Common use of Record Maintenance and Retention Clause in Contracts

Record Maintenance and Retention. State Street will maintain accurate, complete and up-to-date books and records relating to the Services in compliance with the State Street Laws and State Street known laws. The BTC Recipients will retain ownership of such books and records, with each BTC Recipient owning those books and records that pertain to the Services provided under the Service Modules to which such BTC Recipient is a party. State Street will report as soon as possible any matters that are reasonably likely to materially adversely affect performance of its record maintenance and retention obligations under the Service Modules. Unless prohibited by applicable Laws, State Street will maintain and provide access upon a BTC Recipient’s request to the records, documents and other information (other than any BTC Data or BTC Confidential Information returned by State Street in accordance herewith) required to comply with audit rights under the Service Modules until the later of: (a) ten (10) years after expiration or termination of the final Service Modules or such longer period required by a State Street known law; or (b) when pending matters relating to the applicable Service Modules (e.g., disputes) are closed or applicable statutes of limitations have lapsed.

Record Maintenance and Retention. State Street will maintain accurate, complete and up-to-date books and records relating to the Services in compliance with the State Street Laws and State Street known lawsKnown Laws. The BTC BFA Recipients will retain ownership of such books and records, with each BTC BFA Recipient owning those books and records that pertain to the Services provided under the Service Modules to which such BTC BFA Recipient is a party. State Street will report as soon as possible any matters that are reasonably likely to materially adversely affect performance of its record maintenance and retention obligations under the Service Modules. Unless prohibited by applicable Laws, State Street will maintain and provide access upon a BTC BFA Recipient’s request to the records, documents and other information (other than any BTC BFA Data or BTC BFA Confidential Information returned by State Street in accordance herewith) required to comply with audit rights under the Service Modules until the later of: (a) ten (10) years after expiration or termination of the final Service Modules or such longer period required by a State Street known lawKnown Law; or (b) when pending matters relating to the applicable Service Modules (e.g., disputes) are closed or applicable statutes of limitations have lapsed.

Record Maintenance and Retention. State Street will maintain accurate, complete and up-to-date books and records relating to the Services in compliance with the State Street Laws and State Street known lawsKnown Laws. The BTC Recipients will retain ownership of such books and records, with each BTC Recipient owning those books and records that pertain to the Services provided under the Service Modules to which such BTC Recipient is a party. State Street will report as soon as possible any matters that are reasonably likely to materially adversely affect performance of its record maintenance and retention obligations under the Service Modules. Unless prohibited by applicable Laws, State Street will maintain and provide access upon a BTC Recipient’s 's request to the records, documents and other information (other than any BTC Data or BTC Confidential Information returned by State Street in accordance herewith) required to comply with audit rights under the Service Modules until the later of: (a) ten (10) years after expiration or termination of the final Service Modules or such longer period required by a State Street known lawKnown Law; or (b) when pending matters relating to the applicable Service Modules (e.g., disputes) are closed or applicable statutes of limitations have lapsed.

Record Maintenance and Retention. State Street will maintain accurate, complete and up-to-date books and records relating to the Services in compliance with the State Street Laws and State Street known lawsKnown Laws. The BTC BGI Recipients will retain ownership of such books and records, with each BTC BGI Recipient owning those books and records that pertain to the Services provided under the Service Modules to which such BTC BGI Recipient is a party. State Street will report as soon as possible any matters that are reasonably likely to materially adversely affect performance of its record maintenance and retention obligations under the Service Modules. Unless prohibited by applicable Laws, State Street will maintain and provide access upon a BTC BGI Recipient’s 's request to the records, documents and other information (other than any BTC BGI Data or BTC BGI Confidential Information returned by State Street in accordance herewith) required to comply with audit rights under the Service Modules until the later of: (a) ten (10) years after expiration or termination of the final Service Modules or such longer period required by a State Street known lawKnown Law; or (b) when pending matters relating to the applicable Service Modules (e.g., disputes) are closed or applicable statutes of limitations have lapsed.