Common use of Evaluation Purpose Clause in Contracts

Evaluation Purpose. Licensor has expended considerable efforts and used proprietary methodologies to compile and maintain certain information, communications, opinions, text, formulas, data, analyses, studies, forecasts, graphics, links, electronic art, software and other material and data formatted, organized and collected in a variety of forms (collectively “Data”) that it wishes to provide to Subscriber; Subscriber agrees to access and use the Data for backtesting purposes only, in order to allow Subscriber to evaluate potential future use of Licensor’s analytics and data, on the terms set forth herein (the “Purpose”). THE TRIAL DATA IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY, AND IS NOT AND SHOULD NOT BE CONSTRUED AS LEGAL, TAX, INVESTMENT, OR FINANCIAL ADVICE, OR AS AN OFFER, SOLICITATION OR RECOMMENDATION TO PURCHASE, SELL OR HOLD ANY SECURITY, CLASS OF SECURITIES, OR OTHER FINANCIAL PRODUCT, OR TO PARTICIPATE IN ANY PARTICULAR INVESTMENT STRATEGY.

Appears in 2 contracts

Sources: Trial Data License and Mutual Non Disclosure Agreement, Trial Data License & Mutual Non Disclosure Agreement