Common use of COMPUTER SYSTEMS AND CLIENT DATA Clause in Contracts

COMPUTER SYSTEMS AND CLIENT DATA. 13.1 Equipment and software required at premises The Licensee will be responsible to provide at its expense all equipment and software at its premises which it needs to carry out its obligations under this agreement and to receive Client Data from and generally communicate with TPP so as to enable TPP to perform its obligations under this agreement. 13.2 System to interface with nominated computer system TPP will take all reasonable steps to ensure that the Macquarie Online Trading Platform will operate with each computer system that is specified in Schedule 4. For the avoidance of doubt, TPP may in its absolute discretion decline a request made by the Licensee to specify a computer system as being suitable for inclusion in Schedule 4. Client Data 13.3 All Client Data is the property of TPP and Macquarie. TPP will provide an up-to-date copy of the Client Data to the Licensee in accordance with this agreement or as otherwise agreed between the parties. TPP may only use the Client Data to: (a) comply with its obligations under this agreement; (b) comply with its regulatory obligations including regulatory requirements required by ASX, the Australian Securities and Investments Commission, AUSTRAC and other bodies that may have jurisdiction over the activities TPP undertakes pursuant to this agreement; (c) keep records as required by law, regulations, industry practice and company policies approved by TPP acting reasonably; and (d) as otherwise agreed or consented to the Client in the Terms and Conditions.

Appears in 2 contracts

Sources: Information, Trading & Settlement Services Agreement, Information, Trading & Settlement Services Agreement

COMPUTER SYSTEMS AND CLIENT DATA. 13.1 Equipment and software required at premises The Licensee will be responsible to provide at its expense all equipment and software at its premises which it needs to carry out its obligations under this agreement and to receive Client Data from and generally communicate with TPP so as to enable TPP to perform its obligations under this agreement. 13.2 System to interface with nominated computer system TPP will take all reasonable steps to ensure that the Macquarie Online Trading Platform will operate with each computer system that is specified in Schedule 4. For the avoidance of doubt, TPP may in its absolute discretion decline a request made by the Licensee to specify a computer system as being suitable for inclusion in Schedule 4. Client Data 13.3 All Client Data is the property of TPP and MacquarieMBL. TPP will provide an up-to-date copy of the Client Data to the Licensee in accordance with this agreement or as otherwise agreed between the parties. TPP may only use the Client Data to: (a) comply with its obligations under this agreement; (b) comply with its regulatory obligations including regulatory requirements required by ASX, the Australian Securities and Investments Commission, AUSTRAC and other bodies that may have jurisdiction over the activities TPP undertakes pursuant to this agreement; (c) keep records as required by law, regulations, industry practice and company policies approved by TPP acting reasonably; and (d) as otherwise agreed or consented to the Client in the Terms and Conditions.

Appears in 1 contract

Sources: Information, Trading & Settlement Services Agreement