Common use of Permitted Use and Disclosure Clause in Contracts

Permitted Use and Disclosure. Each recipient may only: (a) Use the confidential information for a purpose necessary for exercising its rights or performing its obligations under this agreement or as required by law; and (b) Allow access to the confidential information to such of the recipient’s employees, directors or professional advisers who have a genuine need to know that confidential information.

Permitted Use and Disclosure. Each recipient may only: (a) Use the confidential information for a purpose necessary for exercising its rights or performing its obligations under this agreement agreement, or as required by law; and (b) Allow access to the confidential information to such of the recipient’s employees, directors or professional advisers who have a genuine need to know that confidential information.