Common use of License of Data; Warranty; Termination of Rights Clause in Contracts

License of Data; Warranty; Termination of Rights. A. The valuation information and evaluations being provided to the Trust and Sponsor by Fund Services pursuant hereto (collectively, the “Data”) are being licensed, not sold, to the Trust and Sponsor. The Trust and Sponsor have a limited license to use the Data only for purposes necessary to valuing the Trust’s assets and reporting to regulatory bodies (the “License”). The Trust and Sponsor do not have any license nor right to use the Data for purposes beyond the intentions of this Agreement including, but not limited to, resale to other users or use to create any type of historical database. The License is non-transferable and not sub-licensable. The Trust’s and Sponsor’s right to use the Data cannot be passed to or shared with any other entity. The Trust and Sponsor acknowledge the proprietary rights that Fund Services and its suppliers have in the Data.

Appears in 5 contracts

Samples: Fund Accounting Servicing Agreement (ETF Managers Group Commodity Trust I), Fund Accounting Servicing Agreement (ConvexityShares Trust), Fund Accounting Servicing Agreement (ETF Managers Group Commodity Trust I)

AutoNDA by SimpleDocs

License of Data; Warranty; Termination of Rights. A. The valuation information and evaluations being provided to the Trust and Sponsor by Fund Services USBFS pursuant hereto (collectively, the “Data”) are being licensed, not sold, to the Trust and Sponsor. The Trust and Sponsor have a limited license to use the Data only for purposes necessary to valuing the Trust’s assets and reporting to regulatory bodies (the “License”). The Trust and Sponsor do not have any license nor right to use the Data for purposes beyond the intentions of this Agreement including, but not limited to, resale to other users or use to create any type of historical database. The License is non-transferable and not sub-licensable. The Trust’s and Sponsor’s right to use the Data cannot be passed to or shared with any other entity. The Trust and Sponsor acknowledge the proprietary rights that Fund Services USBFS and its suppliers have in the Data.

Appears in 3 contracts

Samples: Fund Accounting Servicing Agreement (Valkyrie Bitcoin Fund), Fund Accounting Servicing Agreement (Valkyrie Bitcoin Fund), Fund Accounting Servicing Agreement (Tidal Commodities Trust I)

License of Data; Warranty; Termination of Rights. A. The valuation information and evaluations being provided to the each Trust and Sponsor by Fund Services USBFS pursuant hereto (collectively, the “Data”) are being licensed, not sold, to the Trust. Each Trust and Sponsor. The Trust and Sponsor have has a limited license to use the Data only for purposes necessary to valuing the Trust’s assets assets, reporting to the Trust’s affiliates and parent company, and reporting to regulatory bodies (the “License”). The Trust and Sponsor Trusts do not have any license nor right to use the Data for purposes beyond the intentions of this Agreement including, but not limited to, resale to other users or use to create any type of historical database. The License is non-transferable and not sub-licensable. The A Trust’s and Sponsor’s right to use the Data cannot be passed to or shared with any other entity. The Each Trust and Sponsor acknowledge acknowledges the proprietary rights that Fund Services USBFS and its suppliers have in the Data.

Appears in 2 contracts

Samples: Fund Accounting Servicing Agreement (Eagle Series Trust), Fund Accounting Servicing Agreement (Eagle Series Trust)

License of Data; Warranty; Termination of Rights. A. The valuation information and evaluations valuations being provided to the Trust and Sponsor Administrator by Fund Services USBFS pursuant hereto (collectively, the “Data”) are is being licensed, not sold, to the Trust and SponsorAdministrator. The Trust and Sponsor have Administrator has a limited license to use the Data only for purposes necessary to valuing the TrustFund’s assets and reporting to regulatory bodies and the Fund’s stockholders (the “License”). The Trust and Sponsor do Administrator does not have any license nor right to use the Data for purposes beyond the intentions of this Agreement including, but not limited to, resale to other users or use to create any type of historical database. The License is non-transferable and not sub-licensable. The Trust’s and Sponsor’s right Administrator’sright to use the Data cannot be passed to or shared with any other entity. The Trust and Sponsor acknowledge Administrator acknowledges the proprietary rights that Fund Services USBFS and its suppliers have in the Data.

Appears in 1 contract

Samples: Fund Accounting Servicing Agreement (HPS Corporate Lending Fund)

AutoNDA by SimpleDocs

License of Data; Warranty; Termination of Rights. A. The Any valuation information and evaluations valuations received by Fund Services from independent pricing services being provided to the Trust and Sponsor Fund by Fund Services pursuant hereto (collectively, the “Data”) are is being licensed, not sold, to the Trust and SponsorFund. The Trust and Sponsor have Fund has a limited license to use the Data only for purposes necessary to valuing the TrustFund’s assets and reporting to regulatory bodies and the Fund’s stockholders (the “License”). The Trust and Sponsor do Fund does not have any license nor right to use the Data for purposes beyond the intentions of this Agreement including, but not limited to, resale to other users or use to create any type of historical database. The License is non-transferable and not sub-licensable. The Trust’s and SponsorFund’s right to use the Data cannot be passed to or shared with any other entity. The Trust and Sponsor acknowledge Fund acknowledges the proprietary rights that Fund Services and its suppliers have in the Data.

Appears in 1 contract

Samples: Fund Accounting Servicing Agreement (Muzinich BDC, Inc.)

License of Data; Warranty; Termination of Rights. A. The valuation information and evaluations being provided to the Trust and Sponsor on behalf of its Funds by Fund Services pursuant hereto (collectively, the “Data”) are being licensed, not sold, to the Trust and SponsorTrust. The Trust and Sponsor have has a limited license to use the Data only for purposes necessary to valuing the TrustFund’s assets and reporting to regulatory bodies (the “License”). The Trust and Sponsor do does not have any license nor right to use the Data for purposes beyond the intentions of this Agreement including, but not limited to, resale to other users or use to create any type of historical database. The License is non-transferable and not sub-licensable. The Trust’s and Sponsor’s right to use the Data cannot be passed to or shared with any other entity. The Trust and Sponsor acknowledge acknowledges the proprietary rights that Fund Services and its suppliers have in the Data.

Appears in 1 contract

Samples: Power Funds Trust (Mairs & Power Funds Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!