Common use of Recipient Obligations Clause in Contracts

Recipient Obligations. The Recipient shall: (a) protect and safeguard the confidentiality of all such Confidential Information with at least the same degree of care as the Recipient would protect its own Confidential Information, but in no event with less than a commercially reasonable degree of care; (b) not use the Disclosing Party's Confidential Information, or permit it to be accessed or used, for any purpose other than the Purpose; (c) not disclose any such Confidential Information to any person or entity, except to the Recipient's Representatives who (i) need to know the Confidential Information to assist the Recipient, or act on its behalf, in relation to the Purpose or to exercise its rights under this Agreement, (ii) are informed by the Recipient of the confidential nature of the Confidential Information and directed by the Recipient to observe the terms of this Agreement applicable to Recipient’s Representatives; and (d) be responsible for any breach of this Agreement by any of its Representatives.

Appears in 5 contracts

Samples: Mutual Confidentiality Agreement, Mutual Confidentiality Agreement, Confidentiality Agreement Sell

AutoNDA by SimpleDocs

Recipient Obligations. The Recipient shall: shall (a) protect and safeguard the confidentiality of all such Confidential Information with at least the same degree of care as the Recipient would protect its own Confidential Information, but in no event with less than a commercially reasonable degree of care; (b) not use the Disclosing Party's ’s Confidential Information, or permit it to be accessed or used, for any purpose other than the Purpose; (c) not disclose any such Confidential Information to any person or entity, except to the Recipient's ’s Representatives who (i) need to know the Confidential Information to assist the Recipient, or act on its behalf, in relation to the Purpose or to exercise its rights under this the Agreement, ; (ii) are informed by the Recipient of the confidential nature of the Confidential Information Information; and directed by (iii) are subject to confidentiality duties or obligations to the Recipient to observe that are no less restrictive than the terms and conditions of this Agreement applicable to Recipient’s RepresentativesAgreement; and (d) be responsible for any breach of this Agreement caused by any of its Representatives.

Appears in 1 contract

Samples: Mutual Confidentiality Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.