Common use of TERMINATION OF SUBSCRIBERS Clause in Contracts

TERMINATION OF SUBSCRIBERS. The Authorized Vendor shall, at ICE Data's request, immediately cease to supply any Pricing Data to any Sub Vendor or Subscriber identified by ICE Data in any of the following circumstances: 9.1.1 if the Sub Vendor or Subscriber is in breach of the Pricing Data Policy; or 9.1.2 if the Sub Vendor or Subscriber on-supplies any of the Pricing Data to any Person without ICE Data's prior written consent; or 9.1.3 if ICE Data reasonably considers that any unreasonable delay, interruption or distortion in the re-supply by such Sub Vendor or Subscriber, however made, of Pricing Data or any other action or inaction by that Sub Vendor or Subscriber is or might be causing damage to ICE Data's, ICE's, an ICE Exchange Entity’s or an Exchange's reputation, and that Sub Vendor or Subscriber has failed to remedy the same within ten (10) days of service of a written notice from ICE Data specifying the matter(s) complained of (provided that ICE Data shall not be required to provide a remedy period in relation to any repeated occurrence of such matter(s)); or 9.1.4 if that Sub Vendor or Subscriber makes any arrangement or composition with its creditors or a bankruptcy petition is presented or if a receiving order is made against it or, being a company, an order is made or a resolution is passed for its winding up, or it has a receiver, administrator or administrative receiver appointed over the whole or any part of its assets or undertaking, or circumstances arise which entitle the Court or a creditor to appoint a receiver or manager, or which entitle the Court to make a winding up, liquidation or administration order, or if it takes or suffers any similar or analogous action in consequence of debt in any part of the world other than for its solvent reorganization; or 9.1.5 that Sub Vendor or Subscriber does anything which, in ICE Data's reasonable opinion, adversely affects the bona fide business or interests of ICE Data, ICE, an ICE Exchange Entity or an Exchange.

Appears in 2 contracts

Samples: Vendor Agreement, Vendor Agreement

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TERMINATION OF SUBSCRIBERS. The Authorized Vendor Distributor shall, at ICE Data's request, immediately cease to supply any Pricing Data to any Sub Vendor or Subscriber identified by ICE Data in any of the following circumstances: 9.1.1 7.1.1 if the Sub Vendor or Subscriber is in breach of the Pricing Data Policy; or 9.1.2 7.1.2 if the Sub Vendor or Subscriber on-supplies any of the Pricing Data to any Person person without ICE Data's prior written consent; or 9.1.3 7.1.3 if ICE Data reasonably considers that any unreasonable delay, interruption or distortion in the re-supply by such Sub Vendor or Subscriber, however made, of Pricing Data or any other action or inaction by that Sub Vendor or Subscriber is causing or might be causing may cause damage to ICE Data's, ICE's, an ICE Exchange Entity’s or an Exchange's reputation, and that Sub Vendor or Subscriber has failed to remedy the same within ten (10) 10 days of service of a written notice from ICE Data specifying the matter(s) complained of (provided that ICE Data shall not be required to provide a remedy period in relation to any repeated occurrence of such matter(s)matter); or 9.1.4 7.1.4 if that Sub Vendor or Subscriber makes any arrangement or composition with its creditors or a bankruptcy petition is presented or if a receiving order is made against it or, being a company, an order is made or a resolution is passed for its winding up, or it has a receiver, administrator or administrative receiver appointed over the whole or any part of its assets or undertaking, or circumstances arise which entitle the Court any court or a creditor to appoint a receiver or manager, or which entitle the Court any court to make a winding up, liquidation or administration order, or if it takes or suffers any similar or analogous action in consequence of debt in any part of the world other than for its solvent reorganizationreorganisation; or 9.1.5 7.1.5 that Sub Vendor or Subscriber does anything any thing which, in ICE Data's reasonable opinion, adversely affects the bona fide business or interests of ICE Data, ICE, an ICE Exchange Entity or an Exchange.

Appears in 1 contract

Samples: Internal Distribution Market Data Agreement

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TERMINATION OF SUBSCRIBERS. The Authorized Vendor shall, at ICE Data's request, immediately cease to supply any Pricing Data to any Sub Vendor or Subscriber identified by ICE Data in any of the following circumstances: 9.1.1 if the Sub Vendor or Subscriber is in breach of the Pricing Data Policy; or 9.1.2 if the Sub Vendor or Subscriber on-supplies any of the Pricing Data to any Person person without ICE Data's prior written consent; or 9.1.3 if ICE Data reasonably considers that any unreasonable delay, interruption or distortion in the re-supply by such Sub Vendor or Subscriber, however made, of Pricing Data or any other action or inaction by that Sub Vendor or Subscriber is or might be causing damage to ICE Data's, ICE's, an ICE Exchange Entity’s ’s, ICE Benchmark Administration or an Exchange's reputation, and that Sub Vendor or Subscriber has failed to remedy the same within ten (10) 10 days of service of a written notice from ICE Data specifying the matter(s) complained of (provided that ICE Data shall not be required to provide a remedy period in relation to any repeated occurrence of such matter(s))matter; or 9.1.4 if that Sub Vendor or Subscriber makes any arrangement or composition with its creditors or a bankruptcy petition is presented or if a receiving order is made against it or, being a company, an order is made or a resolution is passed for its winding up, or it has a receiver, administrator or administrative receiver appointed over the whole or any part of its assets or undertaking, or circumstances arise which entitle the Court or a creditor to appoint a receiver or manager, or which entitle the Court to make a winding up, liquidation or administration order, or if it takes or suffers any similar or analogous action in consequence of debt in any part of the world other than for its solvent reorganizationreorganisation; or 9.1.5 that Sub Vendor or Subscriber does anything which, in ICE Data's reasonable opinion, adversely affects the bona fide business or interests of ICE Data, ICE, an ICE Exchange Entity Entity, ICE Benchmark Administration or an Exchange.

Appears in 1 contract

Samples: Vendor Agreement

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