Common use of Retention and deletion Clause in Contracts

Retention and deletion. On closure of Accounts or termination of the provision of the services under the Agreement, each of the Client and Custodian Recipients shall be entitled to retain and use the other party’s Confidential Information, subject to the confidentiality and security obligations herein, for legal, regulatory, audit and internal compliance purposes and in accordance with their internal records management policies to the extent that this is permissible under applicable laws and regulations, but shall otherwise securely destroy or delete such Confidential Information.

Appears in 4 contracts

Samples: Global Custodial and Agency Services Agreement (ETF Opportunities Trust), Global Custodial and Agency Services Agreement (Collaborative Investment Series Trust), Global Custodial and Agency Services Agreement (Timothy Plan)

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Retention and deletion. On closure of Accounts or termination of the provision of the services under the Agreement, each of the Client and Custodian Recipients shall be entitled to retain and use the other party’s 's Confidential Information, subject to the confidentiality and security obligations herein, for legal, regulatory, audit and internal compliance purposes and in accordance with their internal records management policies to the extent that this is permissible under applicable laws and regulations, but shall otherwise securely destroy or delete such Confidential Information.

Appears in 1 contract

Samples: Global Custodial Services Agreement (Usaa Mutual Funds Trust)

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