Common use of Rights of Ownership Clause in Contracts

Rights of Ownership. All computer programs and procedures employed or developed by or on behalf of SMC to perform services required to be provided by SMC under this Agreement are the property of SMC. All records and other data except such computer programs and procedures are the exclusive property of the Company and all such other records and data shall be furnished to the Company in appropriate form as soon as practicable after termination of this Agreement for any reason.

Appears in 17 contracts

Samples: Accounting and Administration Agreement (SBL Fund), Accounting and Administration Agreement (Security Income Fund /Ks/), Accounting and Administration Agreement (Security Income Fund /Ks/)

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Rights of Ownership. All computer programs and procedures employed or developed by or on behalf of SMC to perform services required to be provided by SMC bySMC under this Agreement are the property of SMC. All records and other data except such computer programs and procedures are the exclusive property of the Company and all such other records and data shall be furnished to the Company in appropriate form as soon as practicable after termination of this Agreement for any reason.

Appears in 16 contracts

Samples: Transfer Agency Agreement (Security Equity Fund), Transfer Agency Agreement (Security Income Fund /Ks/), Transfer Agency Agreement (Security Income Fund /Ks/)

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