Coremont Clarion Terms and Conditions

Terms of use

This site and the information on it is only directed at persons who are acting on behalf of clients all of which are professional clients or eligible counterparties for the purposes of the Markets in Financial Instruments Directive (Directive 2004/39/EC) (known as 'MiFID').

Please read this page before accessing and using this site, including any services accessible from this site, as it explains certain restrictions on the use thereof. It is your responsibility to be aware of and to observe all applicable laws and regulations of your relevant jurisdiction. Please contact us if you require any further information on your access or status.

About Coremont

The Coremont portal (“Clarion”) and main website which can be accessed here (and any services accessible from it) (“our site”) is issued for all purposes by Coremont LLP and the expression “we”, “our” and “us” shall be construed accordingly (including to refer to our affiliates where appropriate). Coremont LLP is a limited liability partnership with its registered address at 4th Floor, Reading Bridge House, George Street, Reading, Berkshire RG1 8LS. We provide a number of services to our affiliates and clients.

Your use of our site

These Terms of Use set out the terms on which you may make use of our site and apply to every page on our site, whether or not such pages are individually disclaimed. Please read these Terms of Use carefully before you start to use our site. By using our site, you have indicated that you accept these Terms of Use and that you agree to abide by them. If you do not agree to these Terms of Use, please refrain from using our site. These Terms of Use also incorporate our Privacy Policy, and all other rules, policies and procedures that may be published from time to time on our site, each of which is incorporated by reference and each of which may be updated by us from time to time without notice to you.

Our site is issued only to and/or is directed only at persons who are professional clients or eligible counterparties as defined in the FCA Rules as we only offer services to these types of clients.

We may revise these Terms of Use from time to time by updating this page. The revised Terms of Use will take effect from when they are posted. You are expected to check this page from time to time and to take notice of any changes we may have made, as by using our site you acknowledge that you have accepted any such amendments.

You must NOT use our site (or permit or procure others to use it) as follows:

for any unlawful, improper or illegal purpose or activity;
to violate our or any third party's copyright, trademark, proprietary or other intellectual property rights;
to damage our name or reputation or that of our affiliates or any third parties;
to impersonate any of our employees or other person or use a false name while using our site or implying an association with us;
to penetrate our security measures or other entities' systems ("hacking");
to generate excessive amounts of internet traffic, to interfere with our network or other's use of our site or to engage in activities designed to or having the effect of degrading or denying service to users of our site or others;
to introduce viruses, worms, harmful code and/or Trojan horses onto the internet or into our site or any other entity's systems and it is your responsibility to ensure that whatever you download or select for your use from our site is free from such items; and/or
to transmit confidential or proprietary information, except solely at your own risk.

Marketing restrictions

For the avoidance of doubt, we do not market any regulated product or services, with the exception of treasury and cash management services, to financial services firms all of which are categorised as professional clients or eligible counterparties.

Compliance with law and regulation

When using our site, you agree you will comply with all applicable local, national and international laws and regulations, including those related to data privacy, international communications and exportation of technical or personal data. It may be illegal to view and/or download the information contained on our site in certain countries and we and our affiliates disclaim all responsibility if you access or download any information from our site in breach of any law or regulation of the country in which you are a citizen or in which you are resident or domiciled.

Accuracy of information

We have taken reasonable care to ensure that the information on our site is accurate, current, complete, fit for its intended purpose and compliant with applicable law and regulation as at the date of issue. However, errors or omissions may occur due to circumstances beyond our control and no warranty is given, or representation made, regarding the accuracy, validity or completeness of the information on our site and no liability is accepted by such persons for the accuracy or completeness of such information. You must conduct your own due diligence and investigations rather than relying on any information on our site.

Use of the site and registration

In order to become a registered user of the Clarion portal through this website, you will need to create an account by following the relevant registration process on the portal. When you register on the portal, you will give us your full name and we may ask you to submit certain details about your organisation and ask you to create a password. Upon becoming a registered user, it is your responsibility to treat your registration and login information relating to the Clarion portal as confidential. We are not responsible for any use or misuse of your registration or login information (and any resulting access to the Clarion portal) arising from your failure to keep your registration or login information safe and confidential. If you know or suspect that anyone other than you knows or might have access to your registration or login details, it is your responsibility to immediately notify us. We may disable any access credentials and/or suspend your access to the Clarion portal in the event that we suspect that (a) an unauthorised person is using your access credentials; or (b) you have disclosed your access credentials to a third party in breach of these Terms of Use.

