OTC Market Data definition
Examples of OTC Market Data in a sentence
The provisions of the Definitions section, Proprietary Rights in the OTC Market Data section, and sections or provisions that by their nature should reasonably survive, and any modifications to the provisions of the aforementioned, will survive any termination or expiration of this OTC Market Data Module.
Subscriber agrees that it will not use OTC Market Data in any way to compete with the Distributor or Exchange (or third party content provider) in their respective OTC Market Data businesses, nor use the OTC Market Data in any way so as to assist or allow a third party to compete with the Distributor or Exchange (or third party content provider) in their respective OTC Market Data businesses.
The Distributor and Subscriber acknowledge and agree that each relevant Exchange (or third party content provider) is an intended third party beneficiary to this OTC Market Data Module, and that each relevant Exchange (or third party content provider) may enforce all of the terms hereunder (provided that the rights of the Parties to terminate, rescind or agree any variation or settlement under this OTC Market Data Module are not subject to the consent of any other Person).
Subscriber undertakes, represents and warrants that it is not engaged in the business of distributing OTC Market Data and that, to its knowledge after reasonable inquiry, it is receiving the OTC Market Data as authorized hereunder.
Subscriber may not assign all or any part of this OTC Market Data Module without the prior written consent of the Distributor.
Without prejudice to paragraph (c) in the "Receipt of OTC Market Data by Subscriber" section above, any use of Non-Display Data whatsoever and, if relevant, the number of users must be promptly reported to the Distributor.
By continuing to access, receive or use the OTC Market Data after Distributor or Exchange (or third party content provider) has provided Subscriber with notice of a modification, Subscriber is indicating that Subscriber agrees to be bound by the modified OTC Market Data Module.
Subscriber will make prompt adjustment (including interest thereon at the rate of one and half per-cent (1½%) per month), to compensate the Distributor and Exchange (or third party content provider) if the audit discovers an under-reported use of the OTC Market Data by Subscriber.
Subscriber may terminate this OTC Market Data Module upon ten (10) days' prior electronic or written notice upon such modification or amendment.
Subscriber agrees that the provision of OTC Market Data hereunder is conditional upon Subscriber's strict compliance with the terms of this OTC Market Data Module and that the Distributor or Exchange (or third party content provider) may, with or without notice and with or without cause, forthwith discontinue said service whenever in its judgment there has been any default or breach by Subscriber of the provisions hereof.