Proper purpose means a purpose that is reasonably related to a person's interest as a shareholder or member of a corporation.

Proper purpose means a purpose reasonably related to the demanding member's interest as a member.

Proper purpose means a purpose reasonably related to the demanding shareholder's interest as a shareholder; and

Examples of Proper purpose in a sentence

The Recipient shall disclose the Discloser’s Confidential Information only to its employees or representatives who: (a) need access to the Confidential Information for the Proper Purpose, and; (b) who have signed confidentiality agreements with the Recipient that protect the Discloser’s Confidential Information at least as broadly and well as this License does.
The Discloser is prepared to release certain Confidential Information (as hereinafter defined) relating to the operations of its methanol plant and business (together the SMC Business) for the purpose of [ purpose why Recipient is receiving information to be inserted] (the Proper Purpose).
The undersigned Shareholder represents and warrants that the request is made for the good faith, proper purpose(s) required by law and stated by Shareholder below (the “Good Faith Proper Purpose”): The Shareholder makes the statement of Good Faith Proper Purpose under oath.
Please describe with reasonable particularity the records Shareholder desires to inspect and indicate how such records are directly connected with Shareholder’s Good Faith Proper Purpose: The Shareholder makes the statement of Good Faith Proper Purpose under oath.
Business Associate shall Access, Use and Disclose Gateway PI only for a Proper Purpose.

More Definitions of Proper purpose

Proper purpose means the preparation and review of any federal, state or local tax filing or governmental report, filing, or application and defending or enforcing rights against third parties or defending or enforcing rights under this Agreement.

Proper purpose means a purpose reasonably related to the demanding shareholder's or director's interest as a shareholder or director; and

Proper purpose means a purpose reasonably related to the demanding member's or director's interest as a member or director.

Proper purpose means any of the following:

Proper purpose means a purpose reasonably related to the demanding member’s interest as a member.

Proper purpose means a purpose that is directly related to the

Proper purpose means a purpose connected with the proper exercise of the rights of a shareholder as shareholder and not, for example, as a litigant in proceedings against the company or as a bidder under a takeover scheme: Cescastle Pty Ltd v Renak Holdings Ltd (1991) 6 ACSR 115 (Cescastle) at 117-118.