End Users. (a) You agree to maintain, and provide to OSI upon request, an accurate log of all End-Users, the scope of Omega/Lynx Trading Data provided to each End-User and the dates on which such data was provided to them. You will base your monthly remittances to OSI on the number of End-Users listed in your log by the 15th business day following the end of the previous month. (b) You will take reasonable steps to ensure that Data provided by OSI through you is used exclusively by the End-User. End-Users are prohibited from redistributing OSI data without the express written consent of OSI. (c) OSI must approve a blank form of your end user agreement prior to its distribution. Additionally you agree to provide OSI with any changes to said agreement 30 days in advance of any changes taking effect contingent on OSI approval. Such Approval shall not be unreasonably withheld or delayed if the said agreement complies with all the requirements contained in this Agreement. (d) OSI reserves the right to an annual Vendor audit, where-in all records regarding the number of End-Users currently subscribed to your service that receive Omega Trading Data, Displayed or Non-Displayed, is made available to OSI within a 90 day window of the commencement of the audit. OSI will inform the Vendor of the commencement period in writing. The Vendor will then have the obligation to deliver any and all applicable materials or records at any time during the 90 day audit period. The Vendor shall make such records available for inspection by duly authorized representatives of OSI (other than competitors of Vendors) upon not less than ninety (90) days notice during ordinary business hours, provided that such inspection shall: (i) be done at the sole cost and expense of OSI; and (ii) not be conducted more frequently than once per year. In addition to the foregoing, OSI and its authorized representatives shall maintain the confidentiality of any information of Vendor in such records.The annual audit may be conducted at any time during a given calendar year after the Effective Date of the Agreement. OSI is not required or obligated to engage in an audit, annually.
Appears in 2 contracts
Samples: Data Vendor Agreement, Data Vendor Agreement
End Users. Omega ATS and or Lynx ATS Trading Data (OSI data, data) comprises all publicly available pre-trade order data and post-trade transaction data generated by trading activity on Omega or Lynx ATS. You shall comply with any limitations imposed by us on the use of Omega Trading Data. All Omega Trading Data is protected by copyright and we reserve all intellectual property rights therein. Post- trade transaction data generated by trading activity on Omega. You shall comply with any limitations imposed by us on the use of OSI Data. All OSI Data is protected by copyright and we reserve all intellectual property rights therein.
(a) You agree to maintain, and provide to OSI upon request, an accurate log of all End-Users, the scope of Omega/Lynx Trading OSI Data provided to each End-User and the dates on which such data was provided to them. You will base your monthly remittances to OSI on the number of End-Users listed in your log by the 15th business calendar day following the end of the previous month.
(b) You will take reasonable steps to ensure that Data provided by OSI through you is used exclusively by the End-User. End-Users are prohibited from redistributing OSI data without the express written consent of OSI.
(c) OSI must approve a blank form of your end user agreement prior to its distribution. Additionally you agree to provide OSI with any changes to said agreement 30 days in advance of any changes taking effect contingent on OSI approval. Such Approval shall not be unreasonably withheld or delayed if the said agreement complies with all the requirements contained in this Agreement.
(d) OSI reserves the right to an annual Vendor audit, where-in all records regarding the number of End-End- Users currently subscribed to your service that receive Omega Trading OSI Data, Displayed or Non-Displayed, is made available to OSI within a 90 day window of the commencement of the audit. OSI will inform the Vendor of the commencement period in writing. The Vendor will then have the obligation to deliver any and all applicable materials or records at any time during the 90 day audit period. The Vendor shall make such records available for inspection by duly authorized representatives of OSI (other than competitors of Vendors) upon not less than ninety (90) days notice during ordinary business hours, provided that such inspection shall: (i) be done at the sole cost and expense of OSI; and (ii) not be conducted more frequently than once per year. In addition to the foregoing, OSI and its authorized representatives shall maintain the confidentiality of any information of Vendor in such records.The annual audit may be conducted at any time during a given calendar year after the Effective Date of the Agreement. OSI is not required or obligated to engage in an audit, annually.
Appears in 1 contract
Samples: Vendor Agreement
End Users. Omega ATS and or Lynx ATS Trading Data (OSI data, data) comprises all publicly available pre-trade order data and post-trade transaction data generated by trading activity on Omega or Lynx ATS. You shall comply with any limitations imposed by us on the use of Omega Trading Data. All Omega Trading Data is protected by copyright and we reserve all intellectual property rights therein. Post- trade transaction data generated by trading activity on Omega. You shall comply with any limitations imposed by us on the use of OSI Data. All OSI Data is protected by copyright and we reserve all intellectual property rights therein.
(a) You agree to maintain, and provide to OSI upon request, an accurate log of all End-Users, the scope of Omega/Lynx Trading OSI Data provided to each End-User and the dates on which such data was provided to them. You will base your monthly remittances to OSI on the number of End-End- Users listed in your log by the 15th business calendar day following the end of the previous month.
(b) You will take reasonable steps to ensure that Data provided by OSI through you is used exclusively by the End-User. End-Users are prohibited from redistributing OSI data without the express written consent of OSI.
