Common use of Return of material containing or pertaining to the Confidential Information Clause in Contracts

Return of material containing or pertaining to the Confidential Information. 8.1 The disclosing party may, at any time, request the receiving party to return any material containing, pertaining or relating to confidential information disclosed pursuant to the terms of this agreement and may, in addition request the receiving party to furnish sufficient proof as may reasonably be required by the disclosing party, including without limitation, a written statement to the effect that, upon such return, the receiving party has not retained in its possession, or under its control, either directly or indirectly, any such material. 8.2 As an alternative to the return of the material contemplated in 8.1 above, the receiving party shall, at the instance of the disclosing party, destroy such material and furnish the disclosing party with sufficient proof as may reasonably be required by the disclosing party, including without limitation, a written statement to the effect that such material has been destroyed. 8.3 The receiving party shall comply with a request in terms of this clause, within seven days of receipt of such a request. 8.4 This clause shall not apply to the extent that the receiving party is obliged to retain any confidential information in terms of any applicable law, rule or regulation or by any competent judicial, governmental, supervisory or regulatory body.