or under any other Loan Document or any action or proceeding relating to which this Agreement or any other Loan Document or the Bank is a partyenforcement of rights hereunder or thereunder, (vi) subject to an agreement containing provisions substantially the same (or at least as restrictive) as those of this Section 11.07 (or as may otherwise be reasonably acceptable to the extent such Information Borrower), to (A) becomes publicly available other than as any assignee of or Participant in, or any prospective assignee of or Participant in, any of its rights and obligations under this Agreement; provided that no such disclosure shall be made by such Lender or any of its respective Affiliates to any such Person that is a result of a breach Disqualified Institution or that does not agree to be bound by the provisions of this Credit Agreement, Section 11.07(a); or (B) becomes available to the Bank on a non-confidential basis from a source other than such Borrower, any actual or prospective party (C) was available to the Bank on a non-confidential basis prior to or its disclosure to the Bank by such Borrower; and (viiRelated Parties) to the extent such Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such Borrowerany swap, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract
Treatment of Certain Information. The Bank agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Bank’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank within the immediately preceding two three year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such InformationParties, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to other parties to the Loan Documents or to prospective lenders or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) in connection with any litigation to which the Bank is a party, (vi) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such the Borrower; ;, (viivi) on a confidential basis, to service providers for the Bank and its Affiliates, and (viiviiivii) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such the Borrower, its Related Parties or such the Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such the Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such the Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract
Samples: Credit Agreement (Tortoise Energy Independence Fund, Inc.)
Treatment of Certain Information. The Bank Each Lender, the Issuer and the Administrative Agent agrees with each Borrower to use reasonable precautions maintain as confidential and not to keep confidentialdisclose, in accordance with publish or disseminate to any third parties any financial or other information relating to the Bank’s customary procedures for handling confidential information business, operations and condition, financial or otherwise, of the same natureBorrower provided to it, all non-except if and to the extent that:
(a) such information is in the public information supplied by such Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential domain at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and disclosure;
(b) as of any date of determination, was received such information is required to be disclosed by the Bank within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, process or applicable law or regulations;
(c) such information is required or requested by to be disclosed to any bank regulatory authority, or administrative body or commission to whose jurisdiction it may be subject;
(iiid) on a confidential basis, such information is disclosed to prospective lenders or their its counsel, (iv) to auditors or accountantsother professional advisors;
(e) such information is disclosed to (and, unless and any analogous counterpart thereofuntil it receives written objection from the Borrower, the Borrower shall be deemed to have consented to disclosure of such information to) its affiliates; provided that such information shall be used in connection with this Agreement and the transactions contemplated hereby;
(vf) such information is disclosed to its officers, directors and employees;
(g) such information is disclosed with the prior written consent of the party furnishing the information;
(h) such information is disclosed in connection with any litigation or dispute involving the Borrower and/or it;
(i) such information is disclosed in connection with the sale of a participation or other disposition by it of any of its interest in this Agreement, provided that such information shall not be disclosed unless and until the party to which whom it shall be disclosed shall have agreed to keep such information confidential as set forth herein;
(j) such information was in its possession or in its affiliate's possession as shown by clear and convincing evidence prior to any of the Bank Borrower and/or any or the Borrower's representatives or agents furnishing such information to it; or
(k) such information is received by it, without restriction as to its disclosure or use, from a partyPerson who, (vi) to its knowledge or reasonable belief, was not prohibited from disclosing such information by any duty of confidentiality. Except to the extent such Information (A) becomes publicly available other than prohibited or restricted by law or Governmental Authority, each Lender shall notify the Borrower promptly of any disclosures of information made by it as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such Borrower; and (vii) to the extent such Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it permitted pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1h) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreementabove.
