Commercial secret definition

Commercial secret means a regime of information confidentiality enabling its possessor under the existing or the probable conditions to increase revenues, to avoid unjustified outlays, to retain the position on the market of commodities, works and services, or to derive another commercial benefit;
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Commercial secret means technical, technological, commercial or organisational information belonging to the undertaking and not disclosed publicly, the confidentiality of which is protected by the undertaking, except for information that cannot be considered a commercial secret under the laws of the Republic of Lithuania.
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Commercial secret means technical, technological, commercial or organisational information belonging to the undertaking and not disclosed publicly, the confidentiality of which is protected by the undertaking, except for information that cannot be considered a commercial secret under the laws of the Republic of Lithuania. Duty of Public and Local Authorities to Ensure Freedom of Fair Competition 4.—(1) When carrying out the assigned tasks related to the regulation of economic activity within the Republic of Lithuania, public and local authorities shall ensure freedom of fair competition.(2) Public and local authorities shall be prohibited from adopting legal acts or other decisions which grant privileges to or discriminate against any individual undertakings or their groups and which bring about or may bring about differences in the conditions of competition for competitors in the relevant market, except where the difference in the conditions of competition cannot be avoided when the requirements of the laws of the Republic of Lithuania are complied with.
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Examples of Commercial secret in a sentence

  • Commercial secret disclosure implies intentional or unintentional actions carried out by the employees of the economic agent who have access to the information constituting commercial secret, which lead to premature disclosure, usage and uncontrolled dissemination of information.

  • Commercial secret disclosure implies intentional or unintentional actions carried out by civil servants, state officials, employees of the economic agent and other persons who have access to the information constituting commercial secret that has been entrusted or has become known within their service duties or work, which lead to premature disclosure, usage and uncontrolled dissemination of information.

  • The IB bears responsibility for illegal receiving and disclosure of the information classified as Commercial secret.

  • Commercial secret - any information that can be used by other entities, which will cause losses (financial, property, etc.), loss of business reputation, competitive advantages, trust of clients of the Disclosing party.

  • All information considered as Confidential hereunder, has the status of the Commercial secret, the obligation for which protection is assumed by IB.

  • Commercial secret is a kind of special intellectual property rights of many enterprises, it is a magic weapon for winning.

  • Commercial secret often hinders exposure of precise chemical composition necessary for progress.

  • Commercial secret is one of many types of confidential information.

  • Commercial secret as an object of labour relations: Foreign and international experience.


More Definitions of Commercial secret

Commercial secret means non-disclosed technical, technological, commercial, or organisational information belonging to a person who is taking certain measures in order to protect its confidentiality, except information which cannot be deemed a commercial secret in accordance with the laws of the Republic of Lithuania.
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Commercial secret means information which has a genuine or potential commercial value by virtue of the fact that it is not known to third parties and it cannot be freely accessed because of reasonable efforts on the part of the proprietor of that information or any other person to whom it has been entrusted to keep it secret. Information that cannot be considered a commercial (industrial) secret is defined by law.
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Related to Commercial secret

  • Commercial sex act means any sex act on account of which anything of value is given to or received by any person.

  • Commercial Services means any waste management service, relating or connected to accumulating, collecting, managing, recycling, sorting, storing, treating, transporting, disposing, buying or selling of waste or any other manner of handling waste excluding services rendered by the municipality;

  • Commercial Service means water service provided by the water utility that the customer uses in the promotion of a business or business product that is a source of revenue or income to the customer or others using the premises.

  • commercial air transport means an aircraft operation involving the transport of passengers, cargo, or mail for remuneration or hire.

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • Commercial Manager means Top Tanker Management Inc. of Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MN 96960 or any other person appointed bx xxx Xxxxxxxxx xxxx xxx xxxxx written consent of the Agent as commercial manager of the Ship and includes its successors in title;

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Commercial sexual activity means any sex act or sexually explicit performance for which anything of value is given, promised to, or received by any person and includes, but is not limited to, prostitution, participation in the production of pornography, and performance in strip clubs.

  • Information Technology Resources means agency budgetary resources, personnel, equipment, facilities, or services that are primarily used in the management, operation, acquisition, disposition, and transformation, or other activity related to the lifecycle of information technology; acquisitions or interagency agreements that include information technology and the services or equipment provided by such acquisitions or interagency agreements; but does not include grants to third parties which establish or support information technology not operated directly by the Federal Government. (0MB M-15-14)

  • Commercial Mobile Radio Services (CMRS) means Commercial Mobile Radio Service, As Defined in the Act and FCC rules.

  • Commercial Mobile Radio Service or "CMRS" means commercial mobile radio service regulated under section 3 of title I and section 332 of title III of the communications act of 1934, chapter 652, 48 Stat 1064, 47 USC 153 and 332, and the rules of the Federal Communications Commission or provided under the wireless emergency service order. Commercial mobile radio service or CMRS includes all of the following:

  • Department of Information Technology means the New Mexico Department of Information Technology which is responsible for operating the data center and all communications related items.

  • Radiologic technologist, limited means an individual, other than a licensed radiologic technologist,

  • Proprietary medicine means a completely compounded nonprescription drug in its unbroken,

  • Nuclear medicine technologist means an individual who holds a current certification with the American Registry of Radiological Technologists or the Nuclear Medicine Technology Certification Board.

  • University Community means all students and employees of the University, persons officially associated with the University, former students and alumni at the University, as well as invitees, visitors and guests.

  • Commercial Software means Software developed or regularly used that: (i) has been sold, leased, or licensed to the general public; (ii) has been offered for sale, lease, or license to the general public; (iii) has not been offered, sold, leased, or licensed to the public but will be available for commercial sale, lease, or license in time to satisfy the delivery requirements of this Contract; or (iv) satisfies a criterion expressed in (i), (ii), or (iii) above and would require only minor modifications to meet the requirements of this Contract.

  • Commercial domicile means the principal place from which the trade or business of the taxpayer is directed or managed.

  • Commercial Information means information regarding the purchase and sale of goods and services, including, but not limited to, information regarding marketing strategy, production data, assessments of goods and services, mineral exploration records, and compilations of data regarding commercial activity.

  • Commercial driver s license" means:

  • Contact therapy system means a therapeutic radiation machine with a short target to skin distance, usually less than 5 centimeters.

  • Next Michigan development corporation means that term as defined in section 3 of the next Michigan development act, 2010 PA 275, MCL 125.2953.

  • Confidential commercial information means records provided to the govern- ment by a submitter that arguably contain material exempt from release under Exemption 4 of the Freedom of Information Act, 5 U.S.C. 552(b)(4), be- cause disclosure could reasonably be expected to cause substantial competi- tive harm.

  • Pharmaceutical care means the provision of drug therapy and

  • Information technology services means services designed to do any of the following:

  • Commercial computer software means software developed or regularly used for non-governmental purposes which—