Common use of Disclosure Required Clause in Contracts

Disclosure Required. The obligations of confidentiality in clause 13.1 do not apply to any disclosure: (a) required for the purpose of performing the Agreement or exercising a party’s rights under the Agreement; (b) required by law (including under the rules of any stock exchange); or (c) of Confidential Information which: i is publicly available through no fault of the recipient of the Confidential Information or its personnel; or ii was rightfully received from a third party without restriction and without breach of any obligation of confidentiality; or (d) by the Supplier if required as part of a bona fide sale of its business (assets or shares, whether in whole or in part) to a third party, provided that the Supplier enters into a confidentiality agreement with the third party on terms no less restrictive than this clause 13.

Appears in 2 contracts

Sources: Standard Purchasing Terms, Standard Purchasing Terms

Disclosure Required. The obligations of confidentiality in clause 13.1 do not apply to any disclosure: (a) required for the purpose of performing the Agreement or exercising a party’s rights under the Agreement; (b) required by law (including under the rules of any stock exchange); or (c) of Confidential Information which: i is publicly available through no fault of the recipient of the Confidential Information or its personnel; or ii was rightfully received from a third party without restriction and without breach of any obligation of confidentiality; or (d) or iii by the Supplier if required as part of a bona fide sale of its business (assets or shares, whether in whole or in part) to a third party, provided that the Supplier enters into a confidentiality agreement with the third party on terms no less restrictive than this clause 13.

Appears in 2 contracts

Sources: Standard Purchasing Terms, Standard Purchasing Terms