Appears in 1 contract
Samples: Credit Agreement (CVS Corp)
Treatment of Certain Information. The Bank Lender agrees with each Borrower to use reasonable precautions maintain the confidentiality of the Information (as defined below), except that Information may be disclosed (a) to its and its Affiliates’ directors, officers, employees and agents, including accountants, legal counsel and other advisors (it being understood that the Persons to whom such disclosure is made will be informed of the confidential nature of such Information and instructed to keep such Information confidential), in accordance with the Bank’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) to the extent requested by any regulatory authority purporting to have jurisdiction over such Person (including any self-regulatory authority, such as the National Association of any date of determination, was received by the Bank within the immediately preceding two year period (“Information”Insurance Commissioners), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such Information, (iic) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by (d) to any bank regulatory authorityother party hereto, (iii) on a confidential basis, to prospective lenders or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (ve) in connection with the exercise of any litigation remedies hereunder or under any other Loan Document or any action or proceeding relating to which this Agreement or any other Loan Document or the Bank is a partyenforcement of rights hereunder or thereunder, (vif) subject to an agreement containing provisions substantially the same as those of this Section, to (i) any assignee of or Participant in, or any prospective assignee of or Participant in, any of its rights or obligations under this Agreement or (ii) any actual or prospective counterparty (or its advisors) to any swap or derivative transaction relating to the Borrower and its obligations, (g) with the consent of the Borrower or (h) to the extent such Information (Ax) becomes publicly available other than as a result of a breach of this Credit Agreement, Section or (By) becomes available to the Bank Lender on a non-confidential nonconfidential basis from a source other than the Borrower. For purposes of this Section, “Information” means all information received from any Loan Party relating to any Loan Party or any of their respective businesses, other than any such Borrower, or (C) was information that is available to the Bank Lender on a non-confidential nonconfidential basis prior to its disclosure to the Bank by such Borrower; and (vii) to the extent such Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan DocumentParty, no provision thereof shall (1) restrict provided that, in the Bank case of information received from providing a Loan Party after the date hereof, such information is clearly identified at the time of delivery as confidential. Any Person required to Federal Reserve supervisory staff, (2) require or permit, without maintain the prior approval confidentiality of the Federal Reserve, the Bank to disclose to such Borrower or any affiliate that any information will be or was Information as provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or Section shall be considered to have complied with its obligation to do so if such Person has exercised the Loan Documents shall prevent any same degree of care to maintain the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing confidentiality of such Information as such Person would accord to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreementits own confidential information.
Appears in 1 contract
Treatment of Certain Information. The Bank Each Lender and the Administrative Agent agrees with each Borrower to use reasonable precautions maintain as confidential and not to keep confidentialdisclose, in accordance with publish or disseminate to any third parties any financial or other information relating to the Bank’s customary procedures for handling confidential information business, operations and condition, financial or otherwise, of the same natureBorrower provided to it, all non-except if and to the extent that:
(a) such information is in the public information supplied by such Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential domain at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and disclosure;
(b) as of any date of determination, was received such information is required to be disclosed by the Bank within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, process or applicable law or regulations;
(c) such information is required or requested by to be disclosed to any bank regulatory authority, or administrative body or commission to whose jurisdiction it may be subject;
(iiid) on a confidential basis, such information is disclosed to prospective lenders or their its counsel, (iv) to auditors or accountantsother professional advisors;
(e) such information is disclosed to (and, unless and any analogous counterpart thereofuntil it receives written objection from the Borrower, the Borrower shall be deemed to have consented to disclosure of such information to) its affiliates (vand its affiliates' officers, directors and employees), PROVIDED that such information shall be used in connection with this Agreement and the transactions contemplated hereby;
(f) such information is disclosed to its officers, directors and employees;
(g) such information is disclosed with the prior written consent of the party furnishing the information;
(h) such information is disclosed in connection with any litigation or dispute involving the Borrower and/or it;
(i) such information is disclosed in connection with the sale of a participation or other disposition by it of any of its interest in this Agreement, PROVIDED that such information shall not be disclosed unless and until the party to which whom it shall be disclosed shall have agreed to keep such information confidential as set forth herein;
(j) such information was in its possession or in its affiliate's possession as shown by clear and convincing evidence prior to any of the Bank Borrower and/or any or the Borrower's representatives or agents furnishing such information to it; or
(k) such information is received by it, without restriction as to its disclosure or use, from a partyPerson who, (vi) to its knowledge or reasonable belief, was not prohibited from disclosing such information by any duty of confidentiality. Except to the extent such Information (A) becomes publicly available other than prohibited or restricted by law or Governmental Authority, each Lender shall notify the Borrower promptly of any disclosures of information made by it as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such Borrower; and (vii) to the extent such Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it permitted pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1h) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreementabove.
