Responsibility for Information Recipients Sample Clauses

The 'Responsibility for Information Recipients' clause defines the obligations of a party regarding the actions or conduct of individuals or entities to whom they disclose information, such as employees, contractors, or affiliates. Typically, this clause requires the disclosing party to ensure that all recipients of confidential or sensitive information comply with the same restrictions and protections as the original party. For example, if a company shares proprietary data with a consultant, the company must ensure the consultant treats the information with the same level of confidentiality. This clause is essential for maintaining control over sensitive information and preventing unauthorized disclosure by third parties, thereby protecting the interests of the disclosing party.
POPULAR SAMPLE Copied 3 times
Responsibility for Information Recipients. The Asset Representations Reviewer will be responsible for a breach of this Section 4.9 by its Information Recipients.
Responsibility for Information Recipients. The Asset Representations Reviewer will be responsible for a breach of this Section 4.9 by the ARR Information Recipients. The Issuer and the Servicer will be responsible for a breach of this Section 4.9 by the Issuer Information Recipients. The Issuer agrees to cause the Administrator to comply with this Section 4.9.

Related to Responsibility for Information Recipients

  • Company Creation and Use of Confidential Information The Executive understands and acknowledges that the Company has invested, and continues to invest, substantial time, money and specialized knowledge into developing its resources, creating a customer base, generating customer and potential customer lists, training its employees, and improving its product offerings in the field of financial services. The Executive understands and acknowledges that as a result of these efforts, the Company has created, and continues to use and create Confidential Information. This Confidential Information provides the Company with a competitive advantage over others in the marketplace.