Common use of NOTWITHSTANDING TERMINATION Clause in Contracts

NOTWITHSTANDING TERMINATION. The obligations of any party contained in this Article 11 shall endure for the term of this Agreement and shall continue for two (2) years thereafter. The Parties acknowledge the competitive value and confidential nature of the confidential information to be disclosed and that damage could result to the disclosing party if confidential information is disclosed to any third party or used by any party other than the disclosing party. Further, the Parties acknowledge that if the receiving party shall violate the provisions of this Article 11, the disclosing party may suffer immediate and irrevocable harm for which damages may be an inappropriate and/or inadequate remedy and the Parties further agree that in the event of a breach or a threatened breach of any provision of this Article 11, the disclosing party shall be entitled and each of the Parties hereby consents to the issuance, in the Federal or State courts of Washington State, USA, or at the election of the disclosing party elsewhere, of a temporary restraining order, preliminary and permanent injunction, without bond, restraining and enjoining the said breach or violation by the receiving party and any other person or entity which may be acting in concert with the receiving party to whom the confidential information may have been disclosed.

NOTWITHSTANDING TERMINATION. The obligations of any party Party contained in this Article 11 16 shall endure for the term of this Agreement and shall continue for two (2) years thereafter. The Parties acknowledge the competitive value and confidential nature of the confidential information to be disclosed and that damage could result to the disclosing party if confidential information is disclosed to any third party or used by any party other than the disclosing party. Further, the Parties acknowledge that if the receiving party shall violate the provisions of this Article 1116, the disclosing party may suffer immediate and irrevocable harm for which damages may be an inappropriate and/or inadequate remedy and the Parties further agree that in the event of a breach or a threatened breach of any provision of this Article 1116, the disclosing party shall be entitled and each of the Parties hereby consents to the issuance, in the Federal or State courts of Washington State, USA, or at the election of the disclosing party Party elsewhere, of a temporary restraining order, preliminary and permanent injunction, without bond, restraining and enjoining the said breach or violation by the receiving party and any other person or entity which may be acting in concert with the receiving party to whom the confidential information may have been disclosed.