Business Continuity Plan. The Distributor shall maintain in effect a business continuity plan, and enter into any agreements necessary with appropriate parties making reasonable provision for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, the Distributor shall, at no additional expense to the Trust, take commercially reasonable steps to minimize service interruptions.
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Samples: Distribution Agreement (Virtus ETF Trust II), Distribution Agreement (ETFis Series Trust I), Distribution Agreement (ETFis Series Trust I)
Business Continuity Plan. The Distributor shall maintain in effect a business continuity plan, and enter into any agreements necessary with appropriate parties making reasonable provision provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, the Distributor shall, at no additional expense to the Trust, take commercially reasonable steps to minimize service interruptions.
Appears in 3 contracts
Samples: Distribution Agreement (Russell Exchange Traded Funds Trust), Distribution Agreement (Russell Exchange Traded Funds Trust), Distribution Agreement (Russell Exchange Traded Funds Trust)
Business Continuity Plan. The Distributor shall maintain in effect a business continuity plan, and enter into any agreements necessary with appropriate parties making reasonable provision provisions for emergency use of electronic data processing equipment customary in the Distributor's industry. In the event of equipment failures, the Distributor shall, at no additional expense to the TrustIssuer, take commercially reasonable steps to minimize service interruptions.
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Business Continuity Plan. The Distributor shall maintain in effect a business continuity plan, and enter into any agreements necessary with appropriate parties making reasonable provision for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, the Distributor shall, at no additional expense to the Trust, take commercially reasonable steps to minimize service interruptions.. DRAFT
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Business Continuity Plan. The Distributor shall maintain in effect a business continuity plan, and enter into any agreements necessary with appropriate parties making reasonable provision provisions for emergency use of electronic data processing equipment customary in the Distributor’s industry. In the event of equipment failures, the Distributor shall, at no additional expense to the TrustIssuer, take commercially reasonable steps to minimize service interruptions.
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