Common use of General Restrictions on Use and Disclosure Clause in Contracts

General Restrictions on Use and Disclosure. 6.1.1 A party (in its capacity as the “Discloser”) may disclose Confidential Information to the other party (the “Recipient”). For a period of five (5) years following its disclosure, Recipient shall hold the Confidential Information in confidence, and may disclose or use the Discloser’s Confidential Information only as permitted by this Agreement. Recipient shall not use the Confidential Information for any other purpose without the prior written consent of Discloser. Recipient shall notify Discloser immediately, and shall cooperate fully, at Discloser’s reasonable request, upon Recipient’s discovery of any loss or compromise of the Confidential Information.

Appears in 2 contracts

Samples: Sublicense Agreement (Silo Pharma, Inc.), Sublicense Agreement (Hoth Therapeutics, Inc.)

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General Restrictions on Use and Disclosure. 6.1.1 7.1.1 A party (in its capacity as the “Discloser”) may disclose Confidential Information to the other party (the “Recipient”). For a period of five (5) years following its disclosure, Recipient shall hold the Confidential Information in confidence, and may disclose or use the Discloser’s Confidential Information only as permitted by this Agreement. Recipient shall not use the Confidential Information for any other purpose without the prior written consent of Discloser. Recipient shall notify Discloser immediately, and shall cooperate fully, at Discloser’s reasonable request, upon Recipient’s discovery of any loss or compromise of the Confidential Information.

Appears in 2 contracts

Samples: Master License Agreement (Silo Pharma, Inc.), Master License Agreement (Aikido Pharma Inc.)

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