Common use of License; Use Clause in Contracts

License; Use. With respect to any software provided by the Custodian to a Fund in order for the Fund to transmit Electronic Instructions to the Custodian (the "Software"), the Custodian grants to such Fund a personal, nontransferable and nonexclusive license to use the Software solely for the purpose of transmitting Electronic Instructions to, and receiving communications from, the Custodian in connection with its account(s). Each Fund agrees not to sell, reproduce, lease or otherwise provide, directly or indirectly, the Software or any portion thereof to any third party, including any Intermediary, without prior written consent of the Custodian.

Appears in 14 contracts

Samples: Custody Agreement (Connecticut Daily Tax Free Income Fund Inc), Custody Agreement (Delafield Fund Inc), Custody Agreement (Daily Tax Free Income Fund Inc)

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