Common use of Access and Display License Clause in Contracts

Access and Display License. The Trust hereby grants to PNC a worldwide, royalty-free, non-exclusive right and license to display through the Web Applications, and provide Financial Intermediaries access to, all portions of the Provided Information. Without limiting the generality of the foregoing, the license granted in this Section 7 shall include the right to (i) download and store, copy in on-line and off-line form, reformat, manipulate, distribute, publish, transmit, and display the Provided Information via the Web Applications; and (ii) permit Financial Intermediaries to access and use the Provided Information. The Trust shall have sole responsibility for imposing any desired use restrictions on Financial Intermediaries with respect to Services utilized via the Web Applications by providing notice to PNC. For example, if the Trust elects to participate in Web Applications’ service permitting Transactions, the Trust may notify PNC to restrict a particular Financial Intermediary from initiating Transactions via the Web Applications; provided, however, the Trust acknowledges that PNC does not have the ability, nor shall PNC be obligated hereunder, to restrict Transactions effected by a single natural person Financial Intermediary.

Appears in 3 contracts

Samples: Agency and Blue Sky Services Agreement (BB&T Variable Insurance Funds), Agency and Blue Sky Services Agreement (Bb&t Funds /), Transfer Agency and Blue Sky Services Agreement (Bb&t Funds /)

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Access and Display License. The Trust Fund hereby grants to PNC a worldwide, royalty-free, non-exclusive right and license to display through the Web Applications, and provide Financial Intermediaries access to, all portions of the Provided Information. Without limiting the generality of the foregoing, the license granted in this Section 7 8 shall include the right to (i) download and store, copy in on-line and off-line form, reformat, manipulate, and distribute, publish, transmit, and display the Provided Information via the Web Applications; and (ii) permit Financial Intermediaries to access and use the Provided Information. The Trust Fund shall have sole responsibility for imposing any desired use restrictions on Financial Intermediaries with respect to Services utilized via the Web Applications by providing notice to PNC. For example, if the Trust Fund elects to participate in the Web Applications’ service permitting Transactions, the Trust Fund may notify PNC to restrict a particular Financial Intermediary from initiating Transactions via the Web Applications; provided, however, the Trust Fund acknowledges that PNC does not have the ability, nor shall PNC be obligated hereunder, to restrict Transactions effected by a single natural person Financial Intermediary.

Appears in 2 contracts

Samples: Transfer Agency Services Agreement (PNC Advantage Funds), Transfer Agency Services Agreement (PNC Funds)

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Access and Display License. The Trust Fund hereby grants to PNC a worldwide, royalty-free, non-exclusive right and license to display through the Web Applications, and provide Financial Intermediaries access to, all portions of the Provided Information. Without limiting the generality of the foregoing, the license granted in this Section 7 shall include the right to (i) download and store, copy in on-line and off-line form, reformat, manipulate, and distribute, publish, transmit, and display the Provided Information via the Web Applications; and (ii) permit Financial Intermediaries to access and use the Provided Information. The Trust Fund shall have sole responsibility for imposing any desired use restrictions on Financial Intermediaries with respect to Services utilized via the Web Applications by providing notice to PNC. For example, if the Trust Fund elects to participate in Web Applications’ service permitting Transactions, the Trust Fund may notify PNC to restrict a particular Financial Intermediary from initiating Transactions via the Web Applications; provided, however, the Trust Fund acknowledges that PNC does not have the ability, nor shall PNC be obligated hereunder, to restrict Transactions effected by a single natural person Financial Intermediary.

Appears in 1 contract

Samples: Transfer Agency Services Agreement (Bridgeway Funds Inc)

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