Access

We reserve the right to deny you access to our site, or immediately to suspend or terminate your access to our site, or to disable any user name or password (whether chosen by you or allocated by us) at any time (in our sole discretion).We reserve the right to deny you access to our site, or immediately to suspend or terminate your access to our site, or to disable any user name or password (whether chosen by you or allocated by us) at any time (in our sole discretion).

Liability for use of our site

Access to our site is permitted on a temporary basis and we reserve the right to withdraw or amend the service and/or information we provide on our site without notice. We do not accept any liability if for any reason our site is unavailable at any time or for any period. Our site is provided for informational purposes only and shall not form the basis of, or be relied on in connection with, any contract.

The information and opinions on this site have been compiled from sources believed to be reliable as at the date of publication. However, such information and opinions are subject to change and are to be used for background purposes only. We, our affiliates and our third-party service providers do not accept any responsibility for any reliance placed on any information or opinions which are expressed herein and expressly exclude any liability and responsibility arising from any reliance placed on such materials and information by any visitor to our site, or by anyone who may be informed of any of its contents, for (i) the accuracy, validity, timeliness, merchantability or completeness of, any information or data (whether prepared by us or by any third party) for any particular purpose or use or that the information or data will be free from error and (ii) any direct, indirect or consequential loss or damage of any kind incurred by any visitor to our site, or by anyone who may be informed of any of its contents, in connection with our site or in reliance on the information or opinions contained in it, or in connection with the use, inability to use, or results of the use of our site or any websites linked to it or materials posted on it. This does not affect our liability for any loss or damage which cannot be excluded or limited under applicable law.

The internet is not a completely reliable transmission medium and neither we nor any of our affiliates accept any liability for any data transmission errors such as data loss or damage or alteration of any kind or for the security or confidentiality of information transmitted across the internet to or from us or any of our affiliates. Any such transmission of information is entirely at your own risk.

Third Party Terms

You acknowledge by using our site that you may be using derived data based on data in which a third party or its affiliates or its third party suppliers, as applicable, have proprietary rights ("Data"). "Derived Data" in this context means data created by Coremont as a result of combining, processing, changing, converting or calculating the Data or any portion thereof with other data where the resultant data (i) does not bear resemblance to the underlying Data; (ii) cannot be readily reverse engineered, disassembled or decompiled such that a third-party may access the Data via the Derived Data; (iii) cannot be used in a manner which could be a source of, or a substitute for Data provided by the third party, (iv) cannot be used in whole or in part in a manner which competes with the third party or its affiliates; or (v) cannot be used for constructing, creating or calculating the value of any index or indexed products. For further information, please see our Third Party Terms.

Linked websites

Should you leave our site via a link contained within our site and view content that is not provided by us, you do so at your own risk. We provide links only as a convenience and without liability. In particular, and without limitation, you understand and agree that the ability to link to another website and the fact that a link exists does not mean that we endorse or guarantee such site, the site sponsor or the site contents. The content which you access via such links will not have been developed, checked for accuracy, or otherwise reviewed by us. We make no guarantees or representations as to, and shall have no liability for, any electronic content delivered by any third party, including, without limitation, the accuracy, subject matter, quality, sequence or timeliness of any electronic content. Your reliance on any information contained on any site reached through a link shall be your own responsibility. When you leave our site, unless otherwise indicated, you will be subject to the terms of use and privacy policies of the new website which you are visiting. If you reached our site via a link, please be advised that the ability to link to our site and the fact that a link exists does not mean that we necessarily endorse, support, sanction, encourage, verify, or agree with the comments, opinions, or statements posted on the website from which you linked to our site (the “Linking Site”). We are not responsible for any damages or losses arising from any delays, defects or omissions that may exist in the services, information or other content provided in the Linking Site. We make no guarantee or representation as to, and shall have no liability for, any content on any Linking Site, including, without limitation, the accuracy, subject matter, quality, sequence or timeliness of any such content.

