Examples of Owning Party in a sentence
The Confidential Information, and all copies of part or all thereof, shall be and remain the exclusive property of the Owning Party, and the Obligated Party shall acquire only such rights as are expressly set forth in this Agreement and only for as long as such rights are in effect.
In any event, the Obligated Party will use at least the same standard of care as it uses to protect proprietary or confidential information of its own, but no less than reasonable care, to ensure that its employees, consultants and agents do not disclose or make any unauthorized use of the Confidential Information of the Owning Party.
The Non-Owning Party must acquire the prior written consent of the Owning Party to make any improvements.
The Obligated Party may disclose Confidential Information of the Owning Party to the Obligated Party’s Affiliates, collaborators, employees, consultants or agents who reasonably require such access and who are bound by non-use and non-disclosure obligations at least as restrictive as those contained in this Agreement.
The parties will work with one another on a reasonable basis to facilitate any reconfigurations, expansions, or contractions as required to accommodate the business needs of either party subject to the review and approval of the Owning Party.