Common use of User IDs and Passwords Clause in Contracts

User IDs and Passwords. ICE Trade Vault may, in its sole and absolute discretion, issue to Participant, through its employees designated as its administrator(s) with respect to Participant’s use of the System (“Participant User Administrator”), one or more user IDs and passwords (collectively, the "Passwords") for use exclusively by employees or ICE Trade Vault-approved third party agents (“Authorized Agents”) of Participant or a Participant affiliate that are properly authorized to access the ICE eConfirm Service on behalf of Participant. The initial Participant User Administrator(s) for the ICE eConfirm Service are identified at the end of this ICE eConfirm Agreement and Participant will notify ICE Trade Vault promptly of any change in its Participant User Administrator(s). Participant will be solely responsible for controlling and monitoring the use of the Passwords, will provide the Passwords only to its Authorized Agents, and will not provide the Passwords to any third party other than an Authorized Agent. Participant will immediately notify ICE Trade Vault of any unauthorized disclosure or use of the Passwords or access to the ICE eConfirm Service or of the need to deactivate any Passwords. Participant acknowledges and agrees that it will be bound by any actions taken through the use of its Passwords (except through the fault or negligence of ICE Trade Vault), including the Confirmation of Trades and Broker Confirmations, whether or not such actions were authorized. The Participant User Administrator shall be responsible for all communications between ICE Trade Vault and Participant and any notices or other communications sent to the Participant User Administrator by ICE Trade Vault shall be binding on Participant. Upon issuance of Passwords to Participant, ICE Trade Vault may include the Participant’s name among any list of participants in promotional materials relating to the ICE eConfirm Service. Any use of the trademark, trade name or logo of Participant by ICE Trade Vault in a press release or other promotional material will require the prior written consent of Participant.

Appears in 1 contract

Sources: Ice Trade Vault Participant Agreement

User IDs and Passwords. a) ICE Trade Vault may, in its sole and absolute discretion, issue to Participant, through its employees designated as its administrator(s) with respect to Participant’s use of the System (“Participant User Administrator”), one or more user IDs and passwords (collectively, the "Passwords") for access to the system via the user interface (UI) only for use exclusively by employees or ICE Trade Vault-approved third party agents (“Authorized Agents”) of Participant or a Participant affiliate that are properly authorized to access the ICE eConfirm SDR Service on behalf of Participant. The initial Participant User Administrator(s) for the ICE eConfirm SDR Service are identified at the end of this ICE eConfirm Trade Vault Agreement and Participant will notify ICE Trade Vault promptly of any change in its Participant User Administrator(s). . b) ICE Trade Vault may, in its sole and absolute discretion, issue to Participants, one or more user IDs and passwords to access the ICE Trade Vault Application Program Interfaces (API) for use exclusively by employees or ICE Trade Vault -approved Authorized Agents of Participant or a Participant affiliate that are properly authorized to use the ICE SDR Service on behalf of Participant . c) Participant will be solely responsible for controlling and monitoring the use of the Passwords, will provide the Passwords only to its Authorized Agents, and will not provide the Passwords to any third party other than an Authorized Agent. Participant will immediately notify ICE Trade Vault of any unauthorized disclosure or use of the Passwords or access to the ICE eConfirm SDR Service or of the need to deactivate any Passwords. Participant acknowledges and agrees that it will be bound by any actions taken through the use of its Passwords (except through the fault or negligence of ICE Trade Vault), including the Confirmation of Trades and Broker Confirmations, whether or not such actions were authorized. . d) The Participant User Administrator shall be responsible for all communications between ICE Trade Vault and Participant and any notices or other communications sent to the Participant User Administrator by ICE Trade Vault shall be binding on Participant. . e) Upon issuance of Passwords to Participant, ICE Trade Vault may include the Participant’s name among any list of participants in promotional materials relating to the ICE eConfirm SDR Service. Any use of the trademark, trade name or logo of Participant by ICE Trade Vault in a press release or other promotional material will require the prior written consent of Participant.

Appears in 1 contract

Sources: Ice Trade Vault Participant Agreement

User IDs and Passwords. ICE Trade Vault may, in its sole and absolute discretion, shall issue to ParticipantBroker, through its employees designated as its administrator(s) with respect to ParticipantBroker’s use of the System ICE Trade Vault Services (“Participant Broker User Administrator”), one or more user IDs and passwords (collectively, the "Passwords") for use exclusively by employees or ICE Trade Vault-approved third party agents (“Authorized AgentsEmployees”) of Participant Broker or a Participant Broker affiliate that are properly authorized to access the ICE eConfirm Service Services on behalf of ParticipantBroker. The initial Participant Broker User Administrator(s) for the ICE eConfirm Service are identified at the end of this ICE eConfirm Trade Vault Agreement and Participant Broker will notify ICE Trade Vault promptly of any change in its Participant Broker User Administrator(s). Participant Broker will be solely responsible for controlling and monitoring the use of the Passwords, will provide the Passwords only to its Authorized AgentsEmployees, and will not provide the Passwords to any third party other than an Authorized Agentparty. Participant Broker will immediately notify ICE Trade Vault of any unauthorized disclosure or use of the Passwords or access to the ICE eConfirm Service Services or of the need to deactivate any Passwords. Participant ▇▇▇▇▇▇ acknowledges and agrees that it will be bound by any actions taken through the use of its Passwords (except through the fault or negligence of ICE Trade Vault), including the Confirmation submission of Trades and Broker Confirmations, and the use of the Services, whether or not such actions were authorized. Broker will only use the Passwords to access and use the Services from the jurisdictions specified by ▇▇▇▇▇▇ and accepted by ICE Trade Vault. The Participant Broker User Administrator shall be responsible for all communications between ICE Trade Vault and Participant Broker and any notices or other communications sent to the Participant Broker User Administrator by ICE Trade Vault shall be binding on ParticipantBroker. Upon issuance of Passwords to ParticipantBroker, ICE Trade Vault may include the ParticipantBroker’s name among any list of participants in promotional materials relating to the ICE eConfirm ServiceTrade Vault Services. Any use of the trademark, trade name or logo of Participant Broker by ICE Trade Vault in a press release or other promotional material will require the prior written consent of ParticipantBroker.

Appears in 1 contract

Sources: Broker Agreement