Common use of Other Confidential Information Clause in Contracts

Other Confidential Information. The Collateral Custodian acknowledges and understands that information it receives in connection with the performance of its duties hereunder may be “nonpublic personal information” as that term is defined in Section 6809(4) of the Xxxxx-Xxxxx-Xxxxxx Act (the “Act”), and the Collateral Custodian hereto agrees to maintain such nonpublic personal information received hereunder in accordance with the Act and other applicable federal and state privacy laws. The Collateral Custodian shall, and shall direct its employees, agents and Affiliates directly involved in the transaction contemplated by this Agreement and its respective Advisors (except (i) to a court of competent jurisdiction pursuant to a subpoena or valid court order or (ii) to its regulators and an authorized governmental agency in connection with any audit or regulatory examination) to (i) not disclose such nonpublic personal information to any third party, that is not a party to this Agreement, including third party service providers, without the prior written consent of the Issuing Entity; (ii) agree not to use nonpublic personal information for any purpose not reasonably contemplated by its role in the transactions contemplated by this Agreement; (iii) protect against any unauthorized access to or use of such nonpublic personal information; (iv) in the event of any actual or apparent theft, unauthorized use or disclosure of such nonpublic personal information, immediately commence all reasonable efforts to investigate and correct the causes and remediate the results thereof; and (v) as soon as practicable following its having actual knowledge or receipt of written notice of any event described in clause (iv) hereof, provide notice thereof to the Issuing Entity, the Grantor Trust, the Servicer and the Indenture Trustee, and such further information and assistance as may be reasonably requested by the Issuing Entity, the Grantor Trust, the Servicer or the Indenture Trustee in relation thereto.

Appears in 19 contracts

Samples: Collateral Custodian Agreement (Carvana Auto Receivables Trust 2022-P2), Collateral Custodian Agreement (Carvana Auto Receivables Trust 2022-P2), Collateral Custodian Agreement (Carvana Auto Receivables Trust 2022-P1)

AutoNDA by SimpleDocs

Other Confidential Information. The Collateral Custodian acknowledges and understands that information it receives in connection with the performance of its duties hereunder may be “nonpublic personal information” as that term is defined in Section 6809(4) of the Xxxxx-Xxxxx-Xxxxxx Act (the “GLB Act”), and the Collateral Custodian hereto agrees to maintain such nonpublic personal information received hereunder in accordance with the GLB Act and other applicable federal and state privacy laws. The Collateral Custodian shall, and shall direct its employees, agents and Affiliates directly involved in the transaction contemplated by this Agreement and its respective Advisors (except (i) to a court of competent jurisdiction pursuant to a subpoena or valid court order or (ii) to its regulators and an authorized governmental agency in connection with any audit or regulatory examination) to (ia) not disclose such nonpublic personal information to any third party, that is not a party to this Agreement, including third party service providers, without the prior written consent of the Issuing Entity; (iib) agree not to use nonpublic personal information for any purpose not reasonably contemplated by its role in the transactions contemplated by this Agreement; (iiic) protect against any unauthorized access to or use of such nonpublic personal information; (ivd) in the event of any actual or apparent theft, unauthorized use or disclosure of such nonpublic personal information, immediately commence all reasonable efforts to investigate and correct the causes and remediate the results thereof; and (ve) as soon as practicable following its having actual knowledge or receipt of written notice of any event described in clause (iv) hereof, provide notice thereof to the Issuing Entity, the Grantor Trust, the Servicer and the Indenture Trustee, and such further information and assistance as may be reasonably requested by the Issuing Entity, the Grantor Trust, the Servicer or the Indenture Trustee in relation thereto.

Appears in 2 contracts

Samples: Collateral Custodian Agreement (Carvana Auto Receivables Trust 2022-P3), Collateral Custodian Agreement (Carvana Auto Receivables Trust 2022-P3)

Other Confidential Information. The Collateral Custodian acknowledges and understands that information it receives in connection with the performance of its duties hereunder may be “nonpublic personal information” as that term is defined in Section 6809(4) of the Xxxxx-Xxxxx-Xxxxxx Act (the “Act”), and the Collateral Custodian hereto agrees to maintain such nonpublic personal information received hereunder in accordance with the Act and other applicable federal and state privacy laws. The Collateral Custodian shall, and shall direct its employees, agents and Affiliates directly involved in the transaction contemplated by this Agreement and its respective Advisors (except (i) to a court of competent jurisdiction pursuant to a subpoena or valid court order or (ii) to its regulators and an authorized governmental agency in connection with any audit or regulatory examination) to (i) not disclose such nonpublic personal information to any third party, that is not a party to this Agreement, including third party service providers, without the prior written consent of the Issuing Entity; (ii) agree not to use nonpublic personal information for any purpose not reasonably contemplated by its role in the transactions contemplated by this Agreement; (iii) protect against any unauthorized access to or use of such nonpublic personal information; (iv) in the event of any actual or apparent theft, unauthorized use or disclosure of such nonpublic personal information, immediately commence all reasonable efforts to investigate and correct the causes and remediate the results thereof; and (v) as soon as practicable following its having actual knowledge or receipt of written notice of any event described in clause (iv) hereof, provide notice thereof to the Issuing Entity, the Grantor Trust, the Servicer and the Indenture Trustee, and such further information and assistance as may be reasonably requested by the Issuing Entity, the Grantor Trust, the Servicer or the Indenture Trustee in relation thereto.

Appears in 2 contracts

Samples: Collateral Custodian Agreement (Carvana Auto Receivables Trust 2020-P1), Collateral Custodian Agreement (Carvana Auto Receivables Trust 2020-P1)

AutoNDA by SimpleDocs

Other Confidential Information. The Collateral Custodian acknowledges and understands that information it receives in connection with the performance of its duties hereunder may be “nonpublic personal information” as that term is defined in Section 6809(4) of the Xxxxx-Xxxxx-Xxxxxx Act (the “Act”), and the Collateral Custodian hereto agrees to maintain such nonpublic personal information received hereunder in accordance with the Act and other applicable federal and state privacy laws. The Collateral Custodian shall, and shall direct its employees, agents and Affiliates directly involved in the transaction contemplated by this Agreement and its respective Advisors (except (i) to a court of competent jurisdiction pursuant to a subpoena or valid court order or (ii) to its regulators and an authorized governmental agency in connection with any audit or regulatory examination) to (i) not disclose such nonpublic personal information to any third party, that is not a party to this Agreement, including third party service providers, without the prior written consent of the Issuing Entity; (ii) agree not to use nonpublic personal information for any purpose not reasonably contemplated by its role in the transactions contemplated by this Agreement; (iii) protect against any unauthorized access to or use of such nonpublic personal information; (iv) in the event of any actual or apparent theft, unauthorized use or disclosure of such nonpublic personal information, immediately commence all reasonable efforts to investigate and correct the causes and remediate the results thereof; and (v) as soon as practicable following its having actual knowledge or receipt of written notice of any event described in clause (iv) hereof, provide notice thereof to the Issuing Entity, [the Grantor Trust, ,] the Servicer and the Indenture Trustee, and such further information and assistance as may be reasonably requested by the Issuing Entity, [the Grantor Trust, ,] the Servicer or the Indenture Trustee in relation thereto.

Appears in 1 contract

Samples: Collateral Custodian Agreement (Carvana Receivables Depositor LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.