Common use of Obligation of the Parties Clause in Contracts

Obligation of the Parties. (a) The Receiving Party agrees that Confidential Information is to be considered confidential and proprietary to the Disclosing Party, and the Receiving Party shall keep the same confidential, shall not use Confidential Information contrary to this Agreement and shall not disclose such Confidential Information to any party except as permitted in this Agreement. Confidential Information shall not be used by the Receiving Party in the furtherance of its business interests with its other customers or clients and shall solely be used in connection with the evaluation of entering into an agreement for the exchange of services or in the provision of services to the Disclosing Party.

Appears in 3 contracts

Samples: RFP Mutual Confidentiality Agreement, Confidentiality Agreement, Confidentiality Agreement

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Obligation of the Parties. (a) The Receiving Party agrees that the Confidential Information is to be considered confidential and proprietary to the Disclosing Party, and the Receiving Party shall keep the same confidential, shall not use Confidential Information contrary to this Agreement and shall not disclose such Confidential Information to any party except as permitted in this Agreement. Confidential Information shall not be used by the Receiving Party in the furtherance of its business interests with its other customers or clients and shall solely be used in connection with the evaluation of entering into an agreement for the exchange of services or in the provision of services to the Disclosing Party.

Appears in 1 contract

Samples: Supplier Aggregation Service Agreement

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