Common use of Notification of Mandatory Disclosure Clause in Contracts

Notification of Mandatory Disclosure. (a) Notwithstanding any provision herein to the contrary, in the event that any party receiving Confidential Information hereafter becomes obligated by mandatory applicable law, regulatory rule or judicial or administrative order to disclose the Confidential Information or any portion thereof, to any governmental authority or court, the recipient shall immediately notify the disclosing party thereof of each such requirement and identify the Confidential Information so required thereby, so that the disclosing party may seek an appropriate protective order or other remedy with respect to narrowing the scope of such requirement and/or waive compliance by the recipient with the provisions of this Agreement. (b) If, in the absence of such protective order or other remedy, the recipient is nonetheless required by mandatory applicable law to disclose any part of the Confidential Information which is disclosed to it hereunder to any governmental authority or court, the recipient may disclose such Confidential Information without liability hereunder, provided, that, the recipient shall furnish only such portion of the Confidential Information which is legally required to be disclosed and only to the extent required by law.

Notification of Mandatory Disclosure. (a) Notwithstanding any provision herein to the contrary, in the event that any party receiving Confidential Information hereafter becomes obligated by mandatory applicable law, regulatory rule or judicial or administrative order to disclose the Confidential Information or any portion thereof, to any governmental authority or court, the recipient receiving party shall immediately notify the disclosing party thereof of each such requirement and identify the Confidential Information so required thereby, so that the disclosing party may seek an appropriate protective order or other remedy with respect to narrowing the scope of such requirement and/or waive compliance by the recipient with the provisions of this Agreement. (b) If, in the absence of such protective order or other remedy, the recipient receiving party is nonetheless required by mandatory applicable law to disclose any part of the Confidential Information which is disclosed to it hereunder to any governmental authority or court, the recipient receiving party may disclose such Confidential Information without liability hereunder, provided, that, the recipient receiving party shall furnish only such portion of the Confidential Information which is legally required to be disclosed and only to the extent required by law.