Common use of Allowed Disclosures Clause in Contracts

Allowed Disclosures. Notwithstanding the foregoing, the Receiving Party may disclose Confidential Information (i) as may be required, or is reasonably believed to be required, by any Law, Applicable Order, Governmental Authority, or by the listing requirements of the stock exchange on which Receiving Party or any of its Affiliates is listed, provided, however, that Receiving Party first shall make good faith efforts to advise Disclosing Party of the same as soon as reasonably practicable and if a copy of this Agreement is required to be filed the Receiving Party shall consult with the Disclosing Party regarding redactions for confidentiality purposes; or (ii) as the Receiving Party deems necessary and desirable to disclose in any Action related to this Agreement. The Receiving Party shall promptly notify the Disclosing Party if it determines that a disclosure may be required, or is reasonably believed to be required, by any Law, Applicable Order or Governmental Authority so that the Disclosing Party may seek to obtain, with reasonable assistance from the Receiving Party, a protective order or other confidentiality protections with respect thereto.