Common use of Mutual Undertaking Clause in Contracts

Mutual Undertaking. 13.1.1. Throughout the term of this Agreement and for [***] years following its expiration or termination, the Parties agree to keep all Confidential Information disclosed by the other Party in connection with these MTC’s and applicable Supply Agreement confidential. [***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. 13.1.2. For the purpose of this article, the term “Confidential Information” shall mean the terms of these MTC’s and any applicable Supply Agreement, as well as all technical, commercial, marketing, industrial, financial and other information, lawfully belonging to or held by one of the Parties, which is communicated in any form whatsoever (written, orally, graphic, computerised or otherwise) to the other Party within the scope of this Agreement, whether before or after the date of this Agreement.

Appears in 2 contracts

Sources: Supply Agreement, Supply Agreement (Loop Industries, Inc.)