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If a Paid Client purchases 451 Research’s M&A KnowledgeBase, the Paid Client may cite top line M&A data such as publicly announced M&A deal and dollar volumes, trends or statistics in any publicly available print, web or any other format if the Paid Client cites 451 Research’s M&A KnowledgeBase as the source of the data. However, 451 Research’s estimates of deal values and target company revenues are proprietary data points and Paid Clients and Users may not republish or redistribute this data in any publicly available print, web or any other format including, but not limited to, mass marketing efforts, newsletters, and reports sent to more than one third party organization. Paid Clients may include 451 Research’s estimates of deal values and target company revenues as required for private and individual presentations and Paid Client reports if the Paid Client cites 451 Research’s M&A KnowledgeBase as the source of the M&A data. Paid Clients and Users agree not to import 451 Research’s M&A data into any commercial or non-commercial database other than a spreadsheet program. Paid Clients and Users additionally agree not to create any sort of interface designed to enable users to query the spreadsheet for purposes of retrieving information from it. Upon expiration or non-renewal of a Service Agreement, Paid Clients agree to expunge any downloaded 451 Research M&A data from any internal spreadsheet, document or other repository used to store such data.
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