Common use of No Professional Users Clause in Contracts

No Professional Users. Correspondent acknowledges that certain information available via one or more Technology Services cannot be viewed by an individual who is a member of any exchange or the NASD, or of any corporation of which an exchange owns a majority of the capital stock, or of a member firm or member corporation of any exchange or the NASD, or of any corporation, firm or individual engaged in the business of dealing either as a broker or a principal in securities, bills of exchange, acceptances or other forms of commercial paper (collectively, a “Professional User”). Correspondent acknowledges that Correspondent is solely responsible for ensuring that no such individual views that information except in his or her capacity as a public customer. Correspondent represents and warrants that Correspondent will not use or permit any other Professional User to access those features of the Technology Services from which they are prohibited from viewing except in their capacity as public customers.

No Professional Users. Correspondent acknowledges that certain information available via one or more Technology Services cannot be viewed by an individual who is a member of any exchange or the NASDFINRA, or of any corporation of which an exchange owns a majority of the capital stock, or of a member firm or member corporation of any exchange or the NASDFINRA, or of any corporation, firm or individual engaged in the business of dealing either as a broker or a principal in securities, bills of exchange, acceptances or other forms of commercial paper (collectively, a “Professional User”). Correspondent acknowledges that Correspondent is solely responsible for ensuring that no such individual views that information except in his or her capacity as a public customer. Correspondent represents and warrants that Correspondent will not use or permit any other Professional User to access those features of the Technology Services from which they are prohibited from viewing except in their capacity as public customers.