Obligation to Maintain Secrecy Sample Clauses

Obligation to Maintain Secrecy. The staff member shall maintain strict secrecy about all internal matters and all circumstances which become known to him/her in the course of his/her work and the secrecy of which is in the University's job-related interests. This obligation to maintain secrecy shall survive termination of the employment relationship.
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Obligation to Maintain Secrecy. The Receiving Party undertakes to treat any confidential information as strictly confidential and to ensure that unauthorised third parties, in particular persons who are not involved in the project, gain no knowledge of the same. For the purposes of this Agree- ment the group companies of the GRASS Group shall not be deemed third parties and confidential Information may be exchanged with the same. This obligation to maintain the information obtained secret shall, in particular, include the duty not to use confiden- tial information for purposes other than those stated in the preamble. Any publications, be they press releases or technical publications in connection with the purposes stated in the preamble or the naming of the Party as a reference, shall require prior written consent from the Disclosing Party. In the case that confidential information must be disclosed due to mandatory statutory requirements, the Parties undertake to immediately notify the Disclosing Party of this fact and of the scope of the confidential information to be disclosed. The Receiving Party who is under an obligation to disclose confidential information due to mandatory statutory requirements shall disclose confi- dential information only to the extent absolutely necessary.
Sample 1
Obligation to Maintain Secrecy. The law firm shall keep secret all matters confided to him and any other information which becomes known to him in his professional capacity, secrecy of which is in his Client's interest. The law firm shall be released from his obligation to maintain secrecy only to the extent that this is necessary for pursuing the law firm's claims (including but not limited to the law firm's fee) or for defending himself against claims raised against him (including but not limited to claims for damages raised against the law firm by the Client or third parties).
Sample 1
Obligation to Maintain Secrecy. Conflict of interests 5.1. The Lawyer shall keep secret all matters confided to him and any other information which becomes known to him in his professional capacity, secrecy of which is in his Client's interest. 5.2. The Lawyer is entitled to ask all staff to handle matters within the scope of applicable laws and guidelines, provided that the staff has been informed about the obligation to maintain secrecy in a manner that can be evidenced. 5.3. The Lawyer shall be released from his obligation to maintain secrecy only to the extent that this is necessary for pursuing the Lawyer's claims (including but not limited to the Lawyer's fee) or for defending himself against claims raised against him (including but not limited to claims for damages raised against the Lawyer by the Client or third parties). 5.4. The Client is aware of the fact that due to statutory orders the Lawyer may in some cases be obliged to provide information or to make reports to public authorities without having to obtain the Client's approval; particular reference is made to the statutory provisions on the prevention of money laundering and terrorist financing and to tax-law provisions (e.g. the Austrian Statute on Account Registers and Inspection of Accounts, the Austrian Act on Common Reporting Standards, etc.). 5.5. The Client may release the Lawyer from his obligation to maintain secrecy at any time. No release from the obligation to maintain secrecy by his Client shall release the Lawyer from the obligation to check whether his statement is in line with the Client's interest. If the Lawyer acts as a mediator, he shall exercise his right to maintain secrecy despite having been released from the obligation to maintain secrecy. 5.6. The Lawyer shall examine whether his work for the Client would result in a conflict of interest as defined by the provisions of the Austrian Lawyers’ Code.
Sample 1
Obligation to Maintain Secrecy. 2.1 For the duration of this Agreement and for a further three (3) years after termination of the Agreement, the Contractor shall treat all Confidential Information as strictly confidential by making sure inter alia: - not to disclose any Confidential Information to any Third Parties and to take all necessary steps to prevent any access by a third party or other unauthorized access to the Confidential Information or fraudulent use thereof; - not to use the Confidential Information for any purpose other than the above mentioned Purpose; - not to use the Confidential Information in any way detrimental to the Customer or to obtain any competitive advantage for itself. - to limit disclosure of the Confidential Information to its employees and consultants on a “need-to-know” basis, i.e. only allowing access to the Confidential Information to employees and consultants who are included in the process of achieving the Purpose - to ensure that all confidential models of cars or parts thereof are held in a closed room with restricted access and with cover where needed; - to report all incidents affecting the secrecy, especially contacts with journalists, photographers or other persons or violations of this agreement to the Customer(for the DPO: xxxxxxxxxxxxxx.xxxxxx@xxxx.xx); - to ensure that all use of IT-network, pc’s and other hardware or software is being in line with the respective terms and conditions i.a the as mentioned in the guidelines(IT security guidelines for partner companies, - to ensure that in the processing and storage of data in EDP systems (e.g. PCs, laptops) and their transmission suitable security precautions are taken which shall prevent Third Parties to gain access to these data; - to respect the general prohibition on sound and picture recording on the Customer’s premises; exceptions require the written approval of the Customer’s Security Officer. 2.2 The Confidential Information shall not be mechanically copied or otherwise reproduced by the Contractor without the express written permission of the Customer, except for such copies as the Contractor may require pursuant to and in accordance with this Agreement for internal evaluation purposes on a “need to know” basis. 2.3 All copies shall, on reproduction by the Contractor, contain the same proprietary and confidential notices and legends which appear on the original information, unless expressly and in written authorized otherwise by the Customer.. 2.4 If a sample, product or part of a prod...
Sample 1
Obligation to Maintain Secrecy. Each party undertakes to keep secret and confidential and to use only as provided in this Agreement, all Technology disclosed to it by the other party during the term of this Agreement.
Sample 1
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Obligation to Maintain Secrecy. The customer is obliged to treat any information concerning Mobile Pro AG and any business- and company secret (as price-lists, discounts or customer-lists, etc.) as confidential. The customer may not publicize nor disclose any information to a third party without prior written consent. The obligation to maintain secrecy will not end by termination of contractual relationship.
Sample 1
Obligation to Maintain Secrecy. Each party undertakes to keep secret and confidential and to use only as provided in this Agreement, all Proprietary Data disclosed to it by other party during the term of this Agreement or that is Program Technology.
Sample 1

