Common use of Transmission of Information Clause in Contracts

Transmission of Information. 3.1 During the currency of the licence, HKEX-IS will procure the supply of the Information to the Licensee in the form of electronic signals generated by the computer information system for the time being used by the Exchanges. The Licensee shall effect such Direct Connections in such a way as permitted and in accordance with the relevant Transmission Specifications and shall bear the connection and maintenance costs (including without limitation any other connection and/or maintenance charges levied by HKEX-IS as specified in Schedule 3 and/or any Contract Element). The connection equipment and communication lines 3.2 The Information shall initially be supplied in accordance with the Transmission Specifications of the relevant Datafeed, which may be changed at any time upon HKEX-IS giving the Licensee not less than 30 days' written notice thereof. Notwithstanding the above, HKEX-IS shall have the right to alter the method of transmission without prior notice to the Licensee if required to do so by reasons outside its control. Where the Licensee is required to make modifications to its equipment (including any computer systems of the Licensee used to connect to HKEX-IS) in order to accommodate a change to the Transmission Specifications, the Licensee shall effect the modification within the 30 day notice period at its own cost. In addition: 3.2.1 HKEX-IS shall not be responsible for making the Information available to the Licensee unless the Licensee has, either itself or through its subcontractors, installed and maintained the requisite communication links and other equipment used for a Direct Connection. The Licensee should, to the satisfaction of HKEX-IS, conduct and complete such testing and rehearsal, as may be prescribed by HKEX-IS from time to time, of the Licensee's equipment and connections; 3.2.2 The Licensee warrants and represents that, prior to the signing of this Agreement, the Licensee has completed all testing and rehearsal on the Licensee's equipment and the Direct Connection, as required by HKEX-IS; 3.2.3 During the currency of the licence, the Licensee shall ensure that the Direct Connection and the Licensee's systems which are connected to HKEX-IS’s computer information systems will conform to the relevant Transmission Specifications and that the Licensee’s systems will be adequately configured to support the required loading and activities, as specified by the HKEX-IS from time to time; and 3.2.4 The Licensee shall further ensure that the Licensee's systems which are connected to HKEX-IS's computer information systems meet the specifications of HKEX-IS and achieve reasonable performance and reliability. 3.3 HKEX-IS shall use its best endeavours to ensure that the Information is in all material respects, accurate, complete and provided to the Licensee on a continuous basis during service hours as specified in the Transmission Specifications, provided that HKEX-IS shall not be obliged to procure the supply of Third Party Content nor shall it ensure the accuracy, timeliness, reliability and completeness of any Third Party Content.

Appears in 2 contracts

Samples: Market Data End User Licence Agreement, Market Data End User Licence Agreement

