Definitions of receiving party
a person or institution that takes delivery of something, especially something official or important such as confidential information or important documents
The "Disclosing Party" is the person disclosing secrets, and the "Receiving Party" is the person or company who receives the confidential information.
the person whose legal costs will be paid by the other side at the end of a court hearing
(1) If the paying party and the receiving party agree the amount of costs, either party may apply for a costs certificate (either interim or final) in the amount agreed.