Handling Confidential Information. The receiving party of any Confidential Information from the disclosing party will use the same degree of care to protect the disclosing party’s Confidential Information as it uses for its own Confidential Information of similar nature, but in no event less than a reasonable degree of care, and will use such Confidential Information only for the purpose of exercising its rights or fulfilling its obligations under this Agreement. The receiving party will promptly return or destroy the disclosing party’s Confidential Information upon request of the disclosing party or upon termination of this Agreement (whichever occurs earlier), provided that the receiving party shall have the right to retain a copy of the Confidential Information if and to the extent required (i) by applicable mandatory law, for the duration of the required record retention period, or (ii) for the enforcement of any claims against the other party that may arise under this Agreement until such claims become time-barred. In this event, the receiving party shall return, destroy, or delete (as applicable) such copy upon the expiration of the applicable record retention or limitation period. Except as otherwise provided for in the Agreement, the receiving party shall not disclose any Confidential Information to any person or entity other than to its employees, professional advisors and auditors and its Affiliates and their employees, professional advisors and auditors who have a strict business need to access such Confidential Information and who are bound by non-disclosure obligations as restrictive as the confidentiality obligations in this MSA regarding the protection, use, and confidentiality of such Confidential Information.
Handling Confidential Information. The parties mutually obligate themselves to keep confi- dential information from the respective other party confi- dential and to protect it against unauthorized access by and notice of third parties by taking suitable measures. The requirements concerning the content and scope of the protective measures are based on the type of infor- mation concerned and, apart from that, on the generally acknowledged protective mechanisms used for compara- ble information. Third parties in the sense of this non-disclosure agree- ment do not include employees of the respective receiving party or employees of affiliated companies (in the sense of Section 15 of the German Companies Act (Aktieng- esetz)) of the respective receiving party if the employees concerned are required to receive the confidential infor- mation due to the organizational structure of the receiving party. However, the prerequisite for this access right is that the employees concerned have been instructed concern- ing the handling of confidential information prior to ac- cess and have been obligated to maintain confidentiality concerning such information in a suitable manner. The receiving party is authorized to make confidential in- formation from the disclosing party available to its tax consultants, auditors, and lawyers to the extent necessary for the respective required consulting and auditing con- tract. If the receiving party is obligated to disclose confidential information to the other party concerned or to issue it to third parties owing to a binding order or decision issued by a court or authority, the receiving party must inform the disclosing party of this obligation without undue xx- xxx. The obligation to inform already comes into existence as of the point in time when the receiving party gains knowledge of the initiation of corresponding proceedings. Furthermore, during the proceedings concerning the dis- closure or surrender of confidential information. the re- ceiving party must work towards ensuring that the amount of information disclosed due to a court or official decision is limited to the minimum necessary.
Handling Confidential Information. The parties mutually obligate themselves to keep confi- dential information from the respective other party confi- dential and to protect it against unauthorized access by and notice of third parties by taking suitable measures. The requirements concerning the content and scope of the protective measures are based on the type of infor- mation concerned and, apart from that, on the generally acknowledged protective mechanisms used for compara- ble information. Third parties in the sense of this non-disclosure agree- ment do not include employees of the respective receiving party or employees of affiliated companies of the respective receiving party if the employees concerned are required to receive the confidential information due to the organizational structure of the receiving party. However, the prerequisite for this access right is that the employees concerned have been instructed concerning the handling of confidential information prior to access and have been obligated to maintain confidentiality concerning such in- formation in a suitable manner. The receiving party is authorized to make confidential in- formation from the disclosing party available to its tax consultants, auditors, and lawyers to the extent necessary for the respective required consulting and auditing con- tract. If the receiving party is obligated to disclose confidential information to the other party concerned or to issue it to third parties owing to a binding order or decision issued by a court or authority, the receiving party must inform the disclosing party of this obligation without undue xx- xxx. The obligation to inform already comes into existence as of the point in time when the receiving party gains knowledge of the initiation of corresponding proceedings. Furthermore, during the proceedings concerning the dis- closure or surrender of confidential information. the re- ceiving party must work towards ensuring that the amount of information disclosed due to a court or official decision is limited to the minimum necessary.
Handling Confidential Information. (1) The receiving party must treat all confidential information of the disclosing party as strictly confidential and ensure that no third parties obtain such information.