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Transmission of Information. 3.1 During the currency of the licence, HKEX-IS (CHINA) will procure the supply of the Information to the Licensee in the form of electronic signals generated by the computer information system for the time being used by the Exchanges. The Licensee shall effect such Direct Connections in such a way as permitted and in accordance with the relevant Transmission Specifications and shall bear the connection and maintenance costs (including without limitation any other connection and/or maintenance charges levied by HKEX-IS (CHINA) as specified in Schedule 3 and/or any Contract Element). The connection equipment and communication lineslines to be installed on the premises of HKEX-IS (CHINA) or any member of the HKEX Group must be approved in advance by HKEX-IS (CHINA). 3.2 The Information shall initially be supplied in accordance with the Transmission Specifications of the relevant Datafeed, which may be changed at any time upon HKEX-IS (CHINA) giving the Licensee not less than 30 days' written notice thereof. Notwithstanding the above, HKEX-IS (CHINA) shall have the right to alter the method of transmission without prior notice to the Licensee if required to do so by reasons outside its control. Where the Licensee is required to make modifications to its equipment (including any computer systems of the Licensee used to connect to HKEX-ISIS (CHINA)) in order to accommodate a change to the Transmission Specifications, the Licensee shall effect the modification within the 30 day notice period at its own cost. In addition: 3.2.1 HKEX-IS (CHINA) shall not be responsible for making the Information available to the Licensee unless the Licensee has, either itself or through its subcontractors, installed and maintained the requisite communication links and other equipment used for a Direct Connection. The Licensee should, to the satisfaction of HKEX-ISIS (CHINA), conduct and complete such testing and rehearsal, as may be prescribed by HKEX-IS (CHINA) from time to time, of the Licensee's equipment and connections; 3.2.2 The the Licensee warrants and represents that, prior to the signing of this Agreement, the Licensee has completed all testing and rehearsal on the Licensee's equipment and the Direct Connection, as required by HKEX-ISIS (CHINA); 3.2.3 During during the currency of the licence, the Licensee shall ensure that the Direct Connection and the Licensee's systems which are connected to HKEX-ISIS (CHINA)’s computer information systems will conform to the relevant Transmission Specifications and that the Licensee’s systems will be adequately configured to support the required loading and activities, as specified by the HKEX-IS (CHINA) from time to time; and; 3.2.4 The the Licensee shall further ensure that the Licensee's systems which are connected to HKEX-ISIS (CHINA)'s computer information systems meet the specifications of HKEX-IS (CHINA) and achieve reasonable performance and reliability; and 3.2.5 the Licensee must ensure the readiness of all lines connected to HKEX-IS (CHINA) for the provision of reliable information service to the Indirect Connection Licensees. 3.3 HKEX-IS (CHINA) shall use its best endeavours to ensure that the Information is in all material respects, accurate, complete and provided to the Licensee on a continuous basis during service hours as specified in the Transmission Specifications, provided that HKEX-IS (CHINA) shall not be obliged to procure the supply of Third Party Content nor shall it ensure the accuracy, timeliness, reliability and completeness of any Third Party Content. 3.4 The Licensee shall comply with the “Technical Requirements for Direct Connection’ for the Information as published by HKEX-IS (CHINA) on xxx.xxxx.xxx.xx, as amended from time to time.

Appears in 2 contracts

Samples: Market Data Application Service Provider Licence Agreement, Market Data Application Service Provider Licence Agreement

Transmission of Information. 3.1 During the currency of the licence, HKEX-IS will procure the supply of the Information to the Licensee in the form of electronic signals generated by the computer information system for the time being used by the Exchanges. The Licensee shall effect such Direct Connections in such a way as permitted and in accordance with the relevant Transmission Specifications and shall bear the connection and maintenance costs (including without limitation any other connection and/or maintenance charges levied by HKEX-IS as specified in Schedule 3 and/or any Contract Element). The connection equipment and communication lineslines to be installed on the premises of HKEX-IS or any member of the HKEX Group must be approved in advance by HKEX-IS. 3.2 The Information shall initially be supplied in accordance with the Transmission Specifications of the relevant Datafeed, which may be changed at any time upon HKEX-IS giving the Licensee not less than 30 days' written notice thereof. Notwithstanding the above, HKEX-IS shall have the right to alter the method of transmission without prior notice to the Licensee if required to do so by reasons outside its control. Where the Licensee is required to make modifications to its equipment (including any computer systems of the Licensee used to connect to HKEX-IS) in order to accommodate a change to the Transmission Specifications, the Licensee shall effect the modification within the 30 day notice period at its own cost. In addition: 3.2.1 HKEX-IS shall not be responsible for making the Information available to the Licensee unless the Licensee has, either itself or through its subcontractors, installed and maintained the requisite communication links and other equipment used for a Direct Connection. The Licensee should, to the satisfaction of HKEX-IS, conduct and complete such testing and rehearsal, as may be prescribed by HKEX-IS from time to time, of the Licensee's equipment and connections; 3.2.2 The Licensee warrants and represents that, prior to the signing of this Agreement, the Licensee has completed all testing and rehearsal on the Licensee's equipment and the Direct Connection, as required by HKEX-IS; 3.2.3 During the currency of the licence, the Licensee shall ensure that the Direct Connection and the Licensee's systems which are connected to HKEX-IS’s computer information systems will conform to the relevant Transmission Specifications and that the Licensee’s systems will be adequately configured to support the required loading and activities, as specified by the HKEX-IS from time to time; and 3.2.4 The Licensee shall further ensure that the Licensee's systems which are connected to HKEX-IS's computer information systems meet the specifications of HKEX-IS and achieve reasonable performance and reliability. 3.3 HKEX-IS shall use its best endeavours to ensure that the Information is in all material respects, accurate, complete and provided to the Licensee on a continuous basis during service hours as specified in the Transmission Specifications, provided that HKEX-IS shall not be obliged to procure the supply of Third Party Content nor shall it ensure the accuracy, timeliness, reliability and completeness of any Third Party Content.

