Examples of Potential Licensee in a sentence
Xxxxxx retains its entire right, title and interest in and to all Confidential Information, and no disclosure of Confidential Information hereunder will be construed as a license, assignment or other transfer of any such right, title and interest to Potential Licensee or any other person.
If Potential Licensee remains legally compelled to make such disclosure, it shall: (i) only disclose that portion of the Confidential Information that it is required to disclose; and (ii) use reasonable efforts to ensure that such Confidential Information is afforded confidential treatment.
The rights and obligations of the parties under this Agreement expire two (2) years after the Effective Date; provided that with respect to Confidential Information that constitutes a trade secret under the laws of any jurisdiction, such rights and obligations will survive such expiration until, if ever, such Confidential Information loses its trade secret protection other than due to an act or omission of Potential Licensee or its Representatives.
Potential Licensee will be responsible for any breach of this Agreement caused by its Representatives.
If Potential Licensee or any of its Representatives is required by applicable law or a valid legal order to disclose any Confidential Information, Potential Licensee shall promptly notify Xxxxxx of such requirements so that Xxxxxx may seek, at Xxxxxx’x expense, a protective order or other remedy, and Potential Licensee shall reasonably assist Xxxxxx therewith.
Potential Licensee shall continue to be bound by the terms and conditions of this Agreement with respect to such retained Confidential Information.
Potential Licensee shall safeguard the Confidential Information from unauthorized use, access or disclosure using no less than a commercially reasonable degree of care.
Xxxxxx makes no representation or warranty, expressed or implied, as to the accuracy or completeness of the Confidential Information, and will have no liability to Potential Licensee or any other person relating to Potential Licensee’s use of any of the Confidential Information or any errors therein or omissions therefrom.
In connection with the potential license of Xxxxxx’x real property located at _ , California (the “Purpose”), Xxxxxx may disclose Confidential Information (as defined below) to Potential Licensee.
Potential Licensee acknowledges and agrees that any breach of this Agreement will cause injury to Xxxxxx for which money damages would be an inadequate remedy and that, in addition to remedies at law, Xxxxxx is entitled to equitable relief as a remedy for any such breach.