Common use of Obligation to Observe Confidentiality Clause in Contracts

Obligation to Observe Confidentiality. 1. Any information communicated in whatever form pursuant to this Annex shall be of a confidential nature. It shall be covered by the obligation of official secrecy and shall enjoy the same protection extended under the relevant laws relating to the same kind of information applicable in the Party which received it. 2. Personal data may only be transmitted if the level of personal protection afforded by the legislation of the Party is equivalent. The Parties shall ensure at least a level of protection based on the principles laid down in the Attachment to this Annex.

Appears in 2 contracts

Sources: Accession Agreement, Accession Agreement

Obligation to Observe Confidentiality. 1. Any information communicated in whatever whatsoever form pursuant to this Annex shall be of a confidential nature. It shall be covered by the obligation of official secrecy and shall enjoy the same protection extended under the relevant laws relating to the same kind of information applicable in the Party which received it. 2. Personal data may only be transmitted if the level of personal protection afforded by the legislation of the Party is equivalent. The Parties shall ensure at least last a level of protection based on the principles laid down in the Attachment to this Annex.

Appears in 1 contract

Sources: Accession Agreement