Appears in 1 contract

Samples: Market Data End User Licence Agreement

Transmission of Information. 3.1 During the currency of the licence, HKEX-IS will procure the supply of the Information to the Licensee in the form of electronic signals generated by the computer information system for the time being used by the Exchanges. The Licensee shall effect such Direct Connections in such a way as permitted and in accordance with the relevant Transmission Specifications and shall bear the connection and maintenance costs (including without limitation any other connection and/or maintenance charges levied by HKEX-IS as specified in Schedule 3 and/or any Contract Element). The connection equipment and communication linescommunicatio n lines to be installed on the premises of HKEX-IS or any member of the HKEX Group must be approved in advance by HKEX-IS. 3.2 The Information shall initially be supplied in accordance with the Transmission Specifications of the relevant Datafeed, which may be changed at any time upon HKEX-IS giving the Licensee not less than 30 days' written notice thereof. Notwithstanding the above, HKEX-IS shall have the right to alter the method of transmission without prior notice to the Licensee if required to do so by reasons outside its control. Where the Licensee is required to make modifications to its equipment (including any computer systems of the Licensee used to connect to HKEX-IS) in order to accommodate a change to the Transmission Specifications, the Licensee shall effect the modification within the 30 day notice period at its own cost. In addition: 3.2.1 HKEX-IS shall not be responsible for making the Information available to the Licensee unless the Licensee has, either itself or through its subcontractors, installed and maintained the requisite communication links and other equipment used for a Direct Connection. The Licensee should, to the satisfaction of HKEX-IS, conduct and complete such testing and rehearsal, as may be prescribed by HKEX-IS from time to time, of the Licensee's equipment and connections; 3.2.2 The the Licensee warrants and represents that, prior to the signing of this Agreement, the Licensee has completed all testing and rehearsal on the Licensee's equipment and the Direct Connection, as required by HKEX-IS; 3.2.3 During during the currency of the licence, the Licensee shall ensure that the Direct Connection and the Licensee's systems which are connected to HKEX-IS’s computer information systems will conform to the relevant Transmission Specifications and that the Licensee’s systems will be adequately configured to support the required loading and activities, as specified by the HKEX-IS from time to time; and; 3.2.4 The the Licensee shall further ensure that the Licensee's systems which are connected to HKEX-IS's computer information systems meet the specifications of HKEX-IS and achieve reasonable performance and reliability.; and 3.3 3.2.5 the Licensee must ensure the readiness of all lines connected to HKEX-IS shall use its best endeavours to ensure that for the Information is in all material respects, accurate, complete and provided provision of reliable information service to the Licensee on a continuous basis during service hours as specified in the Transmission Specifications, provided that HKEX-IS shall not be obliged to procure the supply of Third Party Content nor shall it ensure the accuracy, timeliness, reliability and completeness of any Third Party ContentIndirect Connection Licensees.

