Common use of Unit of Count Clause in Contracts

Unit of Count. 3.1.1 The unit of count to measure the internal and external display distribution and reporting of Data is the Unique User Id or Device. 3.1.2 The sharing of a Unique User Id between Devices is permitted provided the user cannot access more than one Device simultaneously (e.g. terminal and PDA). Simultaneous access by a Unique User Id should be prohibited unless the Redistributor or End Customer is able to record, track and then report the number of simultaneous accesses. Where a Redistributor or End Customer entitles, but is unable to track and record, more than one simultaneous access to a Unique User Id the maximum number of potential accesses should be reported to the Exchanges. 3.1.3 Data Charges must be reported and are payable per Unique User Id or Device, per Data Source. 3.1.4 Billing for Data is based on the number of Devices or Unique User Ids enabled on the first working day of the month unless an actual usage or contention system is implemented by the Redistributor or End Customer (see sections 4.2 & 4.3).

Appears in 5 contracts

Samples: Real Time Market Data Agreement, Real Time Market Data Agreement, Real Time Market Data Agreement

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