Common use of Duty to Maintain Confidentiality Clause in Contracts

Duty to Maintain Confidentiality. The Party disclosing Confidential Information shall at all times retain title to the Confidential Information. The receiving Parties shall preserve and protect the confidentiality of the disclosing Party’s Confidential Information using precautions at least as restrictive as those it takes to protect their own confidential, proprietary and trade secret information (but in no event less than a reasonable degree of care). Except as expressly authorized by this Agreement, the receiving Parties shall not allow others to use, display, copy, disclose, transmit, reverse engineer, disassemble, decompile, or translate all or any part of such Confidential Information without the disclosing Party’s prior written consent. The receiving Parties shall limit access to the disclosing Party’s Confidential Information to its and its affiliates’ directors, officers, managers, employees and contractors who: (i) have a need to know such Confidential Information to enable that Person to perform its, his or her obligations under this Agreement and (ii) are obligated to protect the confidentiality of such Confidential Information under substantially similar terms as those set forth in this paragraph 4. The receiving Parties shall be fully and directly responsible and liable to the disclosing Party for any breach of this paragraph 4 by any Persons receiving access to the disclosing Party’s Confidential Information through or on behalf of such receiving Party. The disclosing Party shall be entitled to injunctive relief for any breach or threatened breach of this paragraph 4.

Appears in 4 contracts

Samples: Processing Agreement, Processing Agreement (Planet Payment Inc), Multi Currency Processing Agreement (Planet Payment Inc)

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Duty to Maintain Confidentiality. The Party party disclosing Confidential Information shall at all times retain title to the Confidential Information. The receiving Parties parties shall preserve and protect the confidentiality of the disclosing Partyparty’s Confidential Information using precautions at least as restrictive as those it takes to protect their its own confidential, proprietary and trade secret information Confidential Information (but in no event less than a reasonable degree of care). Except as expressly authorized by this Agreement, the receiving Parties parties shall not allow others to use, display, copy, disclose, transmit, reverse engineer, disassemble, decompile, or translate all or any part of such Confidential Information without the disclosing Partyparty’s prior written consent. The receiving Parties parties shall limit access to the disclosing Partyparty’s Confidential Information to [*] (or any other applicable member) and to its and its affiliatesAffiliates’ directors, officers, managers, employees and contractors subcontractors who: (i) have a need to know such Confidential Information to enable that Person such party to perform its, his or her obligations under this Agreement and (ii) are obligated to protect the confidentiality of such Confidential Information under substantially similar terms as those set forth in this paragraph 4Section 12. The receiving Parties parties shall be fully and directly responsible and liable to the disclosing Party party for any breach of this paragraph 4 Section 12 by any Persons persons receiving access to the disclosing Partyparty’s Confidential Information through or on behalf of such receiving Partyparty. The disclosing Party party shall be entitled to injunctive relief for any breach or threatened breach of this paragraph 4Section 12.

Appears in 2 contracts

Samples: Service Agreement (Planet Payment Inc), Service Agreement (Planet Payment Inc)

Duty to Maintain Confidentiality. The Party party disclosing Confidential Information shall at all times retain title to the Confidential Information. The receiving Parties parties shall preserve and protect the confidentiality of the disclosing Partyparty’s Confidential Information using precautions at least as restrictive as those it takes to protect their its own confidential, proprietary and trade secret information Confidential Information (but in no event less than a reasonable degree of care). Except as expressly authorized by this Agreement, the receiving Parties parties shall not allow others to use, display, copy, disclose, transmit, reverse engineer, disassemble, decompile, or translate all or any part of such Confidential Information without the disclosing Partyparty’s prior written consent. The receiving Parties parties shall limit access to the disclosing Partyparty’s Confidential Information to HSBC (or any other applicable member) and to its and its affiliatesAffiliates’ directors, officers, managers, employees and contractors subcontractors who: (i) have a need to know such Confidential Information to enable that Person such party to perform its, his or her obligations under this Agreement and (ii) are obligated to protect the confidentiality of such Confidential Information under substantially similar terms as those set forth in this paragraph 4Section 12. The receiving Parties parties shall be fully and directly responsible and liable to the disclosing Party party for any breach of this paragraph 4 Section 12 by any Persons persons receiving access to the disclosing Partyparty’s Confidential Information through or on behalf of such receiving Partyparty. The disclosing Party party shall be entitled to injunctive relief for any breach or threatened breach of this paragraph 4Section 12.

