Common use of Use of Exchange Systems Clause in Contracts

Use of Exchange Systems. 4.1 Customer will access, or permit access to, the Exchange Systems only in strict compliance with the terms and conditions of this Agreement and any unauthorized use of or access to the Exchange Systems is prohibited. An Authorized Entity will be authorized to access the Exchange Systems through Customer’s System only as set forth in a written agreement between Customer and such Authorized Entity incorporating terms that provide that the Authorized Entity: (a) will provide, on request by Customer or the Exchange, all information to monitor compliance with applicable Laws and to facilitate the administration of this Agreement; (b) acknowledges the existence of limitations of liability and indemnities in favour of the Exchange, and that the Exchange is not, in any manner whatsoever, liable to the Authorized Entity or any other person for any losses, costs, penalties, fines, expenses, damages or other amounts whatsoever suffered or incurred by the Authorized Entity or other person; and (c) acknowledges that the Exchange, in its sole discretion, has the right to require Customer to discontinue access to and use of the Exchange System by the Authorized Entity. 4.2 Customer will not furnish, or cause or permit to be furnished, access to all or any part of the Exchange Systems to any person other than an Authorized Entity. 4.3 If Customer proposes to use, access or provide access to, the Exchange Systems in a manner that is not contemplated by the Customer Connectivity Order Form, it will first give notice to the Exchange (whether by means of an amended Customer Connectivity Order Form or such other form acceptable to the Exchange) for its prior approval, such approval not to be unreasonably withheld or delayed. If required by the Exchange, Customer shall deliver to the Exchange an amended Customer Connectivity Order Form to replace the then current form and any approved amendment to a Customer Connectivity Order Form will be deemed to be incorporated into and form part of this Agreement. 4.4 If the Exchange notifies Customer that the Exchange has terminated the right of any Authorized Entity to access the Exchange Systems, Customer shall: (i) cease providing access to the Exchange Systems to the Authorized Entity within five (5) Business Days of its receipt of such notice; and