Received From Third Party Sample Clauses
The "Received From Third Party" clause defines how information or materials obtained from a third party are treated under an agreement. Typically, this clause clarifies that if one party receives information from an external source, and that information was not subject to confidentiality obligations or was lawfully obtained, it is not considered confidential under the contract. This provision helps prevent disputes by ensuring that parties are not held responsible for protecting information that is already public or independently acquired, thereby allocating risk and clarifying the scope of confidentiality obligations.
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Received From Third Party. Is received from a third party who is legally free to disclose such CONFIDENTIAL INFORMATION and who did not receive such CONFIDENTIAL INFORMATION in confidence from the disclosing PARTY; or
Received From Third Party. Such information was or is hereafter rightfully received by the party from a third party (expressly excluding the Fund’s custodian, prime broker and administrator) without restriction on its disclosure and without breach of this Agreement or of a similar confidential disclosure agreement regarding them; or
Received From Third Party. Is received from a third party who is legally free to disclose such Confidential Information and who did not receive such Confidential Information in confidence from the disclosing party; or