Common use of GLBA Clause in Contracts

GLBA. To the extent the ▇▇▇▇▇-▇▇▇▇▇-▇▇▇▇▇▇ Act applies, Supplier expressly understands and acknowledges that Supplier may have access to, or VWGoA may disclose to Supplier, “non-public personal information” (“NPPI”), as such term is defined in Regulation P issued by the Consumer Financial Protection Bureau. Without limiting any other obligations in this Addendum, the following shall apply to NPPI: (a) Supplier will use or disclose NPPI only as strictly necessary to carry out the purposes for which VWGoA is disclosing the information to Supplier. (b) Supplier has implemented and will continue to maintain safeguards reasonably designed to (i) ensure the security and confidentiality of NPPI; (ii) protect against any anticipated threats to or hazards to the security or integrity of NPPI; and (iii) protect against unauthorized access to or use of NPPI that could result in substantial harm or inconvenience to any individual.

Appears in 2 contracts

Sources: Data Privacy & Security Addendum, Data Privacy & Security