Examples of Permitted Party in a sentence
For the avoidance of doubt, during the Confidentiality Period the Recipient may not disclose (except to a Permitted Party) the Outcomes Summary (and if Schedule 1 (Research & Report Principles) applies, the draft and/ or final versions of the Report/ and Results) to any of its Related Persons unless such persons are actively working on the Project.
A separate Confidentiality Agreement must be signed by each natural person who seeks access to the records on behalf of a Permitted Party.
If the Sponsored Party or a Permitted Party believes that the return or destruction of all Confidential Information under section 10 is not feasible, or if the Sponsored Party or a Permitted Party is required by applicable law or accounting rules or reasonable recordkeeping practices to retain a record copy of any Confidential Information for some period, the Sponsored Party shall notify the Bank in writing of the conditions that make return or destruction infeasible or that require retention.
Confidential Information in the Sponsored Party’s possession or control includes, in all circumstances, Confidential Information placed by the Sponsored Party, directly or indirectly, into the possession or control of any agent, professional advisor, or Permitted Party.
The Bank shall not withhold unreasonably its consent to the Sponsored Party’s request that it or a Permitted Party be permitted to retain certain Confidential Information under this section.