Common use of Equipment, System Implementation and Access Clause in Contracts

Equipment, System Implementation and Access. The Fund is responsible for acquiring, installing and maintaining the data processing and related equipment necessary to properly operate the Software. PFPC and Fund shall (a) within a reasonable time after the Effective Date, agree upon the tasks required to implement the Software, Third Party Software and Equipment ("SYSTEM") and the party responsible and time frames for each task; (b) perform their respective assigned tasks; and (c) if not the party assigned to a task, cooperate with the responsible party. The Fund shall give reasonable and safe access to the System to PFPC, PFPC's employees, affiliates, representatives, agents, contractors, licensors and suppliers ("PFPC'S AGENTS") who are providing services under the Agreement or auditing adherence to the Agreement.