Common use of LEGAL ACTIONS AND GOVERNMENT REGULATIONS Clause in Contracts

LEGAL ACTIONS AND GOVERNMENT REGULATIONS. Should the receiving Party be faced with legal action or a requirement under U.S. or foreign government regulations to disclose Proprietary Information received hereunder, the receiving Party shall forthwith notify the disclosing Party, and upon the request of the latter, the receiving Party shall cooperate in contesting such disclosure. Except in connection with a failure to discharge the responsibilities set forth in the preceding sentence, neither Party shall be liable in any way for any disclosures made pursuant to judicial action or U.S. or foreign government regulations. In addition, neither Party shall be liable in any way for any inadvertent disclosure or use where the customary degree of care has been exercised by the receiving Party as it normally uses to protect its own Proprietary Information; provided that in no event shall less than a reasonable standard of care be used by a Party, and upon discovery of such inadvertent disclosure or use, the receiving Party shall notify the original disclosing Party immediately, and shall endeavor to prevent any further inadvertent disclosure or use.

Appears in 5 contracts

Samples: Non Disclosure Agreement, Non Disclosure Agreement, Non Disclosure Agreement

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LEGAL ACTIONS AND GOVERNMENT REGULATIONS. Should the receiving Receiving Party be faced with legal action or a requirement under U.S. or foreign government regulations to disclose Proprietary the Disclosing Party’s Confidential Information received hereunder, the receiving Receiving Party shall forthwith notify the disclosing Disclosing Party, and upon the request of the latterDisclosing Party, the receiving Receiving Party shall cooperate in contesting such disclosure. Except in connection with a failure to discharge the responsibilities set forth in the preceding sentence, neither the Receiving Party shall not be liable in any way for any disclosures made pursuant to judicial action or U.S. or foreign government regulations. In addition, neither the Receiving Party shall not be liable in any way for any inadvertent disclosure or use where the customary degree of care has been exercised by the receiving Receiving Party as it normally uses to protect its own Proprietary Informationconfidential information; provided that in no event shall less than a reasonable standard of care be used by a Partythat, and upon discovery of such inadvertent disclosure or use, the receiving Receiving Party shall notify the original disclosing Disclosing Party immediately, and shall endeavor to prevent any further inadvertent disclosure or use.

Appears in 2 contracts

Samples: Reciprocal Non Disclosure Agreement, Reciprocal Non Disclosure Agreement

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LEGAL ACTIONS AND GOVERNMENT REGULATIONS. Should the receiving Party be faced with legal action or a requirement under U.S. or foreign government regulations to disclose Proprietary Information Confidential Material received hereunder, the receiving Party shall forthwith notify the disclosing Party, and upon the request of the latter, the receiving Party shall cooperate in contesting such disclosure. Except in connection with a failure to discharge the responsibilities set forth in the preceding sentence, neither Party shall be liable in any way for any disclosures made pursuant to judicial action or U.S. or foreign government regulations. In addition, neither Party shall be liable in any way for any inadvertent disclosure or use where the customary degree of care has been exercised by the receiving Party as it normally uses to protect its own Proprietary InformationConfidential Material; provided that in no event shall less than a reasonable standard of care be used by a Party, and upon discovery of such inadvertent disclosure or use, the receiving Party shall notify the original disclosing Party immediately, and shall endeavor to prevent any further inadvertent disclosure or use.

Appears in 1 contract

Samples: Confidentiality Agreement

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