Covenants by Parties Sample Clauses

Covenants by Parties. Buyer, on the one hand, and Seller, on the other, each agree and covenant with respect to all Confidential Information of the other received or learned by either of them as follows: (i) It will treat as confidential all Confidential Information made available to it or any of its employees, agents or representatives; (ii) It will maintain the same in a secure place and limit access to the Confidential Information to those employees, agents and representatives to whom it is necessary to disclose the Confidential Information in furtherance of the transactions contemplated by this Agreement; (iii) It and its employees, agents and representatives will not copy any Confidential Information, disclose any Confidential Information to any unauthorized party, or use any Confidential Information for any purpose including competition with the other party or solicitation of the other party's customers; and (iv) It will take reasonable steps to insure that its employees, agents or representatives who have access to Confidential Information will maintain the confidentiality of such information.