premise: If the confidential information so disclosed is used by the SP for any purpose other than that for which its use is authorised in terms of this agreement or is disclosed or disseminated by the SP to another person or entity which is not a party to this agreement, this may cause FP to suffer damages and material financial loss. 2.4  The Parties have agreed to enter into this confidentiality and non-disclosure agreement, in the absence of which neither party would have disclosed any of its confidential information to the other. 3. USE OF CONFIDENTIAL INFORMATION Any confidential information disclosed by a FP shall be received and used by the SP only for the limited purpose described in 2.1 above and for no other purpose.