Indemnity

You agree to indemnify, defend, and hold us, our affiliates and our officers, partners, employees, and agents harmless from and against any and all claims, liabilities, damages, losses, or expenses, including legal fees and costs, arising out of or in any way connected with your breach of the Terms of Use and/or access to or use of our site.

Intellectual property rights

We are the owner or the licensee of all intellectual property rights in our site, in the materials published on it, and in our services. Those works are protected by laws and treaties around the world. All such rights are reserved. You may use the materials on our site for your own reference only. Such materials may not be reproduced, distributed, stored in a data retrieval system or transmitted, in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without our prior written consent. Nothing on our site and no use of our services should be construed as granting any licence or right in relation to any of our trademarks or those of our affiliates or any third party.

Severability

If any specific term or condition of these Terms of Use is determined by a court of competent jurisdiction to be invalid, void or unenforceable, that determination shall not affect the validity of the remaining provisions of these Terms of Use. Headings used in these Terms of Use are for convenience, are not substantive and shall not be used to interpret or construe any of the provisions contained in these Terms of Use. When used in these Terms of Use the words “includes” and “including” shall be deemed to be followed by the phrase “without limitation”.

Data protection

As well as these Terms of Use, there are other terms which may apply to you. These include our Cookies and Privacy Policy, which can be found here.

By using the site, you agree to comply with all applicable laws relating to data privacy including but not limited to the collection, processing, use, retention, disclosure and the transfer of personal data.

Governing Law and Jurisdiction

These Terms of Use and any non-contractual obligations arising from or connected with them shall be governed by and shall be construed in accordance with English law. The English courts will have exclusive jurisdiction over any dispute arising from, or related to, use of our site (whether arising out of or in connection with contractual or non-contractual obligations) ('proceedings') and it is a condition of using our site that you waive any objection to proceedings in such courts on the grounds of venue or that proceedings have been brought in an inconvenient forum, although we retain the right to bring proceedings against you for breach of these Terms of Use in your country of residence or any other relevant country.

Third parties

For EEA Users: we shall have the benefit of the rights conferred on us by these Terms of Use, but otherwise no person who is not a party to these Terms of Use may enforce its terms under the Contracts (Rights of Third Parties) Act 1999.

Entire agreement

These Terms of Use (incorporating our Cookies and Cookies and Privacy Policy and Third Party Terms) and our Services Agreement shall form the entire agreement between you and us in relation to your use of our site.

Contact us

If you have any enquiries in relation to our site or the information on it, please contact compliance@coremont.com

Third Party Terms

CME Data Disclaimer

CME GROUP MARKET DATA IS USED UNDER LICENSE AS A SOURCE OF INFORMATION FOR CERTAIN COREMONT PRODUCTS. CME GROUP HAS NO OTHER CONNECTION TO COREMONT PRODUCTS AND SERVICES AND DOES NOT SPONSOR, ENDORSE, RECOMMEND OR PROMOTE ANY COREMONT PRODUCTS OR SERVICES. CME GROUP HAS NO OBLIGATION OR LIABILITY IN CONNECTION WITH THE COREMONT PRODUCTS AND SERVICES. CME GROUP DOES NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF ANY MARKET DATA LICENSED TO COREMONT AND SHALL NOT HAVE ANY LIABILITY FOR ANY ERRORS, OMISSIONS, OR INTERRUPTIONS THEREIN. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN CME GROUP AND COREMONT.

ICE Data

Client acknowledges that by using the platform, they may utilise Derived Data based on data in which ICE Data LLP ("ICE Data") or its affiliates or its third party suppliers, as applicable, have proprietary rights ("Data"). ICE Data, its affiliates and its third party suppliers are third party beneficiaries of this disclaimer. The underlying Data in the Derived Data is sourced by ICE Data and its affiliates.

