Confidential Parties definition
Examples of Confidential Parties in a sentence
Confidential Parties shall be obligated by Legal Requirements, professional rules of conduct or a legally binding obligation to maintain the confidentiality of such Confidential Information.
Each party shall maintain the confidentiality --------------- of all documents or other information or data of the other party, whether written or oral, and furnished to such party, its employees, agents, lenders, accountants, representatives, advisors or consultants ("Confidential Parties") in the course of the negotiation of this Agreement or in connection with the transactions contemplated by this Agreement (the "Information").
Each party will hold and use all reasonable efforts to cause its respective Confidential Parties to hold in strict confidence all of the Information, and will not, without the prior written consent of the other party, (i) use the Information for any purpose other than in connection with the transactions contemplated by this Agreement or in any proceeding, litigation or arbitration in respect thereof; or (ii) release or disclose any Information to any other person, except to such foregoing persons.
In addition, each Member acknowledges that (i) the Confidential Parties have invested, and continues to invest, substantial time, expense, and specialized knowledge in developing its Confidential Information, (ii) the Confidential Information provides the Company with a competitive advantage over others in the marketplace, and (iii) the Confidential Parties would be irreparably harmed if the Confidential Information were disclosed to competitors or made available to the public.
Each party will hold and use all reasonable efforts to cause its respective Confidential Parties to hold in strict confidence all of the Information, and will not, without the prior written consent of the other party, (i) use the Information for any purpose other than in connection with the transactions contemplated by this Agreement or in any proceeding, litigation or arbitration in respect thereof; or (ii) release or disclose any Information to any other person, except to such Confidential Parties.
The Seller Confidential Parties shall, subject to Applicable Laws, keep such Confidential Information confidential, and such Confidential Information shall not, without the prior written consent of Buyer, be disclosed by it to any Person.
In no event will Confidential Parties disclose more than that portion of the Information that is legally required, and the Confidential Parties shall cooperate with EXAM, at EXAM’s expense, in its effort to obtain a protective order or other assurance that the Information will not be disclosed, or, if it is disclosed, will be disclosed in such a manner as to limit to the greatest extent possible the number of persons who are granted access to the Information.
Permira further acknowledges, and will advise its Confidential Parties, that it must act in relation to the Permitted Purpose in compliance with the prohibition on market abuse contained in UK MAR and in particular in relation to insider dealing (Article 8), the unlawful disclosure of inside information (Article 10), market manipulation (Article 12), inside information (Article 17) and insider lists (Article 18).
Also, the Onstream Confidential Parties may disclose and file Exhibit A with the United States Patent and Trademark Office.
In no event will Confidential Parties disclose more than that portion of the Information that is legally required, and the Confidential Parties shall cooperate with ExamWorks, at ExamWorks’ expense, in its effort to obtain a protective order or other assurance that the Information will not be disclosed, or, if it is disclosed, will be disclosed in such a manner as to limit to the greatest extent possible the number of persons who are granted access to the Information.