Common use of Delayed Information Clause in Contracts

Delayed Information. Where specified in ▇▇▇ Application Form, and subject to any additional terms specified for individual Information Products in ▇▇▇ Application Form, Licensee may distribute Delayed Information without requiring the recipient to apply Operational Controls or be covered by a Subscriber Agreement, provided that Subscribers and other authorized recipients of such Information are notified that: a) BHB and Information Providers reserve all Intellectual Property Rights to the Information, b) BHB and Information Providers accept no liability for the display of the Information or any losses or claims arising from use of the Information, c) Information is for the personal use of the recipient and may not be redistributed by the recipient to any third party without the permission of BHB, d) Recipients have no right to process Information with or without other data, for the purpose of creating indices, or to license any third party to create indices, without the prior written permission of BHB, e) Recipients have no right to use Information to create or benchmark any exchange traded fund, institutional or retail fund, derivative contract or other similar product, or to license any third party to do so, without the prior written permission of BHB, f) BHB may suspend or terminate receipt of Information by any party if BHB has reason to believe the Information is being misused or misrepresented.