Common use of Delayed Data and After Midnight Data Clause in Contracts

Delayed Data and After Midnight Data. 5.4.1 The Delayed Data Licence Charges, set forth in Schedule B are always due by the Redistributor and by each entity (including Service Facilitators whose Brand is not solely that of the Redistributor) who allows End Customers to access the Market Data, regardless, among others, the technology used, ‘open’ or ‘closed’ user group environment and regardless who holds the Data Entitlement. 5.4.2 In addition, where Delayed Data is utilised and/or redistributed via internet Websites (‘open’ or ‘closed’ user group), web platforms or similar technology (hereinafter referred to as the “Website”), by the Redistributor and/or by any other entity, they shall pay the licence fee, set forth in Schedule B, for each Website. 5.4.3 Delayed Licence Charges are waived for issuers who redistribute only their own share price via their Website. 5.4.4 The After Midnight Data Licence Charges, set forth in Schedule B are always due by the Redistributor/third party (including Service Facilitators whose Brand is not solely that of the Redistributor) where the Redistributor/third party charges fees for the distribution of data, including a general fee for accessing its services. 5.4.5 After Midnight Data Licence Charges are waived for customers who redistribute After Midnight Data for journalistic purposes.