Common use of Confidentiality and Data Clause in Contracts

Confidentiality and Data. 16.1 During the term of this Agreement and for two (2) years thereafter, each party will treat as confidential all information that they obtain concerning, but not limited to, data, the business, finances, technology and affairs of the other, ("Confidential Information"). Each of the parties will use at least the same degree of care (and not less than a reasonable degree of care) it uses to prevent the disclosure of its own confidential information of like importance, to prevent the disclosure of Confidential Information of the other party. Each party will promptly notify the other party of any actual or suspected misuse or unauthorised disclosure of the other party's Confidential Information. 16.2 The provisions of this Clause 16 shall cease to apply to: (i) information that has come into the public domain other than by breach of this Clause or any other duty of confidence; (ii) information that is obtained from a third party without breach of this Clause or any other duty of confidence; and (iii) information that is required to be disclosed by a regulatory or government body or court of competent jurisdiction with power to compel the disclosure. 16.3 Forthwith upon the termination or expiry of this Agreement each party shall return all licensed and/or confidential materials, and all copies in whole or part, of the other or if requested by the other party, shall destroy them and certify in writing to the other party that they have been destroyed. 16.4 Each party will comply with its obligations pursuant to the Data Protection Xxx 0000. 16.5 By entering into this Agreement, the Customer gives its informed consents to Mollis Group collecting its personal information from time to time during the course of business, which shall be processed in accordance with the Mollis Group’s Privacy Policy.

Appears in 2 contracts

Samples: Standard Terms and Conditions, Standard Terms and Conditions

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Confidentiality and Data. 16.1 During the term of this Agreement and for two (2) years thereafter, each party will treat as confidential all information that they obtain concerning, but not limited to, data, the business, finances, technology and affairs of the other, ("Confidential Information"). Each of the parties will use at least the same degree of care (and not less than a reasonable degree of care) it uses to prevent the disclosure of its own confidential information of like importance, to prevent the disclosure of Confidential Information of the other party. Each party will promptly notify the other party of any actual or suspected misuse or unauthorised disclosure of the other party's Confidential Information. 16.2 The provisions of this Clause 16 shall cease to apply to: : (i) information that has come into the public domain other than by breach of this Clause or any other duty of confidence; ; (ii) information that is obtained from a third party without breach of this Clause or any other duty of confidence; and and (iii) information that is required to be disclosed by a regulatory or government body or court of competent jurisdiction with power to compel the disclosure. 16.3 Forthwith upon the termination or expiry of this Agreement each party shall return all licensed and/or confidential materials, and all copies in whole or part, of the other or if requested by the other party, shall destroy them and certify in writing to the other party that they have been destroyed. 16.4 Each party will comply with its obligations pursuant to the Data Protection Xxx 0000Act 2018. 16.5 By entering into this Agreement, the Customer gives its informed consents to Mollis Group Storm collecting its some personal contact information from the customers representative from time to time during the course of businessbusiness as may be necessary to manage the business transaction, which communication, the warranty period and for any regulatory or tax requirement. Such information shall be processed in accordance with the Mollis GroupStorm’s Privacy Policy.

Appears in 1 contract

Samples: Standard Terms and Conditions

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Confidentiality and Data. 16.1 During the term of this Agreement and for two (2) years thereafter, each party will treat as confidential all information that they obtain concerning, but not limited to, data, the business, finances, technology and affairs of the other, ("Confidential Information"). Each of the parties will use at least the same degree of care (and not less than a reasonable degree of care) it uses to prevent the disclosure of its own confidential information of like importance, to prevent the disclosure of Confidential Information of the other party. Each party will promptly notify the other party of any actual or suspected misuse or unauthorised disclosure of the other party's Confidential Information. 16.2 The provisions of this Clause 16 shall cease to apply to: (i) information that has come into the public domain other than by breach of this Clause or any other duty of confidence; (ii) information that is obtained from a third party without breach of this Clause or any other duty of confidence; and (iii) information that is required to be disclosed by a regulatory or government body or court of competent jurisdiction with power to compel the disclosure. 16.3 Forthwith upon the termination or expiry of this Agreement each party shall return all licensed and/or confidential materials, and all copies in whole or part, of the other or if requested by the other party, shall destroy them and certify in writing to the other party that they have been destroyed. 16.4 Each party will comply with its obligations pursuant to the Data Protection Xxx 0000Act 1998. 16.5 By entering into this Agreement, the Customer gives its informed consents to Mollis Group collecting its personal information from time to time during the course of business, which shall be processed in accordance with the Mollis Group’s Privacy Policy.

Appears in 1 contract

Samples: Standard Terms and Conditions

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