Common use of Independent Development Clause in Contracts

Independent Development. Discloser understands that Recipient may currently or in the future be developing information internally, or receiving information from other parties that may be similar to Discloser’s information. Accordingly, nothing in this Agreement will be construed as a representation or inference that Recipient will not develop products, or have products developed for it, that, without violation of this Agreement, compete with the products or systems contemplated by Discloser’s Confidential Information.

Appears in 5 contracts

Samples: Confidentiality Agreement, Confidentiality Agreement, Master Purchase Agreement (Mevion Medical Systems, Inc.)

AutoNDA by SimpleDocs

Independent Development. The Discloser understands acknowledges that the Recipient may currently be developing, or may develop in the future be developing future, information internally, or receiving receive information from other third parties that may be similar to Discloser’s informationConfidential Information. Accordingly, nothing in this Agreement will be construed as a representation or inference that Recipient will not develop productsdevelop, communicate or have use technology, information or products developed for it, that, without violation of this Agreement, compete with or are the same or similar to the technology, information or products or systems contemplated by Discloser’s Confidential Information.

Appears in 2 contracts

Samples: Non Disclosure Agreement, Non Disclosure Agreement

Independent Development. The Discloser understands acknowledges that the Recipient may currently or in the future be developing information internally, or receiving information from other parties parties, that may be is similar to the Discloser’s informationConfidential Information. Accordingly, nothing in this Agreement will be construed as a representation or inference agreement that the Recipient will not develop or have developed for it products, concepts, systems or have products developed for it, that, without violation of this Agreement, techniques that are similar to or compete with the products products, concepts, systems or systems techniques contemplated by Discloser’s or embodied in such Confidential Information, provided that the Recipient does not violate any of its obligations under this Agreement in connection with such development.

Appears in 2 contracts

Samples: Mutual Non Disclosure Agreement, Mutual Non Disclosure Agreement

Independent Development. Discloser understands that Recipient may currently or in the future be developing information internally, or receiving information from other parties that may be similar to Discloser’s information's Confidential Information. Accordingly, nothing in this Agreement will be construed as a representation or inference that Recipient will not develop products, or have products developed for it, it that, without violation of this Agreement, compete with the products or systems contemplated by Discloser’s 's Confidential Information.

Appears in 1 contract

Samples: Accrue Software License Agreement (Accrue Software Inc)

AutoNDA by SimpleDocs

Independent Development. Discloser understands that Recipient may currently or in the future be developing information internally, or receiving information from other parties that may be similar to Discloser’s 's information. Accordingly, nothing in this Agreement will be construed as a representation or inference that Recipient will not develop products, or have products developed for it, that, without violation of this Agreement, compete with the products or systems contemplated by Discloser’s 's Confidential Information.

Appears in 1 contract

Samples: Confidentiality Agreement (General Magic Inc)

Independent Development. Discloser understands that Recipient may currently or in the future be developing information internally, internally or be receiving information from other parties that may be similar to Discloser’s 's information. Accordingly, nothing in this Agreement will shall be construed as a representation or inference that Recipient will shall not develop products, or have products developed for it, that, without violation of this Agreement, compete with the products or systems contemplated by Discloser’s 's Confidential Information. The burden of proving noncompliance with this Agreement shall in all cases be on Recipient.

Appears in 1 contract

Samples: Mutual Non Disclosure and Confidentiality Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!