Receiver of Confidential Information. (a) must not, without the prior approval of the Discloser, use, make public or disclose to any person any Confidential Information; (b) must immediately notify the Discloser if it becomes aware of any unauthorised use or disclosure of the Confidential Information; (c) must keep all Confidential Information in a secure location so that no unauthorised person is able to gain access to it; (d) may disclose Confidential Information only: (i) to its personnel who are aware that the Confidential Information is confidential and are subject to the same obligations of confidentiality as the Receiver and only to the extent necessary to exercise its rights and perform its obligations under this Agreement; (ii) to the extent required by law, provided that the Receiver must use its best endeavours to immediately notify the Discloser prior to the information being disclosed; and (iii) to the Receiver’s professional advisers; (e) will ensure that its personnel comply with any obligations of confidentiality in relation to the Confidential Information and will enforce those obligations in case of breach.
Appears in 25 contracts
Samples: Financial Incentive Agreement, Financial Incentive Agreement, Financial Incentive Agreement
Receiver of Confidential Information. (a) must not, without the prior approval of the Discloser, use, make public or disclose to any person any Confidential Information;
(b) must immediately notify the Discloser if it becomes aware of any unauthorised use or disclosure of the Confidential Information;
(c) must keep all Confidential Information in a secure location so that no unauthorised person is able to gain access to it;
(d) may disclose Confidential Information only:
(i) to its personnel who are aware that the Confidential Information is confidential and are subject to the same obligations of confidentiality as the Receiver and only to the extent necessary to exercise its rights and perform its obligations under this Agreement;
(ii) to the extent required by law, provided that the Receiver must use its best endeavours to immediately notify the Discloser prior to the information being disclosed; and
(iii) to the Receiver’s professional advisers;
(e) will ensure that its personnel comply with any obligations of confidentiality in relation to the Confidential Information and will enforce those obligations in case of breach;
(f) must, upon receiving a request from the Discloser, deliver or destroy all documents, records or files in its possession or control which contain Confidential Information.
Appears in 2 contracts
Samples: Funding Agreement, Funding Agreement
Receiver of Confidential Information. (a) must not, without the prior approval of the Discloser, use, make public or disclose to any person any Confidential Information;
(b) must immediately notify the Discloser if it becomes aware of any unauthorised use or of disclosure of the Confidential Information;
(c) must keep all Confidential Information in a secure location so that no unauthorised person is able to gain access to it;
(d) may disclose Confidential Information only:
(i) to its personnel who are aware that the Confidential Information is confidential and are subject to the same obligations of confidentiality as the Receiver and only to the extent necessary to exercise its rights and perform its obligations under this Agreement;
(ii) to the extent required by law, provided that the Receiver must use its best endeavours to immediately notify the Discloser prior to the information being disclosed; and
(iii) to the Receiver’s professional advisers;
(e) will ensure that its personnel comply with any obligations of confidentiality in relation to the Confidential Information and will enforce those obligations in case of breach.
Appears in 2 contracts
Samples: Financial Incentive Agreement, Financial Incentive Agreement