Common use of CHANGES TO THE DATA Clause in Contracts

CHANGES TO THE DATA. 14.1 To the extent permitted by the Regulations, the LME may at its absolute discretion, add, delete or amend the Data (in whole or in part, including making changes to the format of the Data). Any such additions, deletions or amendments shall be treated as a change to the Agreement in accordance with clause 15.2. 14.2 Where the LME informs the Licensee of a proposed change to the Data, the Licensee shall be solely responsible for: (a) communicating such additions, deletions or amendments (or other changes) as applicable to all members of the Licensee Personnel who access or receive the Data from the Licensee; and (b) making any required changes to its systems in order to implement the proposed additions, deletions or amendments (or other changes). 14.3 The LME shall not be responsible for any Losses incurred by the Licensee, as a result of the implementation of any addition, deletion or amendment (or other changes) to the Data by the LME.

Appears in 38 contracts

Sources: Lme Market Data Licence, Market Data Licence, Market Data Licence