Legitimate Purpose definition

Legitimate Purpose means sharing of UPSI in the ordinary course of business or on a need-to-know basis. The Company may share the UPSI if required in the interest of the Company.
Legitimate Purpose means Sharing of unpublished price sensitive information in the course of business by an insider with partners, collaborators, lenders, customers, suppliers, merchant bankers, legal advisors, auditors, insolvency professionals, other advisors or consultants provided that such sharing has not been carried out to evade or circumvent the prohibitions of the Regulations.
Legitimate Purpose means and includes sharing of UPSI with any internal / external stakeholders in the course of business and as further set out in the Code;

Examples of Legitimate Purpose in a sentence

  • Legitimate Purpose Declaration: -The Customer declares all transactions on BIT24HR are for legitimate trading, investment, or personal use, and not for any unlawful activities.

  • Invoices shall be sent to the following address and contact person: [Company name] [Address] [Name] CONFIDENTIALITY The CRO shall not, without the written consent of the Company during the continuance of this Agreement, or at any time thereafter, except for the Legitimate Purpose, disclose or divulge to any person, institution, firm or corporation, any Confidential Information.

  • The CRO shall restrict access to Confidential Information of the Company only to the CRO’s employees required by their duties to have knowledge thereof or otherwise having a need to have knowledge of such information for the Legitimate Purpose, which persons shall be entitled to use and disclose such Confidential Information, but only to the same extent as the CRO is permitted to do under this Agreement.


More Definitions of Legitimate Purpose

Legitimate Purpose means sharing of UPSI in the ordinary course of business by an Insider with the following, provided that such sharing has not been carried out to evade or circumvent the prohibitions of these regulations:
Legitimate Purpose means sharing of UPSI in the ordinary course of business or on a need-to know basis. The Company may share the UPSI if required in the interest of the Company. Legitimate Purpose shall interalia include sharing of UPSI on need to know basis by an insider with partners, collaborators, lenders, customers, suppliers, merchant bankers, legal advisors, auditors, insolvency professionals or other advisors or consultants, provided that such sharing has not been carried out to evade or circumvent the prohibitions of the Regulations. (Regulation 3(2A) and 3(2B)).
Legitimate Purpose means use for research and experimental purposes which do not include ingestion by, injection into, administration or application to human subjects, or animals except in accordance with approved ethical research protocols and all relevant local and international laws, regulations, standards and rules; (ii) all liability to the Customer in contract for consequential or indirect damages including, without limitation, lost profits and damages suffered as a result of claims by any third person;(iii) all liability to the Customer in connection with the Customer's use of GroPep's intellectual property rights; and(iv) all liability to the Customer in negligence for acts or omissions of GroPep and its employees, agents and contractors arising out of and in connection with these Conditions.(d) GroPep's liability to the Customer for breach of any express provision of these Conditions or any Non Excludable Condition is limited at GroPep's option to one of supplying, replacing or repairing the goods or supplying again those services in respect of which the breach occurred.(e) On written request by the Customer, GroPep will refund any amount paid by the Customer for
Legitimate Purpose means sharing of UPSI in the ordinary course of business or on a need-to-know basis.
Legitimate Purpose means sharing of UPSI in the ordinary course of business or on a need-to-know basis. The Bank shall share the UPSI if required in the interest of the Bank.
Legitimate Purpose means sharing of information in the ordinary course of business by an insider with promoters, promotor group, employees, partners, collaborators, lenders, customers, suppliers, merchant bankers, legal advisors, auditors, insolvency professionals or other advisors or consultants or any other intermediary or fiduciary, provided such sharing has not been carried out to evade or circumvent the prohibitions of SEBI (Prohibition of Insider Trading) Regulations, 2015. Explanation: For the purposes of this Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information, the term 'intermediary' refers to the persons specified under Section 12 of the Securities and Exchange Board of India Act, 1992 and the term 'fiduciary' refers to the professional firms such as, auditors, accountancy firms, law firms, analysts, insolvency professional entities, consultants, banks, etc. assisting or advising the Company.
Legitimate Purpose means sharing of UPSI in the ordinary course of business by an Insider with the partners, collaborators, lenders, customers, suppliers, merchant bankers, legal advisors, auditors, insolvency professionals or other advisors or consultants, or any other persons provided that such sharing has not been carried out to evade or circumvent the prohibitions of these regulations. Legitimate purpose shall include following –