Common use of Prevention of Unauthorized Use Clause in Contracts

Prevention of Unauthorized Use. Participant agrees that it will comply, and agrees to require any applicable third party to comply, with all reasonable security specifications or requirements of FINRA including, if applicable, the installation of digital certificates for each of Participant’s users, in order to prevent the Service from being improperly accessed, received, used or improperly taken from any of Participant’s, or any applicable third parties, place(s) of business or residence. FINRA shall give Participant prior Notice of any such specifications or requirements. For the purpose of determining compliance with this subsection, at any and all times, any and all individuals designated by FINRA shall have (i) access to the place(s) of business or residence where the Service is accessed, received or used and (ii) the right to observe the access, receipt and use of the Service. Participant acknowledges and agrees that FINRA may use electronic means to verify and ensure Participant’s compliance with the terms of this Agreement including code embedded within the Service.

Appears in 4 contracts

Samples: Finra Transparency Services Participation Agreement, Finra Transparency Services Participation Agreement, Finra Transparency Services Participation Agreement

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