Exceptions to Sharing Sample Clauses
The 'Exceptions to sharing' clause defines specific circumstances under which information or resources that would otherwise be shared between parties are withheld. Typically, this clause outlines categories such as confidential information, proprietary data, or materials subject to legal restrictions, specifying that these do not have to be disclosed or distributed. By clearly delineating what is excluded from sharing obligations, the clause protects sensitive interests and ensures that parties are not inadvertently required to share information that could compromise their legal, competitive, or privacy positions.
Exceptions to Sharing. Notwithstanding Clause 16.1 (Recoveries), no Recovering Interim Lender will be obliged to pay any amount to the Interim Facility Agent or any other Interim Lender in respect of any Recovery:
(a) if it would not (after that payment) have a valid claim against an Obligor under paragraph (e) of Clause 16.1 (Recoveries) in an amount equal to the Excess Recovery; or
(b) which it receives as a result of legal proceedings taken by it to recover any amounts owing to it under the Interim Finance Documents, which proceedings have been notified to the other Interim Finance Parties and where the Interim Lender concerned had a right and opportunity to, but does not, either join in those proceedings or promptly after receiving notice commence and diligently pursue separate proceedings to enforce its rights in the same or another court.
Exceptions to Sharing. (a) shall not apply to (i) any payment made by an Obligor to a Lender pursuant to and in accordance with the express terms of this Agreement or any other Loan Document, (ii) any consideration received by a Lender in relation to any participation granted by it or any assignment made by it in accordance with and pursuant to Section 12.7 and (iii) any payment obtained by a Lender in accordance with and pursuant to Section 12.9. In addition, nothing in this Section 2.13 shall at any time require a Lender to share with a Delinquent Lender any payment received by such Lender during the relevant Delinquent Period nor require IFC to share any IFC Inconvertibility Payments.
Exceptions to Sharing. (a) shall not apply to (i) any payment made by an Obligor to a Lender pursuant to and in accordance with the express terms of this Agreement or any other Loan Document or (ii) any consideration received by a Lender in relation to any assignment made by it or participation granted by it in accordance with Section 11.7.
Exceptions to Sharing. Notwithstanding clause (a), no Recovering Lender will be obliged to pay any amount to the Agent or any other Facility Lender in respect of any Recovery if it would not after that payment have a valid and enforceable claim against the relevant MAI Party in an amount equal to the Excess Recovery.