Common use of Third Party Data License Clause in Contracts

Third Party Data License. The Software includes access to various confidential and proprietary Third Party Data that is utilized along with the Service as a comparative data source in processing the Subscriber Data and generating various reports and reporting data. This information is compiled from third party sources, including but not limited to, public records, user submissions, and other commercially available data sources. These sources may not be accurate or complete, or up-to-date and is subject to ongoing and continual change without notice. Neither Prevalent nor its Third Party Data sources make any representations or warranties regarding the data and assume no responsibility, for the accuracy, completeness, or currency of the data, or any decisions Subscriber makes based in whole or part on this data or information. This data and information is not a substitute for Subscriber’s own judgment, professional advice, or the need to seek additional input and research before making any decisions and should NOT be used alone to make decisions. Subscriber shall use Third Party Data solely in connection with present or prospective credit, security, financial or risk management decisions regarding the business vendors to which the Subscriber inquiry relates. Moreover, Subscriber acknowledges that the Third Party Data: (i) will not be used in determining personal, family or household eligibility for obtaining credit or insurance; ii) nor shall it be used for employment purposes (but may be used when evaluating an individual as an independent consultant vendor); nor iii) for any other purpose governed by the Fair Credit Reporting Act. Subscribers will abide by all applicable laws as a condition for continued use of their Third Party Data. Third Party Data providers of Prevalent are shall be deemed to be 3rd party beneficiaries of this Agreement, solely with regard to their Third Party Data. Prevalent further represents they will use reasonable commercial efforts to: (i) help ensure the appropriateness of the Third Party Data before it is selected for use with the Service; (ii) to promptly remove Third Party Data from the Service that is identified as inaccurate data; and (iii) promptly advise Subscriber of known or suspected problems and/or concerns with Third Party Data.

Third Party Data License. The Software includes access to various confidential and proprietary Third Party Data that is utilized along with the Service as a comparative data source in processing the Subscriber Data and generating various reports and reporting data. This information is compiled from third party sources, including but not limited to, public records, user submissions, and other commercially available data sources. These sources may not be accurate or complete, or up-to-date and is subject to ongoing and continual change without notice. Neither Prevalent nor its Third Party Data sources make any representations or warranties regarding the data and assume no responsibility, for the accuracy, completeness, or currency of the data, or any decisions Subscriber makes based in whole or part on this data or information. This data and information is not a substitute for Subscriber’s own judgment, professional advice, or the need to seek additional input and research before making any decisions and should NOT be used alone to make decisions. Subscriber shall use Third Party Data solely in connection with present or prospective credit, security, financial or risk management decisions regarding the business vendors to which the Subscriber inquiry relates. Moreover, Subscriber acknowledges that the Third Party Data: (i) will not be used in determining personal, family or household eligibility for obtaining credit or insurance; ii) nor shall it be used for employment purposes (but may be used when evaluating an individual as an independent consultant vendor); nor iii) for any other purpose governed by the Fair Credit Reporting Act. Subscribers will abide by all applicable laws as a condition for continued use of their Third Party Data. Third Party Data providers of Prevalent are shall be deemed to be 3rd party beneficiaries of this Agreement, solely with regard to their Third Party DataPartyData. Prevalent further represents they will use reasonable commercial efforts to: (i) help ensure the appropriateness of the Third Party Data before it is selected for use with the Service; (ii) to promptly remove Third Party Data from the Service that is identified as inaccurate data; and (iii) promptly advise Subscriber of known or suspected problems and/or concerns with Third Party Data.