Common use of Restrictions on Confidential Information Clause in Contracts

Restrictions on Confidential Information. For a period of three (3) years after receipt of Discloser’s Confidential Information, Recipient agrees that: (i) it will not use such Confidential Information for any purpose other than as specified under Section 7.3, including for its own benefit or the benefit of any other person or entity; and (ii) it will use reasonable efforts (but not less than the efforts used to protect its own confidential and/or proprietary information of a similar nature) to protect Discloser’s Confidential Information. Further, Recipient will not disclose Discloser’s Confidential Information to any other person or entity except only on a need-to-know basis to its and its Affiliates’ employees, staff members and agents (“Receiving Individuals”) who are directly involved in the performance of the Sponsored Research and who are informed of the confidential nature of such information, provided Recipient will be responsible for compliance by Receiving Individuals with the terms of this Agreement and any breach thereof.

Appears in 3 contracts

Samples: Translational Research Program Renewal Grant Agreement, New Idea Award Grant Agreement, Translational Research Program Grant Agreement

AutoNDA by SimpleDocs

Restrictions on Confidential Information. For a period of three (3) years after receipt of Discloser’s Confidential Information, each Recipient agrees that: (i) it will not use such Confidential Information for any purpose other than as specified under Section 7.3herein, including without limitation for its own benefit or the benefit of any other person or entity; and (ii) it will use reasonable efforts (but not no less than the efforts used to protect its own confidential and/or proprietary information of a similar nature) not to protect Discloser’s Confidential Information. Further, Recipient will not disclose Discloser’s such Confidential Information to any other person or entity except as expressly permitted hereunder. Recipient may, however, disclose Discloser’s Confidential Information only on a need-to-to- know basis to its and its Affiliates’ employees, staff members and agents (“Receiving Individuals”) who are directly involved in the performance of the Sponsored Research and who are informed of the confidential nature of such information, provided Recipient will be responsible for compliance by Receiving Individuals with the terms of this Agreement and any breach thereof.

Appears in 2 contracts

Samples: Specialized Center of Research Grant Agreement, Specialized Center of Research Grant Agreement

Restrictions on Confidential Information. For a period of three (3) years after receipt of Discloser’s Confidential Information, Recipient agrees that: (i) it will not use such Confidential Information for any purpose other than as specified under Section 7.38.3, including for its own benefit or the benefit of any other person or entity; and (ii) it will use reasonable efforts (but not less than the efforts used to protect its own confidential and/or proprietary information of a similar nature) to protect Discloser’s Confidential Information. Further, Recipient will not disclose Discloser’s Confidential Information to any other person or entity except only on a need-to-know basis to its and its Affiliates’ employees, staff members and agents (“Receiving Individuals”) who are directly involved in the performance of the Sponsored Research and who are informed of the confidential nature of such information, provided Recipient will be responsible for compliance by Receiving Individuals with the terms of this Agreement and any breach thereof.

Appears in 1 contract

Samples: Specialized Center of Research Grant Agreement

AutoNDA by SimpleDocs

Restrictions on Confidential Information. For a period of three (3) years after receipt of Discloser’s Confidential Information, Recipient agrees that: (i) it will not use such Confidential Information for any purpose other than as specified under Section 7.3, including for its own benefit or the benefit of any other person or entity; and (ii) it will use reasonable efforts (but not less than the efforts used to protect its own confidential and/or proprietary information of a similar nature) to protect Discloser’s Confidential Information. Further, Recipient will not disclose Discloser’s Confidential Information to any other person or entity except only on a need-need- to-know basis to its and its Affiliates’ employees, staff members and agents (“Receiving Individuals”) who are directly involved in the performance of the Sponsored Research and who are informed of the confidential nature of such information, provided Recipient will be responsible for compliance by Receiving Individuals with the terms of this Agreement and any breach thereof.

Appears in 1 contract

Samples: Program Grant Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.