Common use of Limitations of Use Clause in Contracts

Limitations of Use. Any Confidential Information disclosed by the Disclosing Party (whether for itself or for any Affiliate or the Company/ third party) to the Receiving Party under this Agreement shall remain the sole property of the Disclosing Party (or its Affiliate or the Company/third party, as applicable). The Receiving Party shall use Confidential Information only in connection with the Purpose, and shall use commercially reasonable measures to protect the Confidential Information consistent with the terms of this Agreement, which measures shall be no less stringent than those measures employed by the Receiving Party to protect its own similar confidential and proprietary information. Unless otherwise expressly permitted in this Agreement, the Confidential Information may be disclosed by the Receiving Party only to its and its Affiliates’ employees, directors, officers, consultants and professional advisors, in each case who need to know the Confidential Information in connection with the Purpose (collectively, “Representatives”), provided that such Representatives are informed of the terms of this Agreement, have obligations to the Receiving Party (or its Affiliate) that are no less stringent than the terms of this Agreement, and that the Receiving Party is responsible for its Representatives’ breaches. For the purpose of this Agreement, “Affiliate” shall mean, in relation to one entity (the first entity), any other entity which, directly or indirectly, controls, is controlled by or is under common control with, the first entity.

Limitations of Use. Any Confidential Information disclosed by the Disclosing Party (whether for itself or for any Affiliate or the Company/ Group/ third party) to the Receiving Party under this Agreement shall remain the sole property of the Disclosing Party (or its Affiliate or the CompanyGroup/third party, as applicable). The Receiving Party shall use Confidential Information only in connection with the Purpose, and shall use commercially reasonable measures to protect the Confidential Information consistent with the terms of this Agreement, which measures shall be no less stringent than those measures employed by the Receiving Party to protect its own similar confidential and proprietary information. Unless otherwise expressly permitted in this Agreement, the Confidential Information may be disclosed by the Receiving Party only to its and its Affiliates’ employees, directors, officers, consultants and professional advisors, in each case who need to know the Confidential Information in connection with the Purpose (collectively, “Representatives”), provided that such Representatives are informed of the terms of this Agreement, have obligations to the Receiving Party (or its Affiliate) that are no less stringent than the terms of this Agreement, and that the Receiving Party is responsible for its Representatives’ breaches. For the purpose of this Agreement, “Affiliate” shall mean, in relation to one entity (the first entity), any other entity which, directly or indirectly, controls, is controlled by or is under common control with, the first entity.