BUSINESS CONTINUITY/DISASTER RECOVERY. In the event of equipment failure, work stoppage, governmental action, communication disruption or other impossibility of performance beyond the Transfer Agent’s control, the Transfer Agent shall take reasonable steps to minimize service interruptions. The Transfer Agent shall enter into and shall maintain in effect at all times during the term of this Agreement with appropriate parties one or more agreements making reasonable provision for (i) periodic back-up of the computer files and data with respect to the Funds; and (ii) emergency use of electronic data processing equipment to provide services under this Agreement. Upon reasonable request, the Transfer Agent shall discuss with senior management of the Funds any business continuity/disaster recovery plan of the Transfer Agent and/or provide a high-level presentation summarizing such plan.
Appears in 6 contracts
Samples: Transfer Agency and Service Agreement, Transfer Agency and Service Agreement (Blackstone Real Estate Income Fund II), Transfer Agency and Service Agreement (Blackstone Real Estate Income Fund)
BUSINESS CONTINUITY/DISASTER RECOVERY. In the event of equipment failure, work stoppage, governmental action, communication disruption or other impossibility of performance beyond the Transfer Agent’s control, the Transfer Agent shall take reasonable steps to minimize service interruptions. The Transfer Agent shall enter into and shall maintain in effect at all times during the term of this Agreement with appropriate parties one or more agreements making reasonable provision for (i) periodic back-up of the computer files and data with respect to the Funds; and (ii) emergency use of electronic data processing equipment to provide services under this Agreement. Upon reasonable request, the Transfer Agent shall discuss with senior management of the Funds any business continuity/disaster recovery plan of the Transfer Agent and/or provide a high-high- level presentation summarizing such plan.
Appears in 2 contracts
Samples: Transfer Agency and Service Agreement (Blackstone Alternative Alpha Master Fund), Transfer Agency and Service Agreement (Blackstone Alternative Alpha Fund II)
BUSINESS CONTINUITY/DISASTER RECOVERY. In the event of equipment failure, work stoppage, governmental action, communication disruption or other impossibility of performance beyond the Transfer Agent’s control, the Transfer Agent shall take reasonable steps to minimize service interruptions. The Transfer Agent shall enter into and shall maintain in effect at all times during the term of this Agreement with appropriate parties one or more agreements making reasonable provision for (i) periodic back-up of the computer files and data with respect to the FundsTrusts; and (ii) emergency use of electronic data processing equipment to provide services under this Agreement. Upon reasonable request, the Transfer Agent shall discuss with senior management of the Funds Trusts any business continuity/disaster recovery plan of the Transfer Agent and/or provide a high-level presentation summarizing such plan.
Appears in 1 contract
Samples: Master Transfer Agency and Service Agreement (Transamerica ETF Trust)
