Common use of Manner of Use Clause in Contracts

Manner of Use. Except as agreed to by the Parties from time to time, each Party may only use the other Party’s locations for the sole and exclusive purpose of providing or receiving the Services (as applicable), except that BTC Recipients may do so in order to exercise audit rights subject to and in accordance with the terms of this Agreement and the Service Modules. Any other uses are subject to the prior approval of the other Party, in its discretion. The limited rights granted under this Section 4.5 will not constitute a leasehold or other property interest in favor of the other Party. Any access to BTC Technology by State Street or a Subcontractor will be in accordance with applicable risk and control policies of the BTC Recipients.

Appears in 9 contracts

Samples: Master Services Agreement (iSHARES TRUST), Master Services Agreement (iShares U.S. ETF Trust), Master Services Agreement (iShares MSCI Russia Capped Index Fund, Inc.)

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Manner of Use. Except as agreed to by the Parties from time to time, each Party may only use the other Party’s locations for the sole and exclusive purpose of providing or receiving the Services (as applicable), except that BTC BFA Recipients may do so in order to exercise audit rights subject to and in accordance with the terms of this Agreement and the Service Modules. Any other uses are subject to the prior approval of the other Party, in its discretion. The limited rights granted under this Section 4.5 will not constitute a leasehold or other property interest in favor of the other Party. Any access to BTC BFA Technology by State Street or a Subcontractor will be in accordance with applicable risk and control policies of the BTC BFA Recipients.

Appears in 3 contracts

Samples: Master Services Agreement (iSHARES TRUST), Master Services Agreement (iSHARES INC), Master Services Agreement (iShares U.S. ETF Trust)

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Manner of Use. Except as agreed provided in Section 3.7 with respect to by the Parties from time to timestep-in rights, each Party may only use the other Party’s 's locations for the sole and exclusive purpose of providing or receiving the Services (as applicable), except that BTC Recipients may do so in order to exercise audit rights subject to and in accordance with the terms of this Agreement and the Service Modules. Any other uses are subject to the prior approval of the other Party, in its discretion. The limited rights granted under this Section 4.5 will not constitute a leasehold or other property interest in favor of the other Party. Any access to BTC Technology by State Street or a Subcontractor will be in accordance with applicable risk and control policies of the BTC Recipients.

Appears in 1 contract

Samples: Master Services Agreement (iShares MSCI Russia Capped Index Fund, Inc.)

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