"Derived Data" in this context means data created by Coremont as a result of combining, processing, changing, converting or calculating the Data or any portion thereof with other data where the resultant data (i) does not bear resemblance to the underlying Data; (ii) cannot be readily reverse engineered, disassembled or decompiled such that a third-party may access the Data via the Derived Data; (iii) cannot be used in a manner which could be a source of, or a substitute for Data provided by ICE Data, (iv) cannot be used in whole or in part in a manner which competes with ICE Data or its affiliates; or (v) cannot be used for constructing, creating or calculating the value of any index or indexed products.

Disclaimer of Warranties

CLIENT ACKNOWLEDGES AND AGREES THAT THE DATA IS PROVIDED "AS IS" AND ICE DATA, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY SUPPLIERS HEREBY EXPRESSLY DISCLAIM ANY AND ALL REPRESENTATIONS AND WARRANTIES OF EVERY KIND, EXPRESS AND/OR IMPLIED, INCLUDING WITHOUT LIMITATION ANY WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR USE, TITLE OR NON-INFRINGEMENT, AS TO THE DATA, INCLUDING THE INFORMATION, CONTENT, DATA, DERIVED DATA OR PRODUCTS CONTAINED THEREIN OR THE RESULTS OBTAINED OR DERIVED THEREFROM BY THEIR USE, AND AS TO THE PERFORMANCE THEREOF. NEITHER ICE DATA, ITS AFFILIATES NOR THEIR RESPECTIVE THIRD PARTY SUPPLIERS GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE DATA OR ANY COMPONENT THEREOF.

ICE DATA, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY SUPPLIERS SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, INTERRUPTIONS, MALFUNCTIONS OR DELAYS IN THE DATA. FURTHER, ICE DATA, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY SUPPLIERS SHALL NOT BE LIABLE FOR ANY CLAIMS AGAINST CLIENT BY THIRD PARTIES.

Acknowledgements

Client agrees that the Data is a product of the selection, coordination, arrangement, and editing of ICE Data and its affiliates and that such efforts involve the considerable expenditure by ICE Data and its affiliates of time, effort, creativity, money and judgment. Client recognizes that ICE Data and its affiliates are the rightful owners of the Data, its components and methods of calculation, and the ICE trade names, trademarks and services marks ("ICE Marks"), together with all rights, titles and interests therein, including but not limited to all intellectual property rights and other proprietary rights; and that all such rights, titles and interests in and to the Data, and any of its components and methods of calculation, and the ICE Marks, are valid, subsisting and enforceable. No license is granted to Client to calculate, or otherwise replicate the Data.

Client agrees that it shall not, directly or indirectly, do or cause to be done any act which may in any way jeopardize or adversely affect the validity or enforceability of, or otherwise infringe or misappropriate, any rights, titles and interests of ICE Data in and to the Data, its components and methods of calculation, the ICE Marks or any intellectual property in respect thereof, including any trademark registrations.

Client further agrees that it will not oppose or contest any application by ICE Data and/or any of its affiliates to register the ICE Marks, or any application directed to any rights subsisting in the Data, its components and methods of calculation, in the United States or elsewhere, or any application for extension of such rights.

No rights are granted to Client with respect to the Data, its components and methods of calculation, the ICE Marks or any intellectual property rights in respect thereof.

Client shall not, directly or indirectly (a) use or register in the United States or in any other country any trademark (i) substantially similar to or confusing with any of the ICE Marks or (ii) for purposes of, or with the result of, diluting the ICE Marks, or (b) adopt, use, display, apply, advertise or register any corporate name, trade name, trademark, trade dress, domain name, universal resource locator (URL) or colour scheme which is the same as or confusingly similar to the ICE Marks.

without limitation, to translate, deconstruct, disassemble, decompile, reverse engineer or otherwise reduce the Data or any part or component thereof, whether to human readable form or otherwise, or to prepare derivative works based on the Data, except as expressly permitted herein. Client shall not incorporate the Data into any other products, systems or programs owned or operated by Client or any of its affiliates, except for the Derived Data, without the express written permission of ICE Data.

Client acknowledges the proprietary rights of ICE Data in the Data and ICE Marks.

