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; provided, however, that the foregoing language shall not grant PFPC Trust any right, title or interest to the foregoing items to the extent the foregoing items have been given to PFPC Trust by the Funds or as otherwise agreed to between the parties.

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 each Fund. Notwithstanding the Funds; providedforegoing, however, that the foregoing language parties acknowledge each Fund shall not grant retain all ownership rights in Fund data which resides on the PFPC Trust any right, title or interest to the foregoing items to the extent the foregoing items have been given to PFPC Trust by the Funds or as otherwise agreed to between the partiessystem.

PFPC System. PFPC Trust shall retain title to and ownership of any and all data basesdatabases, 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; providedFund. Notwithstanding the foregoing, however, the parties acknowledge that the foregoing language Fund shall not grant retain all ownership rights in Fund data which reside on the PFPC Trust any right, title or interest to the foregoing items to the extent the foregoing items have been given to PFPC Trust by the Funds or as otherwise agreed to between the partiessystem.