These Terms and Conditions govern your access to and use of the website (the "Site") operated by BlackRock and of any information, text, graphics, documents, collateral, or other materials appearing on the Site ("Content"). By accessing or using the Site or Content, you agree to be bound by these Terms and Conditions.
Please also read the information located at the bottom of the Site's home page and Legal and Privacy web pages. The information explains some of the laws, regulations and restrictions applicable to the Site.
Neither the Site nor any of the Content is for distribution, and no aspect of either of the foregoing constitutes an offer to sell any securities, commodities or financial instruments or the solicitation of any offer to buy any securities, commodities or financial instruments and you agree not to offer or sell any such securities, commodities or financial instruments to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.
Framing the Site
You may not frame the Site and you agree not to do so under any circumstances. Framing as used here means combining the Site's web pages with your (or a third party's) web pages such that the pages (or any portion of them) appear together in a single browser window.
Linking the Site
BlackRock permits (and encourages) you to link directly to the Site, including web pages and Content-as limited by any other terms you have in place with BlackRock regarding branding or regarding the use of BlackRock names, logos, and trademarks-only if you comply with the following linking conditions ("Linking Conditions").
The link featured most prominently (the "Primary Link") must resolve to the BlackRock cash home page at www.blackrock.com/cash
, unaltered in any way;
The process must provide sufficient notice so that users will be aware that they have left your site;
Any link to the Site and any surrounding context on the linking site must not: (a) portray BlackRock or any of its affiliates, or their products or services, in a false, misleading, derogatory, or otherwise offensive manner; (b) deliver any Content in a framed environment or alter the layout, content, look, or feel of the Site; or (c) look and feel at all similar to the Site.
If you have created a Primary Link that conforms to these Linking Conditions, then you also may include one or more links-of no greater prominence than the Primary Link-to any internal or subsidiary page of the Site that is located one or several levels down from the homepages (known as "deep links"), provided, however, that all such deep links must be in close physical proximity to the Primary Link and must conform to the Linking Conditions. You will not maintain numerous or pervasive links to the Site.
All right, title, and interest in and to the Site and Content are and will remain the exclusive property of BlackRock or the party credited as the provider of the contents. The Site and Content are protected by copyright, trademark, and other laws, regulations, and international treaties. Adobe®, Acrobat®, Acrobat® Reader, and the Acrobat logo are trademarks of Adobe Systems Incorporated.
Except to the extent explicitly permitted above, you agree not to sell, copy, publish, distribute, transfer, modify, display, reproduce, create any derivative works, or use any trademarks or other intellectual property from the Site or the Content without the written consent of BlackRock.
You agree not to:
- Access, tamper with, or use non-public areas of the Site, BlackRock's computer systems, or the technical delivery systems of BlackRock's providers;
- Attempt to probe, scan, or test the vulnerability of any system or network or breach any security or authentication measures;
- Attempt to access or search the Site or Content with any engine, software, tool, agent, device, or mechanism other than the software or search agents provided by BlackRock or other generally available third party web browsers (such as Microsoft Internet Explorer or Mozilla Firefox);
- Attempt to decipher, decompile, disassemble, or reverse engineer any of the software used to provide the Site or Content; or
- Interfere with Site access by sending a virus, overloading, flooding, spamming, or mail-bombing the Site.
Guard Your User ID and Password
You are responsible for safeguarding the user ID and password that you use to access any secure areas of the Site. You agree to safeguard your user ID and password and not to disclose either to anyone outside your organization or to anyone in your organization who is not authorized by you to receive such information or has not agreed to abide by these Terms and Conditions. You agree to take sole responsibility for any activities or actions under your user ID and password, whether or not you have authorized such activities or actions. You agree to immediately notify us (1-888-204-3956) if: (1) you suspect unauthorized use of your user ID and password, (2) you do not receive a message that an order initiated by you through the Site has been received and/or confirmed, or (3) you receive any receipt of confirmation of an order that you did not place, or any similarly inaccurate or conflicting report or information. For so long as you fail to notify us of any unauthorized use of your user ID and password, we shall have no liability to you or persons claiming through you relating to an unauthorized order transmission or mishandled order.
