Operational Controls definition

Operational Controls mean the systems, rules, procedures, authorisations and policies which, collectively, are reasonably sufficient to: (i) record and identify all authorised access to Data, and (ii) prevent any unauthorised access to Data.

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Operational Controls means the systems operated by the Distributor Verification Entities to ensure that access to the Data is available only in accordance with the terms of this Agreement and any applicable agreements with Customers. If Aquis charges or imposes any Interactive Access Fee, the Distributor and Distributor Affiliates shall be deemed to have sufficient and adequate Operational Controls for Real-time Data if they have or require Customer to have (i) a permissioning system that limits the availability of Real- time Data to Interactive Accesses that are entitled to receive Real-time Data or (ii) a reporting system that records and reports each Interactive Access’ access to Real-time Data;

Operational Controls means the systems operated by the Customer to ensure that access to the Data is available only in accordance with the terms of this Agreement; Permitted Parties means the Sponsored Clients and Service Providers of the Customer; Price List means the list of Fees published by Aquis on the Website;

Examples of Operational Controls in a sentence

• Licensee must implement effective Operational Controls and maintain records where required by this Agreement and remains subject to audit requirements.

• A possible component of an Operational Controls framework is the deployment of a permissioning system to assist in the correct distribution and reporting of Data.

• Whilst Operational Controls may include either administrative or technical entitlement controls the most effective Operational Controls are likely to include technical entitlement systems supported by documented administrative procedures.

• Licensee shall be required to maintain Operational Controls over all access to Restricted Information, regardless of any monthly reporting or Fees payment requirements.

• In the absence of effective Operational Controls, applied at the Device or Unique User Id level, Turquoise reserves the right to apply Charges where applicable, on the basis of reasonable estimates of Devices or Unique User Ids with access to the Data.

• Börse Berlin AG reserves the right to require reports relating to the use of Restricted Information where Börse Berlin AG has reason to suspect any failure or absence of Operational Controls and/or unauthorised use or distribution of Information.

• Except for the uses of Information specified in Sections 2.10, 2.12 and 2.13 below, or where an exception for any other use is specified and approved by BHB in accordance with this Agreement, Licensee shall maintain Operational Controls sufficient to identify, record and control all use of and access to Information and to detect unlicensed use.

• This Unit of Count will normally apply where (1) there are no effective Operational Controls over other Units of Count, (2) a Device or User ID is not associated with an individual User, and/or (3) access or entitlement or any other ID can allow concurrent access by more than one user at any one time (or access by a group of users).

• This Unit of Count will also normally apply where there are no effective Operational Controls over other Units of Count.

• Licensee’s Operational Controls must have the capabilities as below to electronically verify, control, monitor and report the usage, enablement and disablement of the distribution of Information to each, and every, recipient.

More Definitions of Operational Controls

Operational Controls means the systems operated by the Customer to ensure that access to the Data is available only in accordance with the terms of this Agreement;

Operational Controls means the systems operated by a Distributor to ensure that access to the Data is available only to the Recipients and the systems, processes and procedures operated by such Distributor to limit or monitor access to the Data.

Operational Controls consist of systems, rules, procedures, authorisations and disciplines of the Licensee or Licensee Group which are taken together to the satisfaction of Bursa:

Operational Controls means the systems operated by a Distributor to ensure that access to the Data is available only to the Customers and the systems, processes and procedures operated by Distributor to limit or monitor access to the Data. Permitted Uses means placement and removal of Orders on Tradition SEF and/or execution against resting Orders on a Tradition SEF Order Book.