Common use of Confidentiality of the Proposed Transaction Clause in Contracts

Confidentiality of the Proposed Transaction. Neither party nor its representatives shall, without the prior written consent of the other, disclose to any person (other than the persons employed by the parties or their representatives who have a need to know and who are actively and directly participating in evaluating the Transaction) any information about the Transaction or the terms, conditions, or other facts relating thereto, or the fact that any Confidential Information has been made available or that the parties are contemplating the Transaction.

Confidentiality of the Proposed Transaction. Neither party Party nor its representatives shall, without the prior written consent of the other, disclose to any person (other than the persons employed by the parties or their representatives who have a need to know and who are actively and directly participating in evaluating the Transaction) any information about the Transaction or the terms, conditions, or other facts relating thereto, or the fact that any Confidential Information has been made available or that the parties are contemplating the Transaction.