Common use of Where Börse Berlin Clause in Contracts

Where Börse Berlin. AG is satisfied that the use by Licensee’s Group and Customers of otherwise Fee Liable Information is primarily for the purposes of trading via the Equiduct platform (evidenced by the significance of the volume of trading activity in each preceding quarter from the Licensee’s Group), Licensee may elect to pay a capped fee of €20,000 per month in respect of the Information Access Fees, in which case article 4.1 of Schedule C shall apply.

Where Börse Berlin. AG is satisfied that the use by Licensee’s Group and Customers of otherwise Fee Liable Information is primarily for the purposes of trading via the Equiduct platform (evidenced by the significance of the volume of trading activity in each preceding quarter from the Licensee’s Group)platform, Licensee may elect to pay a capped fee of €20,000 10.000 per month in respect of the Information Access Fees, in which case article article 4.1 of Schedule C shall apply.