Licensed Index

Licensed Index. Means the applicable Index identified in a Schedule to this Agreement, which Thomson Reuters licenses to Licensee, and which is expressly identified as a "Licensed Index" in such Schedule. For the avoidance of doubt and notwithstanding anything to the contrary, the Licensed Index may be amended from time to time by Thomson Reuters or the applicable Thomson Reuters Affiliate who calculates and/or maintains the applicable Licensed Index without the prior consent of the WGC Parties; provided... however, that (i) the purpose and scope of the Licensed Index shall not be materially altered during the Agreement Term, (ii) Thomson Reuters or the applicable Thomson Reuters Affiliate shall notify each of the WGC Parties at the time of and concurrent with the public announcement of such amendment and (iii) the Licensee shall have (at its election) the right to license a substitute Index, if any, under the terms of this Agreement. View More