Appears in 2 contracts

Samples: Service Agreement (Planet Payment Inc), Service Agreement (Planet Payment Inc)

Duty to Maintain Confidentiality. The Party party disclosing Confidential Information shall at all times retain title to the Confidential Information. The receiving Parties parties shall preserve and protect the confidentiality of the disclosing Partyparty’s Confidential Information using precautions at least as restrictive as those it takes to protect their its own confidential, proprietary and trade secret information Confidential Information (but in no event less than a reasonable degree of care). Except as expressly authorized by this Agreement, the receiving Parties parties shall not allow others to use, display, copy, disclose, transmit, reverse engineer, disassemble, decompile, or translate all or any part of such Confidential Information without the disclosing Partyparty’s prior written consent. The receiving Parties parties shall limit access to the disclosing Partyparty’s Confidential Information to [*] and to its and its affiliatesAffiliates’ directors, officers, managers, employees and contractors subcontractors who: (i) have a need to know such Confidential Information to enable that Person such party to perform its, his or her obligations under this Agreement and (ii) are obligated to protect the confidentiality of such Confidential Information under * Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. substantially similar terms as those set forth in this paragraph 4Section 12. The receiving Parties parties shall be fully and directly responsible and liable to the disclosing Party party for any breach of this paragraph 4 Section 12 by any Persons persons receiving access to the disclosing Partyparty’s Confidential Information through or on behalf of such receiving Partyparty. The disclosing Party party shall be entitled to injunctive relief for any breach or threatened breach of this paragraph 4Section 12.

Appears in 2 contracts

Samples: Service Agreement (Planet Payment Inc), Service Agreement (Planet Payment Inc)

Duty to Maintain Confidentiality. The Party party disclosing Confidential Information shall at all times retain title to the Confidential Information. The receiving Parties parties shall preserve and protect the confidentiality of the disclosing Partyparty’s Confidential Information using precautions at least as restrictive as those it takes to protect their its own confidential, proprietary and trade secret information Confidential Information (but in no event less than a reasonable degree of care). Except as expressly authorized by this Agreement, the receiving Parties parties shall not allow others to use, display, copy, disclose, transmit, reverse engineer, disassemble, decompile, or translate all or any part of such Confidential Information without the disclosing Partyparty’s prior written consent. The receiving Parties parties shall limit access to the disclosing Partyparty’s Confidential Information to any Sponsor and to its and its affiliatesAffiliates’ directors, officers, managers, employees and contractors subcontractors who: (i) have a need to know such Confidential Information to enable that Person such party to perform its, his or her obligations under this Agreement and (ii) are obligated to protect the confidentiality of such Confidential Information under substantially similar terms as those set forth in this paragraph 4Section 14. The receiving Parties parties shall be fully and directly responsible and liable to the disclosing Party party for any breach of this paragraph 4 Section 14 by any Persons persons receiving access to the disclosing Partyparty’s Confidential Information through or on behalf of such receiving Partyparty. The disclosing Party party shall be entitled to injunctive relief for any breach or threatened breach of this paragraph 4Section 14. Nothing in this Section 14 shall be interpreted to limit the restrictions related to security set forth in Schedule 5.

Appears in 1 contract

Samples: Services Agreement (Planet Payment Inc)

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Duty to Maintain Confidentiality. The Party disclosing Confidential Information shall at all times retain title to the Confidential Information. The receiving Parties shall preserve and protect the confidentiality of the disclosing Party’s Confidential Information using precautions at least as restrictive as those it takes to protect their own confidential, proprietary and trade secret information (but in no event less than a reasonable degree of care). Except as expressly authorized by this Agreement, the receiving Parties shall not allow others to use, display, copy, disclose, transmit, reverse engineer, disassemble, decompile, or translate all or any part of such Confidential Information without the disclosing Party’s prior written consent. The receiving Parties shall limit access to the disclosing Party’s Confidential Information to its and its affiliates’ directors, officers, managers, employees and contractors who: (iwho:(i) have a need to know such Confidential Information to enable that Person to perform its, his or her obligations under this Agreement and (ii) are obligated to protect the confidentiality of such Confidential Information under substantially similar terms as those set forth in this paragraph 4Section. The receiving Parties shall be fully and directly responsible and liable to the disclosing Party for any breach of this paragraph 4 Section by any Persons receiving access to the disclosing Party’s Confidential Information through or on behalf of such receiving Party. The disclosing Party shall be entitled to injunctive toinjunctive relief for any breach or threatened breach of this paragraph 4.Section. (c)

Appears in 1 contract

Samples: Agency Agreement

Duty to Maintain Confidentiality. The Party disclosing Confidential Information shall at all times retain title to the Confidential Information. The receiving Parties shall preserve and protect the confidentiality of the disclosing Party’s Confidential Information using precautions at least as restrictive as those it takes to protect their own confidential, proprietary and trade secret information (but in no event less than a reasonable degree of care). Except as expressly authorized by this Agreement, the receiving Parties shall not allow others to use, display, copy, disclose, transmit, reverse engineer, disassemble, decompile, or translate all or any part of such Confidential Information without the disclosing Party’s prior written consent. The receiving Parties shall limit access to the disclosing Party’s Confidential Information to its and its affiliates’ directors, officers, managers, employees and contractors who: (i) have a need to know such Confidential Information to enable that Person to perform its, his or her obligations under this Agreement and (ii) are obligated to protect the confidentiality of such Confidential Information under substantially similar terms as those set forth in this paragraph 4Section. The receiving Parties shall be fully and directly responsible and liable to the disclosing Party for any breach of this paragraph 4 Section by any Persons receiving access to the disclosing Party’s Confidential Information through or on behalf of such receiving Party. The disclosing Party shall be entitled to injunctive relief for any breach or threatened breach of this paragraph 4Section.

Appears in 1 contract

Samples: Agency Agreement (Ipsidy Inc.)

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