Common use of Proprietary System Clause in Contracts

Proprietary System. The Client acknowledges that the ETS is proprietary to USL. The Client warrants and undertakes that the Client shall not, and shall not attempt to, tamper with, modify, de-compile, reverse engineer or otherwise alter in any way, and shall not attempt to gain unauthorized access to, any part of the ETS. The Client acknowledges that USL may take legal action against the Client, if the Client at any time breaches this warranty and undertaking or if USL at any time reasonably suspects that the Client has breached the same. The Client undertakes to notify USL immediately if the Client becomes aware that any of the actions described above in this clause is being perpetrated by any other person.

Appears in 3 contracts

Samples: Client Agreement for Securities Trading, Client Agreement for Securities Trading, Client Agreement for Securities Trading

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Proprietary System. The Client acknowledges that the ETS is proprietary to USLUSPL. The Client warrants and undertakes that the Client shall not, and shall not attempt to, tamper with, modify, de-compile, reverse engineer engineer, corrupt, interfere or otherwise alter in any way, and shall not attempt to gain unauthorized unauthorised access to, any part of the ETS. The Client acknowledges that USL USPL may take legal action against the Client, if the Client at any time breaches this warranty and undertaking or if USL USPL at any time reasonably suspects that the Client has breached the same. The Client undertakes to notify USL USPL immediately if the Client becomes aware that any of the actions described above in this clause is being perpetrated by any other person.

Appears in 1 contract

Samples: Client Agreement

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