Obligation of Recipient Sample Clauses

The Obligation of Recipient clause defines the responsibilities and duties that the recipient of certain information, goods, or services must uphold under the agreement. Typically, this clause requires the recipient to use the information only for specified purposes, maintain confidentiality, and comply with any restrictions or conditions set by the disclosing party. Its core practical function is to ensure that the recipient acts in accordance with the agreed terms, thereby protecting the interests of the disclosing party and preventing misuse or unauthorized disclosure.
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Obligation of Recipient. The Recipient’s obligations to maintain the confidentiality of Confidential Information pursuant to Section 2 specifically include, but are not limited to, not disclosing Confidential Information to any persons or entities engaged in a field of business similar to KBS or in the non-traded REIT industry.
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Obligation of Recipient. The Recipient’s obligations to maintain acknowledges, and agrees that: the confidentiality of Confidential Information pursuant to Section 2 specifically include, but are not limited to, not disclosing Confidential 8.1 It is aware and its Representatives have been advised that Information to any persons or entities engaged in a field of business securities laws prohibit any person who has material non-public similar to KBS or in the non-traded REIT industry. information about a public company from purchasing or selling securities of such company.
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Obligation of Recipient. The City is responsible for complete, diligent, timely, and on budget Project implementation, any cost overruns and the operation, maintenance and repair for full lifecycle of infrastructure. The City will apply and ensure that all contractors and others participating in Project implementation comply with all applicable laws. The City will undertake and cause to be undertaken all Project construction and engineering work in compliance with prevailing industry standards. Canada’s contribution is a financial contribution only and Canada will have no involvement whatsoever in the operation of the Project.
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Obligation of Recipient. The Recipient shall not without the prior written consent of the Discloser communicate or otherwise make available the Confidential Information to any third party save in so far as is necessary for an application for registration of an Arising Intellectual Property Right. The Recipient shall forthwith notify the Discloser of any such application and the Discloser may refuse permission to allow publication. However, such permission may not be reasonably refused.
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Related to Obligation of Recipient

  • Obligation of Sender The Transfer Agent is authorized to promptly debit the appropriate Fund account(s) upon the receipt of a payment order in compliance with the selected security procedure (the "Security Procedure") chosen for funds transfer and in the amount of money that the Transfer Agent has been instructed to transfer. The Transfer Agent shall execute payment orders in compliance with the Security Procedure and with the Fund instructions on the execution date provided that such payment order is received by the customary deadline for processing such a request, unless the payment order specifies a later time. All payment orders and communications received after this the customary deadline will be deemed to have been received the next business day.

  • Obligation of Confidentiality The parties agree to hold all Confidential Information in strict confidence and not to copy, reproduce, sell, transfer, or otherwise dispose of, give or disclose such Confidential Information to third parties other than employees, agents, or subcontractors of a party who have a need to know in connection with this Contract or to use such Confidential Information for any purposes whatsoever other than the performance of this Contract. The parties agree to advise and require their respective employees, agents, and subcontractors of their obligations to keep all Confidential Information confidential. Disclosure to a subcontractor is permissible where: (a) use of a subcontractor is authorized under this Contract; (b) the disclosure is necessary or otherwise naturally occurs in connection with work that is within the subcontractor's responsibilities; and (c) Contractor obligates the subcontractor in a written contract to maintain the State's Confidential Information in confidence. At the State's request, any employee of Contractor or any subcontractor may be required to execute a separate agreement to be bound by the provisions of this Section.

  • Obligation of Parties Following issue of Termination Notice by either Party, the Parties shall promptly take all such steps as may be necessary or required to ensure that; (i) until Termination the Parties shall, to the fullest extent possible, discharge their respective obligations so as to maintain the continued operation of the Project Facilities; (ii) the termination payment, if any, payable by the Authority in accordance with the following Clause 9.2 (e) is paid to the Developer on the Termination Date; and (iii) the Project Site and the Project Facilities are handed over to the Authority by the Developer on the Termination Date free from any Encumbrance along with any payment that may be due by the Developer to the Authority.

  • Duration of Confidentiality Obligation These obligations apply (1) for Customer Data, until it is deleted from the Online Services; and (2) for all other Confidential Information, for a period of five years after a party receives the Confidential Information. Product warranties.

  • Obligations of Business Associate Upon Termination Upon termination of this Agreement for any reason, business associate shall return to covered entity or, if agreed to by covered entity, destroy all protected health information received from covered entity, or created, maintained, or received by business associate on behalf of covered entity, that the business associate still maintains in any form. Business associate shall retain no copies of the protected health information.