Common use of License to Use Systems Clause in Contracts

License to Use Systems. In order to effectuate the terms of this Agreement and to allow each party to perform its duties hereunder, Pershing hereby grants to Broker a nonexclusive, non-transferable, non-assignable limited license for the term of this Agreement to access and use the various account information, trading and order entry systems to which Pershing specifically provides access whether pursuant to the schedules attached hereto or -otherwise ("the Systems"). Said license shall be limited to the use of the most recently updated version of Systems in accordance with the written manuals and procedures provided by Pershing in effect from time to time. Broker shall not, directly or indirectly, modify the features or functionality of, copy or create derivative works using all or any portion, of, peel -semiconductor components, decompile, or otherwise reverse engineer or attempt to reverse engineer or derive source code from the Systems or permit or encourage any third-party to do so.

License to Use Systems. In order to effectuate the terms of this ---------------------- Agreement and to allow each party to perform its duties hereunder, Pershing hereby grants to Broker a nonexclusivenon-exclusive, non-transferable, non-assignable limited license for the term of this Agreement to access and use the various account information, trading and order entry systems to which Pershing specifically provides access whether pursuant to the schedules attached hereto or -otherwise otherwise ("the Systems"). Said license shall be limited to the use of the most recently updated version of Systems in accordance with the written manuals and procedures provided by Pershing in effect from time to time. Broker shall not, directly or indirectly, modify the features or functionality of, copy or create derivative works using all or any portion, portion of, peel -semiconductor semiconductor components, decompile, or otherwise reverse engineer or attempt to reverse engineer or derive source code from the Systems or permit or encourage any third-party to do so.

License to Use Systems. In order to effectuate the terms of this Agreement and to allow each party to perform its duties hereunder, Pershing hereby grants to Broker a nonexclusivenon-exclusive, non-transferable, non-assignable limited license for the term of this Agreement to access and use the various account information, trading and order entry systems to which Pershing specifically provides access whether pursuant to the schedules attached hereto or -otherwise otherwise ("“the Systems"”). Said license shall be limited to the use of the most recently updated version of Systems in accordance with the written manuals and procedures provided by Pershing in effect from time to time. Broker shall not, directly or indirectly, modify the features or functionality of, copy or create derivative works using all or any portion, portion of, peel -semiconductor semiconductor components, decompile, or otherwise reverse engineer or attempt to reverse engineer or derive source code from the Systems or permit or encourage any third-party to do so.