Appears in 1 contract

Samples: Market Data Application Service Provider Licence Agreement

Transmission of Information. 3.1 During the currency of the licence, HKEX-IS (CHINA) will procure the supply of the Information to the Licensee in the form of electronic signals generated by the computer information system for the time being used by the Exchanges. The Licensee shall effect such Direct Connections in such a way as permitted and in accordance with the relevant Transmission Specifications and shall bear the connection and maintenance costs (including without limitation any other connection and/or maintenance charges levied by HKEX-IS as specified in Schedule 3 and/or any Contract Element). The connection equipment and communication linesby 3.2 The Information shall initially be supplied in accordance with the Transmission Specifications of the relevant Datafeed, which may be changed at any time upon HKEX-IS (CHINA) giving the Licensee not less than 30 days' written notice thereof. Notwithstanding the above, HKEX-IS (CHINA) shall have the right to alter the method of transmission without prior notice to the Licensee if required to do so by reasons outside its control. Where the Licensee is required to make modifications to its equipment (including any computer systems of the Licensee used to connect to HKEX-ISIS (CHINA)) in order to accommodate a change to the Transmission Specifications, the Licensee shall effect the modification within the 30 day notice period at its own cost. In addition: 3.2.1 HKEX-IS (CHINA) shall not be responsible for making the Information available to the Licensee unless the Licensee has, either itself or through its subcontractors, installed and maintained the requisite communication links and other equipment used for a Direct Connection. The Licensee should, to the satisfaction of HKEX-ISIS (CHINA), conduct and complete such testing and rehearsal, as may be prescribed by HKEX-IS (CHINA) from time to time, of the Licensee's equipment and connections; 3.2.2 The Licensee warrants and represents that, prior to the signing of this Agreement, the Licensee has completed all testing and rehearsal on the Licensee's equipment and the Direct Connection, as required by HKEX-ISIS (CHINA); 3.2.3 During the currency of the licence, the Licensee shall ensure that the Direct Connection and the Licensee's systems which are connected to HKEX-ISIS (CHINA)’s computer information systems will conform to the relevant Transmission Specifications and that the Licensee’s systems will be adequately configured to support the required loading and activities, as specified by the HKEX-IS (CHINA) from time to time; and 3.2.4 The Licensee shall further ensure that the Licensee's systems which are connected to HKEX-ISIS (CHINA)'s computer information systems meet the specifications of HKEX-IS (CHINA) and achieve reasonable performance and reliability. 3.3 HKEX-IS (CHINA) shall use its best endeavours to ensure that the Information is in all material respects, accurate, complete and provided to the Licensee on a continuous basis during service hours as specified in the Transmission Specifications, provided that HKEX-IS (CHINA) shall not be obliged to procure the supply of Third Party Content nor shall it ensure the accuracy, timeliness, reliability and completeness of any Third Party Content.

Appears in 1 contract

Samples: Market Data End User Licence Agreement

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Transmission of Information. 3.1 During the currency of the licence, HKEX-IS will procure the supply of the Information to the Licensee in the form of electronic signals generated by the computer information system for the time being used by the Exchanges. The Licensee shall effect such Direct Connections in such a way as permitted and in accordance with the relevant Transmission Specifications and shall bear the connection and maintenance costs (including without limitation any other connection and/or maintenance charges levied by HKEX-IS as specified in Schedule 3 and/or any Contract Element). The connection equipment and communication lineslines to be installed on the premises of HKEX-IS or any member of the HKEX Group must be approved in advance by HKEX-IS. 3.2 The Information shall initially be supplied in accordance with the Transmission Specifications of the relevant Datafeed, which may be changed at any time upon HKEX-IS giving the Licensee not less than 30 days' written notice thereof. Notwithstanding the above, HKEX-IS shall have the right to alter the method of transmission without prior notice to the Licensee if required to do so by reasons outside its control. Where the Licensee is required to make modifications to its equipment (including any computer systems of the Licensee used to connect to HKEX-IS) in order to accommodate a change to the Transmission Specifications, the Licensee shall effect the modification within the 30 day notice period at its own cost. In addition: 3.2.1 HKEX-IS shall not be responsible for making the Information available to the Licensee unless the Licensee has, either itself or through its subcontractors, installed and maintained the requisite communication links and other equipment used for a Direct Connection. The Licensee should, to the satisfaction of HKEX-IS, conduct and complete such testing and rehearsal, as may be prescribed by HKEX-IS from time to time, of the Licensee's equipment and connections; 3.2.2 The the Licensee warrants and represents that, prior to the signing of this Agreement, the Licensee has completed all testing and rehearsal on the Licensee's equipment and the Direct Connection, as required by HKEX-IS; 3.2.3 During during the currency of the licence, the Licensee shall ensure that the Direct Connection and the Licensee's systems which are connected to HKEX-IS’s computer information systems will conform to the relevant Transmission Specifications and that the Licensee’s systems will be adequately configured to support the required loading and activities, as specified by the HKEX-IS from time to time; and; 3.2.4 The the Licensee shall further ensure that the Licensee's systems which are connected to HKEX-IS's computer information systems meet the specifications of HKEX-IS and achieve reasonable performance and reliability.; and 3.3 3.2.5 the Licensee must ensure the readiness of all lines connected to HKEX-IS shall use its best endeavours to ensure that for the Information is in all material respects, accurate, complete and provided provision of reliable information service to the Licensee on a continuous basis during service hours as specified in the Transmission Specifications, provided that HKEX-IS shall not be obliged to procure the supply of Third Party Content nor shall it ensure the accuracy, timeliness, reliability and completeness of any Third Party ContentIndirect Connection Licensees.

