Use and Ownership of Confidential Information. The Investor agrees (a) to use all Confidential Information only to the extent necessary to enable the Investor to assess the Investor's investment in the Company and the Company's determination of the Monthly Revenue Share Amount; (b) not to disclose or provide any Confidential Information to any person or entity without the Company's prior written consent; and (c) not to copy or reproduce any of the Confidential Information. Ownership of all right, title and interest in the Confidential Information shall remain at all times with the Company, and nothing in this Agreement shall give any right, title or interest in, or license to, any such Confidential Information to the Investor (or any other person or entity). The Investor's obligations set forth in this Section 11 shall indefinitely survive the termination of this Agreement.
Use and Ownership of Confidential Information. The Receiving Party, except as expressly provided in this Agreement, will not disclose Confidential Information to anyone other than its Representatives (as defined in Section 7 below) who have a need to know without the Disclosing Party’s prior written consent. In addition, the Receiving Party will not use, or permit others to use, Confidential Information for any purpose other than its evaluation of a potential business opportunity between the parties and, if desired by the parties, negotiation and consummation of a business transaction between the parties pursuant to a definitive agreement. The Receiving Party will take all reasonable measures to avoid disclosure, dissemination or unauthorized use of the Disclosing Party’s Confidential Information, including, at a minimum, those measures it takes to protect its own confidential information of a similar nature. All Confidential Information will remain the exclusive property of the Disclosing Party, and the Receiving Party will have no rights, by license or otherwise, to use the Disclosing Party’s Confidential Information except as expressly provided herein.
Use and Ownership of Confidential Information. The Receiving Party, except as expressly provided in this Agreement, will not disclose Confidential Information to anyone without the Disclosing Party’s prior written consent. In addition, the Receiving Party will not use, or permit others to use, Confidential Information for any reason other than the Purpose.
Use and Ownership of Confidential Information. A recipient shall use confidential information solely for evaluating a potential business relationship with the Owner and shall not use Confidential Information for purposes of competing with the Owner. Notwithstanding the foregoing, each Party acknowledges and agrees that the other Party may be a competitor and that nothing in this agreement shall prohibit or restrict either Party from competing with the other Party in any manner, as long as the Confidential Information of the other Party is not used for such purpose
Use and Ownership of Confidential Information. The Receiving Party, except as expressly provided in this Agreement, will not disclose Confidential Information to anyone without the Disclosing Party’s prior written consent. The Receiving Party agrees to use reasonable care, but in no event no less than the same degree of care that it uses to protect its own confidential and proprietary information of similar importance, to prevent the unauthorized use, disclosure, publication or dissemination of Confidential Information. The Receiving Party will refrain from reverse engineering, decompiling or disassembling any software code and/or pre-release hardware devices disclosed by the Disclosing Party under the terms of this Agreement, except as expressly permitted by applicable law. In addition, the Receiving Party will not use, or permit others to use, Confidential Information for any purpose other than the sole purpose described in Exhibit “A” attached hereto and made a part hereof. All Confidential Information will remain the exclusive property of the Disclosing Party, and the Receiving Party will have no rights, by license or otherwise, to use the Confidential Information except as expressly provided herein. The Receiving Party will not file any copyright registrations, patent, or trademark applications or similar registrations of ownership on the Disclosing Party’s Confidential Information. In the event the Receiving Party does so in violation of this Agreement, the Receiving Party will assign to the Disclosing Party such registrations and applications. Subject to the Receiving Party’s patents, trademarks and copyrights, the Disclosing Party is free to use and incorporate in the Disclosing Party’s products any ideas, suggestions or recommendations provided by the Receiving Party regarding the Disclosing Party’s Confidential Information, without payment of royalties or other consideration to the Receiving Party.
