Common use of Confidentiality and Non-Use Clause in Contracts

Confidentiality and Non-Use. The recipient of a disclosing Party’s Confidential Information shall maintain such Confidential Information in confidence, and shall disclose such Confidential Information only to its employees, agents, consultants, Affiliates, licensors, sublicensees, attorneys, accountants, investors, potential acquirors and advisors who have a reasonable need to know such Confidential Information and who are bound by obligations of confidentiality and non-use no less restrictive than those set forth herein and for whom each Party shall be responsible for any breach of this Section 6. The recipient of the disclosing Party’s Confidential Information shall use such Confidential Information solely to exercise its rights and perform its obligations under this Agreement (including, without limitation, the right to use and disclose such Confidential Information in regulatory applications and filings), unless otherwise mutually agreed in writing. The recipient of the other Party’s Confidential Information shall take the same degree of care that it uses to protect its own confidential and proprietary information of a similar nature and importance (but in any event no less than reasonable care).

Appears in 7 contracts

Samples: Agreement by And (Regen BioPharma Inc), Agreement by And (Regen BioPharma Inc), Agreement by And (SYBLEU Inc)

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Confidentiality and Non-Use. The recipient of a disclosing Party’s Confidential Information shall maintain such Confidential Information in confidence, and shall disclose such Confidential Information only to its employees, agents, consultants, Affiliates, licensors, sublicensees, attorneys, accountants, investors, potential acquirors and advisors who have a reasonable need to know such Confidential Information and who are bound by obligations of confidentiality and non-use no less restrictive than those set forth herein and for whom each Party shall be responsible for any breach of this Section 69. The recipient of the disclosing Party’s Confidential Information shall use such Confidential Information solely to exercise its rights and perform its obligations under this Agreement (including, without limitation, the right to use and disclose such Confidential Information in regulatory applications and filings), unless otherwise mutually agreed in writing. The recipient of the other Party’s Confidential Information shall take the same degree of care that it uses to protect its own confidential and proprietary information of a similar nature and importance (but in any event no less than reasonable care).

Appears in 5 contracts

Samples: Agreement by And (Regen BioPharma Inc), Agreement by And (Zander Therapeutics, Inc), Agreement by And (Bio-Matrix Scientific Group, Inc.)

Confidentiality and Non-Use. The recipient of a disclosing Partyparty’s Confidential Information shall maintain such Confidential Information in confidence, and shall disclose such Confidential Information only to its employees, agents, consultants, Affiliates, licensors, sublicensees, attorneys, accountants, investors, potential acquirors accountants and advisors who have a reasonable need to know such Confidential Information and who are bound by obligations of confidentiality and non-use no less restrictive than then those set forth herein and for whom each Party shall be responsible for any breach or (in the case of this Section 6attorneys) have fiduciary duties of confidentiality. The recipient of the disclosing Partyparty’s Confidential Information shall use such Confidential Information solely to exercise its rights and perform its obligations under this Agreement (including, without limitation, the right to use and disclose such Confidential Information in regulatory applications and filingsfilings contemplated by this Agreement), unless otherwise mutually agreed in writing. The recipient of the other Partyparty’s Confidential Information shall take the same degree of care that it uses to protect its own confidential and proprietary information of a similar nature and importance (but in any event no less than reasonable care). Notwithstanding the foregoing, each party may disclose only the terms of this agreement to bona fide investors, merger partners, or funding sources in connection with due diligence activities.

Appears in 5 contracts

Samples: Cross License Agreement (Asthmatx Inc), Cross License Agreement (Broncus Technologies Inc/Ca), Cross License Agreement (Asthmatx Inc)

Confidentiality and Non-Use. The recipient of a disclosing Party’s Confidential Information shall maintain such Confidential Information in confidence, and shall disclose such Confidential Information only to those of its employees, agents, consultants, Affiliates, licensors, sublicenseesSublicensees, attorneys, accountants, advisors, existing and potential investors, and potential acquirors development and advisors commercialization partners who have a reasonable need to know such Confidential Information for purposes contemplated by this Agreement and who are bound by obligations of confidentiality and non-use no less restrictive than those set forth herein and for whom each Party shall be responsible for any breach of this Section 6herein. The recipient of the disclosing Party’s Confidential Information shall use such Confidential Information solely to exercise its rights and perform its obligations under this Agreement (including, without limitation, the right to use and disclose such Confidential Information Information, to the extent required, in regulatory applications and filings), unless otherwise mutually agreed in writing. The recipient of the other disclosing Party’s Confidential Information shall take the same degree of care that it uses to protect its own confidential and proprietary information of a similar nature and importance (but in any event no less than reasonable care).

Appears in 2 contracts

Samples: Confidential Treatment (Otonomy, Inc.), Confidential Treatment (Otonomy, Inc.)

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Confidentiality and Non-Use. The recipient of a disclosing Party’s Confidential Information shall maintain such Confidential Information in confidence, and shall disclose such Confidential Information only to those of its employees, agents, consultants, Affiliates, licensors, sublicenseesSublicensees, attorneys, accountants, advisors, existing and potential investors, and potential acquirors development and advisors commercialization partners who have a reasonable need to know such Confidential Information for purposes contemplated by this Agreement and who are bound by obligations of confidentiality and non-use no less restrictive than then those set forth herein and for whom each Party shall be responsible for any breach of this Section 6herein. The recipient of the disclosing Party’s Confidential Information shall use such Confidential Information solely to exercise its rights and perform its obligations under this Agreement (including, without limitation, the right to use and disclose such Confidential Information Information, to the extent required, in regulatory applications and filings), unless otherwise mutually agreed in writing. The recipient of the other disclosing Party’s Confidential Information shall take the same degree of care that it uses to protect its own confidential and proprietary information of a similar nature and importance (but in any event no less than reasonable care).

Appears in 1 contract

Samples: License and Commercialization Agreement (Durect Corp)

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