Permitted Purpose definition

Permitted Purpose means any activity or process to be undertaken or supervised by a Staff member of one Party during the term of this Agreement, for which purpose authorised disclosure of the other Party’s Confidential Information or Intellectual Property is a prerequisite in order to enable such activity or process to be accomplished;
Permitted Purpose means [subject to the terms of this letter, passing on information to a prospective purchaser for the purpose of]2 considering and evaluating whether to enter into the Acquisition; and
Permitted Purpose means proper fulfilment by the FXCCM of its duties under the ForexClear DMP Annex and includes, after the completion of the Auction, the use by the FXCCM its associated companies and advisers (to be determined by it at its discretion) of any data or documents related to portfolios successfully won through the Auction, for the purposes of its own ongoing portfolio management and to enable it to comply with ongoing legal or regulatory requirements.

Examples of Permitted Purpose in a sentence

  • Notwithstanding the provisions of clause 5.1 and except where TransUnion terminates this Agreement pursuant to clause 12.4, TransUnion grants to the Client a perpetual licence to use the Output (or any part thereof) in respect of the Consultancy Services (Scorecard) with effect from the Agreement Effective Date for the Permitted Purpose and the purposes set out in paragraph 4.17 (as applicable).

  • Except as otherwise provided in this Agreement, the Confidential Information will remain the exclusive property of the Inventor and will only be used by the Evaluator for the Permitted Purpose.

  • The Parties must make every reasonable effort to ensure that only its Personnel that have a need to know any Confidential Information for the Permitted Purpose are permitted to access and use the other Party’s Confidential Information and its Personnel are aware of and comply with the obligations of confidentiality in this clause 32.

  • For the avoidance of doubt, the Output and the results of the Client’s internal evaluation shall not be used by the Client for any live decisioning in relation to the Ongoing Service Permitted Purpose.

  • The Disclosee of Confidential Information must return or destroy (at the Discloser's discretion) all Confidential Information and material containing Confidential Information when it is no longer required by the Disclosee for the Permitted Purpose or when otherwise directed by the Discloser, subject to any record keeping requirements at law.


More Definitions of Permitted Purpose

Permitted Purpose means the purpose of all or any of the following:
Permitted Purpose means the use of the Confidential Information to perform the Services.
Permitted Purpose means proper fulfillment by the FCM Clearing Member of its duties under the Rates Service DMP Annex and includes, after the completion of the Auction, the use by the FCM Clearing Member, its associated companies and advisers (to be determined by it at its discretion) of any data or documents related to portfolios successfully won through the Auction, for the purposes of its own on-going portfolio management and to enable it to comply with on-going legal or regulatory requirements.
Permitted Purpose has the meaning given to such term in the Service Order.
Permitted Purpose means any activity or process to be undertaken or supervised by a Staff member of one Party during the term of the Agreement, for which purpose authorised disclosure of the other Party’s Confidential Information or Intellectual Property is a prerequisite in order to enable such activity or process to be accomplished;
Permitted Purpose means considering and evaluating whether to enter into the Facility.