Appears in 1 contract

Samples: Market Data Application Service Provider Licence Agreement

Transmission of Information. 3.1 During the currency of the licence, HKEX-IS (CHINA) will procure the supply of the Information to the Licensee in the form of electronic signals generated by the computer information system for the time being used by the Exchanges. The Licensee shall effect such Direct Connections in such a way as permitted and in accordance with the relevant Transmission Specifications and shall bear the connection and maintenance costs (including without limitation any other connection and/or maintenance charges levied by HKEX-IS as specified in Schedule 3 and/or any Contract Element). The connection equipment and communication linesand 3.2 The Information shall initially be supplied in accordance with the Transmission Specifications of the relevant Datafeed, which may be changed at any time upon HKEX-IS (CHINA) giving the Licensee not less than 30 days' written notice thereof. Notwithstanding the above, HKEX-IS (CHINA) shall have the right to alter the method of transmission without prior notice to the Licensee if required to do so by reasons outside its control. Where the Licensee is required to make modifications to its equipment (including any computer systems of the Licensee used to connect to HKEX-ISIS (CHINA)) in order to accommodate a change to the Transmission Specifications, the Licensee shall effect the modification within the 30 day notice period at its own cost. In addition: 3.2.1 HKEX-IS (CHINA) shall not be responsible for making the Information available to the Licensee unless the Licensee has, either itself or through its subcontractors, installed and maintained the requisite communication links and other equipment used for a Direct Connection. The Licensee should, to the satisfaction of HKEX-ISIS (CHINA), conduct and complete such testing and rehearsal, as may be prescribed by HKEX-IS (CHINA) from time to time, of the Licensee's equipment and connections; 3.2.2 The Licensee warrants and represents that, prior to the signing of this Agreement, the Licensee has completed all testing and rehearsal on the Licensee's equipment and the Direct Connection, as required by HKEX-ISIS (CHINA); 3.2.3 During the currency of the licence, the Licensee shall ensure that the Direct Connection and the Licensee's systems which are connected to HKEX-ISIS (CHINA)’s computer information systems will conform to the relevant Transmission Specifications and that the Licensee’s systems will be adequately configured to support the required loading and activities, as specified by the HKEX-IS (CHINA) from time to time; and 3.2.4 The Licensee shall further ensure that the Licensee's systems which are connected to HKEX-ISIS (CHINA)'s computer information systems meet the specifications of HKEX-IS (CHINA) and achieve reasonable performance and reliability. 3.3 HKEX-IS (CHINA) shall use its best endeavours to ensure that the Information is in all material respects, accurate, complete and provided to the Licensee on a continuous basis during service hours as specified in the Transmission Specifications, provided that HKEX-IS (CHINA) shall not be obliged to procure the supply of Third Party Content nor shall it ensure the accuracy, timeliness, reliability and completeness of any Third Party Content.

Appears in 1 contract

Samples: Market Data End User Licence Agreement

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