Common use of Neither Party Clause in Contracts

Neither Party. except with the express prior written consent of the other, shall directly or indirectly, communicate, disclose or divulge to any third party any Confidential Information, subject always to compliance with all applicable Privacy and Security Laws. A “third party” is anyone other than the Parties or their subsidiaries, affiliates, parent company, employees, retrocessionaire, agents, subcontractors, representatives, auditors or other professional advisers. For purposes of this Agreement, “Privacy and Security Laws” means any applicable data privacy, data security, or data protection law or regulation in the United States of America, including, without limitation, Health Insurance Portability and Accountability Act of 1996, as amended, and its implementing regulations, including, without limitation, the amendments and associated regulations enacted and implemented pursuant to the Health Information Technology for Economic and Clinical Health Act (HIPAA).

Appears in 3 contracts

Sources: Quota Share Reinsurance Agreement (Oscar Health, Inc.), Quota Share Reinsurance Agreement (Oscar Health, Inc.), Quota Share Reinsurance Agreement (Oscar Health, Inc.)