Common use of Obligations of Receiving Party Clause in Contracts

Obligations of Receiving Party. Receiving Party shall hold and maintain the Confidential Information in strictest confidence for the sole and exclusive benefit of the Disclosing Party. Receiving Party shall carefully restrict access to Confidential Information to employees, contractors and third parties as is reasonably required and shall require those persons to sign nondisclosure restrictions at least as protective as those in this Agreement. Receiving Party shall not, without the prior written approval of USAC, use for Receiving Party’s own benefit, publish, copy, or otherwise disclose to others, or permit the use by others for their benefit or to the detriment of USAC, any Confidential Information. Receiving Party shall return to USAC any and all records, notes, and other written, printed, or tangible materials in its possession pertaining to Confidential Information immediately if USAC requests it in writing.

Appears in 4 contracts

Samples: Attachment 9 – Nondisclosure Agreement, Nondisclosure Agreement, Nondisclosure Agreement

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