Confidentiality; Information Sharing, Assignment; Sale of Loan Sample Clauses

Confidentiality; Information Sharing, Assignment; Sale of Loan. Each party hereto agrees that the terms of this Agreement and the other Loan Documents, are confidential and shall not be disclosed to any other person or entity without the written consent of all of the parties hereto (unless ordered to do so by a court of competent jurisdiction or otherwise required by applicable law, including without limitation the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder). Provided, however, that a party may disclose the terms of this Agreement and the other Loan Documents to members of its and its affiliates' board of directors, management, employees, shareholders, officers, advisors, and others within their organizations with a need to know, subject to the conditions that the receiving party (a) notify such board members, management employees, shareholder, advisors, officers, and others within their organization with a need to know that the terms of this Agreement and the other Loan Documents are subject to a confidentiality agreement, and (b) obtain such person's agreement to maintain the confidentiality of the terms of this Agreement or the other Loan Documents. And, provided, further, that Ocwen may disclose the terms of this Agreement and the other Loan Documents to any party interested in buying or participating in the Loan and taking assignment of this Agreement and the other Loan Documents, but Ocwen shall first obtain confidentiality agreements substantially in the form of the agreement attached hereto as Exhibit D or in another form reasonably acceptable to Balanced Care and LMR from such interested third parties. Notwithstanding the foregoing, the Borrower, and all other members of the Obligated Group, on their own behalf and on behalf of their partners, principals, shareholders, and all other Persons claiming by, through, or under any of them, and their respective successors and assigns (as used hereinafter "Borrowing Parties"), hereby authorize and consent to Ocwen's disclosure of any and all documents, reports, studies, materials, financial statements, operating statements and other information of whatsoever kind or nature relating to or provided by any of the Borrowing Parties or the Projects (collectively "Information") for purposes of evaluating the Loan transaction, including but not limited to reviewing and approving all due diligence in connection with the Loan transaction. The Borrowing Parties have notified and obtained the c.

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