Common use of RECEIPT OF MARKET DATA BY SUBSCRIBER Clause in Contracts

RECEIPT OF MARKET DATA BY SUBSCRIBER. a) The Agreement sets forth the terms and conditions under which Subscriber may use the Market Data. Subscriber acknowledges that, notwithstanding any agreement, each of the Exchanges may, in its discretion, discontinue disseminating Market Data or change or eliminate its own transmission method, speed or signal characteristics. In addition, Subscriber acknowledges and agrees that the Distributor or Exchange reserve the right to disapprove any Subscriber and to terminate any Subscriber’s receipt of Market Data for any reason or no reason, in which event the Exchanges shall so notify Distributor and Distributor shall cease providing Market Data to Subscriber as soon as practicable.

RECEIPT OF MARKET DATA BY SUBSCRIBER. a) a. The Agreement sets forth the terms and conditions under which Subscriber may use the Market Data. Subscriber acknowledges that, notwithstanding any agreement, each of the Exchanges may, in its discretion, discontinue disseminating Market Data or change or eliminate its own transmission method, speed or signal characteristics. In addition, Subscriber acknowledges and agrees that the Distributor Vendor or Exchange reserve the right to disapprove any Subscriber and to terminate any Subscriber’s receipt of Market Data for any reason or no reason, in which event the Exchanges shall so notify Distributor Vendor and Distributor Vendor shall cease providing Market Data to Subscriber as soon as practicable.