Definizione di Receiving Party
Examples of Receiving Party in a sentence
In the event of termination of this Agreement for any reason and at any time, upon request of the Disclosing Party, the Receiving Party shall return to the Disclosing Party or destroy all documents and media containing the Confidential Information, as well as all originals, copies, extracts and summaries of documentary material and other manifestations of Confidential Information except for one (1) copy which may be retained in the legal files for evidentiary purposes only.
The Receiving Party is responsible to ensure that such people comply with such confidentiality and non-disclosure obligations; The Parties expressly agree that Confidential Information is relevant, essential and confidential and its disclosure would seriously affect the effectiveness and success of the service, and that any breach of this clause constitutes a material breach of this agreement.
It is understood that each Party will be responsible for any damage and loss suffered by the other Party in the execution of this Contract, arising from the non-compliance, by the receiving Party of Confidential Information, the Scientific Responsible or the Personnel, with the confidentiality obligations provided by this Contract or arising from the unlawful use of Confidential Information by the Receiving Party, the Scientific Responsible and the Personnel.
If the Receiving Party disseminates, publishes or discloses to any third party or uses in any other manner not permitted in this Agreement, any Confidential Information in breach of this Agreement, or threatens or appears to be preparing to do so, in addition to any other remedy to which the Disclosing Party may be entitled, the Disclosing Party shall be entitled to seek an injunction restraining the Receiving Party from breaching or further breaching this Agreement and compensation for damages.
However, Receiving Party is entitled to retain one copy of Confidential Information for the sole purpose of determining its obligations under this Agreement.
At the Disclosing Party’s request, the Receiving Party will promptly destroy all such information instead of returning it.
Upon expiration, or sooner the Disclosing Party's request, the Receiving Party shall promptly return to the Disclosing Party all Research Materials and Confidential Information, with the exception that the Receiving Party may retain one copy of the Confidential Information for archival purposes and any electronic back-up copies maintained in the ordinary course of business, all of which shall remain subject to the confidentiality obligations hereunder.
Upon termination or expiration of this Agreement, or at any other time upon the request of the Disclosing Party, except to the extent required by applicable laws or regulations, the Receiving Party shall, if and as requested by the Disclosing Party in writing, promptly return to the Disclosing Party or destroy all of the Disclosing Party’s Confidential Information that is in its possession or control.
Notwithstanding the foregoing, Receiving Party may retain one copy of the foregoing materials in a secure location solely for determining compliance with its obligations hereunder.
Should Sponsor deem it necessary to disclose information considered confidential and/or proprietary by it to University, it will be clearly marked by Sponsor, in writing, as "Confidential Information.” Proprietary/confidential information shall also include oral disclosures provided that the oral disclosure is reduced to writing in summary form, marked as “Confidential Information,” and delivered to the Receiving Party within thirty (30) days of oral disclosure.