Examples of Permitted Purpose in a sentence
In the event that the Licensee considers any such amendments to be unfavorable, it may terminate this Agreement, the relevant Datafeed or the relevant type of services described in the Memorandum of Permitted Purpose on the date the amendment comes into effect, provided it gives HKEX-IS (CHINA) notice in writing within 30 days of the date of the notice of HKEX-IS (CHINA).
HKEX-IS (CHINA) may, at any time after receiving such notice, issue a revised Memorandum of Permitted Purpose to re-define and/or re-classify the services in question, which shall form a part of this Agreement and shall replace any then existing Memorandum of Permitted Purpose with effect from its date of issue by HKEX-IS (CHINA) or from the date when the modified services are introduced, if later.
For the avoidance of doubt, nothing in this clause 2.3 shall entitle the Licensee to do anything outside the scope of the Permitted Purpose without first obtaining HKEX-IS (CHINA)'s written consent (such consent not to be unreasonably withheld).