Common use of Information to Be Held in Confidence Clause in Contracts

Information to Be Held in Confidence. Whether or not the closing shall take place, Seller waives any cause of action, right or claim arising out of the access of Buyer or its representatives to any trade secrets or other confidential business information of Seller from the date of the Agreement until the Closing Date, except for the intentional competitive misuse by Buyer or its representatives of such trade secrets or other confidential business information if the closing does not take place.