Common use of Shared Data Clause in Contracts

Shared Data. For the purpose of operational efficiencies, including without limitation, trade settlement, proxy voting, trade reconciliation, performance reporting, on-line access and the like, Custodian, upon direction of the Principal’s appointed Manager, on occasion may send electronic trade, holdings, and or Principal’s information to third party vendors (“TPV”) who are agents of the aforementioned Manager. Principal’s appointed Manager is responsible for any due diligence and monitoring of TPV with whom they have contracted and Custodian shall have no obligation to do so.

Shared Data. For the purpose of operational efficiencies, including without limitation, limitation trade settlement, proxy voting, trade reconciliation, performance reporting, on-line access and the like, Custodian, upon direction of the Principal’s appointed Manager, on occasion may send electronic trade, holdings, and or Principal’s information to third party vendors (“TPV”) who are agents of the aforementioned Manager. Principal’s appointed Manager is responsible for any due diligence and monitoring of TPV with whom they have contracted and Custodian shall have no obligation to do so.

Shared Data. For the purpose of operational efficiencies, including without limitation, trade settlement, proxy voting, trade reconciliation, performance reporting, on-line access and the like, Custodian, upon direction of the Principal’s appointed Manager, on occasion may send electronic trade, holdings, and or Principal’s information to third party vendors (“TPV”) who are agents of the aforementioned Manager. Principal’s appointed Manager is responsible for any due diligence and monitoring of TPV with whom they have contracted and the Custodian shall have no obligation to do so.

Shared Data. For the purpose of operational efficiencies, including without limitation, trade settlement, proxy voting, trade reconciliation, performance performation reporting, on-line access and the like, Custodian, upon direction of the Principal’s 's appointed Manager, on occasion accosion may send electronic trade, holdings, and or Principal’s 's information to third party vendors (“TPV”) who are agents of the aforementioned Manager. Principal’s 's appointed Manager is responsible for any due diligence and monitoring of TPV with whom they have contracted and the Custodian shall have no obligation to do so.

Shared Data. For the purpose of operational efficiencies, including without limitation, trade settlement, proxy voting, trade reconciliation, performance reporting, on-line access and the like, Custodian, upon direction of the Principal’s appointed Manager, on occasion may send electronic trade, holdings, holdings and or Principal’s information to third party vendors (“TPV”) who are agents of the aforementioned Manager. Principal’s appointed Manager is responsible for any due diligence and monitoring of TPV with whom they have contracted and the Custodian shall have no obligation to do so.