Receiving Group definition

Receiving Group means RECEIVING PARTY and its Subsidiaries (including any other Persons when they become Subsidiaries of RECEIVING PARTY), subject to the exception set forth in Section 2.1(a).

Receiving Group has the meaning set forth in Section 6.1.1.

Receiving Group shall have the meaning set forth in Section 7.7(a).

Examples of Receiving Group in a sentence

• The Receiving Group shall take all steps necessary to protect the confidentiality of all Confidential Information of the Disclosing Group.

• The Receiving Group shall not make copies of such Confidential Information orallow copies of such Confidential Information to be made, except in accordance with the terms of this Agreement.

• A member of the Receiving Group is not entitled to rely on the accuracy or completeness of such Confidential Information unless such Confidential Information has been incorporated into a subsequent definitive agreement, in which case the terms thereof shall govern.

• The Receiving Group shall not remove or permit such notices to be removed.

• The Receiving Group shall take appropriate action by instruction oragreement with its Representatives to protect the confidentiality of such Confidential Information and to ensure that each of its Representatives is bound by the obligations specified in this Agreement.

• Any copies of such Confidential Information that are made by the Receiving Group shall include all confidentiality and copyright notices and any other proprietary notices contained in such Confidential Information, and shall display such notices not less prominently than such notices are displayed in such Confidential Information.

• The members of the Disclosing Group do not make any express or implied representations or warranties as to the accuracy or completeness of the Confidential Information of the Disclosing Group and shall not have any liability or responsibility relating to the Confidential Information or for errors or omissions in, or any decisions made by the members of the Receiving Group in reliance on, any such Confidential Information.

• The Parties each acknowledge that such a breach would not be properly compensable by an award of damages and that, in addition to any other available remedies, the Disclosing Party shall be entitledto injunctive relief to prevent the misuse, threatened misuse, disclosure or threatened disclosure of its Confidential Information, and the Receiving Group shall not contest or interfere with any application or proceeding for such injunctive relief.

• The Receiving Group shall provide at least the same level of protection as it affords to its own proprietary information, and, in any event, no less than a reasonable level of protection considering the nature of suchConfidential Information.

• The Receiving Group shall not make any use of Confidential Information of the Disclosing Group, exceptin accordance with the terms of this Agreement, and all such Confidential Information shall be used only for the purpose of the Proposed Transaction.

More Definitions of Receiving Group

Receiving Group has the meaning given to it in Clause 19.1 (Non-disclosure of Confidential Information).

Receiving Group is defined in Clause 13.1 (Non-disclosure of Confidential Information).

Receiving Group is defined in clause 14.1;

Receiving Group means RECEIVING PARTY and its Subsidiaries (including any other Persons when they become Subsidiaries of RECEIVING PARTY), subject to the exception set forth in Section 2.1. As used herein, “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such entity, whether through ownership of voting securities or other interests, by contract or otherwise.

Receiving Group means the Receiving Party and its Affiliates, together with their respective Representatives;

Receiving Group means collectively the Receiving Party, the Receiving Party’s members, and those of their respective Affiliates, directors, officers, employees, agents, contractors, subcontractors, consultants, legal advisors, financiers, members, partners and shareholders, and the co-venturers or Affiliates of either of them, who have a “need to know” in order to facilitate the exercise of rights and performance of obligations of the Receiving Party in this Agreement.