Common use of Ongoing Obligation for Confidentiality Clause in Contracts

Ongoing Obligation for Confidentiality. Upon expiration or termination of this Agreement, the receiving Party shall, and shall cause its Recipients to, destroy or return (as requested by the disclosing Party) any Confidential Information of the disclosing Party, except that the receiving Party (a) may retain a single copy of Confidential Information for the sole purpose of ascertaining its rights and responsibilities in respect of such information and (b) shall not be required to destroy any computer files stored securely by the receiving Party that are created by automatic system back up.

Appears in 8 contracts

Samples: License Agreement (Talaris Therapeutics, Inc.), License Agreement (JATT Acquisition Corp), License Agreement (Pyxis Oncology, Inc.)

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Ongoing Obligation for Confidentiality. Upon expiration or termination of this Agreement, the receiving Party shall, and shall cause its Recipients to, destroy or return (as requested by the disclosing Party) any Confidential Information of the disclosing Party, except that the receiving Party (a) for one copy which may retain a single copy of Confidential Information be retained in its confidential files for the sole purpose of ascertaining its rights and responsibilities in respect of such information and (b) shall not be required to destroy any computer files stored securely by the receiving Party that are created by automatic system back uparchive purposes.

Appears in 6 contracts

Samples: Exclusive License and Supply Agreement (Actinium Pharmaceuticals, Inc.), License and Supply Agreement (Aeglea BioTherapeutics, Inc.), Amended and Restated License Agreement (Gemphire Therapeutics Inc.)

Ongoing Obligation for Confidentiality. Upon expiration or termination of this Agreement, the receiving Party shall, and shall cause its Recipients to, destroy destroy, delete, or return (as requested by the disclosing Party) any Confidential Information of the disclosing Party, except that the receiving Party (a) for one copy which may retain a single copy of Confidential Information be retained in its confidential files for the sole purpose of ascertaining its rights and responsibilities in respect of such information and (b) shall not be required to destroy any computer files stored securely by the receiving Party that are created by automatic system back uparchive purposes.

Appears in 3 contracts

Samples: License Agreement (Puma Biotechnology, Inc.), License Agreement (Puma Biotechnology, Inc.), License Agreement (Puma Biotechnology, Inc.)

Ongoing Obligation for Confidentiality. Upon expiration or termination of this Agreement, the receiving Party shall, and shall cause its Recipients to, destroy destroy, delete or return (as requested by the disclosing Party) any Confidential Information of the disclosing Party, except that the receiving Party (a) for one copy which may retain a single copy of Confidential Information be retained in its confidential files for the sole purpose of ascertaining its rights and responsibilities in respect of such information and (b) shall not be required to destroy any computer files stored securely by the receiving Party that are created by automatic system back uparchive purposes.

Appears in 3 contracts

Samples: License Agreement (Verastem, Inc.), License Agreement (Clovis Oncology, Inc.), License Agreement (Clovis Oncology, Inc.)

Ongoing Obligation for Confidentiality. Upon expiration or termination of this Agreement, the receiving Party shall, and shall cause its Recipients to, destroy or return (as requested by the disclosing Party) any Confidential Information of the disclosing Party, except that the receiving Party (a) may retain a single copy of Confidential Information for the sole purpose of (i) ascertaining its rights and responsibilities in respect of such information and (ii) exercising its rights that expressly survive the expiration or termination of this Agreement and (b) shall not be required to destroy any computer files stored securely by the receiving Party that are created by automatic system back up.

Appears in 2 contracts

Samples: License and Collaboration Agreement (Roivant Sciences Ltd.), License Agreement (ARYA Sciences Acquisition Corp II)

Ongoing Obligation for Confidentiality. Upon expiration or termination of this Agreement, the receiving Receiving Party shall, and shall cause its Recipients to, destroy or return (as requested by the disclosing Disclosing Party) any Confidential Information of the disclosing Disclosing Party, except ; provided that the receiving Receiving Party (a) may retain a single one copy of Confidential Information in its confidential files for the sole purpose of ascertaining its ongoing rights and responsibilities in respect of such information connection with this Agreement and (b) shall not be required to destroy any computer files stored securely by the receiving Party created during automatic system back-up that are created by automatic system back upstored securely.

Appears in 2 contracts

Samples: License Agreement (Arog Pharmaceuticals, Inc.), License Agreement (Arog Pharmaceuticals, Inc.)

Ongoing Obligation for Confidentiality. Upon expiration or termination of this Agreement, the receiving Party shall, and shall cause its Recipients to, destroy destroy, delete or return (as requested by the disclosing Party) any Confidential Information of the disclosing Party, except that the receiving Party (a) may retain a single copy of Confidential Information for the sole purpose of ascertaining its rights and responsibilities in respect of such information and (b) shall not be required to destroy any computer files stored securely by the receiving Party that are created by automatic system back up.

Appears in 2 contracts

Samples: License Agreement (Fusion Pharmaceuticals Inc.), License Agreement (Fusion Pharmaceuticals Inc.)

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Ongoing Obligation for Confidentiality. Upon expiration or termination of this Agreement, the receiving Party shall, and shall cause its Recipients to, destroy or return (as requested by the disclosing Party) any Confidential Information of the disclosing Party, except that the receiving Party (a) may retain a single copy of the disclosing Party’s Confidential Information for the sole purpose of (i) ascertaining its rights and responsibilities in respect of such information and (ii) exercising its rights that expressly survive the expiration or termination of this Agreement, and (b) shall not be required to destroy any computer files stored securely by the receiving Party that are created by automatic system back up.

Appears in 2 contracts

Samples: License Agreement (SpringWorks Therapeutics, Inc.), License Agreement

Ongoing Obligation for Confidentiality. Upon expiration or termination of this Agreement, the receiving Party shall, and shall cause its Recipients to, destroy destroy, delete or return (as requested by the disclosing Party) any Confidential Information of the disclosing Party, except that for one copy which may be retained in the receiving Party (a) may retain a single copy confidential files of Confidential Information its legal department for the sole purpose of ascertaining its rights and responsibilities in respect of such information and (b) shall not be required to destroy any computer files stored securely by the receiving Party that are created by automatic system back uparchival purposes only.

Appears in 2 contracts

Samples: License Agreement (Bluebird Bio, Inc.), License Agreement (Bluebird Bio, Inc.)

Ongoing Obligation for Confidentiality. Upon expiration or termination of this Agreement, the receiving Party shall, and shall cause its Recipients to, destroy or return (as requested by the disclosing Party) any Confidential Information of the disclosing Party, except that the receiving Party for one (a1) copy which may retain a single copy of Confidential Information be retained in its confidential files for the sole purpose of ascertaining its rights and responsibilities in respect of such information and (b) shall not be required to destroy any computer files stored securely by the receiving Party that are created by automatic system back uparchive purposes.

Appears in 1 contract

Samples: License and Assignment Agreement (GTX Inc /De/)

Ongoing Obligation for Confidentiality. Upon expiration or termination of this Agreement, the receiving Receiving Party shall, and shall cause its Recipients to, destroy or return (as requested by the disclosing Disclosing Party) any Confidential Information of the disclosing Disclosing Party, except that the receiving Party (a) may retain a single copy of the Confidential Information for the sole purpose of (i) ascertaining its rights and responsibilities in respect of such information Confidential Information and (ii) exercising its rights that expressly survive the expiration or termination of this Agreement and (b) shall not be required to destroy any computer files stored securely by the receiving Party that are created by automatic system back up.

Appears in 1 contract

Samples: License Agreement (Akcea Therapeutics, Inc.)

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