non-circumvention, non-disclosure (NCND) agreement
Definition
Instrument used in early stages of a business transaction arranged by brokers (intermediaries). Its purpose is to ensure that (1) the intermediaries (who brought the buyer and seller together) are not by-passed and (2) the information disclosed during the negotiations is not revealed to any external or unauthorized party.
non-circumvention, non-disclosure (NCND) agreement is in the Agreements & Contracts, Banking, Commerce & Finance, Corporate, Commercial, & General Law and Purchasing & Procurement subjects.
non-circumvention, non-disclosure (NCND) agreement appears in the definition of the following term: NCND agreement
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