DATA REFRESH FREQUENCY Sample Clauses
The Data Refresh Frequency clause defines how often data must be updated or refreshed within the scope of an agreement. Typically, it specifies a set interval—such as daily, weekly, or monthly—at which the relevant data is to be reviewed and updated to ensure accuracy and timeliness. For example, in a data services contract, this clause might require the provider to update customer records every 24 hours. Its core practical function is to ensure that all parties have access to current and reliable data, thereby reducing the risk of decisions being made based on outdated information.
DATA REFRESH FREQUENCY. Point2 and the Recipients must act to ensure that (a) all sites displaying Licensed Data are updated no less frequently than once in each 24-hour period and (b) upon an update of Licensed Data from Content Provider, neither Point2 nor Recipient shall continue display of any listing or Participant or Subscriber record that is no longer included in the feed of Licensed Data provided through the Data Interface.