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 Fund (collectively, "PFPC System Elements"). To the extent that PFPC System Elements are incorporated in any work product produced for the Fund, PFPC Trust hereby grants a non-exclusive, royalty-free and non-transferable license to use for its internal purposes the PFPC System Elements in the form provided to the Fund.

Appears in 2 contracts

Samples: Custodian Services Agreement (Excelsior Private Equity Fund Ii Inc), Custodian Services Agreement (Ust Private Equity Investors Fund Inc)

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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 Fund (collectively, "PFPC System Elements"). To the extent that PFPC System Elements are incorporated in any work product produced for the Fund, PFPC Trust hereby grants a non-exclusive, royalty-free and non-transferable license to use for its internal purposes the PFPC System Elements in the form provided to the Fund.

Appears in 2 contracts

Samples: Administration, Accounting and Investor Services Agreement (Excelsior Venture Partners Iii LLC), Administration, Accounting and Investor Services Agreement (Excelsior Venture Partners Fund Iii LLC)

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 Fund (collectively, collectivelly "PFPC System Elements"). To the extent that PFPC System Elements are incorporated in any work product produced for the Fund, PFPC Trust hereby grants a non-exclusive, royalty-free and non-transferable license to use for its internal purposes the PFPC System Elements in the form provided to the Fund.

Appears in 2 contracts

Samples: Transfer Agency Services Agreement (Ust Private Equity Investors Fund Inc), Transfer Agency Services Agreement (Excelsior Private Equity Fund Ii Inc)

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 owned or licensed and utilized by PFPC Trust in connection with the services provided by PFPC Trust to the Fund (collectively, "PFPC System Elements"). To the extent that PFPC System Elements are incorporated in into any work product produced for the Fund, PFPC Trust hereby grants a non-exclusive, royalty-free and non-transferable license to use for its internal purposes the PFPC System Elements in the form provided to the Fund.

Appears in 1 contract

Samples: Administration, Accounting and Investor Services Agreement (Excelsior Buyout Investors LLC)

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 owned or licensed and utilized by PFPC Trust in connection with the services provided by PFPC Trust to the Fund (collectively, "PFPC System Elements"). To the extent that PFPC System Elements are incorporated in any work product produced for the Fund, PFPC Trust hereby grants a non-exclusive, royalty-free and non-transferable license to use for its internal purposes the PFPC System Elements in the form provided to the Fund.

Appears in 1 contract

Samples: Custodian Services Agreement (Excelsior Buyout Investors LLC)

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 Fund (collectively, "PFPC System Elements"). To the extent that PFPC System Elements are incorporated in any work product produced for the Fund, PFPC Trust hereby grants a non-exclusive, royalty-free and non-transferable license to use for its internal purposes the PFPC System Elements in the form provided to the Fund.

Appears in 1 contract

Samples: Custodian Services Agreement (Excelsior Venture Partners Fund Iii LLC)

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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 Fund (collectively, "PFPC System Elements"). To the extent that PFPC System Elements are incorporated in any work product produced for the Fund, PFPC Trust hereby grants a non-exclusive, royalty-free and non-transferable license to use for its internal purposes the PFPC System Elements in the form provided to the Fund.

Appears in 1 contract

Samples: Custodian Services Agreement (Excelsior Venture Partners Iii LLC)

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 owned or licensed and utilized by PFPC Trust in connection with the services provided by PFPC Trust to the Fund (collectively, "PFPC System Elements"). To the extent that PFPC System Elements are incorporated in into any work product produced for the Fund, PFPC Trust hereby hereby grants a non-exclusive, royalty-free and non-transferable license to use for its internal purposes the PFPC System Elements in the form provided to the Fund.

Appears in 1 contract

Samples: Administration, Accounting and Investor Services Agreement (Excelsior Corporate Finance Investors LLC)

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 owned or licensed and utilized by PFPC Trust in connection with the services provided by PFPC Trust to the Fund (collectively, "PFPC System Elements"). To the extent that PFPC System Elements are incorporated in any work product produced for the Fund, PFPC Trust hereby grants a non-exclusive, royalty-free and non-transferable license to use for its internal purposes the PFPC System Elements in the form provided to the Fund.

Appears in 1 contract

Samples: Custodian Services Agreement (Excelsior Buyout Investors LLC)

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