Common use of Restricted Use Clause in Contracts

Restricted Use. a. Recipient will use the Confidential Information for the sole purpose of the Evaluation. Recipient acknowledges that Confidential Information supplied by or on behalf of the Provider is the property of the Provider and the Recipient shall acquire no right, title or interest to such Confidential Information. b. Recipient and each Authorized Recipient (as defined below) will keep all Confidential Information confidential and will not disclose any Confidential Information, in whole or in part, in any manner whatsoever to any person or entity for any reason whatsoever, except that: (i) the Confidential Information may be disclosed to any of Recipient’s directors, officers, employees, agents and advisors (hereinafter referred to as “Authorized Recipients) who need to know such information for the sole purpose of the Evaluation (it being understood that each such Authorized Recipient shall be informed by Recipient to treat such information confidentially, and Recipient shall be responsible for any breach of this Agreement by any such Authorized Recipient); (ii) any disclosure of the Confidential Information may be made to a person other than an Authorized Recipient with the Provider’s prior written consent; and (iii) any disclosure of the Confidential Information may be made as required by law or regulatory authority after compliance with Section 3 below.

Appears in 10 contracts

Sources: Confidentiality Agreement, Confidentiality Agreement, Confidentiality Agreement

Restricted Use. a. Recipient will use the Confidential Information for the sole purpose of the Evaluation. Recipient acknowledges that Confidential Information supplied by or on behalf of the Provider is the property of the Provider and the Recipient shall acquire no right, title or interest to such Confidential Information. b. Recipient and each Authorized Recipient (as defined below) will keep all Confidential Information confidential and will not disclose any Confidential Information, in whole or in part, in any manner whatsoever to any person or entity for any reason whatsoever, except that: (i) the Confidential Information may be disclosed to any of Recipient’s directors, officers, employees, agents and advisors (hereinafter referred to as “Authorized Recipients) who need to know such information for the sole purpose of the Evaluation (it being understood that each such Authorized Recipient shall be informed by Recipient to treat such information confidentially, and Recipient shall be responsible for any breach of this Agreement by any such Authorized Recipient); (ii) any disclosure of the Confidential Information may be made to a person other than an Authorized Recipient with the Provider’s prior written consent; and (iii) any disclosure of the Confidential Information may be made as required by law or regulatory authority after compliance with Section 3 below.

Appears in 4 contracts

Sources: Confidentiality Agreement, Confidentiality Agreement, Confidentiality Agreement

Restricted Use. a. Recipient will use the Confidential Information for the sole purpose of the Evaluation. Recipient acknowledges that Confidential Information supplied by or on behalf of the Provider is the property of the Provider and the Recipient shall acquire no right, title or interest to such Confidential Information. b. Recipient and each Authorized Recipient (as defined below) will keep all Confidential Information confidential and will not disclose any Confidential Information, in whole or in part, in any manner whatsoever to any person or entity for any reason whatsoever, except that: (i) the Confidential Information may be disclosed to any of Recipient’s Recipient and its affiliates and the directors, officers, employees, agents agents, partners, members, representatives, brokers, financing sources, and advisors, including, without limitation, attorneys, accountants, consultants, bankers, and financial advisors of Recipient and its affiliates (those who actually receive Confidential Information, hereinafter referred to as “Authorized Recipients) who need to know such information for the sole purpose of the Evaluation (it being understood that each such Authorized Recipient shall be informed by Recipient to treat such information confidentially, and Recipient shall be responsible for any breach of this Agreement by any such Authorized Recipient); (ii) any disclosure of the Confidential Information may be made to a person other than an Authorized Recipient with the Provider’s prior written consent; and (iii) any disclosure of the Confidential Information may be made as required by law or regulatory authority after compliance with Section 3 below.

Appears in 1 contract

Sources: Confidentiality Agreement

Restricted Use. a. Recipient will use the Confidential Information for the sole purpose of the Evaluation. Recipient acknowledges that Confidential Information supplied by or on behalf of the Provider is the property of the Provider and the Recipient shall acquire no right, title or interest to such Confidential Information. b. Recipient and each Authorized Recipient (as defined below) will keep all Confidential Information confidential and will not disclose any Confidential Information, in whole or in part, in any manner whatsoever to any person or entity for any reason whatsoever, except that: (iI) the Confidential Information may be disclosed to any of Recipient’s directors, officers, employees, agents and advisors (hereinafter referred to as “Authorized Recipients) who need to know such information for the sole purpose of the Evaluation (it being understood that each such Authorized Recipient shall be informed by Recipient to treat such information confidentially, and Recipient shall be responsible for any breach of this Agreement by any such Authorized Recipient); (ii) any disclosure of the Confidential Information may be made to a toa person other than an Authorized Recipient with the Provider’s prior written consent; and (iii) any disclosure of the Confidential Information may be made as required by law or regulatory authority after compliance with Section 3 below.

Appears in 1 contract

Sources: Confidentiality Agreement