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.

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Legitimate Purpose means Sharing of unpublished price sensitive information in the course of business by an insider with partners, collaborators, lenders, customers, suppliers, merchant bankers, legal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] 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.
The licence granted in this Clause 3.2 includes the right to grant sub-licences (where sub-licenses are required for the operation of the System and/or the Database in line with the Legitimate Purpose).

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;

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.

Legitimate Purpose means communicating, providing, sharing or allowing access to UPSI in the ordinary course of business or on a need-to-know basis, when transacting the business of the company in pursuance of its objectives or in pursuit of its interest. It should be satisfied that accessing UPSI shall be relevant to the purported transaction.

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 or special course of business by an insider in performance of his/her respective obligations/duties with legal and tax advisors, partners, collaborators, lenders, customers, suppliers, merchant bankers, auditors, insolvency professionals, registered Valuers or any other advisors or consultants, subject to the condition that such sharing has not been carried out to evade or circumvent the prohibitions of PIT regulations.