Common use of Confidentiality of Confidential Information Clause in Contracts

Confidentiality of Confidential Information. Subject to the terms and conditions hereof, during the Cooperation Period, each New Director may share and discuss Confidential Information (other than Competitively Sensitive Information) with the Investors. The Investors agree, and agree to cause their Representatives, to keep all Confidential Information strictly confidential and not disclose Confidential Information to any Person other than those of their Representatives who need to know such Confidential Information to assist an Investor for the purpose of advising on its investment in the Company or as otherwise permitted by this Agreement; provided, however, that with respect to any such disclosure of Confidential Information, the Investors shall furnish to such Representative only that portion of the Confidential Information necessary for the purpose of advising on its investment in the Company or as otherwise permitted by this Agreement. Before providing access to Confidential Information to any Representative, the Investor shall inform such Representative of the contents of this Agreement and the confidentiality of the Confidential Information, and shall advise such Representative that, by accepting possession of or access to such information, such Representative is agreeing to be bound by this Agreement. The Investors shall instruct their Representatives to observe the terms of this Agreement and shall be responsible for any breach of this Agreement by any of their Representatives.

Appears in 2 contracts

Samples: Cooperation Agreement (Sylvamo Corp), Cooperation Agreement (ACR Group Paper Holdings LP)

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Confidentiality of Confidential Information. Subject to the terms and conditions hereof, during the Cooperation Period, each New Director may share and discuss Confidential Information (other than Competitively Sensitive Information) with the InvestorsInvestor. The Investors agreeInvestor agrees, and agree agrees to cause their its Representatives, to keep all Confidential Information strictly confidential and not disclose Confidential Information to any Person other than those of their its Representatives who need to know such Confidential Information to assist an Investor for the purpose purposes of advising on advising, monitoring and evaluating its investment in the Company (the “Purpose”), or as otherwise permitted by this Agreement; provided, however, that with respect to any such disclosure of Confidential Information, the Investors Investor shall furnish to such Representative only that portion of the Confidential Information necessary for the purpose of advising on its investment in the Company Purpose, or as otherwise permitted by this Agreement. Before providing access to Confidential Information to any Representative, the Investor shall inform such Representative of the contents of this Agreement and the confidentiality of the Confidential Information, and shall advise such Representative that, by accepting possession of or access to such informationConfidential Information, such Representative is agreeing to be bound by this Agreement. The Investors Investor shall instruct their its Representatives to observe the terms of this Agreement and shall be responsible for any breach of this Agreement by any of their its Representatives.

Appears in 1 contract

Samples: Cooperation and Standstill Agreement (Applied Digital Corp.)

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Confidentiality of Confidential Information. Subject to the terms and conditions hereof, during the Cooperation Period, each New Director may share and discuss Confidential Information (other than Competitively Sensitive Information) with the Investors. The Investors agree, and agree to cause their Representatives, to keep all Confidential Information strictly confidential and not disclose Confidential Information to any Person other than those of their Representatives who need to know such Confidential Information to assist an Investor for the purpose purposes of advising on its advising, monitoring and evaluating such Investor’s investment in the Company Company, or as otherwise permitted by this Agreement; provided, however, that with respect to any such disclosure of Confidential Information, the Investors shall furnish to such Representative only that portion of the Confidential Information necessary for the purpose purposes of advising on its advising, monitoring and evaluating such Investor’s investment in the Company Company, or as otherwise permitted by this Agreement. Before providing access to Confidential Information to any Representative, the Investor shall inform such Representative of the contents of this Agreement and the confidentiality of the Confidential Information, and shall advise such Representative that, by accepting possession of or access to such information, such Representative is agreeing to be bound by this Agreement. The Investors shall instruct their Representatives to observe the terms of this Agreement and shall be responsible for any breach of this Agreement by any of their Representatives.

Appears in 1 contract

Samples: Confidentiality Agreement (JOINT Corp)

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