Related to Obligation to Maintain Secrecy

  • Obligation to Maintain Confidentiality (a) The Optionee agrees that all information, whether or not in writing, of a private, secret or confidential nature concerning the Company’s business, business relationships or financial affairs (collectively, “Confidential Information”) is and shall be the exclusive property of the Company. By way of illustration, but not limitation, Confidential Information may include inventions, products, processes, methods, techniques, formulas, compositions, compounds, projects, developments, plans, research data, financial data, personnel data, computer programs, customer and supplier lists, and contacts at or knowledge of customers or prospective customers of the Company. The Optionee will not disclose any Confidential Information to any person or entity other than employees of the Company or use the same for any purposes (other than in the performance of his duties as an employee of the Company) without written approval by the Board, either during or after his employment with the Company, unless and until such Confidential Information has become public knowledge without fault by the Optionee. (b) The Optionee agrees that all files, letters, memoranda, reports, records, data, sketches, drawings, laboratory notebooks, program listings, or other written, photographic, or other tangible material containing Confidential Information, whether created by the Optionee or others, which shall come into his custody or possession, shall be and are the exclusive property of the Company to be used by the Optionee only in the performance of his duties for the Company. All such materials or copies thereof and all tangible property of the Company in the custody or possession of the Optionee shall be delivered to the Company, upon the earlier of (i) a request by the Company or (ii) termination of his employment. After such delivery, the Optionee shall not retain any such materials or copies thereof or any such tangible property. (c) The Optionee agrees that his obligation not to disclose or to use information and materials of the types set forth in paragraphs (a) and (b) above, and his obligation to return materials and tangible property set forth in paragraph (b) above also extends to such types of information, materials and tangible property of customers of the Company or suppliers to the Company or other third parties who may have disclosed or entrusted the same to the Company or to the Optionee.

  • Obligation to Mitigate Each Lender (which term shall include Issuing Bank for purposes of this Section 2.21) agrees that, as promptly as practicable after the officer of such Lender responsible for administering its Loans or Letters of Credit, as the case may be, becomes aware of the occurrence of an event or the existence of a condition that would cause such Lender to become an Affected Lender or that would entitle such Lender to receive payments under Section 2.18, 2.19 or 2.20, it will, to the extent not inconsistent with the internal policies of such Lender and any applicable legal or regulatory restrictions, use reasonable efforts to (a) make, issue, fund or maintain its Credit Extensions, including any Affected Loans, through another office of such Lender, or (b) take such other measures as such Lender may deem reasonable, if as a result thereof the circumstances which would cause such Lender to be an Affected Lender would cease to exist or the additional amounts which would otherwise be required to be paid to such Lender pursuant to Section 2.18, 2.19 or 2.20 would be materially reduced and if, as determined by such Lender in its sole discretion, the making, issuing, funding or maintaining of such Revolving Commitments, Loans or Letters of Credit through such other office or in accordance with such other measures, as the case may be, would not otherwise adversely affect such Revolving Commitments, Loans or Letters of Credit or the interests of such Lender; provided, such Lender will not be obligated to utilize such other office or take such other measures pursuant to this Section 2.21 unless Borrower agrees to pay all reasonable incremental expenses incurred by such Lender as a result of utilizing such other office or take such other measures as described above. A certificate as to the amount of any such expenses payable by Borrower pursuant to this Section 2.21 (setting forth in reasonable detail the basis for requesting such amount) submitted by such Lender to Borrower (with a copy to Administrative Agent) shall be conclusive absent manifest error.

