Common use of License of Data; Warranty; Termination of Rights Clause in Contracts

License of Data; Warranty; Termination of Rights. A. The valuation information and valuations being provided to the Fund by USBFS pursuant hereto (collectively, the “Data”) is being licensed, not sold, to the Fund. The Fund has a limited license to use the Data only for purposes necessary to valuing the Fund’s assets and reporting to regulatory bodies and the Fund’s stockholders (the “License”). The Fund does not have any license nor right to use the Data for purposes beyond the intentions of this Agreement including, but not limited to, resale to other users or use to create any type of historical database. The License is non-transferable and not sub-licensable. The Fund’s right to use the Data cannot be passed to or shared with any other entity. The Fund acknowledges the proprietary rights that USBFS and its suppliers have in the Data.

Appears in 2 contracts

Samples: Master Servicing Agreement (Silver Point Specialty Lending Fund), Fund Accounting Servicing Agreement (Bdca Venture, Inc.)

AutoNDA by SimpleDocs

License of Data; Warranty; Termination of Rights. A. The Any valuation information and valuations received by Fund Services from independent pricing services being provided to the Fund by USBFS Fund Services pursuant hereto (collectively, the “Data”) is being licensed, not sold, to the Fund. The Fund has a limited license to use the Data only for purposes necessary to valuing the Fund’s assets and reporting to regulatory bodies and the Fund’s stockholders (the “License”). The Fund does not have any license nor right to use the Data for purposes beyond the intentions of this Agreement including, but not limited to, resale to other users or use to create any type of historical database. The License is non-transferable and not sub-licensable. The Fund’s right to use the Data cannot be passed to or shared with any other entity. The Fund acknowledges the proprietary rights that USBFS Fund Services and its suppliers have in the Data.

Appears in 1 contract

Samples: Fund Accounting Servicing Agreement (Muzinich BDC, Inc.)

License of Data; Warranty; Termination of Rights. A. The valuation information and valuations evaluations being provided to the Fund Trust by USBFS pursuant hereto (collectively, the “Data”) is are being licensed, not sold, to the FundTrust. The Fund Manager acknowledges on behalf of the Trust that the Trust has a limited license to use the Data only for purposes necessary to valuing the Fund’s Fund assets and reporting to regulatory bodies and the Fund’s stockholders (the “License”). The Fund Trust does not have any license nor right to use the Data for purposes beyond the intentions of this Agreement includingAgreement, including but not limited to, resale to other users or use to create any type of historical database. The License is non-transferable and not sub-licensable. The FundTrust’s right to use the Data cannot be passed to or shared with any other entity. The Fund Trust acknowledges the proprietary rights that USBFS and its suppliers have in the Data.

Appears in 1 contract

Samples: Fund Accounting Servicing Agreement (Skyline Funds)

License of Data; Warranty; Termination of Rights. A. The valuation information and valuations evaluations being provided to the Fund by USBFS pursuant hereto (collectively, the “Data”) is are being licensed, not sold, to the Fund. The Fund has a limited license to use the Data only for purposes necessary to valuing the Fund’s assets and reporting to regulatory bodies and the Fund’s stockholders (the “License”), its Board of Trustees and its shareholders. The Fund does not have any license nor right to use the Data for purposes beyond the intentions of this Agreement including, but not limited to, resale to other users or use to create any type of historical database. The License is non-transferable and not sub-licensable. The Fund’s right to use the Data cannot be passed to or shared with any other entity. The Fund acknowledges the proprietary rights that USBFS and its suppliers have in the Data.

Appears in 1 contract

Samples: Master Services Agreement (Babson Capital Global Short Duration High Yield Fund)

AutoNDA by SimpleDocs

License of Data; Warranty; Termination of Rights. A. The valuation information and valuations being provided to the Fund Administrator by USBFS pursuant hereto (collectively, the “Data”) is being licensed, not sold, to the FundAdministrator. The Fund Administrator has a limited license to use the Data only for purposes necessary to valuing the Fund’s assets and reporting to regulatory bodies and the Fund’s stockholders (the “License”). The Fund Administrator does not have any license nor right to use the Data for purposes beyond the intentions of this Agreement including, but not limited to, resale to other users or use to create any type of historical database. The License is non-transferable and not sub-licensable. The Fund’s right Administrator’sright to use the Data cannot be passed to or shared with any other entity. The Fund Administrator acknowledges the proprietary rights that USBFS and its suppliers have in the Data.

Appears in 1 contract

Samples: Fund Accounting Servicing Agreement (HPS Corporate Lending Fund)

License of Data; Warranty; Termination of Rights. A. The valuation information and valuations evaluations being provided to the Fund Funds by USBFS USBGFS pursuant hereto (collectively, the “Data”) is are being licensed, not sold, to the FundFunds. The Each Fund has a limited license to use the Data only for purposes necessary to valuing the Fund’s assets Assets and reporting to regulatory bodies and the Fund’s stockholders (the “License”). The Each Fund does not have any license nor right to use the Data for purposes beyond the intentions of this Agreement including, but not limited to, resale to other users or use to create any type of historical database. The License is non-transferable and not sub-licensable. The Each Fund’s right to use the Data cannot be passed to or shared with any other entity. The Fund Trust acknowledges the proprietary rights that USBFS USBGFS and its suppliers have in the Data.

Appears in 1 contract

Samples: Fund Accounting Servicing Agreement (Milliman Variable Insurance Trust)

Time is Money Join Law Insider Premium to draft better contracts faster.