Common use of Supply of Data Clause in Contracts

Supply of Data. The Licensor shall make the Data available to LICENSEE, at the locations advised by the Licensor by virtue of a data feed (currently Milan FTP). The Licensor does not warrant or represent that the supply of Data will be free of interruption or delay. Subject to Clause 3.1, where there is interruption to the supply of the Data, the Licensor shall use reasonable endeavours to; a) give LICENSEE appropriate notice of any interruption in situations where the Licensor is aware of a scheduled interruption; b) where possible, to give an estimate of the period of time it shall take to remedy the interruption; and c) remedy such interruption as soon as is reasonably practicable after the Licensor has become aware of such interruption. The Licensor reserves the right to reasonably add to or alter or delete any part of the Data provided, however, that it shall give to LICENSEE, where practicable, reasonable prior written notice of its intention to modify the Data. In the event that the functionality and content of the Data substantially and adversely affects the manner in which LICENSEE creates the Data Product as a result of any addition, deletion or modification of any part of the Data by Licensor, LICENSEE has the right to terminate the Agreement in writing, with effect from the day such addition, deletion or modification came into or was intended to come into effect. Unless otherwise specified in the Reference Price Schedule or in the Reference Data Schedule, the Data will be provided only in respect of Business Days. Subject to Clause 11.5, the Licensor shall use best endeavours to ensure that the Data that LICENSEE receives is of a quantity and quality (including in terms of consistency, accuracy, timeliness and comprehensiveness) at least equal to comparable Data supplied by the Licensor to any other third party from time to time.

Supply of Data. 3.1 The Licensor shall make the Data available to LICENSEE, at the locations advised by the Licensor by virtue of a data feed (currently Milan FTP). The Licensor does not warrant or represent that the supply of Data will be free of interruption or delay. . 3.2 Subject to Clause 3.1, where there is interruption to the supply of the Data, the Licensor shall use reasonable endeavours to; (a) give LICENSEE appropriate notice of any interruption in situations where the Licensor is aware of a scheduled interruption; (b) where possible, to give an estimate of the period of time it shall take to remedy the interruption; and (c) remedy such interruption as soon as is reasonably practicable after the Licensor has become aware of such interruption. . 3.3 The Licensor reserves the right to reasonably add to or alter or delete any part of the Data provided, however, that it shall give to LICENSEE, where practicable, reasonable prior written notice of its intention to modify the Data. In the event that the functionality and content of the Data substantially and adversely affects the manner in which LICENSEE creates the Data Product as a result of any addition, deletion or modification of any part of the Data by Licensor, LICENSEE has the right to terminate the Agreement in writing, with effect from the day such addition, deletion or modification came into or was intended to come into effect. . 3.4 Unless otherwise specified in the Reference Price Schedule or in the Reference Data Schedule, the Data will be provided only in respect of Business Days. . 3.5 Subject to Clause 11.5, the Licensor shall use best endeavours to ensure that the Data that LICENSEE receives is of a quantity and quality (including in terms of consistency, accuracy, timeliness and comprehensiveness) at least equal to comparable Data supplied by the Licensor to any other third party from time to time.