Common use of Derived Data ATP White Label Licence Clause in Contracts

Derived Data ATP White Label Licence. 4.9.1. Subject to the remainder of this section 4.9, the Customer may “white label” Derived Data ATP or related services to third parties (“White Label Clients”) allowing them to rebrand or change the “look and feel” of that Derived Data ATP so that it appears to the End Customers as if it is operated or managed by the White Label Client. 4.9.2. Before white labelling any Derived Data ATP, the Customer must first complete and send to the relevant Exchange (or procure that the White Label Client completes and sends to the relevant Exchange) an Alternative Trading Platform – White Label Licence Application Form available on the website: xxx.xxxxxxxxxxxxxxxxxxx.xxx. The Exchange may at its discretion approve such White Label Client by countersigning the relevant form. The Customer is only permitted to white label Derived Data ATP to White Label Clients approved by the relevant Exchange. 4.9.3. In addition to the fees specified in section 4.8, the Customer shall pay a fixed fee in respect of any Derived Data ATP provided to a White Label Client as specified in: (a) in respect of LSE Data, Schedule B, Section 1.12 (Category 12 – White Label ATP Licence Charge); and