(A) WHEREAS, Abraaj, Loxley, KPN and Toll are to commence discussion and negotiation of the possibility of business opportunity in relation to the Proposed Transaction (as defined below);
(B) WHEREAS, in connection with the Proposed Transaction, the Parties (as defined below) recognise that it may be necessary or desirable to provide each other with certain confidential information;
(C) WHEREAS, each Discloser (as defined below) wishes to ensure that such Confidential Information (as defined below) disclosed to the Recipient (as defined below) in the course of the negotiations regarding the Proposed Transaction remains confidential and is not used by the Recipient for any purpose other than the Permitted Purpose (as defined below); and
(D) WHEREAS, this Agreement sets out the terms upon which each Discloser agrees to provide the Recipient with such ConfidentialInformation.
(A) WHEREAS, Abraaj, Loxley, KPN and Toll are to commence discussion and negotiation of the possibility of business opportunity in relation to the Proposed Transaction (as defined below);
(B) WHEREAS, in connection with the Proposed Transaction, the Parties (as defined below) recognise that it may be necessary or desirable to provide each other with certain confidential information;
(C) WHEREAS, each Discloser (as defined below) wishes to ensure that such Confidential Information (as defined below) disclosed to the Recipient (as defined below) in the course of the negotiations regarding the Proposed Transaction remains confidential and is not used by the Recipient for any purpose other than the Permitted Purpose (as defined below); and
(D) WHEREAS, this Agreement sets out the terms upon which each Discloser agrees to provide the Recipient with such ConfidentialInformation.
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