Appears in 1 contract
Samples: 364 Day Credit Agreement (CVS Corp)
Treatment of Certain Information. The Bank agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Bank’s customary procedures for handling confidential information Each of the same natureAdministrative Agent, all non-public information supplied by such Borrower pursuant the Lenders and the Issuing Bank agree to this Credit Agreement which maintain the confidentiality of the Information (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank within the immediately preceding two year period (“Information”defined below), provided, however, except that nothing herein shall limit the disclosure of any such Information may be disclosed (i) to such of its respective Affiliates (other than Excluded Parties), its auditors and its Related Parties as on a “need to know know” basis (it being understood that the Persons to whom such Informationdisclosure is made will be informed of the confidential nature of such Information and instructed of their obligation to keep such Information confidential), (ii) to the extent required or requested by applicable laws any regulatory authority purporting to have jurisdiction over such Person or its Related Parties (including any self-regulatory authority, such as the National Association of Insurance Commissioners); provided that the Administrative Agent or such Lender, as applicable, agrees that it will notify the Lead Borrower as soon as practicable in the event of any such disclosure by such Person (other than at the request of a regulatory authority or pursuant to any routine audit or examination conducted by accountants or any governmental regulatory authority exercising examination or regulatory authority) unless such notification is prohibited by law, rule or regulation; (iii) to the extent required by Requirements of Law regulations or by any subpoena or similar legal process; provided that the Administrative Agent or such Lender, or requested as applicable, agrees that it will notify the Lead Borrower as soon as practicable in the event of any such disclosure by any bank such Person (other than at the request of a regulatory authority) unless such notification is prohibited by law, (iii) on a confidential basis, to prospective lenders rule or their counselregulation, (iv) to auditors or accountants, and any analogous counterpart thereofother party hereto, (v) in connection with the exercise of any litigation remedies hereunder or under any other Loan Document or any action or proceeding relating to which this Agreement or any other Loan Document or the Bank is a partyenforcement of rights hereunder or thereunder, (vi) subject to an agreement containing provisions substantially the same as those of this Section 9.13 (or as may otherwise be reasonably acceptable to the Lead Borrower), to (A) any Eligible Assignee of or Participant in, or any prospective Eligible Assignee of or Participant in, any of its rights and obligations under this Agreement or any Eligible Assignee invited to be a Lender or (B) any actual or prospective party (or its Related Parties) to any swap, derivative or other transaction under which payments are to be made by reference to the Borrowers and their obligations, this Agreement or payments hereunder (other than any Person with respect to whom the Lead Borrower has affirmatively denied to provide consent to assignment in accordance with Section 9.05(b)(i)(A) or any Disqualified Institution (it being understood that the list of Disqualified Institutions may be disclosed to any assignee or Participant, or prospective assignee or Participant, in reliance on this clause (vi))), (vii) on a confidential basis to (A) any rating agency in connection with rating the Borrowers or their Subsidiaries or the credit facilities provided hereunder, (B) the provider of any Platform or other electronic delivery service used by the Administrative Agent, any Issuing Bank and/or the Swingline Lender to deliver Borrower Materials or notices to the Lenders, or (C) the CUSIP Service Bureau or any similar agency in connection with the application, issuance, publishing and monitoring of CUSIP numbers or other market identifiers with respect to the credit facilities provided hereunder, or (viii) with the prior written consent of the Lead Borrower or to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit AgreementSection 9.13, (B) becomes available to the Administrative Agent, any Lender, any Issuing Bank any of their respective Affiliates on a non-confidential nonconfidential basis from a source other than a Loan Party (so long as such Borrowersource is not known (after due inquiry) to the Administrative Agent, such Lender or any of their respective Affiliates to be bound by confidentiality obligations to any Loan Party, the Sponsor or your respective Affiliates) or (C) was available is independently discovered or developed by a party hereto without utilizing any Information received from the Borrowers or violating the terms of this Section 9.13 or any other confidentiality obligation over to the Bank on a non-confidential basis prior Borrowers. For purposes of this Section 9.13, “Information” means all information received from the Loan Parties relating to its disclosure to the Bank by such Borrower; and (vii) to the extent such Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such Borrowerany Loan Party, its Related Parties Affiliates or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective its Affiliates’ directors, officers, employees, agents trustees, investment advisors or agents, other than any such information that is publicly available to the Administrative Agent, any Lender or any Issuing Bank on a nonconfidential basis prior to disclosure by any Loan Party or any Subsidiary. Any Person required to maintain the confidentiality of Information as provided in this Section 9.13 shall be considered to have complied with its obligation to do so if such Person has exercised the same degree of care to maintain the confidentiality of such Information as such Person would accord to its own confidential information. In addition, the Administrative Agent and advisors from disclosing the Lenders may disclose the existence of this Agreement and customary information about this Agreement to any market data collectors, similar service providers to the lending industry and all Persons service providers to the Tax treatment Administrative Agent and Tax structure the Lenders in connection with the administration of this Agreement, the transactions contemplated by this Credit Agreementother Loan Documents and the Commitments.
