Common use of Research and Information Clause in Contracts

Research and Information. 6.1.1. Any research and information (for the purpose of this Clause 6 the term “research” shall include any trading ideas, trading suggestions, market colour, economic climate, generic advice, analyses, re- search publications and other such information) communicated or otherwise made available to you is provided merely for your information. For the avoidance of doubt the research provided by ▇▇▇▇- en & Co cannot be qualified as investment advice as defined under the MiFID. The research provided by ▇▇▇▇▇▇ & Co in whatever form, is based upon sources which ▇▇▇▇▇▇ & Co believes to be reliable but the accuracy of which cannot be guaranteed. Any such research provided to the Client by ▇▇▇▇▇▇ & Co reflects ▇▇▇▇▇▇ & Co’s judgement at the date given. While ▇▇▇▇▇▇ & Co will exercise due skill, care and diligence when preparing its research, the Client should conduct its own investigation and analy- sis of any such information. 6.1.2. ▇▇▇▇▇▇ & Co, group companies and/or their officers, affiliates, directors and employees, including persons involved in the preparation or publication of research, may from time to time (i) perform bro- kerage, market making activities, liquidity provider services, and/or investment banking services for, or on behalf of any of the companies referred to in the research, or may intend to receive or seek compen- sation for brokerage and investment banking services from companies mentioned in the research, (ii) have investments, either independently or for the benefit of third parties, in securities or derivatives of securities mentioned in this report, and may trade them in ways contrary to or inconsistent with those discussed in the research, as a broker, market maker, or in any other role. As a result, clients should be aware that ▇▇▇▇▇▇ & Co may have a conflict of interest that could affect the objectivity of the re- search. ▇▇▇▇▇▇ & Co shall be under no obligation to ensure that any research provided by ▇▇▇▇- en & Co, is provided to the Client either before or at the same time as it is made available to any other client of ▇▇▇▇▇▇ & Co. ▇▇▇▇▇▇ & Co shall be under no obligation to the Client to provide research.