DISTRIBUTION OF CONFIDENTIAL INFORMATION. Each Party agrees only to show Confidential Information disclosed by the other Party to its employees and advisors, its affiliates and their employees (for each Party together being referred to as its Relevant Parties) on a strictly need to know basis, to the extent necessary for the purposes set out in section 3 hereabove, and on condition that its Relevant Parties are made aware of the terms of this Confidentiality Agreement and that each Party will be responsible for any breach of any terms of this Confidentiality Agreement by any of its Relevant Parties. The communication of Confidential Information shall in no event confer or imply the grant or agreement to grant any license or other rights (e.g. intellectual property rights) express or implied, to the receiving Party, except the limited right to use the Confidential Information, as specifically set forth hereunder No provision or the signature of this Confidentiality Agreement shall give rise to any commitment or obligation from the part of GRTgaz to subsequently carry out any capacity development project. The disclosing Party disclaims all responsibility and liability for any actions taken by the receiving Party on the basis of its analysis or other use of the Confidential Information including, but not limited to, any adjustments or modifications to the receiving Party’s products and/or services in light of such use of Information, and the receiving Party acknowledges that the disclosing party shall have no responsibility or liability as a result of the receiving Party’s use of the Confidential Information.
Appears in 4 contracts
Samples: Confidentiality Agreement, Confidentiality Agreement, Confidentiality Agreement
