Common use of RIGHTS OF OWNERSHIP; RETURN OF RECORDS Clause in Contracts

RIGHTS OF OWNERSHIP; RETURN OF RECORDS. All records and other data except computer programs and procedures developed to perform services required to be provided by CQFS are the exclusive property of the Trust and all such records and data will be furnished to the Trust in appropriate form as soon as practicable after termination of this Agreement for any reason. CQFS may at its option at any time, and shall promptly upon the Trust's demand, turn over to the Trust and cease to retain CQFS's files, records and documents created and maintained by CQFS pursuant to this Agreement which are no longer needed by CQFS in the performance of its services or for its legal protection. If not so turned over to the Trust, such documents and records will be retained by CQFS for six years from the year of creation. At the end of such six-year period, such records and documents will be turned over to the Trust unless the Trust authorizes in writing the destruction of such records and documents. If destruction of documents is authorized by the Trust, CQFS shall provide reasonable proof of such destruction to the Trust.

Appears in 7 contracts

Samples: Mutual Fund Services Agreement (Timothy Plan), Mutual Fund Services Agreement (Henssler Funds Inc), Mutual Fund Services Agreement (Penn Street Fund Inc)

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RIGHTS OF OWNERSHIP; RETURN OF RECORDS. All records and other data except computer programs and procedures developed to perform services required to be provided by CQFS are the exclusive property of the Trust Fund and all such records and data will be furnished to the Trust Fund in appropriate form as soon as practicable after termination of this Agreement for any reason. CQFS may at its option at any time, and shall promptly upon the TrustFund's demand, turn over to the Trust Fund and cease to retain CQFS's files, records and documents created and maintained by CQFS pursuant to this Agreement which are no longer needed by CQFS in the performance of its services or for its legal protection. If not so turned over to the TrustFund, such documents and records will be retained by CQFS for six years from the year of creation. At the end of such six-year period, such records and documents will be turned over to the Trust Fund unless the Trust Fund authorizes in writing the destruction of such records and documents. If destruction of documents is authorized by the TrustFund, CQFS shall provide reasonable proof of such destruction to the TrustFund.

Appears in 2 contracts

Samples: Mutual Fund Services Agreement (Noah Investment Group Inc), Mutual Fund Services Agreement (Fairholme Funds Inc)

RIGHTS OF OWNERSHIP; RETURN OF RECORDS. All records and other data except computer programs programs, whether or not customized, and procedures developed to perform services required to be provided by CQFS are the exclusive property of the Trust and all such records and data will be furnished to the Trust in appropriate form as soon as practicable after termination of this Agreement for any reason. CQFS may at its option at any time, and shall promptly upon the Trust's demand, turn over to the Trust and cease to retain CQFS's files, records and documents created and maintained by CQFS pursuant to this Agreement which are no longer needed by CQFS in the performance of its services or for its legal protection. If not so turned over to the Trust, such documents and records will be retained by CQFS for six years from the year of creation. At the end of such six-year period, such records and documents will be turned over to the Trust unless the Trust authorizes in writing the destruction of such records and documents. If destruction of documents is authorized by the Trust, CQFS shall provide reasonable proof of such destruction to the Trust. The Trust shall indemnify CQFS pursuant to Article 8 against all claims arising from CQFS' acquiescence to this instruction.

Appears in 2 contracts

Samples: Mutual Fund Services Agreement (Community Reinvestment Act Qualified Investment Fund), Mutual Fund Services Agreement (Community Reinvestment Act Qualified Investment Fund)

RIGHTS OF OWNERSHIP; RETURN OF RECORDS. All records and other data except computer programs programs, whether or not customized, and procedures developed to perform services required to be provided by CQFS CMFS are the exclusive property of the Trust and all such records and data will be furnished to the Trust in appropriate form as soon as practicable after termination of this Agreement for any reason. CQFS CMFS may at its option at any time, and shall promptly upon the Trust's demand, turn over to the Trust and cease to retain CQFSCMFS's files, records and documents created and maintained by CQFS CMFS pursuant to this Agreement which are no longer needed by CQFS CMFS in the performance of its services or for its legal protection. If not so turned over to the Trust, such documents and records will be retained by CQFS CMFS for six years from the year of creation. At the end of such six-year period, such records and documents will be turned over to the Trust unless the Trust authorizes in writing the destruction of such records and documents. If destruction of documents is authorized by the Trust, CQFS CMFS shall provide reasonable proof of such destruction to the Trust. The Trust shall indemnify CMFS pursuant to Article 8 against all claims arising from CMFS' following this instruction.

Appears in 1 contract

Samples: Mutual Fund Services Agreement (Memorial Funds)

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RIGHTS OF OWNERSHIP; RETURN OF RECORDS. All records and other data except computer programs programs, whether or not customized, and procedures developed to perform services required to be provided by CQFS CMFS are the exclusive property of the Trust and all such records and data will be furnished to the Trust in appropriate form as soon as practicable after termination of this Agreement for any reason. CQFS CMFS may at its option at any time, and shall promptly upon the Trust's demand, turn over to the Trust and cease to retain CQFSCMFS's files, records and documents created and maintained by CQFS CMFS pursuant to this Agreement which are no longer needed by CQFS CMFS in the performance of its services or for its legal protection. If not so turned over to the Trust, such documents and records will be retained by CQFS CMFS for six years from the year of creation. At the end of such six-year period, such records and documents will be turned over to the Trust unless the Trust authorizes in writing the destruction of such records and documents. If destruction of documents is authorized by the Trust, CQFS CMFS shall provide reasonable proof of such destruction to the Trust. The Trust shall indemnify CMFS pursuant to Article 8 against all claims arising from CMFS’ following this instruction.

Appears in 1 contract

Samples: Mutual Fund Services Agreement (Memorial Funds)

RIGHTS OF OWNERSHIP; RETURN OF RECORDS. All records and other data except computer programs programs, whether or not customized, and procedures developed to perform services required to be provided by CQFS are the exclusive property of the Trust and all such records and data will be furnished to the Trust in appropriate form as soon as practicable after termination of this Agreement for any reason. CQFS may at its option at any time, and shall promptly upon the Trust's demand, turn over to the Trust and cease to retain CQFS's files, records and documents created and maintained by CQFS pursuant to this Agreement which are no longer needed by CQFS in the performance of its services or for its legal protection. If not so turned over to the Trust, such documents and records will be retained by CQFS for six years from the year of creation. At the end of such six-year period, such records and documents will be turned over to the Trust unless the Trust authorizes in writing the destruction of such records and documents. If destruction of documents is authorized by the Trust, CQFS shall provide reasonable proof of such destruction to the Trust. The Trust shall indemnify CQFS pursuant to Article 8 against all claims arising from CQFS' following this instruction.

Appears in 1 contract

Samples: Mutual Fund Services Agreement (Memorial Funds)

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