Common use of Merchant’s Confidentiality Clause in Contracts

Merchant’s Confidentiality. Merchant acknowledges that the products, services and information relating to FORTE’s products and services (including without limitation the terms of this Agreement) contain confidential and proprietary information developed by, acquired by, or licensed to FORTE. Merchant will take (and will cause its affiliates to take) all reasonable precautions necessary to safeguard the confidentiality of FORTE’s confidential information. Neither Merchant nor any of its affiliates will make any unauthorized use of FORTE’s confidential information or disclose, in whole or in part, FORTE’s confidential information to any individual or entity, except to those of Merchant’s employees or affiliates who require access for Merchant’s authorized use of the products or services and agree to comply with the use and nondisclosure restrictions applicable to FORTE’s confidential information. If FORTE becomes aware of Merchant’s breach or threatened breach of this section, FORTE may suspend any and all rights granted to Merchant under the Agreement.

Appears in 5 contracts

Samples: Merchant Services Agreement, Merchant Services Agreement, Merchant Services Agreement

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Merchant’s Confidentiality. Merchant acknowledges that the products, services and information relating to FORTE’s products and services (including without limitation the terms of this Agreement) contain confidential and proprietary information developed by, acquired by, or licensed to FORTE. Merchant will take (and will cause its affiliates to take) all reasonable precautions necessary to safeguard the confidentiality of FORTE’s XXXXX’x confidential information. Neither Merchant nor any of its affiliates will make any unauthorized use of FORTE’s confidential information or disclose, in whole or in part, FORTE’s confidential information to any individual or entity, except to those of Merchant’s employees or affiliates who require access for Merchant’s authorized use of the products or services and agree to comply with the use and nondisclosure restrictions applicable to FORTE’s confidential information. If FORTE becomes aware of MerchantXxxxxxxx’s breach or threatened breach of this section, FORTE may suspend any and all rights granted to Merchant under the Agreement.

Appears in 3 contracts

Samples: Merchant Services Agreement, Merchant Services Agreement, Merchant Services Agreement

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