Common use of Request for Disclosure Clause in Contracts

Request for Disclosure. If a Party is requested to disclose any of the information provided by another Party (by oral questions, interrogatories, requests for information, subpoena, civil investigative demand or other similar process), that Party shall promptly notify, in writing, the Party which provided the information, stating the information requested and the circumstances of the request, so that the Party which provided the information may seek an appropriate protective order or, in its sole discretion, waive this Agreement in connection with compliance with such request. The Party receiving the request shall consult with the Party that provided the requested information on the advisability of taking additional steps to resist or to narrow such request. If, in the opinion of the counsel to the party receiving the request, the Party receiving the request may be liable for contempt or other censure or penalty for a failure to disclose the requested information, that Party may disclose any requested information, but shall use its best efforts to obtain an order or other reliable assurance of the confidentiality of that requested Information to be disclosed and shall disclose only such Information as is required to be disclosed in the opinion of counsel.

Request for Disclosure. If a Party party is requested to disclose any of the information provided by another Party party (by oral questions, interrogatories, requests for information, subpoena, civil investigative demand or other similar process), that Party party shall promptly notify, in writing, the Party party which provided the information, stating the information requested and the circumstances of the request, so that the Party party which provided the information may seek an appropriate protective order or, in its sole discretion, waive this Agreement in connection with compliance with such request. The Party party receiving the request shall consult with the Party party that provided the requested information on the advisability of taking additional steps to resist or to narrow such request. If, in the opinion of the counsel to the party receiving the request, the Party party receiving the request may be liable for contempt or other censure or penalty for a failure to disclose the requested information, that Party party may disclose any requested information, but shall use its best efforts to obtain an order or other reliable assurance of the confidentiality of that requested Information to be disclosed and shall disclose only such Information as is required to be disclosed in the opinion of counsel.