Covenant Not to Use Clause Samples
A Covenant Not to Use is a contractual provision that prohibits one party from utilizing certain information, materials, or intellectual property belonging to another party. Typically, this clause applies to confidential information, trade secrets, or proprietary technology shared during a business relationship, and it restricts the receiving party from using such assets for their own benefit or for any purpose not expressly permitted by the agreement. The core function of this clause is to protect the disclosing party’s valuable assets and prevent unauthorized exploitation, thereby reducing the risk of misuse or unfair competition.
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Covenant Not to Use. During the License Term, except as set forth in Section 2.12 herein, none of the Systat Parties including any direct or indirect subsidiaries, affiliates or related parties will use, modify, enhance, distribute, market, sell, or license the Products, Systat Intellectual Property or Software Source (including for the development of a software product or consulting services). In addition, the Systat Parties agree that any sales inquiries received by the Systat Parties from any Person for the license or purchase of the Products during the License Term will be directed to Inpixon within five (5) business days of any of the Systat Parties receipt of the first inquiry from such Person.
Covenant Not to Use. Manufacturer shall not use any Acorda Intellectual Property, [*****] contained therein, or any Acorda New Intellectual Property except in each case as specifically licensed hereunder.
Covenant Not to Use. Each party’s Confidential Information constitutes valuable, special, and unique assets of the business of it. Therefore, Tenant shall not disclose any of Landlord’ Confidential Information and Landlord shall not disclose any of Tenant’s Confidential Information to any person, firm, corporation, or other entity for any reason whatsoever without advance written authorization by the other party or pursuant to legal process (provided that such disclosing party furnish a copy of the legal process to the other party promptly upon its receipt and before divulging any information). Moreover, each party shall not use any Confidential Information of the other party unless and until such Confidential Information becomes generally available to the public. Upon the execution of this Agreement, each party shall promptly return to the other party all documents and other property that may be in its possession, custody or control and that relate in any way to the other party’s business, including but not limited to those which contain Confidential Information.
Covenant Not to Use. Upon the Closing, the Seller Parties irrevocably covenant to refrain from using the name “West Riverside” in any manner whatsoever.
Covenant Not to Use. AGTC covenants and agrees that it will not use, directly or indirectly, the Patent Rights for any purpose other than as expressly permitted herein, including, but not limited to, use of the Patent Rights outside of the Field and/or Territory under this Agreement. AGTC also agrees that this Agreement does not authorize AGTC to use the Patent Rights outside of the Territory.
Covenant Not to Use. Publish or Disclose the Company’s Trade Secrets and/or Confidential Information During and After Cessation of Services. Freelancer acknowledges and agrees that the services he/she provides for the Company creates a relationship of confidence and trust with the Company with respect to all of the Company’s Trade Secrets and Confidential Information. Therefore, at any time while performing services for the Company, following the cessation of those services with the Company, whether voluntary or involuntary, Freelancer shall not, except as required in the conduct of the Company’s business or as authorized in writing by the Company, use, publish or disclose any of the Company’s Trade Secrets and/or Confidential Information in any manner whatsoever.