Examples of Stated Purpose in a sentence
Except as set forth in this agreement, neither party shall have any liability or obligation of any nature whatsoever to the other party including, but not limited to, an obligation to enter into an agreement that extends beyond the Stated Purpose.
Upon completion of the Stated Purpose or termination of the Stated Purpose, at the written request of the Disclosing Party, Recipient shall promptly deliver to the Disclosing Party all Confidential Information of the Disclosing Party, in whatever medium, including any and all copies thereof, and shall cause all summaries or synopses thereof to be either delivered to the Disclosing Party or destroyed and shall certify to such destruction.
A Party may only disclose Confidential Information to its employees in connection with the Stated Purpose and on a need-to-know basis.
Recipient does not/shall not acquire any intellectual property rights under this Agreement, or in connection with the Stated Purpose, except the limited right to use the Confidential Information to carry out the Stated Purpose as described in section 2 above.
This Agreement requires none of the Parties to proceed with any proposed transaction or relationship beyond the Stated Purpose.