Common use of Derived Data Clause in Contracts

Derived Data. “Derived Data” means any data that Collective derives from Patient Data, Administrative Data, or Transaction Data that does not include Subscriber’s Confidential Information or any Patient Data or other personally identifiable information. Subscriber hereby acknowledges and agrees that the Derived Data is owned by, and is the exclusive property of Collective, and that Collective may use, disclose, market, license, distribute, sell, receive remuneration for, create derivative works of, and otherwise commercialize the Derived Data for any legally permissible purpose without restriction.

Derived Data. “Derived Data” means any data that Collective derives from Patient Data, Administrative Data, or Transaction Data that does not include Subscriber’s 's Confidential Information or any Patient Data or other personally identifiable information. Subscriber hereby acknowledges and agrees that the Derived Data is owned by, and is the exclusive property of Collective, and that Collective may use, disclose, market, license, distribute, sell, receive remuneration for, create derivative works of, and otherwise commercialize the Derived Data for any legally permissible purpose without restriction.