2.6 Use of Confidential Information:
The Recipient further covenants, irrevocably, that at all times it shall:
2.6.1 not disclose or distribute or permit to be communicated, verbally or in writing, directly or indirectly, the Confidential Information or any copies of it to any third party at any time except:
a) To its advisors, staff, employees or agents (hereinafter referred to as the “Representatives”) on the terms provided for in Clauses 2.6.2 and 2.6.3 below;
b) As provided for in and permitted by this Agreement.
2.6.2 be responsible for ensuring the security of the Confidential Information and take its commercially reasonable efforts to ensure that none of its Representatives or any other persons to whom Confidential Information has been disclosed, shall use, store, reproduce or copy any of the Confidential Information, other than as may be necessary for the Purpose;
2.6.3 restrict, subject to the terms of this Agreement, disclosure of the Confidential Information to those of its Representatives on a need to know basis for the Purpose and take its commercially reasonable efforts to ensure and procure that those persons observe and comply with the terms and conditions of this Agreement; and
2.6.4 be wholly responsible for any breach by its Representatives of this Agreement.
3. Consent
Any consent of TMLTH requested under this Agreement may be made subject to such terms, conditions and stipulations as may be reasonably required by TMLTH.
4. Indemnity
The Recipient shall indemnify TMLTH and its affiliates for any loss, damages, claims or liabilities (including reasonable costs on an indemnity basis) which TMLTH and/or its affiliates incurred or may incur directly or indirectly in consequence of any breach of this Agreement by the Recipient and/or its Representatives.
5. Severability
Each of the provisions of this Agreement is severable and distinct from the others and if at any time one or more of such provisions is or becomes invalid, void, illegal or unenforceable the remaining provisions hereof shall not in any way be affected or impaired thereby.
6. No Representation
The provision of Confidential Information by TMLTH or its affiliates or any of their advisors, agents, officers or employees shall not constitute any representation, warranty or undertaking (express or implied) that such information is accurate and complete. Neither TMLTH nor its affiliates nor their advisors, agents, officers, employees shall have any liability to the Recipient or any person arising out of or in connection with the Recipient’s use of or reliance on the Confidential Information in relation to the purpose only except for willful misconduct or negligence of TMLTH.
7. Further assurances
The Recipient agrees to sign, execute and do all deeds, schedules, acts, documents and things which may be reasonably be required by TMLTH to carry out effectively the terms of this Agreement.
8. Protective Order
If the Recipient or its Representatives are required by law, regulatory or governmental authorities, or legal actions/proceedings to disclose any Confidential Information, it is agreed that the Recipient will provide TMLTH with prompt written notice of such requirement so that TMLTH may seek an appropriate protective order and/or waive compliance with the provisions of this Agreement. If, failing the entry of a protective order or the receipt of a waiver hereunder, the Recipient or its Representatives are, in the opinion of counsel, compelled to disclose Confidential Information under pain of liability for contempt or other censure or penalty, it may disclose only that portion of such information as is legally required without liability hereunder; provided that the Recipient is compelled to exercise its commercially reasonable efforts to obtain assurance that confidential treatment will be accorded to such information.