Use and Ownership of Confidential Information. The Receiving Party, except as expressly provided in this Agreement, will not disclose Confidential Information to anyone without the Disclosing Party’s prior written consent. In addition, the Receiving Party will not use, or permit others to use, Confidential Information for any purpose other than its evaluation of the other party’s products and/or services and, if desired by the parties, negotiation and consummation of a business transaction between the parties pursuant to a definitive agreement. The Receiving Party will take all reasonable measures to avoid disclosure, dissemination or unauthorized use of Confidential Information, including, at a minimum, those measures it takes to protect its own confidential information of a similar nature. All Confidential Information will remain the exclusive property of the Disclosing Party, and the Receiving Party will have no rights, by license or otherwise, to use the Confidential Information except as expressly provided herein.
Use and Ownership of Confidential Information. Confidential Information may be used by the Recipient solely for the purposes of the Project. The Recipient shall not publish, reproduce, disclose or release the Confidential Information of the Provider, in whole or in part, to any third party (including any contractor, agent, government agency, or customer) without the prior written consent of the Provider in its sole discretion. The Recipient may receive and use Confidential Information pursuant to this Agreement solely for the purposes of this Agreement and shall not use such Confidential Information to the detriment of the Provider or for the benefit of third parties.
Use and Ownership of Confidential Information. The Recipient may receive and use Confidential Information pursuant to this Agreement solely for the purposes of this: Agreement. The Recipient shall not use the Confidential Information for the benefit of third parties. The Recipient understands and acknowledges that the Provider has a proprietary interest in and shall retain all rights to and ownership of Confidential Information. Upon request by the Provider, or upon the termination or expiration of this Agreement, Recipient will return to Provider all Confidential Information, including all copies, derivatives, or summaries thereof.
Use and Ownership of Confidential Information. 2.1 Either party may (a) disclose the Confidential Information only to its employees, its professional advisers and Affiliates who are required to have the Confidential Information to achieve the Purpose and who comply with the confidentiality and non-disclosure obligations contained in this Agreement; and (b) use the Confidential Information only for the Purpose.
2.2 The Receiving Party will not disclose, use, transfer or otherwise make the Confidential Information available to any other person or to any other party without the prior written consent of the Disclosing Party.
2.3 The Receiving Party may make a limited number of copies of any documents containing Confidential Information as necessary to achieve the Purpose. The Receiving Party will reproduce the restrictive legends of the original on all copies it makes.
2.4 The Receiving Party will protect Confidential Information using the same degree of care, but no less than reasonable care, as it uses to protect its own confidential information.
2.5 All Confidential Information disclosed by a party hereunder shall remain the property of such party and no rights other than those expressly set out in this Agreement are granted or to be implied from this Agreement.
2.6 Without prejudice to the generality of the foregoing, the Company acknowledges that the FIA, as the governing body of motorsport, may have under development or may in the future create or develop, or otherwise be associated, with a project that is substantially similar or identical to the Purpose, and the FIA may do so without any liability to Company.
Use and Ownership of Confidential Information. The Receiving Party shall maintain the confidentiality of the Disclosing Party's Confidential Information and shall use procedures no less rigorous than those used to protect and preserve the confidentiality of its own similar proprietary information, but no less than a reasonable standard of care. The Receiving Party shall not (i) transfer or disclose any of the Disclosing Party's Confidential Information to any third party; (ii) use any of the Disclosing Party's Confidential Information for any purpose other than in connection with the Transaction; or (iii) take any other action with respect to the Disclosing Party's Confidential Information inconsistent with the confidential and proprietary nature of such information. The Receiving Party may not use confidential information to leverage or utilize similar services based on received information with Disclosing Party's vendor (s), Notwithstanding clause (i) of this paragraph, the Receiving Party may disclose the Disclosing Party's Confidential Information to the officers, directors, employees, affiliates, consultants, attorneys, accountants, agents or other representatives of the Receiving Party (each a "Representative") who have a need to know such Confidential Information for the sole purpose of assisting the Receiving Party in reviewing and evaluating the Transaction. The Receiving Party shall cause each Representative to comply with the terms of this Agreement and assume full responsibility for any breach of the Agreement caused by a Representative.
