Common use of Media Destruction Clause in Contracts

Media Destruction. State Street will destroy removable media and any mobile device (such as discs, USB drives, DVDs, back-up tapes, laptops and PDAs) containing Client Data or use commercially reasonable efforts to render Client Data on such physical media unintelligible if such media or mobile device is no longer intended to be used. All backup tapes that are not destroyed must meet the level of protection described in this Security Schedule until destroyed.

Appears in 7 contracts

Samples: Custody Agreement (Strategic Trust), Transfer Agency and Service Agreement (American Beacon Select Funds), Custody Agreement (Lord Abbett Flexible Income Fund)

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Media Destruction. State Street will shall destroy removable media and any mobile device (such as discs, USB drives, DVDs, back-up tapes, laptops and PDAs) containing Client Data or use commercially reasonable efforts to render Client Data on such physical media unintelligible if such media or mobile device is no longer intended to be used. All backup tapes that are not destroyed must meet the level of protection described in this Security Schedule until destroyed.

Appears in 1 contract

Samples: Sub Administration Agreement (Varagon Capital Corp.)

Media Destruction. State Street will shall destroy removable media and any mobile device (such as discs, USB drives, DVDs, back-up tapes, laptops and PDAs) containing Client Data or use commercially reasonable efforts to render Client Data on such physical media unintelligible if such media or mobile device is no longer intended to be used. All backup tapes that are not destroyed must meet the level of protection described in this Security Schedule Addendum until destroyed.

Appears in 1 contract

Samples: Custody Agreement (Diamond Hill Securitized Credit Fund)

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Media Destruction. State Street will shall destroy removable media and any mobile device (such as discs, USB drives, DVDs, back-up tapes, laptops and PDAs) containing Client MFS Data or use commercially reasonable efforts to render Client MFS Data on such physical media unintelligible if such media or mobile device is no longer intended to be used. All backup tapes that are not destroyed must meet the level of protection described in this Security Schedule Addendum until destroyed.

Appears in 1 contract

Samples: Supplemental Agreement (MFS Series Trust I)

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