Common use of Confidential Data and Information Clause in Contracts

Confidential Data and Information. Each Party shall, and shall cause its Affiliates to, keep confidential all of the terms of this Agreement and all written and/or electronically stored data and information acquired or received by that Party under this Agreement throughout the term of this Agreement and for a period of two (2) years thereafter; provided, however, that this obligation of confidentiality shall not apply to any disclosure of information: (i) that is in or enters the public domain without a breach of a duty of confidentiality by the disclosing Person or was obtained from a third party having no confidentiality restriction to the Parties; (ii) the disclosure of which is required by the Petroleum Law or related Regulations or of the disclosing Party or its Affiliate by law, regulation, legal process, or order of any court or governmental body having jurisdiction (including applicable State and Federal securities laws, rules and regulations in the USA) or pursuant to the regulations of any securities exchange upon which any of the Parties or its Affiliate is (or is to be) listed or its securities are (or are to be) traded; (iii) to any Affiliate or bona fide potential assignee of such Party, and to the employees, agents, consultants, bankers, financial and professional advisers of that Party, its Affiliate or any such bona fide potential assignee, provided that (a) they have a reasonable need to know the information and (b) they are instructed and agree in writing to maintain this information confidential; (iv) by any Party or its Affiliates or any Person referred to in paragraph (iii) above to whom any Party has disclosed the same, to investors or targeted potential investors in any Party or the interests of any Party or financial institutions or their advisors, or any Affiliate of any Party in connection with a capital raising or the listing of equities or project financing or the like; (v) or any potential farminee, which agrees in writing to maintain such information confidential; In the event of any Party ceasing to hold a Percentage Interest, such Party shall nevertheless remain bound by this Article 14.1.

Appears in 2 contracts

Samples: Joint Operating Agreement (Avenue Group Inc), Joint Operating Agreement (Avenue Group Inc)

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Confidential Data and Information. Each Party shall, and shall cause its Affiliates to, keep confidential all of the terms of this Agreement and all written and/or electronically stored data and information acquired or received by that Party under this Agreement throughout the term of this Agreement and for a period of two (2) years thereafter; provided, however, that this obligation of confidentiality shall not apply to any disclosure of information: (i) that is in or enters the public domain without a breach of a duty of confidentiality by the disclosing Person or was obtained from a third party having no confidentiality restriction to the Parties; (ii) the disclosure of which is required by the Petroleum Law or related Regulations or of the disclosing Party or its Affiliate by law, regulation, legal process, or order of any court or governmental body having jurisdiction (including applicable State and Federal securities laws, rules and regulations in the USA) or pursuant to the regulations of any securities exchange upon which any of the Parties or its Affiliate is (or is to be) listed or its securities are (or are to be) traded; (iii) to any Affiliate or bona fide potential assignee of such Party, and to the employees, agents, consultants, bankers, financial and professional advisers of that Party, its Affiliate or any such bona fide potential assignee, provided that (a) they have a reasonable need to know the information and (b) they are instructed and agree in writing to maintain this information confidential; (iv) by any Party AVENUE or its Affiliates or any Person referred to in paragraph (iii) above to whom any Party Avenue has disclosed the same, to investors or targeted potential investors in any Party or the interests of any Party or financial institutions or their advisors, AVENUE or any Affiliate of any Party AVENUE in connection with a capital raising or the listing of equities or project financing or the like; (v) or any potential farminee, which agrees in writing to maintain such information confidential; equities. In the event of any Party ceasing to hold a Percentage Interest, such Party shall nevertheless remain bound by this Article 14.117.1.

Appears in 1 contract

Samples: Joint Operating Agreement (I T Technology Inc)

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Confidential Data and Information. Each Party shall, and shall cause its Affiliates to, keep confidential all of the terms of this Agreement and all written and/or electronically stored data and information acquired or received by that Party under this Agreement throughout the term of this Agreement and for a period of two (2) years thereafter; provided, however, that this obligation of confidentiality shall not apply to any disclosure of information: : (i) that is in or enters the public domain without a breach of a duty of confidentiality by the disclosing Person or was obtained from a third party having no confidentiality restriction to the Parties; ; (ii) the disclosure of which is required by the Petroleum Law or related Regulations or of the disclosing Party or its Affiliate by law, regulation, legal process, or order of any court or governmental body having jurisdiction (including applicable State and Federal securities laws, rules and regulations in the USA) or pursuant to the regulations of any securities exchange upon which any of the Parties or its Affiliate is (or is to be) listed or its securities are (or are to be) traded; ; (iii) to any Affiliate or bona fide potential assignee of such Party, and to the employees, agents, consultants, bankers, financial and professional advisers of that Party, its Affiliate or any such bona fide potential assignee, provided that (a) they have a reasonable need to know the information and (b) they are instructed and agree in writing to maintain this information confidential; ; (iv) by any Party or its Affiliates or any Person referred to in paragraph (iii) above to whom any Party has disclosed the same, to investors or targeted potential investors in any Party or the interests of any Party or financial institutions or their advisors, or any Affiliate of any Party in connection with a capital raising or the listing of equities or project financing or the like; ; (v) or any potential farminee, which agrees in writing to maintain such information confidential; In the event of any Party ceasing to hold a Percentage Interest, such Party shall nevertheless remain bound by this Article 14.1.

Appears in 1 contract

Samples: Joint Operating Agreement (Avenue Group Inc)

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