Compression. To process a Compression Run, Zero Hash uses Transaction Data provided by the relevant Transaction Platform. If the results of the Compression Run are approved by Zero Hash, it will submit the results of such Compression Run to the relevant Transaction Platform on behalf of its customers. The results of the Compression service do not necessarily constitute termination, novation or replacement of Transactions, may purely be the results of an algorithm devised by Zero Hash, and are not a recommendation by Zero Hash that such Transaction Platform should terminate or replace any particular open Transaction. Implementation of the Compression Run may require regulatory reporting and other processes that are fully managed by the Transaction Platform. Each Transaction Platform will report the results of each Compression Run as may be required by its agreements, rules and procedures.
Appears in 4 contracts
Samples: Services Agreement, Services Agreement, Services Agreement
