By Source Clause Samples

By Source. In the event any claim is brought by any third party against Telerate that relates to, arises out of or is based upon the Source Services or the failure of Source to comply with any law, rule or regulation (including, without limitation, the Investment Advisers Act of 1940 or the Commodity Exchange Act), Telerate shall promptly notify Source, and Source shall defend such claim at Source's expense and under Source's control. Source shall indemnify and hold harmless Telerate against any judgment, liability, loss, cost or damage (including litigation costs and reasonable attorneys' fees) arising from or related to such claim whether or not such claim is successful. Telerate shall have the right, at its expense, to participate in the defense of such claim through counsel of its own choosing; provided, however, that Source shall not be required to pay any settlement amount that it has not approved in advance.

By Source. In the event any claim is brought by third party against MARKET VISION that relates to, arises out of or is based upon the Source Services, the failure of Source to comply with any law, rule or regulation, or the permanent disconnection of the Source Services by Source to any Source Subscriber, MARKET VISION shall promptly notify Source, and Source shall defend such claim at Source's expense and under Source's control. Source shall indemnify and hold harmless MARKET VISION against any judgment, liability, loss, cost or damage (including litigation costs and reasonable attorney's fees) arising from or related to such claim whether or not such claim is successful. MARKET VISION shall have the right, at is expense, to participate in the defense of such claim through counsel of its own choosing; provided, however, that Source shall not be required to pay any settlement amount that is has not approved in advance.

By Source. In the event any claim is brought by a third party against Bloomberg that relates to, arises out of or is based upon the Source Services or the failure of Source to comply with any law, rule or regulation, Bloomberg shall promptly notify Source, and Source shall defend such claim at Source's expense and under Source's control. Source shall indemnify and hold harmless Bloomberg against any judgment, liability, loss, cost or damage (including litigation costs and reasonable attorneys' fees) arising from or related to such claim whether or not such claim is successful. Bloomberg shall have the right, at its expense, to participate in the defense of such claim through counsel of its own choosing; provided, however, that Source shall not be required to pay any settlement amount that it has not approved in advance.

By Source. In the event any claim is brought by any third party against ADP that relates to, arises out of or is based upon the Source Services, the failure of Source to comply with any law, rule or regulation, or the permanent disconnection of the Source Services by Source to any Source Subscriber, ADP shall promptly notify Source, and Source shall defend such claim at Source's expense and under Source's control. Source shall indemnify and hold harmless ADP against any judgment, liability, loss, cost or damage (including litigation costs and reasonable attorneys' fees) arising from or related to such claim whether or not such claim is successful. ADP shall have the right, at its expense, to participate in the defense of such claim through counsel of its own choosing; provided, however, that Source shall not be required to pay any settlement amount that it has not approved in advance.

By Source. In the event any claim is brought by third party against Reuters that relates to, arises out of or is based upon the Source Services or the failure of Source to comply with any law, rule or regulation, Reuters shall promptly notify Source, and Source shall defend such claim at Source's expense and under Source's control. Source shall indemnify and hold harmless Reuters against any judgment, liability, loss, cost or damage (including litigation costs and reasonable attorneys' fees) arising from or related to such claim whether or not such claim is successful. Reuters shall have the right, at its expense, to participate in the defense of such claim through counsel of its own choosing; provided, however, that Source shall not be required to pay any settlement amount that it has not approved in advance.