Need to Know basis definition

Need to Know basis means that Unpublished Price Sensitive Information should be disclosed only to those within the Company who need the information to discharge their duty and whose possession of such information will not give rise to a conflict of interest or appearance of misuse of the information.
Need to Know basis means that UPSI should only be disclosed to, or procured by, such persons who need to share or access the UPSI in furtherance of legitimate purposes, performance of duties or discharge of legal obligations, and whose possession of such UPSI will not give rise to a conflict of interest or amount to the misuse of such UPSI.
Need to Know basis means that the person or entity in possession of UPSI should be disclosed only to those within the Company who need the information to discharge their duty and whose possession of such information will not give rise to a conflict of interest or appearance of misuse of the information.

Examples of Need to Know basis in a sentence

  • Company ensures that all Unpublished Price Sensitive Information is strictly made available on a Need- to- Know basis.

  • Need to Know basis means that unpublished price sensitive information should be disclosed only to those within the Company who need the information to discharge their duty and whose possession of such information will not give rise to a conflict of interest or appearance of misuse of information.

  • Following practices should be followed in this regard: 2.1. Need to Know Price Sensitive Information is to be handled on a "Need to Know" basis, i.e. Price Sensitive Information should be disclosed only to those within the company who need the information to discharge their duty.

  • Examine or read any document or computer record from the Online Registry containing confidential information, except on a "Need to Know" basis; that is, if required to do so in the course of official duties.

  • The Specified Persons who are privy to UPSI, shall handle the same strictly on a "Need to Know' basis.


More Definitions of Need to Know basis

Need to Know basis means the disclosure of Price Sensitive/Confidential Information only to those within the company who need the information in furtherance of legitimate purposes, performance of duties or discharge of legal obligations.
Need to Know basis means the disclosure of Confidential Information only to those within the Company who need the information to discharge their duties.
Need to Know basis means Unpublished Price Sensitive Information should be communicated only to those Designated Persons and/or to such other persons who need the information in furtherance of their legitimate purpose, performance of duties or discharge of their legal obligation and whose possession of such information will not give rise to a conflict of interest or appearance of misuse of the information;
Need to Know basis means sharing of UPSI to persons who need the information to discharge their duty and whose possession of such information will not give rise to a conflict of interest or appearance of misuse of the information.
Need to Know basis means sharing of UPSI shall be strictly as per the provisions of the “Eros’s Code of Practices and Procedures for fair disclosure of UPSI”.
Need to Know basis means sharing of UPSI shall be strictly as per the “Policy for Determination of Legitimate Purposes” as provided under the “Code of Practices & Procedures for Fair Disclosure of Unpublished Price Sensitive Information”.
Need to Know basis means that Unpublished Price Sensitive Information should be disclosed