The security of your confidential information depends in part on the security of the computer you use to communicate with www.blackrock.com/cash, the security you use to protect user IDs and passwords, and the security provided by your Internet access services provider. BlackRock is not responsible for the security of your Internet access services provider; you should review the security and privacy policies of your Internet access services provider carefully. Information that you access on the Site may be stored on your computer during your session for your convenience. If others have access to the computer you are using or to your User ID or password, they may be able to access this information. If you logged on to the Site at such a computer, then you should log off when you are done viewing information or whenever you leave the computer. BlackRock is not responsible for the security or privacy of information communicated to or from such a computer.
Compliance with Laws
The Site and the Content are not directed to nor intended for distribution, nor is the Site and Content intended for use by or publication to any person or entity in any jurisdiction or country where such use or publication would be contrary to local law or regulation. If such prohibitions apply to you, you must terminate your use of the Site. BlackRock makes no representations that the Content is appropriate for use in all locations, or that the transactions, securities, products, instruments, or services discussed on the Site are available or appropriate for sale or use in all jurisdictions or countries, or by all investors or counterparties.
Because of the global nature of the Internet, you agree to comply with all local rules, including all state, federal and other laws, rules, codes, and regulations of the country in which you reside and the country from which you access the Site, including without limitation, all laws, rules, codes, regulations, decrees, acts, orders, directives, legislation, bills, and statutes pertaining to tax, contracts, intellectual property, securities, e-commerce, banking, technology, computers, fraud, and privacy. In addition, you agree to comply with all applicable laws, rules, codes, and regulations regarding the transmission of technical data exported from the United States.
Internet Transmissions and Transactions
By engaging in a transaction online, you are confirming that you have reviewed (or have been provided sufficient access to) the applicable investment product's offering documents in their entirety and completed an account registration form and/or subscription agreement that has been accepted by the fund or its duly authorized agent, and the information you have provided continues to be accurate and complete.
Access to the Site may be limited or unavailable during periods of peak demand, market volatility, trading volumes, system performance, system upgrades or maintenance, or for other reasons. If the Site or online trading functionality is unavailable or delayed at any time, you agree to use alternative means to place your orders, such as contacting the appropriate entity listed in the applicable product's offering documents. You agree to plan now for such contingencies. Furthermore, Internet software or transmission problems may produce inaccurate or incomplete copies of information and materials that may be downloaded and displayed on your computer. BlackRock, its affiliates and service providers, will not be liable to you for transmission problems or if you are unable to access your account information or request a transaction through the Site.
When you use the Site to place a trade order, you acknowledge that your order may not be reviewed by a person before being processed for execution and you also will not have the opportunity to ask questions or otherwise interact with a person once the trade has been placed. By placing a trade order through the Site, you voluntarily agree to assume any added risk that may result from the lack of human review of your order in exchange for the potentially greater convenience of online trading. You agree that any orders transmitted on the Site under your user ID and password will be deemed to have been received from you. All orders shall be deemed to be made at the time received by the Site and in the form received.
These Terms and Conditions are the entire and exclusive agreement between BlackRock and you regarding the Site and Content and supersede and replace any prior agreements, written or oral, between BlackRock and you regarding the Site and Content.
In the event that any provision of these Terms and Conditions is held to be invalid or unenforceable, the remaining provisions of these Terms and Conditions will remain in full force and affect. The failure of either party to enforce any right or provision of these Terms and Conditions will not be deemed a waiver of such right or provision.
These Terms and Conditions and any action related thereto will be governed by the laws of the State of California without regard to its conflict of law provisions.
You agree to be bound by any affirmance, assent or agreement you transmit through the Site, including, but not limited to, any consent you give to receive communications from us solely through electronic transmission. You agree that, when you click on an "I accept," "I agree," "I consent" or other similarly worded "button" or entry field with your mouse, keystroke or other computer device, your agreement or consent will be legally binding and enforceable and the legal equivalent of your handwritten signature.
Each time you use the Site you are affirming the continuing accuracy of any representations and warranties that you have made to BlackRock or its affiliates.
Except as provided by law, neither BlackRock nor its third-party information providers and service providers has any responsibility to maintain the materials, products, or services offered on the Site or to supply corrections, updates, or releases for the same. BlackRock may cease providing the Site or update and change these Terms and Conditions at any time or frequency without notice to you, unless you are a registered user, in which case we will notify you when you next log in. You should review these Terms and Conditions each time you use the Site to make sure you agree to them. By using the Site or engaging in any of the activities described in these Terms and Conditions after changes have been made to these Terms and Conditions of Use, you are agreeing to accept and comply with those changes. BlackRock may terminate your access to and/or use of the Site at any time without prior notification. If you do not understand, accept, and agree to be bound by all of these Terms and Conditions, and any amendments or modifications thereto, you must discontinue your use of the Site.
