Common use of Ownership of AMEX Data Clause in Contracts

Ownership of AMEX Data. All data and information submitted to Company by AMEX and Customers in connection with the Service, including without limitation any portion thereof (the "AMEX Data"), is and shall remain the property of AMEX. The AMEX Data shall: (1) not be used by Company other than in connection with providing the Service, (2) not be disclosed, sold, assigned, leased or otherwise provided to third parties by Company; and (3) not be commercially exploited by or on behalf of Company, its employees or agents except as provided in this Agreement. Company shall take all appropriate actions to safeguard the AMEX Data. The database of Customers formerly or currently enrolled in the Service shall remain the sole property of AMEX.

Appears in 2 contracts

Sources: Co Marketing Program Agreement (Usa Net Inc), Co Marketing Program Agreement (Usa Net Inc)