Representations, Warranties and Indemnification

Client represents and warrants that Derived Data shall be used in accordance with all applicable legal requirements in all material respects and without violation of any third party intellectual property rights. Client will defend, indemnify, and hold harmless ICE Data and its affiliates, and its and their respective officers, directors, employees and agents against any and all claims, demands, actions, suits, proceedings or damages (including the reasonable costs of defence inclusive of attorneys' fees) arising from or relating to the Data and Derived Data and any acts or omissions of Client.

In addition, and without limiting any and all limitations of liability and disclaimers contained herein, ICE Data shall not be liable or responsible in any way for any damages, liability, losses or costs: (a) arising from reliance on any Data; (b) resulting from any delays, inaccuracies, errors or omissions in the Data or in the transmission thereof; (c) resulting from any threats or claims asserted by any third parties that Client's use of the Data is in violation of any of such third party's rights or rights of any other person or entity, including but not limited to misappropriation or infringement of any intellectual property rights; or (d) incurred as a result of the non-performance, interruption or termination for any reason whatsoever of access to the Data.

Limitation of Liability

THE TOTAL AMOUNT OF ICE DATA'S AND ITS AFFILIATES' LIABILITY FOR CLAIMS OR LOSSES BASED UPON, ARISING OUT OF, RESULTING FROM OR IN ANY WAY CONNECTED WITH THE DATA OR THIS DISCLAIMER OR BREACH OF THIS DISCLAIMER, WHETHER BASED UPON CONTRACT, TORT, WARRANTY, OR OTHERWISE, SHALL IN NO CASE EXCEED, IN THE AGGREGATE, FIVE HUNDRED THOUSAND DOLLARS ($500,000). THE ESSENTIAL PURPOSE OF THIS PROVISION IS TO LIMIT LIABILITY UNDER THIS DISCLAIMER. CLIENT AND ICE DATA UNDERSTAND AND AGREE THAT THIS LIMITATION REFLECTS A NEGOTIATED AND REASONABLE ALLOCATION OF RISK.

IHS Markit

Neither Markit, its affiliates nor any third party data or service provider makes any warranty, express or implied, as to the accuracy, non-infringement, completeness or timeliness of the data contained herewith nor as to the results to be obtained by recipients of the data. Neither Markit, its affiliates nor any third party data or service provider shall in any way be liable to any recipient of the data for any inaccuracies, errors or omissions in the Markit data, regardless of cause, or for any damages (whether direct or indirect) resulting there from.

Opinions, estimates and projections in this report do not reflect the opinions of Markit or its affiliates. Markit has no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.

Without limiting the foregoing, neither Markit, its affiliates nor any third party data or service provider shall have any liability whatsoever to you, whether in contract (including under an indemnity), in tort (including negligence), under a warranty, under statute or otherwise, in respect of any loss or damage suffered by you or any third party as a result of or in connection with any opinions, recommendations, forecasts, judgments, or any other conclusions, or any course of action determined, by you or any third party, whether or not based on the data, content, information or materials contained herein.

All intellectual property and other proprietary rights comprised in the Markit data are and shall be the exclusive property of Markit or its third party providers.

Except as otherwise expressly permitted by Markit in writing, the Markit data is made available to you under the condition that you shall (a) only be allowed to use the Markit data internally in the ordinary course of your business; (b) not use any Markit data to create books of records or for position level valuation purposes; (c) not redistribute, transfer, sub-license, rent, lend, transmit, sell, resell, re-circulate, repackage, lease, publish or otherwise re-distribute or make available, any of the Markit data; and (d) not use the Markit data in connection with designing, creating, improving, developing, providing, sponsoring, administering, calculating, pricing or otherwise supporting any database, index, risk, performance or other analytics or other financial product or service (including without limitation any model, algorithm, identifier, reference data, liquidity metric, pricing or valuation service or any trading platform or pre- or post-trade servicing platform or to store or create a historical database thereof).