(2) The receiving party has the right to disclose confidential information to affiliated companies pursuant to Sections 15 et seq. of the German Stock Corporation Act (AktG) if and to the extent that this is essential for the purposes of the negotiations mentioned in the preamble. The receiving party is obligated to subject these affiliated companies to the same confidentiality obligations which the receiving party itself commits to in this agreement.
(3) The disclosure of information to third parties that are not employees or affiliated companies is only permitted with the prior written approval of the disclosing party. The parties commit to imposing the obligations resulting from this non-disclosure agreement onto such employees or third parties even after the end of the employment relationship who could obtain exploitable knowledge of the confidential information based on their work activities.
(4) The parties acknowledge that a violation of the confidentiality agreement could lead to significant damages and cannot be adequately replaced by monetary compensation. For this reason, the parties agree that it may be demanded to cease and desist the disclosure, in addition to damages.
Handling Confidential Information. Employees should observe the confidentiality of information that they acquire by virtue of their positions at the Company, including information concerning customers, suppliers, competitors, and other employees, except where disclosure is approved by the Company or otherwise legally mandated. Of special sensitivity is financial information, which should under all circumstances be considered confidential except where its disclosure is approved by the Company in writing in advance, or when it has been publicly available in a periodic or special report for at least two business days.
Handling Confidential Information. As a result, it is important to handle all confidential information with discretion, labeling it “confidential, ” safeguarding it when in use, filing or disposing of it properly when not in use, and discussing it only with those who have a need to know for a legitimate business reason. In most cases, University data of a personally identifiable nature shall remain secure from public disclosure (release to third parties) without specific permission from the individual to whom those data apply. All users of University data and information systems must follow the practices outlined below
Handling Confidential Information. The termination of this Agreement triggers the obligations of the Parties regarding Confidential Information described in Section 8.7 of this Agreement.
Handling Confidential Information. 1. Each Party undertakes to prevent any leakage, publishing or dissemination of Confidential Information obtained from the other Party/Parties and to protect the secrecy of Confidential Information at least to the extent to which it protects its own trade secrets and always in the manner which is usually used for the protection of trade secret.
2. Each Party undertakes to exercise the best efforts that can be reasonably expected in order to ensure that the secrecy of the other Party’s Confidential Information is maintained by its employees or persons designated to fulfill the purpose of the Cooperation. If a Party uses a third party to fulfill the purpose of the Cooperation, such Party is entitled to disclose the Confidential Information obtained from the other Party to such third party only with the other Party’s consent and only to the extent necessary for the performance provided by the third party, and it is also obliged to impose on the third party the obligation of confidentiality. The Party which has disclosed the Confidential Information to the third party will be held liable in the case that the third party breaches its obligations.
3. Each Party undertakes to use the Confidential Information obtained from the other Party/Parties exclusively for the purpose for which the Confidential Information was disclosed to it.
4. The Parties agree that based on this Agreement, each of the Parties is entitled to disclose the other Party's Confidential Information to its legal, tax and accounting consultants (hereinafter referred to as the “Consultant”). NTS is entitled to share the Confidential Information based on the purpose of the Cooperation within the Nordic Telecom and Nordic Investors Group, or to its subsidiaries or shareholders (Pursuant to Section 79 et seq. Act No. 90/2012 Coll., On Business Corporations). The Party who disclosed Confidential Information to a third party specified in this article will be held liable for the breach of obligations by such third party.
5. In circumstances where it can be reasonably expected that the confidentiality of the Confidential Information might be jeopardized, the Party on whose part such circumstances exist undertakes to report such a fact to the other Parties. Should any of the Parties reasonably suspect that the other Party is not able to ensure protection of Confidential Information as per this Agreement, any Party may request the other Party to prove that it fulfills its obligations as per this contract. ...
Handling Confidential Information. The receiving party of any Confidential Information from the disclosing party will use the same degree of care to protect the disclosing party’s Confidential Information as it uses for its own Confidential Information of similar nature, but in no event less than a reasonable degree of care, and will use such Confidential Information only for the purpose of exercising its rights or fulfilling its obligations under this Agreement. The receiving party will promptly return or destroy the disclosing party’s Confidential Information upon request of the disclosing party or upon termination of this Agreement (whichever occurs earlier), provided that the receiving party shall have the right to retain a copy of the Confidential Information if and to the extent required (i) by applicable mandatory law, for the duration of the required record retention period, or
Handling Confidential Information