Not for Public Distribution
Certain information on the Site is identified as not for public distribution and/or for institutional investors use only; you are responsible for complying with the confidentiality and distribution restrictions applicable to such information. In addition, you are responsible for ensuring the security and confidentiality of any information that you access on, or print from, the Site.
Third Party Websites
The Site contains links to third-party websites or resources. You acknowledge and agree that BlackRock is not responsible or liable for the availability, accuracy, or content of such websites or resources. Links to such websites or resources do not imply any endorsement by BlackRock.
Limitation of Liability
You acknowledge and agree that telephone network, computer network, or other telephone system problems, problems with the internet, system maintenance or upgrades, or other events beyond the reasonable control of BlackRock, its affiliates, third-party information providers or other service providers may affect adversely the availability of, or render unavailable, your account information and the transmission of such securities orders. Your access to, use of, and reliance on the Site and Content is at your own risk. BlackRock will have no responsibility for any (i) damage to your business or investments, (ii) impact on your or your customers' financial position, or (iii) other harm that results from your access to, use of, or reliance on the Site or Content.
IN NO EVENT WILL BLACKROCK BE LIABLE FOR ANY SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES, LOSSES, OR EXPENSES (INCLUDING, WITHOUT LIMITATION, LOST PROFITS, LOSS OF USE, LOSS OF DATA, OR LOSS OF GOODWILL), OR FOR THE COSTS OF PROCURING SUBSTITUTE PRODUCTS, ARISING OUT OF OR IN CONNECTION WITH (1) THE SITE OR CONTENT OR THE USE THEREOF OR INABILITY TO USE BY ANY PARTY OR (2) ANY FAILURE OF PERFORMANCE, ERROR, OMISSION, INTERRUPTION, DEFECT, DELAY IN OPERATION OR TRANSMISSION, COMPUTER VIRUS, OR LINE OR SYSTEM FAILURE, WHETHER IN ANY CASE SUCH LIABILITY ARISES FROM ANY CLAIM BASED UPON BREACH OF CONTRACT, BREACH OF WARRANTY, TORT (INCLUDING NEGLIGENCE), PRODUCT LIABILITY, OR OTHERWISE, AND EVEN IF BLACKROCK, OR REPRESENTATIVES THEREOF, ARE ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, LOSSES, OR EXPENSES.
BlackRock, its affiliates and service providers and any other person involved in transmitting information will not be liable for any loss, including but not limited to a loss that results in whole or part from: (1) the failure or inadequacy of electronic or mechanical equipment or communication lines; (2) telephone or other interconnect problems; (3) bugs, errors, configuration problems or the incompatibility of computer hardware or software; (4) the failure or unavailability of Internet access; (5) problems with Internet service providers or other equipment or services relating to your computer or network; (6) problems with intermediate computer or communications networks or facilities; (7) problems with data transmission facilities or your telephone, cable or wireless service; (8) system maintenance or system upgrades; (9) directly or indirectly, the acts of third parties; (10) damages, changes, or omissions that occur during transmission of information and materials; or (11) any other events that are beyond the reasonable control of BlackRock, its affiliates, third-party information providers or other service providers involved in providing the electronic services on or through the Site, including but not limited to unauthorized access, theft, operator errors, severe weather, earthquakes, other natural disasters or labor disputes. BlackRock, its affiliates and service providers are also not liable for any damage to your computer, software, modem, telephone, wireless device or other property resulting in any way from your use of the Site.
You agree and acknowledge that BlackRock has agreed to make the Site available and has entered into these Terms and Conditions in reliance upon the limitations of liability specified herein.
