Unit of Count definition
Examples of Unit of Count in a sentence
Where the user accesses Real-Time Data through Per Quote Requests, the Unit of Count shall be deemed every single data request associated with its respective Access ID Code.
For examples, please see the Unit of Count guides available at CME’s Market Data Policy Education Center ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇/market-data/license-data/market- data-policy-education-center.html.
The Unit of Count is the unit used to measure the level of use of Information to be invoiced to the Customer and that is applied for fee purposes.
Billing is based on the "Number of Viewers" Unit of Count specified below.
For avoidance of doubt, the Unit of Count during the Charge Period and as at the date of the Report for all Subscribers must be included.
Where the usage of the Licensed Data is aimed at feeding price-formation mechanisms for Trading Venues (covered in Special Case No. 5 of Annex 1 of this Agreement), the Unit of Count shall be deemed to be each user having access to the trading of financial instruments at the Trading Venue in which the Licensed Data is used by the price- formation mechanisms.
For the purposes of this Agreement, the Access ID Codes shall be deemed the Unit of Count for all cases except for those referred to in Sections 2 and 3 below.
Real Time Pricing Data shall attract a Charge for each Unit of Count of either the terminal or the wallboard fee as determined in accordance with the table below.
For Other activities, an unlimited usage is offered without billing on an Unit of Count basis.
This Unit of Count will also normally apply where there are no effective Operational Controls over other Units of Count.