Common use of Activities of SMC Clause in Contracts

Activities of SMC. The services of SMC rendered to the Company hereunder are not to be deemed to be exclusive. SMC is free to render such services to others and to have other businesses and interests. It is understood that directors, officers, employees and Shareholders of the Company are or may be or become interested in SMC, as officers, employees or otherwise and that partners, officers and employees of SMC and its counsel are or may be or become similarly interested in the Company, and that SMC may be or become interested in the Company as a shareholder or otherwise.

Appears in 18 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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Activities of SMC. The services of SMC rendered to the Company hereunder are not to be deemed to be exclusive. SMC is free to render such services to others and to have other businesses and interests. It is understood that directorsthe Company's, officers, employees and Shareholders of the Company are or may be or become interested in SMC, as officers, employees or otherwise and that partners, officers and employees of SMC and its counsel are or may be or become similarly interested in the Company, and that SMC may be or become interested in the Company as a shareholder Shareholder or otherwise.

Appears in 18 contracts

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

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