Common use of Return or Destruction of Information Clause in Contracts

Return or Destruction of Information. As soon as possible after a written request from the Disclosing Party to the Receiving Party, each Recipient will return, or at the Recipient’s sole discretion, destroy all copies of any document or materials that contain Information. The undertaking of this paragraph shall not apply to (i) electronic copies made pursuant to automatic archiving, computer back-up procedures and/or disaster recovery systems (so long as no attempt is made to access any retained Information other than by IT, legal or compliance personnel in connection with their ordinary duties) and (ii) Information which a Recipient is obliged to store under law, regulation or otherwise for bona fide internal compliance, audit or insurance purposes, consistently applied, however such Information retained shall remain subject to the undertakings of this Agreement and such undertakings shall survive the lapse of the term of this Agreement. Upon written request of the Disclosing Party, the Receiving Party shall confirm in writing that all Recipients have returned or destroyed all such Information.

Return or Destruction of Information. As soon as possible after a written request from the Disclosing Party Discloser to the Receiving Interested Party, each Recipient will return, or at the Recipient’s sole discretion, destroy all copies of any document or materials that contain Information. The undertaking of this paragraph shall not apply to (i) electronic copies made pursuant to automatic archiving, computer back-up procedures and/or disaster recovery systems (so long as no attempt is made to access any retained Information other than by IT, legal or compliance personnel in connection with their ordinary duties) and (ii) Information which a Recipient is obliged to store under law, regulation or otherwise for bona fide internal compliance, audit or insurance purposes, consistently applied, however such Information retained shall remain subject to the undertakings of this Agreement and such undertakings shall survive the lapse of the term of this Agreement. Upon written request of the Disclosing PartyDiscloser, the Receiving Interested Party shall confirm in writing that all Recipients have returned or destroyed all such Information.

Return or Destruction of Information. As soon as possible after a written request from the Disclosing Party Discloser to the Receiving Interested Party, each Recipient will return, or at the Recipient’s sole discretion, destroy all copies of any document or materials that contain Information. The undertaking of this paragraph shall not apply to (i) electronic copies made pursuant to automatic archiving, computer back-up procedures and/or disaster recovery systems (so long as no attempt is made to access any retained Information other than by IT, legal or compliance personnel in connection with their ordinary duties) and (ii) Information which a Recipient is obliged to store under law, regulation or otherwise for bona fide internal compliance, audit or insurance purposes, consistently applied, however such Information retained shall remain subject to the undertakings of this Agreement and such undertakings shall survive the lapse of the term of this Agreement. Upon written request of the Disclosing PartyDiscloser, the Receiving Recipient Interested Party shall confirm in writing that it has all Recipients have returned or destroyed all such Information.