Common use of Dependent Service Modules Clause in Contracts

Dependent Service Modules. The expiration or termination of a Service Module will not terminate any other Service Module; provided, however, that a BTC Recipient may, upon termination of a Service Module, terminate any other Service Module to which it is a signatory that is, by its terms, dependent on the terminated Service Module, and in such event the BTC Recipient will be entitled to a refund of any amounts pre-paid for Services not yet rendered thereunder.

Appears in 10 contracts

Samples: Master Services Agreement (iShares Dow Jones-Ubs Roll Select Commodity Index Trust), Master Services Agreement (iShares U.S. ETF Trust), Master Services Agreement (iShares S&P GSCI Commodity-Indexed Investing Pool LLC)

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Dependent Service Modules. The expiration or termination of a Service Module will not terminate any other Service Module; provided, however, that a BTC BFA Recipient may, upon termination of a Service Module, terminate any other Service Module to which it is a signatory that is, by its terms, dependent on the terminated Service Module, and in such event the BTC BFA Recipient will be entitled to a refund of any amounts pre-paid for Services not yet rendered thereunder.

Appears in 3 contracts

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

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