Common use of Receiving Party Obligations Clause in Contracts

Receiving Party Obligations. The Receiving Party shall: (a) protect and safeguard the confidentiality of the Disclosing Party’s Confidential Information with at least the same degree of care as the Receiving Party would protect its own Confidential Information, but in no event with less than a commercially reasonable degree of care; (b) not use the Disclosing Party’s Confidential Information, or permit it to be accessed or used, for any purpose other than to exercise its rights or perform its obligations under this Agreement; (c) not disclose any such Confidential Information to any Person, except to the Receiving Party’s its Affiliates’ employees, agents or representatives who need to know the Confidential Information to assist the Receiving Party (or its Affiliates), or act on its behalf, to exercise its rights or perform its obligations under this Agreement and who are bound by written obligations of confidentiality and restrictions on use that cover such Confidential Information and are at least as stringent as those set forth in this Agreement; and (d) immediately notify the Disclosing Party upon discovery of an unauthorized disclosure or use of such Confidential Information, cooperate with the Disclosing Party to retrieve such Confidential Information, and take reasonable steps to prevent any further unauthorized disclosure or use of such Confidential Information.

Receiving Party Obligations. The Receiving Party shall: (a) protect and safeguard the confidentiality of the Disclosing Party’s Confidential Information with at least the same degree of care as the Receiving Party would protect its own Confidential Information, but in no event with less than a commercially reasonable degree of care; (b) not use the Disclosing Party’s Confidential Information, or permit it to be accessed or used, for any purpose other than to exercise its rights or perform its obligations under this Agreement; (c) not disclose any such Confidential Information to any Person, except to the Receiving Party’s its Affiliates’ employees, agents or representatives who need to know the Confidential Information to assist the Receiving Party (or its Affiliates), or act on its behalf, to exercise its rights or perform its obligations under this Agreement and who are bound by written obligations of confidentiality and restrictions on use that cover such Confidential Information and are at least as stringent as those set forth in this Agreement; and (d) immediately notify the Disclosing Party upon discovery of an unauthorized disclosure or use of such Confidential Information, cooperate with the Disclosing Party to retrieve such Confidential Information, and take reasonable steps to prevent any further unauthorized disclosure or use of such Confidential Information.. APL PROPRIETARY/CONFIDENTIALBullfrogAI Prometheus License, July 2022

Receiving Party Obligations. The Subject to the terms of this Agreement, the Receiving Party shallwill: (i) not disclose the Disclosing Party’s Confidential Information to any person or entity, save and except to its authorized Representatives and Affiliates who: (a) need to know such Confidential Information for purposes of the Receiving Party’s exercise of its rights or performance of its obligations under and in accordance with this Agreement; (b) have been informed of the confidential nature of the Confidential Information and the Receiving Party’s obligations under this Agreement; and (c) are bound by written confidentiality and restricted use obligations at least as protective of the Confidential Information as the terms set forth herein; (ii) not access, use or disclose the Confidential Information, or permit it to be accessed or used, for any purpose other than for: (a) the Purpose of this Agreement; (b) the exercise of the Receiving Party’s rights or the performance of its obligations under and in accordance with this Agreement; and (c) any dispute between the Parties; (iii) protect and safeguard the confidentiality and security of the Disclosing Party’s Confidential Information with at least the same degree of care as the Receiving Party would use to protect its own Confidential Information, but in no event with less than a commercially reasonable degree of care; (biv) not access or otherwise use the Confidential Information in any manner to the Disclosing Party’s detriment, including without limitation, to reverse engineer, disassemble or decompile the Confidential Information, or permit it to be accessed or used, for any purpose other than to exercise its rights or perform its obligations under this Agreement; (cv) not disclose promptly notify the Disclosing Party of any such unauthorized use or disclosure of its Confidential Information and take all commercially reasonable steps to any Person, except to the Receiving Party’s its Affiliates’ employees, agents or representatives who need to know retrieve the Confidential Information to assist the Receiving Party (and prevent any further unauthorized use or its Affiliates), or act on its behalf, to exercise its rights or perform its obligations under this Agreement and who are bound by written obligations of confidentiality and restrictions on use that cover such Confidential Information and are at least as stringent as those set forth in this Agreementdisclosure; and (dvi) immediately notify ensure its Representatives’ and Affiliates' comply with the Disclosing terms of this Agreement and the Receiving Party upon discovery will be responsible and liable for any of an unauthorized disclosure or use its Representatives’ and Affiliates’ breach of such Confidential Information, cooperate with the Disclosing Party to retrieve such Confidential Information, and take reasonable steps to prevent any further unauthorized disclosure or use of such Confidential Informationterms.