  • NO OBLIGATION TO MAINTAIN RELATIONSHIP The Company is not by the Plan or this Option obligated to continue the Participant as an employee, director or consultant of the Company or an Affiliate. The Participant acknowledges: (i) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (ii) that the grant of the Option is a one-time benefit which does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (iii) that all determinations with respect to any such future grants, including, but not limited to, the times when options shall be granted, the number of shares subject to each option, the option price, and the time or times when each option shall be exercisable, will be at the sole discretion of the Company; (iv) that the Participant’s participation in the Plan is voluntary; (v) that the value of the Option is an extraordinary item of compensation which is outside the scope of the Participant’s employment contract, if any; and (vi) that the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments.

  • Failure to Maintain Insurance Failure on the part of the Consultant to maintain the insurance as required shall constitute a material breach of contract, upon which the City may, after giving five business days notice to the Consultant to correct the breach, immediately terminate the Agreement or, at its discretion, procure or renew such insurance and pay any and all premiums in connection therewith, with any sums so expended to be repaid to the City on demand, or at the sole discretion of the City, offset against funds due the Consultant from the City.

  • Obligation to Keep Company Informed During the period of my employment and for six (6) months after termination of my employment with the Company, I will promptly disclose to the Company fully and in writing all Inventions authored, conceived or reduced to practice by me, either alone or jointly with others. In addition, I will promptly disclose to the Company all patent applications filed by me or on my behalf within a year after termination of employment. At the time of each such disclosure, I will advise the Company in writing of any Inventions that I believe fully qualify for protection under Section 2870; and I will at that time provide to the Company in writing all evidence necessary to substantiate that belief. The Company will keep in confidence and will not use for any purpose or disclose to third parties without my consent any confidential information disclosed in writing to the Company pursuant to this Agreement relating to Inventions that qualify fully for protection under the provisions of Section 2870. I will preserve the confidentiality of any Invention that does not fully qualify for protection under Section 2870.

  • Failure to Maintain Coverage Failure by the Contractor to maintain the required insurance, or to provide evidence of insurance coverage acceptable to the County, shall constitute a material breach of the Contract upon which the County may immediately terminate or suspend this Contract. The County, at its sole option, may obtain damages from the Contractor resulting from said breach. Alternatively, the County may purchase such required insurance coverage, and without further notice to the Contractor, the County may deduct from sums due to the Contractor any premium costs advanced by the County for such insurance.

  • Duty to Maintain During the term of this Agreement, Consultant/Licensor shall use its best efforts to maintain in full force and effect U.S. federal registrations for the Consultant/Licensor Marks.

  • OBLIGATION TO NEGOTIATE 50.01 The Employer and the Union acknowledge that during negotiations which preceded this Agreement, each had the unlimited right and opportunity to make demands and proposals with respect to any subject or matter not removed by law from the area of collective bargaining/negotiations and that the understandings and agreements arrived at by the parties after the exercise of that right and opportunity are set forth in this Agreement.

  • No Obligation to Mitigate Executive shall not be required to seek other employment or otherwise to mitigate Executive's damages upon any termination of employment; provided, however, that, to the extent Executive receives from a subsequent employer health or other insurance benefits that are substantially similar to the benefits referred to in Section 5(b) hereof, any such benefits to be provided by the Company to Executive following the Term shall be correspondingly reduced.

  • OBLIGATION TO REMIT SUBSEQUENT PAYMENTS AND FORWARD COMMUNICATIONS (A) Any payment received by SLM ECFC with respect to amounts accrued after the date of the related Xxxx of Sale for any Purchased Loan sold to Funding, which payment is not reflected in the related Loan Transmittal Summary Form, shall be received by SLM ECFC in trust for the account of Funding and SLM ECFC hereby disclaims any title to or interest in any such amounts. Within two (2) Business Days following the date of receipt, SLM ECFC shall remit to Funding an amount equal to any such payments along with a listing on a form provided by Funding identifying the Purchased Loans with respect to which such payments were made, the amount of each such payment and the date each such payment was received. (B) Any written communication received at any time by SLM ECFC with respect to any Loan subject to these Master Terms or the related Purchase Agreement shall be transmitted by SLM ECFC to the Servicer within two (2) Business Days of receipt. Such communications shall include, but not be limited to, letters, notices of death or disability, notices of bankruptcy, forms requesting deferment of repayment or loan cancellation, and like documents.

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