(c) OSI must approve a blank form of your end user agreement prior to its distribution. Additionally you agree to provide OSI with any changes to said agreement 30 days in advance of any changes taking effect contingent on OSI approval. Such Approval shall not be unreasonably withheld or delayed if the said agreement complies with all the requirements contained in this Agreement.
(d) OSI reserves the right to an annual Vendor audit, where-in all records regarding the number of End-End- Users currently subscribed to your service that receive Omega Trading OSI Data, Displayed or Non-Displayed, is made available to OSI within a 90 day window of the commencement of the audit. OSI will inform the Vendor of the commencement period in writing. The Vendor will then have the obligation to deliver any and all applicable materials or records at any time during the 90 day audit period. The Vendor shall make such records available for inspection by duly authorized representatives of OSI (other than competitors of Vendors) upon not less than ninety (90) days notice during ordinary business hours, provided that such inspection shall: (i) be done at the sole cost and expense of OSI; and (ii) not be conducted more frequently than once per year. In addition to the foregoing, OSI and its authorized representatives shall maintain the confidentiality of any information of Vendor in such records.The annual audit may be conducted at any time during a given calendar year after the Effective Date of the Agreement. OSI is not required or obligated to engage in an audit, annually.
Appears in 1 contract
Samples: Vendor Agreement
End Users. (a) You agree to maintain, and provide to OSI upon request, an accurate log of all End-Users, the scope of Omega/Lynx Omega Trading Data provided to each End-User and the dates on which such data was provided to them. You will base your monthly remittances to OSI on the number of End-Users listed in your log by the 15th business calendar day following the end of the previous month.
(b) You will take reasonable steps to ensure that Data provided by OSI through you is used exclusively by the End-User. End-Users are prohibited from redistributing OSI data without the express written consent of OSI.
(c) OSI must approve a blank form of your end user agreement prior to its distribution. Additionally you agree to provide OSI with any changes to said agreement 30 days in advance of any changes taking effect contingent on OSI approval. Such Approval shall not be unreasonably withheld or delayed if the said agreement complies with all the requirements contained in this Agreement.
(d) OSI reserves the right to an annual Vendor audit, where-in all records regarding the number of End-Users currently subscribed to your service that receive Omega Trading Data, Displayed or Non-Non- Displayed, is made available to OSI within a 90 day window of the commencement of the audit. OSI will inform the Vendor of the commencement period in writing. The Vendor will then have the obligation to deliver any and all applicable materials or records at any time during the 90 day audit period. The Vendor shall make such records available for inspection by duly authorized representatives of OSI (other than competitors of Vendors) upon not less than ninety (90) days notice during ordinary business hours, provided that such inspection shall: (i) be done at the sole cost and expense of OSI; and (ii) not be conducted more frequently than once per year. In addition to the foregoing, OSI and its authorized representatives shall maintain the confidentiality of any information of Vendor in such records.The annual audit may be conducted at any time during a given calendar year after the Effective Date of the Agreement. OSI is not required or obligated to engage in an audit, annually.
Appears in 1 contract
Samples: Vendor Agreement
End Users. Omega ATS and or Lynx ATS Trading Data (OSI data, data) comprises all publicly available pre-trade order data and post-trade transaction data generated by trading activity on Omega or Lynx ATS. You shall comply with any limitations imposed by us on the use of Omega Trading Data. All Omega Trading Data is protected by copyright and we reserve all intellectual property rights therein. Post- trade transaction data generated by trading activity on Omega. You shall comply with any limitations imposed by us on the use of OSI Data. All OSI Data is protected by copyright and we reserve all intellectual property rights therein.
(a) You agree to maintain, and provide to OSI upon request, an accurate log of all End-Users, the scope of Omega/Lynx Trading OSI Data provided to each End-User and the dates on which such data was provided to them. You will base your monthly remittances to OSI on the number of End-End- Users listed in your log by the 15th business calendar day following the end of the previous month.
(b) You will take reasonable steps to ensure that Data provided by OSI through you is used exclusively by the End-User. End-Users are prohibited from redistributing OSI data without the express written consent of OSI.
(c) OSI must approve a blank form of your end user agreement prior to its distribution. Additionally Additionally, you agree to provide OSI with any changes to said agreement 30 days in advance of any changes taking effect contingent on OSI approval. Such Approval shall not be unreasonably withheld or delayed if the said agreement complies with all the requirements contained in this Agreement.
(d) OSI reserves the right to an annual Vendor audit, where-in all records regarding the number of End-End- Users currently subscribed to your service that receive Omega Trading OSI Data, Displayed or Non-Displayed, is made available to OSI within a 90 90-day window of the commencement of the audit. OSI will inform the Vendor of the commencement period in writing. The Vendor will then have the obligation to deliver any and all applicable materials or records at any time during the 90 90-day audit period. The Vendor shall make such records available for inspection by duly authorized representatives of OSI (other than competitors of Vendors) upon not less than ninety (90) days notice during ordinary business hours, provided that such inspection shall: (i) be done at the sole cost and expense of OSI; and (ii) not be conducted more frequently than once per year. In addition to the foregoing, OSI and its authorized representatives shall maintain the confidentiality of any information of Vendor in such records.The annual audit may be conducted at any time during a given calendar year after the Effective Date of the Agreement. OSI is not required or obligated to engage in an audit, annually.
Appears in 1 contract
Samples: Vendor Agreement