Common use of Data Processing System, Program and Information Clause in Contracts

Data Processing System, Program and Information. (a) The Investment Company shall not, solely by virtue of this Agreement, obtain any rights, title and interest in and to the computer systems and programs, including all related documentation, employed by FTIS in connection with rendering services hereunder; provided however, that the records prepared, maintained and preserved by FTIS pursuant to this Agreement shall be the property of the Investment Company.

Appears in 197 contracts

Samples: Transfer Agent and Shareholder Services Agreement (Franklin Strategic Mortgage Portfolio), Transfer Agent and Shareholder Services Agreement (Franklin Custodian Funds), Transfer Agent and Shareholder Services Agreement (Franklin New York Tax Free Trust)

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Data Processing System, Program and Information. (a) The Investment Company shall not, solely by virtue of this Agreement, obtain any rights, title and interest in and to the computer systems and programs, including all related documentation, employed by FTIS in connection with rendering services hereunder; provided however, that the records prepared, maintained and preserved by FTIS pursuant to this Agreement shall be the property of the Investment Company.

Appears in 1 contract

Samples: Transfer Agent and Shareholder Services Agreement (Franklin Gold & Precious Metals Fund)

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Data Processing System, Program and Information. (a) The Investment Company shall not, solely by virtue of this Agreement, obtain any rights, title and interest in and to the computer systems and programs, including all related documentation, employed by FTIS in connection with rendering services hereunder; provided however, that the records prepared, maintained and preserved by FTIS pursuant to this Agreement shall be the property of the Investment Company.. # 3076602 v. 1

Appears in 1 contract

Samples: Agent and Shareholder Services Agreement (Franklin Municipal Securities Trust)

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