Common use of Non-Disclosure and Confidentiality Clause in Contracts

Non-Disclosure and Confidentiality. (a) Each party hereunder may disclose to the other certain Confidential Information of such party or of such party’s associated companies, suppliers, or Users. The Term “Confidential Information” means the MLS Databases and the MLS Content, as well as any other information or data that is of value to its owner, that is clearly designated (in writing) as being confidential and is otherwise treated by its owner as confidential. Notwithstanding the foregoing, Confidential Information does not include information that is (i) generally available to the public; (ii) already in the possession of the recipient without restriction; (iii) received from a third party without an obligation of confidentiality; (iv) developed independently by the recipient without reference to the discloser’s Confidential Information; (v) subject to written consent of the party which supplied such information authorizing disclosure; or (vi) required to be disclosed by the receiving party by applicable law or legal process, provided that the receiving party shall immediately notify the other party so that it can take steps to prevent its disclosure.

Non-Disclosure and Confidentiality. (a) Each party hereunder may disclose to the other certain Confidential Information of such party or of such party’s 's associated companies, suppliers, or Users. The Term “"Confidential Information” " means the MLS Databases and the MLS Content, as well as any other information or data that is of value to its owner, that is clearly designated (in writing) as being confidential and is otherwise treated by its owner as confidential. Notwithstanding the foregoing, Confidential Information does not include information that is (i) generally available to the public; (ii) already in the possession of the recipient without restriction; (iii) received from a third party without an obligation of confidentiality; (iv) developed independently by the recipient without reference to the discloser’s 's Confidential Information; (v) subject to written consent of the party which supplied such information authorizing disclosure; or (vi) required to be disclosed by the receiving party by applicable law or legal process, provided that the receiving party shall immediately notify the other party so that it can take steps to prevent its disclosure.

Non-Disclosure and Confidentiality. (a) Each party hereunder may disclose to the other certain Confidential Information of such party or of such party’s 's associated companies, suppliers, or UsersParticipants. The Term “"Confidential Information” " means the MLS Databases and the MLS Content, as well as any other information or data that is of value to its owner, that is clearly designated (in writing) as being confidential and is otherwise treated by its owner as confidential. Notwithstanding the foregoing, Confidential Information does not include information that is (i) generally available to the public; (ii) already in the possession of the recipient without restriction; (iii) received from a third party without an obligation of confidentiality; (iv) developed independently by the recipient without reference to the discloser’s 's Confidential Information; (v) subject to written consent of the party which supplied such information authorizing disclosure; or (vi) required to be disclosed by the receiving party by applicable law or legal process, provided that the receiving party shall immediately notify the other party so that it can take steps to prevent its disclosure.