TERMS AND CONDITIONS OF USE
Access to the Transparent Value website defined below is provided by TV. For purposes
of this agreement, "TV" shall mean Transparent Value, L.L.C. and its affiliates,
and their officers, directors, managing directors, partners, and employees. The
"TV website" shall mean the website of Transparent Value, L.L.C. available to the
general public and located at transparentvalue.com and other select domains.
MONITORING BY TV
Your use of the products and services on this website may be monitored by TV, and
the resultant information may be used by TV for its internal business purposes or
in accordance with the rules of any applicable regulatory or self-regulatory organization.
INFORMATION MADE AVAILABLE THROUGH THIS SERVICE
You are permitted to store, display, analyze, modify, reformat and print the information
made available to you via this service only for your own use. You are not permitted
to publish, transmit or otherwise reproduce this information, in whole or in part,
in any format to any third party without the express written consent of TV.
In addition, you are not permitted to alter, obscure or remove any copyright, trademark
or any other notices that are provided to you in connection with the information.
TV reserves the right, at any time and from time to time, in the interests of its
own editorial discretion and business judgment to add, modify or remove any of the
These Terms and Conditions of Use are not intended to, and will not, transfer or
grant any rights in or to the information other than those which are specifically
described herein, and all rights not expressly granted herein are reserved by TV
or the third party providers from whom TV has obtained the information.
You are required to read and abide by any additional terms and conditions that may
be posted on this service from time to time concerning information obtained from
specific third-party providers. Such third-party providers shall have no liability
to you for monetary damages on account of the information provided to you via this
NO WARRANTIES MADE AS TO CONTENT; NO RESPONSIBILITY TO UPDATE
TV makes no warranty, express or implied, concerning this service. The services
provided by us and our third-party providers are on an "as is" basis at your sole
risk. TV expressly disclaims any implied warranty of merchantability or fitness
for a particular purpose, including any warranty for the use or the results of the
use of the services with respect to their correctness, quality, accuracy, completeness,
reliability, performance, timeliness or continued availability.
Neither TV nor any of its third party providers shall have any responsibility to
maintain the data and services made available on this website or to supply any corrections,
updates, or releases in connection therewith. Availability of data and services
are subject to change without notice.
NO LIABILITY FOR CONTENT; NO LIABILITY ARISING FROM USE
TV shall have no liability, contingent or otherwise, to you or to third parties,
or any responsibility whatsoever, for the failure of any connection or communication
service to provide or maintain your access to this service, or for any interruption
or disruption of such access or any erroneous communication between TV and you,
regardless of whether the connection or communication service is provided by TV
or a third-party service provider.
TV shall have no liability, contingent or otherwise, to you or to third parties,
for the correctness, quality, accuracy, timeliness, reliability, performance, continued
availability, completeness or delays, omissions or interruptions in the delivery
of the data and services available on this website or for any other aspect of the
performance of this service or for any failure or delay in the execution of any
transactions through this service.
In no event will TV be liable for any special, indirect, incidental or consequential
damages which may be incurred or experienced on account of you using the data or
services made available on this website, even if TV has been advised of the possibility
of such damages. TV will have no responsibility to inform you of any difficulties
experienced by TV or third parties with respect to the use of the services or to
take any action in connection therewith.
NO WARRANTIES MADE AS TO SECURITY
TV makes no warranty whatsoever to you express or implied, regarding the security
of the website, including with respect to the ability of unauthorized persons to
intercept or access information transmitted by you through this service.
SYSTEM OUTAGES, SLOWDOWNS AND CAPACITY LIMITATIONS/DELAYS IN ORDER ROUTING,
EXECUTIONS AND TRADE REPORTS
As a result of high Internet traffic, transmission problems, systems capacity limitations
and other problems, you may, at times, experience difficulty accessing the website
or communicating with TV through the Internet or other electronic and wireless services.
Any computer system or other electronic device, whether it is yours, an Internet
service provider's or TV's can experience unanticipated outages or slowdowns, or
have capacity limitations.
ACCESS TO RBP® REPORTS - FREE LOGIN
TV currently makes RBP® Reports available without charge. TV may change its policy
of offering the Reports without charge; may limit your access to multiple Reports
or types of Reports or to portions of Reports; or may require you to provide certain
information before using the Reports. TV may make any or all of these changes at
any time without prior notice to you.
NO DUTY TO UPDATE PREVIOUSLY-ISSUED MATERIAL
TV may change the RBP® methodology at any time wthout notice to you, and does not
undertake to advise you of any changes to a previously-issued RBP® Report that may
result from changes to its methodology.
CONTENT NOT TO BE CONSTRUED AS A SOLICITATION OR RECOMMENDATION
This material has been prepared for informational purposes only without regard to
any particular user's investment objectives, financial situation or means, and TV
is not soliciting any action based upon it.
This material is not to be construed as a recommendation; or an offer to buy or
sell; or the solicitation of an offer to buy or sell any security, financial product
or instrument; or to participate in any particular trading strategy in any jurisdiction
in which such an offer or solicitation, or trading strategy would be illegal.
Certain transactions, including those involving futures, options and high-yield
securities, give rise to substantial risk and are not suitable for all investors.
Although this material is based upon information that TV considers reliable and
endeavors to keep current, TV has not verified this information and does not represent
that this material is accurate, current or complete and it should not be relied
upon as such.
NO DETERMINATION OF SUSTAINABILITY HAS BEEN MADE; NOT ALL RISKS ARE DISCLOSED;
PRIVATE ADVISORS SHOULD BE CONSULTED
The fact that TV has made the data and services provided on this website available
to you constitutes neither a recommendation to enter into a particular transaction
nor a representation that any product described on this website is suitable or appropriate
Many of the products described on this website involve significant risks, and you
should not enter into any transactions unless you have fully understood all such
risks and has independently determined that such transactions are appropriate for
you. Any discussion of the risks contained herein with respect to any product should
not be considered to be a disclosure of all risks or complete discussion of the
risks which are mentioned.
You should neither construe any of the material contained herein as business, financial,
investment, hedging, trading, legal, regulatory, tax or accounting advice nor make
this service the primary basis for any investment decisions made by or on behalf
of you, your accountants or your managed or fiduciary accounts, and you should consult
your business advisor, attorney and tax and accounting advisors concerning any contemplated
NO REPRESENTATIONS MADE AS TO OTHER SITES OR LINKS
This service may provide links to certain Internet sites (the "Sites") sponsored
and maintained by third parties. TV is providing such links solely as a convenience
to you. Accordingly, TV makes no representations concerning the content of the Sites.
The fact that TV has provided a link to the Site does not constitute an endorsement,
authorization, sponsorship or affiliation by TV with respect to the Site, its owners
or its providers.
TV has not tested any information, software or products found on any of the Sites
and therefore does not make any representations with respect thereto, including
any representations regarding the content or sponsors of the Site, or the suitability
or appropriateness of the products or transactions described therein.
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