Discretion to Introduce Additional Licence Fees. Subject to clause 5.3, HKEX-IS shall have sole discretion to determine the types of service in relation to which Licence Fees are payable and reserves the right to introduce additional Licence Fees for any types of service, including without limitation services for which no Licence Fees are for the time being payable.
Discretion to Introduce Additional Licence Fees. Subject to clause 5.2 of this Agreement, SEIS shall have sole discretion to determine the different types of service in relation to which Licence Fees are payable and reserves the right to introduce additional Licence Fees for any types of service, including without limitation services for which no Licence Fees are for the time being payable. 4 PORT FEES In addition to the Licence Fees payable pursuant to 1 to 3 above, an annual Port Fee shall be payable as part of the Licence Fees in the sum of HK$24,000 per annum for the 3 connections referred to at clause 3.1 of this Agreement. This assumes that only one of the connections to the Exchange's primary computer system is providing live production data at any one time. If at any time during any Quarter, both connections at the primary system are simultaneously providing the same live production data, an additional Port Fee is payable of HK$70,000 per Quarter. Such additional Port Fee shall not be reduced on a pro rata or any other basis if the provision of live production data is not maintained by both connections throughout the Quarter in question.
