Common use of Treatment of Confidential Information Clause in Contracts

Treatment of Confidential Information. The Asset Representations Reviewer agrees to hold and treat Confidential Information given to it under this Agreement in confidence and under the terms and conditions of this Agreement, and shall implement and maintain safeguards to further assure the confidentiality of the Confidential Information. The Confidential Information shall not, without the prior consent of the Sponsor, be disclosed or used by the Asset Representations Reviewer, or its officers, directors, employees, agents, representatives or affiliates, including legal counsel, other than for the purposes of performing its obligations under this Agreement. The Asset Representations Reviewer agrees that it shall not (i) purchase or sell securities issued by the Sponsor or its affiliates or special purpose entities on the basis of Confidential Information or (ii) use the Confidential Information for the preparation of research reports, newsletters or other publications or similar communications.

Appears in 57 contracts

Samples: Asset Representations Review Agreement (Capital Auto Receivables Asset Trust 2016-3), Asset Representations Review Agreement (Ally Auto Receivables Trust 2017-1), Asset Representations Review Agreement (Ally Auto Receivables Trust 2017-4)

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Treatment of Confidential Information. The Asset Representations Reviewer agrees to hold and treat Confidential Information given to it under this Agreement in confidence and under the terms and conditions of this Agreement, and shall implement and maintain safeguards to further assure the confidentiality of the Confidential Information. The Confidential Information shall not, without the prior consent of the Sponsor, be disclosed or used by the Asset Representations Reviewer, or its officers, directors, employees, agents, representatives or affiliates, including legal counsel, other than for the purposes of performing its obligations under this Agreement. The Asset Representations Reviewer agrees that it shall will not (i) purchase or sell securities issued by the Sponsor or its affiliates or special purpose entities on the basis of Confidential Information or (ii) use the Confidential Information for the preparation of research reports, newsletters or other publications or similar communications.

Appears in 8 contracts

Samples: Asset Representations Review Agreement (Capital Auto Receivables LLC), Asset Representations Review Agreement (Ally Auto Receivables Trust 2016-2), Asset Representations Review Agreement (Capital Auto Receivables Asset Trust 2016-1)

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