Common use of Permissible Use Clause in Contracts

Permissible Use. Recipient may use Discloser’s Confidential Information only for the purpose of performing its obligations under this Agreement and may not disclose any such Confidential Information except as follows: (a) to employees, contractors and financial and legal advisors of Recipient who have a need to know, are under an obligation of confidentiality, and have been informed of Recipient’s obligations hereunder; and (b) when and to the extent that disclosure is required under applicable Law, if Recipient first gives Discloser notice of the required disclosure and reasonably cooperates with Discloser, at Discloser’s expense, in seeking reasonable protective arrangement; provided, however, that Recipient is not required to act in a manner which would result in sanctions or other penalties).Recipient shall preserve all proprietary markings on Discloser’s Confidential Information provided to Recipient. At Discloser’s request, Recipient shall return Confidential Information to Discloser or destroy it and certify its destruction.