Common use of Obligation to pay fees Clause in Contracts

Obligation to pay fees. 4.1.1. Company shall pay the Fees set out in Appendix B as of the Commencement Date. All Fees are stated exclusive of any applicable value added or other taxes. 4.1.2. The Fees shall be payable by Company regardless of whether the Information is used strictly for Company’s or its Authorized Affiliates’ internal business purposes (Section 2.2), is redistributed to Customers (Section 2.3) or displayed on TV Channels (Section 2.4). The Fees for Real Time Information shall include the use of Delayed Information. 4.1.3. The Base Fee shall be payable by Company once for each period according to Appendix B in which Company’s or any of its Authorized Affiliates’ or Customers’ use of the Information is enabled at least one time during such period or the Information is otherwise used. The Subscription Fee shall be payable by Company for each Subscriber ID assigned by Company or its Authorized Affiliates as determined pursuant to Section 3 (including based on honesty statements, if so agreed pursuant to Section 3.1.5), subject to exemptions from the Subscription Fee as set out in Appendix B. 4.1.4. The redistribution or broadcasting of Derived Data by Company in accordance with Section 2.2.3 and the provision of Information pursuant to Section 2.3.5 and Section 2.5.4 shall not be subject to a separate fee. 4.1.5. Company shall be liable for payment of Fees to be calculated according to this Agreement for the unauthorized use of Real Time Information by any third party which was facilitated by Company or its Recipients as well as for the unauthorized redistribution of Real Time Information by Customers and their Subscribers except if such Customers and Subscribers entered into a Market Data Agreement with the Exchange in accordance with Section 2.3.3(ii). 4.1.6. Company shall be solely responsible for the cost and maintenance of any equipment used, and any fees payable to any third party for the technical access to the Exchange’s database or any hosting services.

Obligation to pay fees. 4.1.1. Company shall pay the Fees set out in Appendix B as of the Commencement Date. All Fees are stated exclusive of any applicable value added or other taxes. 4.1.2. The Fees shall be payable by Company regardless of whether the Information is used strictly for Company’s or its Authorized Affiliates’ internal business purposes (Section 2.2), is redistributed to Customers (Section 2.3) or displayed on TV Channels (Section 2.4). The Fees for Real Time Information shall include the use of Delayed Information. 4.1.3. The Base Fee shall be payable by Company once for each period according to Appendix B in which Company’s or any of its Authorized Affiliates’ or Customers’ use of the Information is enabled at least one time during such period or the Information is otherwise used. The Subscription Fee shall be payable by Company for each Subscriber ID assigned by Company or its Authorized Affiliates as determined pursuant to Section 3 (including based on honesty statements, if so agreed pursuant to Section 3.1.5), subject to exemptions from the Subscription Fee as set out in Appendix B. 4.1.4. The redistribution or broadcasting of Derived Data by Company in accordance with Section 2.2.3 and the provision of Information pursuant to Section 2.3.5 and Section 2.5.4 shall not be subject to a separate fee. 4.1.5. Company shall be liable for payment of Fees to be calculated according to this Agreement for the unauthorized use of Real Time Information by any third party which was facilitated by Company or its Recipients as well as for the unauthorized redistribution of Real Time Information by Customers and their Subscribers except if such Customers and Subscribers entered into a Market Data Agreement with the Exchange in accordance with Section 2.3.3(ii). 4.1.6. Company shall be solely responsible for the cost and maintenance of any equipment used, and any fees payable to any third party for the technical access to the Exchange’s database or any hosting services.Section