Shared Obligations. Both the Clearinghouse and the Institution will: a. to the extent applicable, comply with the terms and conditions set forth in this MSA and with all applicable laws and regulations, including the HEA, FERPA, ▇▇▇▇▇-▇▇▇▇▇-▇▇▇▇▇▇ Act, Fair Credit Reporting Act (15 U.S.C. §§ 1681 et seq.), and any applicable state, federal, or international laws concerning the privacy and security of the Confidential Information to be shared hereunder. b. except as authorized under this MSA or to the extent required by applicable law, not use Confidential Information of the other party for any purpose. c. except as authorized under this MSA or to the extent required by applicable law, not disclose Confidential Information of the other party to anyone other than Authorized Persons with a need-to-know to enable parties to perform their obligations under this MSA. d. require any of its Authorized Persons who have access to Confidential Information to agree to the same restrictions, conditions, and requirements at least as restrictive as those that apply to the parties under this MSA. e. be responsible for any unauthorized creation, collection, receipt, transmission, access, storage, disposal, use, or disclosure of Confidential Information from the other party under its control or in its possession (including by its Authorized Persons). f. use only secure methods, according to accepted industry standards, when transferring or otherwise making available Confidential Information to the other party, or when storing Confidential Information received from the other party.
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