Limits on Permitted Disclosures Sample Clauses
The "Limits on Permitted Disclosures" clause defines the boundaries within which confidential or sensitive information may be shared by the parties involved. Typically, this clause specifies the types of information that can be disclosed, the circumstances under which disclosure is allowed (such as to employees or legal advisors with a need to know), and any required safeguards or procedures. Its core practical function is to protect proprietary or confidential information by restricting unnecessary or unauthorized dissemination, thereby reducing the risk of information leaks and ensuring compliance with privacy or confidentiality obligations.
Limits on Permitted Disclosures. Each party agrees that any disclosure or distribution of the other party’s Confidential Information within its own organization shall be made only as is reasonably necessary to carry out the intent of this Agreement. The parties further agree that all of their respective officers, employees, agents, representatives or approved sublicensees to whom any Confidential Information is disclosed or distributed shall have agreed to maintain its confidentiality. In such event, the Receiving Party shall identify with reasonable particularity, upon request by the Disclosing Party, each person within the Receiving Party’s organization to whom the Receiving Party has disclosed or distributed Confidential Information.
Limits on Permitted Disclosures. Each party agrees that any disclosure or distribution of the other party’s Confidential Information within its own organization shall be made (a) only as is reasonably necessary to carry out the intent of this Agreement, and (b) only to those of its officers and employees who have agreed to maintain its confidentiality. In such event, the Receiving Party shall identify with reasonable particularity, upon request by the Disclosing Party, each person within the Receiving Party’s organization to whom the Receiving Party has disclosed or distributed Confidential Information. Furthermore, Licensee may disclose the Confidential Information received from CSMC to its Affiliates and its and their directors, officers, employees, agents, contractors, consultants and actual and potential Permitted Sublicensees, investors and acquirers as shall be reasonably necessary to carry out the intent of this Agreement or any sublicense granted by Licensee as contemplated by this Agreement if, but only if, such third party recipients of Confidential Information each execute a confidentiality agreement containing confidentiality provisions no less restrictive than those confidentiality provisions contained in this Section 10. In such event, Licensee shall identify with reasonable particularity, upon CSMC’s request, each third party to whom Licensee has disclosed or distributed CSMC’s Confidential Information. Furthermore, Licensee shall have the right to disclose this Agreement or the terms thereof to potential investors and acquirers for the purpose of investment discussions without the additional consent or approval of CSMC
Limits on Permitted Disclosures. Each party agrees that any disclosure or distribution of the other party’s Confidential Information within its own organization shall be made only as is reasonably necessary to carry out the intent of this Agreement. The parties further agree that all of their respective officers, employees, agents, representatives or sublicensees to whom any Confidential Information is disclosed or distributed shall be subject to written confidentiality and non-use obligations no less restrictive than the confidentiality and non-use obligations provided for in this Section 10.