Common use of ACCESS TO DATABASES Clause in Contracts

ACCESS TO DATABASES. The Parties acknowledge that when information required to be provided under this Agreement is held on a database, the Party entitled to receive the information will not be entitled to obtain direct access to the database. Any information required to be provided will be provided in a manner independent of the source database but in a form and in a timely manner as nearly as practicably equivalent to the source database. The precise method by which information is to be made available will be determined by the Parties having regard to the reasonable cost, convenience and security concerns of the Parties. Such reasonable charges calculated by reference to the reasonable costs of the information provider will be paid by the receiving Party.