Appears in 1 contract
Treatment of Certain Information. The Bank Each Lender agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Bank’s such Lender's customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(i) is a)is clearly identified by such Person as being confidential at the time the same is delivered to the Banksuch Lender, or (ii) constitutes b)constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ ' certification delivered hereunder, and hereunder (b) as of any date of determination, was received by the Bank within the immediately preceding two year period (“"Information”"), provided, however, that nothing herein shall limit the disclosure of any such Information (i) i)on a confidential basis, to such of its respective Related Parties as need to know such Informationand service providers, (ii) to ii)to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on iii)on a confidential basis, to other parties to the Loan Documents, prospective lenders or their counsel, (iv) to iv)to auditors or accountants, and any analogous counterpart thereof, (v) in v)in connection with any litigation to which the Bank such Lender is a party, (vi) to vi)to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank such Lender on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank such Lender on a non-confidential basis prior to its disclosure to such Lender by the Bank by such Borrower; and (vii) to vii)to the extent such the Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank any Lender from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank any Lender to disclose to such the Borrower or any affiliate Affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank any Lender to inform such the Borrower or any affiliate Affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract
Treatment of Certain Information. The Bank agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Bank’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) on a confidential basis, to such of its respective service providers and Related Parties as need to know such InformationParties, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) in connection with any litigation to which the Bank is a party, (vi) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such the Borrower; and (vii) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such the Borrower, its Related Parties or such the Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such the Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such the Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract
Samples: Credit Agreement (Blackstone / GSO Long-Short Credit Income Fund)
Treatment of Certain Information. The Bank agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Bank’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) on a confidential basis, to such of its respective Related Parties as need to know such Informationand service providers, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) in connection with any litigation to which the Bank is a party, (vi) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such Borrower; and (vii) to the extent such Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract
Treatment of Certain Information. The Bank Each Credit Party agrees with each the Borrower to use reasonable precautions to keep confidential, in accordance with the Banksuch Credit Party’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Bank, or (iia) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank such Credit Party within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) on a confidential basis, to such of its respective service providers and Related Parties as need to know such InformationParties, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) in connection with any litigation to which the Bank such Credit Party is a party, (vi) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank such Credit Party on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank such Credit Party on a non-confidential basis prior to its disclosure to such Credit Party by the Bank by such Borrower; and (vii) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank Each Credit Party acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such the Borrower, its Related Parties or such the Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank any Credit Party from providing information to Federal Reserve Board of Governors supervisory staff, (2) require or permit, without the prior approval of the Federal ReserveBoard of Governors, the Bank any Credit Party to disclose to such the Borrower or any affiliate that any information will be or was provided to Federal Reserve Board of Governors supervisory staff, or (3) require or permit, without the prior approval of the Federal ReserveBoard of Governors, the Bank any Credit Party to inform such the Borrower or any affiliate of a current or upcoming Federal Reserve Board of Governors examination or any nonpublic Federal Reserve Board of Governors supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract
Samples: Credit Agreement (Blackstone / GSO Floating Rate Enhanced Income Fund)
