Common use of PFPC System Clause in Contracts

PFPC System. PFPC Trust shall retain title to and ownership of any and all data bases, computer programs, screen formats, report formats, interactive design techniques, derivative works, inventions, discoveries, patentable or copyrightable matters, concepts, expertise, patents, copyrights, trade secrets, and other related legal rights utilized by PFPC Trust in connection with the services provided by PFPC Trust to the Funds. Notwithstanding the foregoing, PFPC Trust shall have no right, title or interest in any of the foregoing (including, without limitation, any databases) or in any information owned or used by a Fund or any of a Fund's Affiliates or furnished to PFPC Trust by a Fund or any of a Fund's Affiliates and all such rights, property and information shall remain vested in the Fund and/or the Fund's Affiliates. No rights or licenses to any of the foregoing rights, property or information are implied or granted under this Agreement.

PFPC System. PFPC Trust shall retain title to and ownership of any and all data bases, computer programs, screen formats, report formats, interactive design techniques, derivative works, inventions, discoveries, patentable or copyrightable matters, concepts, expertise, patents, copyrights, trade secrets, and other related legal rights developed by and utilized by PFPC Trust in connection with the services provided by PFPC Trust to the FundsFund. Notwithstanding the foregoing, PFPC Trust shall have no right, title or interest in any of the foregoing (including, without limitation, any databases) or in any information owned or used by a the Fund or any of a Fund's its or their Affiliates or furnished to PFPC Trust by a the Fund or any of a Fund's its or their Affiliates and all such rights, property and information shall remain vested in the Fund and/or the Fund's its or their Affiliates. No rights or licenses to any of the foregoing rights, property or information are implied or granted under this Agreement.