Common use of Nature and Purpose of the Processing; Restrictions on Processing Clause in Contracts

Nature and Purpose of the Processing; Restrictions on Processing. 3.1 Data related to the assessment of the fitness and propriety of Applicants to be approved as Issuers or Members by IPSX and their compliance with the threshold conditions on an ongoing basis and on persons within the Counterparty who have access to IPSX Facilities is stored by IPSX for the purposes of ensuring that access to its facilities is granted only to those Applicants which meet IPSX’s initial and ongoing membership or issuer criteria and in order to protect the orderly functioning of the markets it operates and in the interests of investors.

Appears in 5 contracts

Samples: Admission Agreement, Admission Agreement, Admission Agreement

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