Refinitiv Disclaimer

The "Information Product" is any data or service provided by Refinitiv. Refinitiv or its third party providers own and retain all rights, title and interest, including but not limited to copyright, trademarks, patents, database rights, trade secrets, know-how, and all other intellectual property rights or forms of protection of similar nature or having equivalent effect, anywhere in the world, in the Information Product and user is not granted any proprietary interest therein or thereto. The Information Product constitutes confidential and trade secrets of Refinitiv or its third party providers. Display, performance, reproduction, distribution of, or creation of derivative works or improvements from Information Product in any form or manner is expressly prohibited, except to the extent expressly permitted hereunder, or otherwise, with the prior written permission of Refinitiv.

User may use the Information Product for internal purposes only. User may copy, paste and distribute internally only an insubstantial amount of the data contained in the Information Product provided that: (a) the distribution is incidental to or supports user's business purpose; (b) the data is not distributed by user in connection with information vending or commercial publishing (in any manner or format whatsoever), not reproduced through the press or mass media or on the Internet; and (c) where practicable, clearly identifies Refinitiv or its third party providers as the source of the data. Data will be considered an "insubstantial amount" if such amount (a) has no independent commercial value; or (b) could not be used by the recipient as a substitute for any product or service (including any download service) provided by Refinitiv or a substantial part of it.

To the extent that the Information Product contains any third party data referred to in the General Restrictions/Notices page set forth on http://www.thomsonreuters.com/datause, the terms set forth on such General Restrictions/Notices page shall apply to user.

User acknowledges that access to certain elements of the Information Product may cease or may be made subject to certain conditions by Refinitiv or upon the instructions of the third party provider of those elements. Upon termination or expiration of this user license, all rights granted hereunder shall immediately terminate and user shall cease to use the Information Product and delete or destroy all copies thereof in its possession or control except to the extent required by applicable laws or regulations.

NEITHER REFINITIV NOR ITS THIRD PARTY PROVIDERS WARRANT THAT THE PROVISION OF THE INFORMATION PRODUCT WILL BE UNINTERRUPTED, ERROR FREE, TIMELY, COMPLETE OR ACCURATE, NOR DO THEY MAKE ANY WARRANTIES AS TO THE RESULTS TO BE OBTAINED FROM USE OF THE SAME. USE OF THE INFORMATION PRODUCT AND RELIANCE THEREON IS AT USER'S SOLE RISK. NEITHER REFINITIV NOR ITS THIRD PARTY PROVIDERS WILL IN ANY WAY BE LIABLE TO USER OR ANY OTHER ENTITY OR PERSON FOR THEIR INABILITY TO USE THE INFORMATION PRODUCT, OR FOR ANY INACCURACIES, ERRORS, OMISSIONS, DELAYS, COMPUTER VIRUS OR OTHER INFIRMITY OR CORRUPTION, DAMAGES, CLAIMS, LIABILITIES OR LOSSES, REGARDLESS OF CAUSE, IN OR ARISING FROM THE USE OF THE INFORMATION PRODUCT. THE INFORMATION PRODUCT IS PROVIDED ON AN "AS IS" BASIS AND WITHOUT WARRANTY OF ANY KIND. NO WARRANTIES EITHER EXPRESSED OR IMPLIED, INCLUDING BUT NOT LIMITED TO ANY IMPLIED WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, INFRINGEMENT OR OTHERWISE IS PROVIDED HEREUNDER. IN NO EVENT WILL REFINITIV OR ITS THIRD PARTY PROVIDERS BE LIABLE FOR ANY DAMAGES, INCLUDING WITHOUT LIMITATION DIRECT OR INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES, LOSSES OR EXPENSES ARISING IN CONNECTION WITH INFORMATION PRODUCT EVEN IF REFINITIV OR ITS THIRD PARTY PROVIDERS OR THEIR REPRESENTATIVES ARE ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, LOSSES OR EXPENSES. FURTHER, REFINITIV OR ITS PARTY PROVIDERS SHALL NOT BE LIABLE IN ANY MANNER FOR REDISTRIBUTOR'S PRODUCTS OR SERVICES.

The Refinitiv Kinesis Logo and Refinitiv are trademarks of Refinitiv and its affiliated companies in the United States and other countries and used herein under license.