Common use of Non-Disclosure and Non-Use Clause in Contracts

Non-Disclosure and Non-Use. The Receiving Party shall maintain the Confidential Information of the Disclosing Party in confidence, shall not disclose such Confidential Information to any Third Party, and shall not use such Confidential Information for any purpose except as expressly permitted under the terms and conditions of this Agreement. Notwithstanding the previous sentence, the Receiving Party may disclose the Confidential Information of the Disclosing Party solely on a “need to know basis” to its Affiliates and its officers, directors, employees, legal counsel, contractors and agents, and independent legal counsel, each of whom prior to disclosure must be bound by obligations of nondisclosure and non-use no less restrictive than the obligations set forth in this Article 10; provided, however, that, in each of the above situations, the Receiving Party shall remain responsible for any failure by any person or entity who receives Confidential Information pursuant to this Section 10.2 to treat such Confidential Information as required under this Article 10. The Receiving Party shall take the same degree of care that the Receiving Party uses to protect its own confidential and proprietary information of a similar nature and importance, but in no event shall such care be less than reasonable care.

Appears in 4 contracts

Samples: Enzyme Supply Agreement (Codexis Inc), Enzyme and Product Supply Agreement (Codexis Inc), Enzyme and Product Supply Agreement (Codexis Inc)

AutoNDA by SimpleDocs

Non-Disclosure and Non-Use. The Receiving receiving Party shall maintain the Confidential Information of the Disclosing disclosing Party in confidence, shall not disclose such Confidential Information to any Third Party, and shall not use such Confidential Information for any purpose except as expressly permitted under the terms and conditions of this Agreement. Notwithstanding the previous sentence, the Receiving receiving Party may disclose the Confidential Information of the Disclosing disclosing Party solely on a “need to know basis” to its Affiliates and its officers, directors, employees, advisors, legal counsel, contractors and agents, and independent legal counsel, each of whom prior to disclosure must be bound he hound by obligations of nondisclosure and non-use no less restrictive than the obligations set forth in this Article 106 (CONFIDENTIALITY); provided, however, that, in each of the above situations, the Receiving receiving Party shall remain responsible for any failure by any person or entity who receives Confidential Information pursuant to this Section 10.2 6.2 to treat such Confidential Information as required under this Article 106 (CONFIDENTIALITY). The Receiving receiving Party shall take the same degree of care that the Receiving receiving Party uses to protect its own confidential and proprietary information of a similar nature and importance, but in no event shall such care be less than reasonable care.

Appears in 3 contracts

Samples: Enzyme Supply Agreement, Enzyme Supply Agreement (Urovant Sciences Ltd.), Enzyme Supply Agreement (Urovant Sciences Ltd.)

Non-Disclosure and Non-Use. The Receiving Party shall maintain the Confidential Information of the Disclosing Party in confidence, shall not disclose such Confidential Information to any Third Party, and shall not use such Confidential Information for any purpose except as expressly permitted under the terms and conditions of this Agreement. Notwithstanding the previous sentence, the Receiving Party may disclose the Confidential Information of the Disclosing Party solely on a “need to know basis” to its Affiliates and its officers, directors, employees, legal counsel, contractors and agents, and independent legal counsel, each of whom prior to disclosure must be bound by obligations of nondisclosure and non-use no less restrictive than the obligations set forth in this Article 105; provided, however, that, in each of the above situations, the Receiving Party shall remain responsible for any failure by any person or entity who receives Confidential Information pursuant to this Section 10.2 5.2 to treat such Confidential Information as required under this Article 105. The Receiving Party shall take the same degree of care that the Receiving Party uses to protect its own confidential and proprietary information of a similar nature and importance, but in no event shall such care be less than reasonable care.

Appears in 2 contracts

Samples: Product Supply Agreement, Product Supply Agreement (Codexis Inc)

Non-Disclosure and Non-Use. The Receiving receiving Party shall maintain the Confidential Information of the Disclosing disclosing Party in confidence, shall not disclose such Confidential Information to any Third Party, and shall not use such Confidential Information for any purpose except as expressly permitted under the terms and conditions of this Agreement. Notwithstanding the previous sentence, the Receiving receiving Party may disclose the Confidential Information of the Disclosing disclosing Party solely on a “need to know basis” to its Affiliates and its officers, directors, employees, advisors, legal counsel, contractors and agents, and independent legal counsel, and Pfizer Designee(s), each of whom prior to disclosure must be bound by obligations of nondisclosure and non-use no less restrictive than the obligations set forth in this Article 108; provided, however, that, in each of the above situations, the Receiving receiving Party shall remain responsible for any failure by any person or entity who receives Confidential Information pursuant to this Section 10.2 8.2 to treat such Confidential Information as required under this Article 108. The Receiving receiving Party shall take the same degree of care that the Receiving receiving Party uses to protect its own confidential and proprietary information of a similar nature and importance, but in no event shall such care be less than reasonable care.

Appears in 1 contract

Samples: Enzyme Supply Agreement (Codexis, Inc.)

AutoNDA by SimpleDocs

Non-Disclosure and Non-Use. The Receiving receiving Party shall maintain the Confidential Information of the Disclosing disclosing Party in confidence, shall not disclose such Confidential Information to any Third Party, and shall not use such Confidential Information for any purpose except as expressly permitted under the terms and conditions of this Agreement. Notwithstanding the previous sentence, the Receiving receiving Party may disclose the Confidential Information of the Disclosing disclosing Party solely on a “need to know basis” to its Affiliates and its officers, directors, employees, advisors, legal counsel, contractors and agents, and independent legal counsel, and Pfizer Designee(s), each of whom prior to disclosure must be bound by obligations of nondisclosure and non-use no CONFIDENTIALCertain information is this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. less restrictive than the obligations set forth in this Article 108; provided, however, that, in each of the above situations, the Receiving receiving Party shall remain responsible for any failure by any person or entity who receives Confidential Information pursuant to this Section 10.2 8.2 to treat such Confidential Information as required under this Article 108. The Receiving receiving Party shall take the same degree of care that the Receiving receiving Party uses to protect its own confidential and proprietary information of a similar nature and importance, but in no event shall such care be less than reasonable care.

Appears in 1 contract

Samples: Enzyme Supply Agreement (Codexis, Inc.)

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