Common use of Return or Destruction of Records Clause in Contracts

Return or Destruction of Records. 5.1 At the discloser’s request, the Recipient must immediately stop using all Confidential Information and, at its cost, must for all Records in the possession or control of the Recipient or of any person to whom it has given access to any Record: a) deliver every tangible Record to the Discloser or at the Discloser’s option destroy it; and b) erase or destroy every intangible Record. 5.2 The Discloser undertakes to the Recipient to honour a reciprocal obligation for Proposal Information.

Return or Destruction of Records. 5.1 At the discloser’s request, the Recipient must immediately stop using all Confidential Information information and, at its cost, must for all Records in the possession or control of the Recipient or of any person to whom it has given access to any Record: a) a. deliver every tangible Record to the Discloser or at the Discloser’s option destroy it; and b) b. erase or destroy every intangible Record. 5.2 The Discloser undertakes to the Recipient to honour a reciprocal obligation for Proposal Information.