Common use of Obligations of Receiving Party Clause in Contracts

Obligations of Receiving Party. The Receiving Party acknowledges that irreparable injury and damage will result from disclosure to third parties, or utilization for purposes other than those connected with the proposed acquisition or other business relationship, of any of the Confidential Information. Receiving Party agrees to: a. To hold the Confidential Information in strict confidence; b. Not to disclose such Confidential Information to any third party except as specifically authorized herein or as specifically authorized by the Company in writing; c. To use all reasonable precautions, consistent with the Receiving Party's treatment of its own confidential information of a similar nature, to prevent the unauthorized disclosure of the Confidential Information, including, without limitation, protection of documents from theft, unauthorized duplication and discovery of contents, and restrictions on access by other persons to such Confidential Information; d. Not to make or use any copies, synopses or summaries of oral or written material, photographs or any other documentation or information made available or supplied by the Company to Receiving Party except such as are necessary for Receiving Party's internal communications in connection with the Business Purpose; and e. Not to use any Confidential Information for any purpose other than the Business Purpose.

Obligations of Receiving Party. The Receiving Party acknowledges that irreparable injury and damage will result from disclosure to third parties, or utilization for purposes other than those connected with the proposed acquisition or other business relationship, of any of the Confidential Information. Receiving Party agrees toagrees: a. To (i) to hold the Confidential Information in strict confidence; b. Not (ii) not to disclose such Confidential Information to any third party except as specifically authorized herein or as specifically authorized by the Company Cricut in writing; c. To (iii) to use all reasonable precautions, consistent with the Receiving Party's ’s treatment of its own confidential information of a similar nature, to prevent the unauthorized disclosure of the Confidential Information, including, without limitation, protection of documents from theft, unauthorized duplication and discovery of contents, and restrictions on access by other persons to such Confidential Information; d. Not (iv) not to make or use any copies, synopses or summaries of oral or written material, photographs or any other documentation or information made available or supplied by the Company Cricut to Receiving Party except such as are necessary for Receiving Party's ’s internal communications in connection with the Business Purpose; and e. Not (v) not to use any Confidential Information for any purpose other than the Business Purpose.

Obligations of Receiving Party. The Receiving Party acknowledges that irreparable injury and damage will result from disclosure to third parties, or utilization for purposes other than those connected with the proposed acquisition or other business relationship, of any of the Confidential Information. Receiving Party agrees to: a. To hold the Confidential Information in strict confidence; b. Not to disclose such Confidential Information to any third party except as specifically authorized herein or as specifically authorized by the Company in writing; c. To use all reasonable precautions, consistent with the Receiving Party's treatment of its own confidential information of a similar nature, to prevent the unauthorized disclosure of the Confidential Information, including, without limitation, protection of documents from theft, unauthorized duplication and discovery of contents, and restrictions on access by other persons to such Confidential Information; d. Not to make or use any copies, synopses or summaries of oral or written material, photographs or any other documentation or information made available or supplied by the Company to Receiving Party except such as are necessary for Receiving Party's internal communications in connection with the Business Purpose; and e. Not to use any Confidential Information for any purpose other than the Business PurposePurpose with AGI. f. Not to replicate, duplicate or create any like variation of the technology used by the Company concerning websites, webinars, artificial intelligence, passwords or any other medium used in delivering information to the receiving party and its agents.