The policy states that personal data may be transferred to third parties as an asset in connection with mergers, acquisitions, joint ventures, financings, asset sales, or insolvency proceedings, including during the negotiation phase of such transactions.
This analysis describes what LlamaIndex's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
This provision authorizes disclosure of personal data to prospective acquirers or creditors during deal negotiations and in insolvency proceedings, which may occur before any transaction is finalized and without individual user notification at the time of transfer.
Under this clause, personal data collected by LlamaIndex may be transferred to third-party acquirers or insolvency administrators as a business asset, including during pre-transaction due diligence, under the terms stated in the policy.
Cross-platform context
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Compare across platforms →"We may take part in or be involved with a business transaction or reorganization, such as a merger, acquisition, joint venture, or financing or sale of company assets. We may disclose, transfer, or assign personal data to a third party during negotiation of, in connection with, or as an asset in such a business transaction or reorganization. Also, in the unlikely event of our bankruptcy, receivership, or insolvency, your personal data may be disclosed, transferred, or assigned to third parties in connection with the proceedings or disposition of our assets.Excerpt from LlamaIndex's Privacy Policy
1) REGULATORY LANDSCAPE: GDPR requires that data transfers in the context of M&A transactions satisfy lawful basis and transparency requirements; transfers to entities in non-adequate third countries require additional safeguards.
Enforcement risk, jurisdiction flags, contract triggers, and due diligence action items.
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This provision authorizes disclosure of personal data to prospective acquirers or creditors during deal negotiations and in insolvency proceedings, which may occur before any transaction is finalized and without individual user notification at the time of transfer.
Under this clause, personal data collected by LlamaIndex may be transferred to third-party acquirers or insolvency administrators as a business asset, including during pre-transaction due diligence, under the terms stated in the policy.
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