Treatment of Certain Information. The Bank Each Credit Party agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Bank’s its customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower or any Restricted Subsidiary pursuant to this Credit Agreement which (a)(ii) is clearly identified by such Person as being confidential at the time the same is delivered to the Bank, such Credit Party or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificateCompliance Certificate, audit report, draft press release, management letter or accountants’ ' certification delivered hereunder, and hereunder (b) as of any date of determination, was received by the Bank within the immediately preceding two year period (“"Information”"), provided, however, provided that nothing herein shall limit the disclosure of any such Information information (ia) to such any of its respective Related Parties as need that needs to know such Informationinformation, (iib) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iiic) on a confidential basis, to prospective lenders or participants or their counsel, (ivd) to auditors or auditors, accountants, consultants and advisors, and any analogous counterpart thereof, (ve) to any other Credit Party, (f) in connection with any litigation to which any one or more of the Bank Credit Parties is a party, (vig) to the extent such Information information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to any of the Bank Credit Parties on a non-confidential basis from a source other than such Borrower, the Borrower or any of its Affiliates or (C) was available to the Bank Credit Parties on a non-confidential basis prior to its disclosure to any of them by the Bank by such BorrowerBorrower or any of its Affiliates; and (viih) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Notwithstanding anything herein to the contrary, Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties or such Borrower’s securitiesshall not include, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to Credit Parties may disclose to such Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons Persons, without limitation of any kind, any information with respect to the Tax "tax treatment" and "tax structure" (in each case, within the meaning of Treasury Regulation Section 1.6011-4) of the Transactions contemplated hereby and all materials of any kind (including opinions or other tax analyses) that are provided to the Administrative Agent or such Lender relating to such tax treatment and Tax tax structure; provided that with respect to any document or similar item that in either case contains information concerning the tax treatment or tax structure of the transactions transaction as well as other information, this sentence shall only apply to such portions of the document or similar item that relate to the tax treatment or tax structure of the Revolving Loans, Letters of Credit and Transactions contemplated by this Credit Agreementhereby.
Appears in 1 contract
Treatment of Certain Information. The Bank Each Lender, the Issuer and the Administrative Agent agrees with each Borrower to use reasonable precautions maintain as confidential and not to keep confidentialdisclose, in accordance with publish or disseminate to any third parties any financial or other information relating to the Bank’s customary procedures for handling confidential information business, operations and condition, financial or otherwise, of the same natureBorrower provided to it, all non-except if and to the extent that:
(a) such information is in the public information supplied by such Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential domain at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and disclosure;
(b) as of any date of determination, was received such information is required to be disclosed by the Bank within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, process or applicable law or regulations;
(c) such information is required or requested by to be disclosed to any bank regulatory authority, or administrative body or commission to whose jurisdiction it may be subject;
(iiid) on a confidential basis, such information is disclosed to prospective lenders or their its counsel, (iv) to auditors or accountantsother professional advisors;
(e) such information is disclosed to (and, unless and any analogous counterpart thereofuntil it receives written objection from the Borrower, the Borrower shall be deemed to have consented to disclosure of such information to) its affiliates (vand its affiliates' officers, directors and employees), PROVIDED that such information shall be used in connection with this Agreement and the transactions contemplated hereby;
(f) such information is disclosed to its officers, directors and employees;
(g) such information is disclosed with the prior written consent of the party furnishing the information;
(h) such information is disclosed in connection with any litigation or dispute involving the Borrower and/or it;
(i) such information is disclosed in connection with the sale of a participation or other disposition by it of any of its interest in this Agreement, PROVIDED that such information shall not be disclosed unless and until the party to which whom it shall be disclosed shall have agreed to keep such information confidential as set forth herein;
(j) such information was in its possession or in its affiliate's possession as shown by clear and convincing evidence prior to any of the Bank Borrower and/or any or the Borrower's representatives or agents furnishing such information to it; or
(k) such information is received by it, without restriction as to its disclosure or use, from a partyPerson who, (vi) to its knowledge or reasonable belief, was not prohibited from disclosing such information by any duty of confidentiality. Except to the extent such Information (A) becomes publicly available other than prohibited or restricted by law or Governmental Authority, each Lender shall notify the Borrower promptly of any disclosures of information made by it as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such Borrower; and (vii) to the extent such Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it permitted pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1h) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreementabove.
