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People also ask
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What does collectively known as mean?
adjective [ADJECTIVE noun] Collective actions, situations, or feelings involve or are shared by every member of a group of people.
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Who are the parties in an NDA?
Only one party has confidential information to protect — the disclosing party — and only one party agrees to keep it confidential — the receiving party.
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What does "collectively" mean in legal terms?
: involving all members of a group as distinct from individual members. col·lec·tive·ly adv. Source: Merriam-Webster's Dictionary of Law ©1996.
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What is the difference between NDA and MDA?
In a unilateral NDA, One party promises to keep confidential material belonging to the other party privately. In an MNDA, both parties agree not to reveal the confidential information of the other.
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What is the difference between an NDA and an MNDA?
In a mutual NDA, by contrast, both parties agree not to reveal each other's confidential information. While the unilateral NDA is a one-way street, an MNDA creates a confidential relationship where information is protected by both parties.
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What does collectively as a group mean?
Collective is a word that describes a group of people acting together. A prom might turn into a smashing success through the collective efforts of the student body. The word collective indicates a group, and is often used in opposition to the efforts or will of an individual.
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What does collectively referred to as the parties mean?
Party: or collectively Parties refers to the entities that have entered into this Contract including the Contractor and the City.
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What does collectively referred to as mean?
in a way that refers to all members of a group. rain, snow and hail, collectively known as 'precipitation'
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