Common use of Institution Data Clause in Contracts

Institution Data. As between FHLBank Atlanta and Institution, Institution owns all rights to the data provided solely by Institution for use in connection with the Services, except that Institution hereby grants to FHLBank Atlanta a license to use such data in connection with FHLBank Atlanta’s business activities or as otherwise permitted by law, subject to Section 12. Subject to Section 12, FHLBank Atlanta may retain and use copies of such Institution data after termination of the Agreement for use in connection with the continued administration, management and processing of Institution’s accounts and in connection with any other business activities of FHLBank Atlanta or as otherwise permitted by law. Institution warrants and represents that it has the authority to provide such data to FHLBank Atlanta, and that FHLBank Atlanta’s use of such data will not violate any applicable law or regulation or any third party right. Institution is solely responsible for any errors and inaccuracies in such data, and for reviewing and determining the validity and accuracy of all data and information it receives through the Services. Institution will not, either indirectly or directly, interfere with, corrupt, damage or disrupt, or allow the interference, corruption, damage or disruption of, the Services, the website, or computer networks or software of FHLBank Atlanta or its customers and users.