Common use of Licence Fees and Payment Clause in Contracts

Licence Fees and Payment. Without prejudice and in addition to its obligations under clause 5, the Licensee shall: (i) maintain accurate records and the location/URL of any Third Party Website that is provided with Third Party Website Services by the Licensee; and (ii) maintain an independent log record and quote meter for the Third Party Website to keep tally of all quotes requested by the Subscribers. Such log records and quote meter records shall be subject to inspection by HKEX-IS in accordance with clause 5.7.

Licence Fees and Payment. Without prejudice and in addition to its obligations under clause 5, the Licensee shall: (i) maintain accurate records and the location/URL of any Third Party Website that is provided with Third Party Website Services by the Licensee; and (ii) maintain an independent log record and quote meter for the Third Party Website to keep tally of all quotes requested by the Subscribers. Such log l og records and quote meter records shall be subject to inspection by HKEX-IS in accordance with clause 5.7.