Common use of Licensed Data Clause in Contracts

Licensed Data. 2.1 For the purposes of the Agreement, Licensed Data shall be as specified in the Order Form and updated as approved in writing by the LME from time to time. 2.2 Where the Licensed Data also contains Third Party Data, the following shall also apply: (a) The Licensee acknowledges the Disclaimer and that the PGM Prices are Third Party Data for the purposes of this Agreement and agrees to abide by these supplementary terms in respect of its use, including but not limited to its distribution, of the PGM Prices. (b) In accordance with the licence to use and/or distribute the PGM Prices as granted under these terms and the LME Market Data Licence General Terms, the Licensee further agrees that it shall ensure that any publication by itself, (including the Licensee’s Personnel), its Recipients of the PGM Prices shall include the Disclaimer. (c) The Licensee shall, at the LME's cost, execute such documents and do such other acts as the LME may reasonably request from time to time for the purpose of assisting LBMA to protect, enforce and defend any rights in or in relation to any of the LBMA Trade Marks.