Common use of Destruction/Return of Confidential Information Clause in Contracts

Destruction/Return of Confidential Information. Upon the termination or expiration of this Agreement, or at any time upon the request of a Party, the other Party shall return or destroy (and cause its affiliates and subcontractors to return or destroy) all Confidential Information, including Customer Information, in the possession of such party or in the possession of any third party over which such party has or may exercise control. However, to the extent such Confidential Information is necessary for the Recipient to perform one or more obligations that survive the termination or expiration of this Agreement, the Recipient shall not be required to return or destroy such Confidential Information until all such surviving obligations have been satisfied. Notwithstanding anything to the contrary herein, each Party shall be entitled to retain one (1) copy of any Confidential Information of the other Party for archival purposes or to satisfy any statutory or future legal requirements. Any such retained Confidential Information shall be protected as described in this Section 23.

Appears in 1 contract

Sources: Administrative Services Agreement

Destruction/Return of Confidential Information. Upon the termination or expiration of this Agreement, or at any time upon the request of a Party, the other Party shall return or destroy (and cause its affiliates and subcontractors to return or destroy) all Confidential Information, including Customer Information, in the possession of such party or in the possession of any third party over which such party has or may exercise control. However, to the extent such Confidential Information is necessary for the Recipient to perform one or more obligations that survive the termination or expiration of this Agreement, the Recipient shall not be required to return or destroy such Confidential Information until all such surviving obligations have been satisfied. Notwithstanding anything to the contrary herein, each Party shall be entitled to retain one (1) copy of any Confidential Information of the other Party for archival purposes or to satisfy any statutory or future legal requirements. Any such retained Confidential Information shall be protected as described in this Section 2325.

Appears in 1 contract

Sources: Administrative Services Agreement