Common use of Limitation on Disclosure Clause in Contracts

Limitation on Disclosure. The receiving party hereby agrees and undertakes with the disclosing party to retain all Confidential Information of the disclosing party strictly in confidence, and limit its disclosure to such of the receiving party's employees, professional advisors, directors and officers as it, in good faith, believes necessary to have access to such information in order to properly evaluate the potential relationship or arrangement, and to require its employees, professional advisors, directors and officers to retain in confidence, all such Confidential Information disclosed to them. The receiving party further agrees not to use or disclose to others, or permit the use or disclosure of, any such Confidential Information, except for the purposes of such evaluation and as set forth in this Agreement.

Limitation on Disclosure. The receiving party hereby agrees and undertakes with the disclosing party to retain all Confidential Information of the disclosing party strictly in confidence, and limit its disclosure to such of the receiving party's ’s employees, representatives, professional advisors, directors and officers as it, in good faith, believes necessary to have access to such information in order to properly evaluate the potential relationship or arrangement, and to require its employees, representatives, professional advisors, directors and officers to retain in confidence, all such Confidential Information information disclosed to them. The receiving party further agrees not to use or disclose to others, or permit the use or disclosure of, any such Confidential Informationinformation, except for the purposes of such evaluation and as set forth in this Agreement.