Common use of Destruction of Materials Clause in Contracts

Destruction of Materials. Any materials or documents that have been furnished by one Party to the other in connection with the Relationship, as well as any other Confidential Information of the Disclosing Party, shall be promptly destroyed by the Receiving Party, accompanied by all copies of such documentation and derivative materials, within ten (10) days after the earlier of (a) the date the Relationship has been rejected or concluded or (b) the written request of the Disclosing Party. Notwithstanding the foregoing, The Receiving Party and its Representatives shall have the right to retain copies of the Confidential Information (including any notes or analyses thereon) to the extent (I) required to comply with legal or regulatory requirements or to demonstrate compliance with fiduciary duties or (ii) stored on routine backup systems; provided, however, that any such retained Confidential Information shall remain subject to the provisions of this Agreement.

Destruction of Materials. Any materials or documents that have been furnished by one Party to the other in connection with the Relationship, as well as any other Confidential Information of the Disclosing Party, shall be promptly destroyed by the Receiving Party, accompanied by all copies of such documentation and derivative materials, within ten (10) days after the earlier of (a) the date the Relationship has been rejected or concluded or (b) the written request of the Disclosing Party. Notwithstanding the foregoing, The Receiving Party and its Representatives shall have the right to retain copies of the Confidential Information (including any notes or analyses thereon) to the extent (Ii) required to comply with legal or regulatory requirements or to demonstrate compliance with fiduciary duties or (ii) stored on routine backup systems; provided, however, that any such retained Confidential Information shall remain subject to the provisions of this Agreement.