Common use of Confidentiality Undertakings Clause in Contracts

Confidentiality Undertakings. .1. The Receiving Party agrees with and undertakes to the Disclosing Party that its Representatives shall: a. keep in strict confidence and in safe custody any Confidential Information disclosed to the Receiving Party by the Disclosing Party; b. not use or exploit any Confidential Information other than for the Permitted Purpose; c. not copy or reproduce any or all the Confidential Information except as is reasonably necessary for the Permitted Purpose; d. promptly comply with any reasonable directions of the Disclosing Party which are given for the protection of the security of the Information; e. inform each such Representative of the restrictions as to confidentiality, use and disclosure of such Confidential Information contained in this Agreement and, to the extent that each such Representative is not already under an appropriate duty of confidentiality, impose upon each such Representative obligations of confidentiality at least equivalent to those set out in this Agreement. .2. Subject to Article 4 below, each Party hereby undertakes that it shall not, without the prior consent in writing of the other Party, release any press statement or make any other announcement to any third party or make any public statement regarding the existence or content of the discussions contemplated by this Agreement or the identity of the parties to such discussions.

Confidentiality Undertakings. .1. The Receiving Party agrees with and undertakes to the Disclosing Party that its Representatives shall: a. keep in strict confidence and in safe custody any Confidential Information disclosed to the Receiving Party by the Disclosing Party; b. not use or exploit any Confidential Information other than for the Permitted Purpose; c. not copy or reproduce any or all the Confidential Information except as is reasonably necessary for the Permitted Purpose; d. promptly comply with any reasonable directions of the Disclosing Party which are given for the protection of the security of the Information; e. inform each such Representative of the restrictions as to confidentiality, use and disclosure of such Confidential Information contained in this Agreement and, to the extent that each such Representative is not already under an appropriate duty of confidentiality, impose upon each such Representative obligations of confidentiality at least equivalent to those set out in this AgreementAgreement . .2. Subject to Article 4 below, each Party hereby undertakes that it shall not, without the prior consent in writing of the other Party, release any press statement or make any other announcement to any third party or make any public statement regarding the existence or content of the discussions contemplated by this Agreement or the identity of the parties to such discussions.