Personal Data Retention. The Client understands that AIX Registrar will use its Personal Data only as long as is necessary to implement, administer and manage recordkeeping of Securities held by the Client, or to comply with legal or regulatory obligations, including under tax and securities laws. The Client’s Personal Data shall in any case be withdrawn from AIX Registrar systems after 7 (seven) years after the end of this Agreement except for the Personal Data that AIX Registrar is required to keep for longer on the basis of specific legislation or in the event of ongoing litigation for which Personal Data shall be necessary.
Appears in 2 contracts
Sources: Registry Services Agreement, Registry Services Agreement
Personal Data Retention. The Client understands that AIX Registrar will use its Personal Data only as long as is necessary to implement, administer and manage recordkeeping of Securities Investment Objects held by the Client, or to comply with legal or regulatory obligations, including under tax and securities laws. The Client’s Personal Data shall in any case be withdrawn from AIX Registrar systems after 7 (seven) years after the end of this Agreement except for the Personal Data that AIX Registrar is required to keep for longer on the basis of specific legislation or in the event of ongoing litigation for which Personal Data shall be necessary.
Appears in 1 contract
Sources: Registry Services Agreement