legally required or compelled definition

legally required or compelled means required or compelled by law or by any court of competent jurisdiction, the rules and regulations of any stock exchange or listing authority on which the securities of the person required or compelled to make an announcement or disclosure are listed, traded or quoted, or by any governmental, official or regulatory body which is lawfully entitled to require an announcement or disclosure, however the requirement or compulsion arises, in all cases based upon written legal advice of the Recipient’s qualified external advisors.