Common use of PERSONAL DATA AND SENSITIVE DATA Clause in Contracts

PERSONAL DATA AND SENSITIVE DATA. 11.1 The Receivables Trustee undertakes not to supply to the Receivables Trustee Account Bank any personal data or sensitive data, whether relating to such party, its personnel, customers or other data subjects, except to the extent that the Receivables Trustee is required to provide such information in accordance with the terms of this Agreement or in order to comply with requests for information made by the Receivables Trustee Account Bank pursuant to its KYC Procedures. The Receivables Trustee Account Bank will process such information for the purpose of carrying out its KYC Procedures and will keep it secure and confidential. 11.2 For the purposes of Clause 11.1, "data subject", "personal data" and "sensitive data" each have the meaning given to them in the EU Directive 95/46/EC as implemented by the relevant Member State.

Appears in 2 contracts

Sources: Receivables Trustee Account Bank Agreement, Receivables Trustee Account Bank Agreement