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11-25-2019
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11-25-2019
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Last modified
1/29/2025 9:16:35 AM
Creation date
1/29/2020 1:23:30 PM
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MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
11/4/2019
Commission Doc Number (Ord & Res)
0
Supplemental fields
Date
11/4/2019
EDA Document Type
Council Packets
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9 <br />Mounds View Loan Servicing Contract #3084 <br />621273v5MU205-13 <br />honor a subpoena, court or administrative order, or a requirement of law on a timely <br />basis. <br /> <br />Notwithstanding this section, CEE is expressly permitted to release information to <br />borrowers upon written request regarding their specific loans; and, following receipt of <br />borrower’s written authorization to release information, CEE is expressly authorized to <br />release such information regarding that borrower's loan to a third party. <br /> <br />CEE shall cause vendors, if any, not to use or disclose any Confidential Information of <br />Client except in compliance with this Agreement. Notwithstanding the foregoing, a <br />vendor may disclose Confidential Information as required pursuant to a court or <br />administrative subpoena, order or other such legal process or requirement of law; <br />provided, however, that it shall first notify Client of such request or requirement, unless <br />such notice is prohibited by statute, rule or court order. CEE shall not, on Client’s behalf, <br />require a vendor to fail to honor a subpoena, court or administrative order, or a <br />requirement of law on a timely basis. CEE shall also cause vendors not to remove any <br />Confidential Information from Client premises without Client’s prior written <br />authorization. <br /> <br />Each party shall limit access to the other party’s Confidential Information to only those of <br />its employees and agents who require such access in performing their duties hereunder. <br />CEE agrees to either return the Confidential Information to Client or destroy the <br />Confidential Information upon completion of the work or, in any event, upon termination <br />of the Agreement between the parties. Except as expressly provided in this Agreement, <br />no ownership or license rights are granted in any Confidential Information. <br />Notwithstanding anything to the contrary in this Agreement, Confidential Information <br />may be disclosed to a party’s accountants, attorneys, insurers, regulators and consultants. <br />Notwithstanding the foregoing, a party may retain one archival copy of Confidential <br />Information that may be used solely to demonstrate compliance with this Agreement, <br />Applicable Law, and internal policies and procedures. <br /> <br />“Confidential Information” for purposes of this Agreement, shall mean any information <br />of CEE, Client, or their respective affiliates, whether written or oral, including: <br /> <br />A. Financial Information, marketing plans, and personnel records; <br /> <br />B. Technical and non-technical data, including without limitation, customer <br />lists, customer information, costumer non-public information, fee schedules, <br />forms, information, business and management methods, trade secrets, <br />compilation and analysis of financial information and data to prepare and <br />submit bids and proposals to third parties; <br /> <br />C. Other proprietary or confidential information; <br />
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