Warranty Disclaimers and Proprietary Rights Notice
YOU EXPRESSLY UNDERSTAND AND AGREE THAT:
THE SITE AND ALL CONTENT ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. TO THE FULL EXTENT PERMITTED UNDER APPLICABLE LAW, BLACKROCK AND ITS AFFILIATES, SUBSIDIARIES, DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, LICENSORS, AND ANY THIRD-PARTY INFORMATION PROVIDERS AND VENDORS EXPRESSLY DISCLAIM ALL WARRANTIES TO YOU AND ANY THIRD PARTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION, ANY IMPLIED WARRANTIES OF TITLE, MERCHANTABILITY, NONINFRINGEMENT, AND FITNESS FOR A PARTICULAR PURPOSE, AND ALL WARRANTIES REGARDING SECURITY, CURRENCY, CORRECTNESS, QUALITY, ACCURACY, COMPLETENESS, RELIABILITY, PERFORMANCE, TIMELINESS, OR CONTINUED AVAILABILITY, WITH RESPECT TO (I) THE SITE AND CONTENT; (II) ANY MATERIALS, PRODUCTS, OR SERVICES AVAILABLE ON OR THROUGH THE SITE; (III) USE OF THE SITE, MATERIALS, PRODUCTS, OR SERVICES; (IV) THE RESULTS OF THE USE OF THE SITE, MATERIALS, PRODUCTS, OR SERVICES; (V) FREEDOM FROM COMPUTER VIRUSES; AND (VI) ANY DELAYS OR ERRORS IN THE TRANSMISSION OR DELIVERY OF ANY MATERIALS, PRODUCTS, OR SERVICES AVAILABLE THROUGH THE SITE. NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN, OBTAINED FROM BLACKROCK (OUTSIDE OF A FORMAL WRITTEN AGREEMENT) OR THROUGH THE SITE OR CONTENT WILL CREATE ANY WARRANTY NOT EXPRESSLY MADE IN THESE TERMS AND CONDITIONS.
TO THE EXTENT ANY JURISDICTION DOES NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES, SOME OF THE ABOVE EXCLUSIONS MAY NOT APPLY TO YOU. THIS WARRANTY GIVES YOU SPECIFIC LEGAL RIGHTS, AND YOU MAY HAVE OTHER RIGHTS, WHICH VARY FROM JURISDICTION TO JURISDICTION.
Suitability of Investments
The investments and strategies discussed in the Content may not be suitable for all investors and are not obligations of BlackRock or guaranteed by BlackRock. The investments are not bank deposits and are not insured by the FDIC or any other entity and are subject to investment risks, including loss of the principal amount invested. You agree that you are responsible for determining the nature, potential value and suitability for you of any particular investment strategy, transaction or security.
THE INFORMATION PROVIDED IN ANY SERVICE OR ON THE SITE IS NOT FINANCIAL OR LEGAL ADVICE. BLACKROCK AND ITS AFFILIATES MAKE NO REPRESENTATION REGARDING THE ACCURACY OR IMPORTANCE OF ANY SERVICES. THE INFORMATION PROVIDED IN THE ACCOUNT STATEMENTS AND INFORMATION REGARDING SECURITIES OFFERINGS SHOULD NOT BE VIEWED AS SECURITIES ADVICE FROM BLACKROCK AND YOU ARE RESPONSIBLE FOR ALL OF THE INVESTMENT DECISIONS FOR YOUR ACCOUNT. INFORMATION RECEIVED VIA THE SITE OR THE SERVICES IS FOR INFORMATIONAL PURPOSES AND SHOULD NOT BE RELIED UPON FOR PERSONAL, LEGAL OR FINANCIAL DECISIONS AND, TO THE EXTENT NECESSARY, YOU SHOULD CONSULT AN APPROPRIATE PROFESSIONAL FOR SPECIFIC ADVICE TAILORED TO YOUR SITUATION. ANY CONTENT AVAILABLE ON THE SITE IS PROVIDED SOLELY FOR INFORMATIONAL PURPOSES. THE CONTENT DOES NOT ATTEMPT OR CLAIM TO BE A COMPLETE DESCRIPTION OF THE SECURITIES, MARKETS, OR DEVELOPMENTS REFERRED TO ON THE SITE. ALL EXPRESSIONS OF OPINION ARE SUBJECT TO CHANGE WITHOUT NOTICE. THE CONTENT IS OBTAINED FROM SOURCES WHICH BLACKROCK CONSIDERS RELIABLE, BUT BLACKROCK HAS NOT INDEPENDENTLY VERIFIED SUCH INFORMATION AND BLACKROCK DOES NOT GUARANTEE THAT IT IS ACCURATE OR COMPLETE.