Appears in 1 contract
Samples: Credit Agreement (CVS Corp)
Treatment of Certain Information. The Bank Each Lender agrees with each the Borrower to use reasonable precautions to keep confidential, in accordance with the Banksuch Lender’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Banksuch Lender, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank such Lender within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) on a confidential basis, to such of its respective Related Parties as need to know such Informationand service providers, (ii) on a confidential basis, to any direct, indirect or prospective counterparty (and its advisors), to any swap, derivative, securitization or other transaction under which payments are to be made by reference to the Borrower and its obligations, this Credit Agreement or payments hereunder, (iii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iiiiv) on a confidential basisbasis to any other party to the Loan Documents, to prospective lenders or participants or their counsel, (ivv) to auditors or accountants, and any analogous counterpart thereof, (vvi) on a confidential basis, to any rating agency, insurer or insurance broker, or direct or indirect provider of credit protection to a Lender or any of its Related Parties, (vii) in connection with any litigation to which the Bank such Lender is a party, (viviii) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank such Lender on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank such Lender on a non-confidential basis prior to its disclosure to such Lender by the Bank by such Borrower; and (viiix) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank Each Lender acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such the Borrower, its Related Parties or such the Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank any Lender from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank any Credit Party to disclose to such the Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank any Lender to inform such the Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract
Treatment of Certain Information. The Bank Each Lender and the Administrative Agent agrees with each Borrower to use reasonable precautions maintain as confidential and not to keep confidentialdisclose, in accordance with publish or disseminate to any third parties any financial or other information relating to the Bank’s customary procedures for handling confidential information business, operations and condition, financial or otherwise, of the same natureBorrower provided to it, all non-except if and to the extent that:
(a) such information is in the public information supplied by such Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential domain at the time the same is delivered to the Bank, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and disclosure;
(b) as of any date of determination, was received such information is required to be disclosed by the Bank within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, process or applicable law or regulations;
(c) such information is required or requested by to be disclosed to any bank regulatory authority, or administrative body or commission to whose jurisdiction it may be subject;
(iiid) on a confidential basis, such information is disclosed to prospective lenders or their its counsel, (iv) to auditors or accountantsother professional advisors;
(e) such information is disclosed to (and, unless and any analogous counterpart thereofuntil it receives written objection from the Borrower, the Borrower shall be deemed to have consented to disclosure of such information to) its affiliates; provided that such information shall be used in connection with this Agreement and the transactions contemplated hereby;
(vf) such information is disclosed to its officers, directors and employees;
(g) such information is disclosed with the prior written consent of the party furnishing the information;
(h) such information is disclosed in connection with any litigation or dispute involving the Borrower and/or it;
(i) such information is disclosed in connection with the sale of a participation or other disposition by it of any of its interest in this Agreement, provided that such information shall not be disclosed unless and until the party to which whom it shall be disclosed shall have agreed to keep such information confidential as set forth herein;
(j) such information was in its possession or in its affiliate's possession as shown by clear and convincing evidence prior to any of the Bank Borrower and/or any or the Borrower's representatives or agents furnishing such information to it; or
(k) such information is received by it, without restriction as to its disclosure or use, from a partyPerson who, (vi) to its knowledge or reasonable belief, was not prohibited from disclosing such information by any duty of confidentiality. Except to the extent such Information (A) becomes publicly available other than prohibited or restricted by law or Governmental Authority, each Lender shall notify the Borrower promptly of any disclosures of information made by it as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such Borrower; and (vii) to the extent such Borrower shall have consented to such disclosure in writing. The Bank acknowledges that Information furnished to it permitted pursuant to this Credit Agreement may include material non-public information concerning such Borrower, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1h) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreementabove.
