Common use of Data Correction Clause in Contracts

Data Correction. If Licensee notifies Enterprise that the Data is unavailable or in some way defective, Enterprise will evaluate the deficiency and, as necessary, use commercially reasonable efforts to promptly correct such defect and repost the Data. If Enterprise identifies a deficiency in any of the Data, Enterprise will evaluate the deficiency and, as necessary, use commercially reasonable efforts to correct the deficiency and give notice to Licensee of such correction. Enterprise’s obligation to evaluate the deficiencies is Enterprise’s sole obligation to Licensee or any third party. As set forth in Section 3.2, Licensee must use its best efforts to promptly retransmit corrected Data to its End Users.

Appears in 8 contracts

Samples: www.freddiemac.com, License and Subscription Agreement, Fannie Mae Loan Performance Data License and Subscription Agreement

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Data Correction. If Licensee notifies Enterprise that the Data is unavailable or in some way defective, Enterprise will evaluate the deficiency and, as necessary, use commercially reasonable efforts to promptly correct such defect and repost the Data. If Enterprise identifies a deficiency in any of the Data, Enterprise will evaluate the deficiency and, as necessary, use commercially reasonable efforts to correct the deficiency and give notice to Licensee of such correction. Enterprise’s obligation to evaluate the deficiencies is Enterprise’s sole obligation to Licensee or any third party. As set forth in Section 3.2, Licensee must use its best efforts to promptly retransmit corrected Data to its End Users.

Appears in 5 contracts

Samples: Data License and Subscription Agreement, Data License and Subscription Agreement, Data License and Subscription Agreement

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