Common use of Merchant Data Clause in Contracts

Merchant Data. You is solely responsible for the accuracy, quality, content and legality (including compliance with all Applicable Law and Rules) of your data, the means by which your data is acquired, and any transfer and use of your data outside of the Service by you or any third party authorized by you. You understand and agree that Wiz-Tec has no control over the content of the data handled or processed by the Service on your behalf. You are responsible for taking its own steps to maintain appropriate security, protection and back-up of its data and software, including the use of appropriate back-up and archiving. Your understand and agree that Wiz-Tec is not responsible for any loss or corruption of your data or other software. You hereby grant to Wiz-Tec a non-exclusive, royalty-free, fully paid up, and worldwide license to use, copy, modify (including the right to create derivative works of), display and transmit your data solely in connection with the Service. You acknowledge and agree that, in the course of providing the Service to you, Wiz-Tec may collect, store and use your data. Wiz-Tec may create anonymized or aggregated data that does not identify you, your employees, or any other identifiable individual. Such aggregated or de-identified data may include data analysis and may be used for any lawful purpose, including, to use, disclose, compile, distribute and publish anonymous statistical or analytical data regarding the performance, provision, and operation of the Service, the development of new services, or otherwise. Upon creation, Wiz-Tec shall own and retain all Intellectual Property Rights in and to such anonymized or aggregated data entirely without obligation to you or restriction of any kind.

Merchant Data. You is are solely responsible for the accuracy, quality, content and legality (including compliance with all Applicable Law and Rules) of your data, the means by which your data is acquired, and any transfer and use of your data outside of the Service by you or any third party authorized by you. You understand and agree that Wiz-Tec has no control over the content of the data handled or processed by the Service on your behalf. You are responsible for taking its your own steps to maintain appropriate security, protection and back-up of its your data and software, including the use of appropriate back-up and archiving. Your You understand and agree that Wiz-Tec is shall not responsible for any loss or corruption of your data or other software. You hereby grant to Wiz-Tec a non-exclusive, royalty-free, fully paid up, and worldwide license to use, copy, modify (including the right to create derivative works of), display and transmit your data solely in connection with the Service. You acknowledge and agree that, in the course of providing the Service to you, Wiz-Tec may collect, store and use your data. Wiz-Tec may create anonymized or aggregated data that does not identify you, your employees, or any other identifiable individual. Such aggregated or de-identified data may include data analysis and may be used for any lawful purpose, including, to use, disclose, compile, distribute and publish anonymous statistical or analytical data regarding the performance, provision, and operation of the Service, the development of new services, or otherwise. Upon creation, Wiz-Tec shall own and retain all Intellectual Property Rights in and to such anonymized or aggregated data entirely without obligation to you or restriction of any kind.