Appears in 1 contract
Samples: 364 Day Credit Agreement (CVS Corp)
Treatment of Certain Information. The Bank Each Lender agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Banksuch Lender’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such Borrower pursuant to this Credit Agreement which (a)(i) is clearly identified by such Person as being confidential at the time the same is delivered to the Banksuch Lender, or (ii) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b) as of any date of determination, was received by the Bank such Lender within the immediately preceding two year period (“Information”), provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties Parties, or (on a confidential basis) to any direct, indirect or prospective counterparty (and its advisors), to any swap, derivative or securitization transaction related to the obligations under this Credit Agreement, as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or participants or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) on a confidential basis, to any rating agency, insurer or insurance broker, or direct or indirect provider of credit protection to a Lender or any of its Related Parties, (vi) in connection with any litigation to which the Bank such Lender is a party, (vivii) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank such Lender on a non-confidential basis from a source other than such Borrower, or (C) was available to the Bank such Lender on a non-confidential basis prior to its disclosure to the Bank such Lender by such Borrower; and (viiviii) to the extent such Borrower shall have consented to such disclosure in writing. The Bank Each Lender agrees that it will not purchase or sell securities of any Borrower for its own account while in possession of any Information with respect to such Borrower. Each Lender acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such a Borrower, its Related Parties or such Borrower’s securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank any Lender from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such Borrower or any affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank any Lender to inform such Borrower or any affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract
Samples: Credit Agreement (DBX ETF Trust)
Treatment of Certain Information. The Bank agrees with each Borrower to use reasonable precautions to keep confidential, in accordance with the Bank’s customary procedures for handling confidential information of the same nature, all non-public information supplied by such the Borrower pursuant to this Credit Agreement which (a)(i1)(a) is clearly identified by such Person as being confidential at the time the same is delivered to the Bank, or (iib) constitutes any financial statement, list of investments or other assets, financial projections or forecasts, budget, compliance certificate, audit report, draft press release, management letter or accountants’ certification delivered hereunder, and (b2) as of any date of determination, was received by the Bank within the immediately preceding two year period (“Information”), providedInformation”),provided, however, that nothing herein shall limit the disclosure of any such Information (i) to such of its respective Related Parties as need to know such Information, (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, or requested by any bank regulatory authority, (iii) on a confidential basis, to prospective lenders or their counsel, (iv) to auditors or accountants, and any analogous counterpart thereof, (v) in connection with any litigation to which the Bank is a party, (vi) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Credit Agreement, (B) becomes available to the Bank on a non-confidential basis from a source other than such the Borrower, or (C) was available to the Bank on a non-confidential basis prior to its disclosure to the Bank by such the Borrower; and (vii) to the extent such the Borrower shall have consented to such disclosure in writing. The Bank agrees that it will not purchase or sell securities of the Borrower for its own account while in possession of any Information. The Bank acknowledges that Information furnished to it pursuant to this Credit Agreement may include material non-public information concerning such the Borrower, its Related Parties or such the Borrower’s 's securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those procedures and applicable law. Notwithstanding anything to the contrary contained in any Loan Document, no provision thereof shall (1) restrict the Bank from providing information to Federal Reserve supervisory staff, (2) require or permit, without the prior approval of the Federal Reserve, the Bank to disclose to such the Borrower or any affiliate Affiliate that any information will be or was provided to Federal Reserve supervisory staff, or (3) require or permit, without the prior approval of the Federal Reserve, the Bank to inform such the Borrower or any affiliate Affiliate of a current or upcoming Federal Reserve examination or any nonpublic Federal Reserve supervisory initiative or action. Nothing in this Credit Agreement or the Loan Documents shall prevent any of the parties hereto and their respective directors, officers, employees, agents and advisors from disclosing to any and all Persons the Tax treatment and Tax structure of the transactions contemplated by this Credit Agreement.
Appears in 1 contract