Benefits of Agreement; Assignment. (a) The terms and provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns, representatives, heirs and estate, as applicable. This Agreement shall not be assignable by ALPS without the express written consent of PDR. Any purported assignment in violation of the immediately preceding sentence shall be void and of no effect. (b) The Trust shall be a third-party beneficiary of this Agreement, entitled to receive the benefit of ALPS’s and the CCO’s services and to enforce the rights of PDR hereunder.
Appears in 3 contracts
Sources: Chief Compliance Officer Services Agreement (SPDR Dow Jones Industrial Average Etf Trust), Chief Compliance Officer Services Agreement (SPDR S&p 500 Etf Trust), Chief Compliance Officer Services Agreement (SPDR S&p Midcap 400 Etf Trust)