Common use of Confidentiality/Privacy Clause in Contracts

Confidentiality/Privacy. The Administrator agrees that, except as otherwise required by law or in connection with any disclosure required by law or applicable regulation, it will keep confidential all records and information in its possession relating to the Fund Parties or their shareholders or shareholder accounts and will not disclose the same to any person except at the request or with the written consent of the applicable Fund Party. The Fund Parties and the Administrator each agree to take all steps necessary to comply with applicable regulations protecting the privacy of nonpublic personal financial information ("Information") of "consumers" and "customers" of the Funds, as those terms are defined in Regulation S-P. To the extent the Fund Parties provide the Administrator with any Information to perform services or functions on their behalf, the Administrator agrees not to disclose or use any such information for any purpose other than to carry out the purposes for which the Funds disclosed the Information or as permitted by law in the ordinary course of business to carry out those purposes. In the event that the Administrator receives any such Information from the Funds, the Administrator agrees to adopt policies and procedures that address administrative, technical, and physical safeguards for the protection of Information of consumers or customers of the Funds. The Administrator will seek to include a similar provision in all agreements with third parties.

Confidentiality/Privacy. The Administrator agrees that, except as otherwise required by law or in connection with any disclosure required by law or applicable regulation, it will keep confidential all records and information in its possession relating to the Fund Parties or their shareholders or shareholder accounts and will not disclose the same to any person except at the request or with the written consent of the applicable Fund Party. The Fund Parties and the Administrator each agree to take all steps necessary to comply with applicable regulations protecting the privacy of nonpublic personal financial information ("“Information"”) of "“consumers" ” and "“customers" ” of the Funds, as those terms are defined in Regulation S-P. To the extent the Fund Parties provide the Administrator with any Information to perform services or functions on their behalf, the Administrator agrees not to disclose or use any such information for any purpose other than to carry out the purposes for which the Funds disclosed the Information or as permitted by law in the ordinary course of business to carry out those purposes. In the event that the Administrator receives any such Information from the Funds, the Administrator agrees to adopt policies and procedures that address administrative, technical, and physical safeguards for the protection of Information of consumers or customers of the Funds. The Administrator will seek to include a similar provision in all agreements with third parties.