Common use of Status Changes Clause in Contracts

Status Changes. If Subscriber's status with respect to any of the above statements is affected or changed in any way, Subscriber shall immediately notify SmartCharts in writing of such change. In addition to any other remedies available to SmartCharts, Subscriber shall be liable to SmartCharts and the Data Providers for the difference between any Fees paid by the Subscriber as a Non-Professional Subscriber and the Fees applicable to Professional Subscribers for the same type of Services. Further, Professional Subscribers who identify themselves as Non-Professional Subscribers will have their Customer Account cancelled by SmartCharts and risk further action by appropriate regulators and exchanges, including professional exchange fee penalties.

Appears in 4 contracts

Samples: Terms of Business and End User License Agreement, Terms of Business and End User License Agreement, Terms of Business and End User License Agreement

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