Common use of Nondisclosure of Proprietary Data Clause in Contracts

Nondisclosure of Proprietary Data. The Parties shall hold in a fiduciary capacity for the benefit of each other all secret or confidential information, knowledge or data relating to each other or any of their affiliated companies, and their respective businesses, which shall not be or become public knowledge. Neither Party, without the prior written consent of the other, or as may otherwise be required by law or legal process, shall communicate or divulge either before or after the Closing Date any such information, knowledge or data to anyone other than the other Party and those designated by the other Party in writing, or except as required by applicable law.

Appears in 12 contracts

Samples: Asset Purchase Agreement (Stella Blu, Inc), Asset Purchase Agreement (Ballroom Dance Fitness, Inc.), Asset Purchase Agreement (Ballroom Dance Fitness, Inc.)

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Nondisclosure of Proprietary Data. The Parties shall hold in a fiduciary capacity for the benefit of each other all secret or confidential information, knowledge or data relating to the each other or any of their affiliated companies, and their respective businesses, which shall not be or become public knowledge. Neither Party, without the prior written consent of the other, or as may otherwise be required by law or legal process, shall communicate or divulge either before or after the Closing Date any such information, knowledge or data to anyone other than the other Party and those designated by the other Party in writing, or except as required by applicable law.

Appears in 9 contracts

Samples: Asset Purchase Agreement (Coloured (Us) Inc.), Asset Purchase Agreement (Itonis Inc.), Asset Purchase Agreement (Magenta Media (Us) Inc)

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Nondisclosure of Proprietary Data. The Parties shall hold confidential and in a fiduciary capacity for the benefit of each other all secret or confidential information, knowledge or data relating to each the other or any of their affiliated companies, and their respective businesses, which shall not be or become public knowledge. Neither Party, without the prior written consent of the other, or as may otherwise be required by law or legal process, shall communicate or divulge either before or after the Closing Date any such information, knowledge or data to anyone other than the other Party and those designated by the other Party in writing, or except as required by applicable law.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Nextgen Bioscience Inc.), Asset Purchase Agreement (Infrablue (Us) Inc.)

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