Common use of Business Interruption Plan Clause in Contracts

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the Fund, take commercially reasonable steps to minimize service interruptions.

Appears in 172 contracts

Samples: Distribution Agreement (CION Grosvenor Infrastructure Fund), Distribution Agreement (Sphinx Opportunity Fund II), Distribution Agreement (Alpha Alternative Assets Fund)

AutoNDA by SimpleDocs

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the FundTrust, take commercially reasonable steps to minimize service interruptions.

Appears in 96 contracts

Samples: Distribution Agreement (EA Series Trust), Form of Distribution Agreement (EA Series Trust), Distribution Agreement (Direxion Shares ETF Trust)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, plan and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the FundTrust, take commercially reasonable steps to minimize service interruptions.

Appears in 68 contracts

Samples: Transfer Agency and Services Agreement (ALPS Series Trust), Alps Series Trust (ALPS Series Trust), Alps Series Trust (ALPS Series Trust)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the Fund, take commercially reasonable steps to minimize service interruptions. ALPS shall have no liability with respect to the loss of data or service interruptions caused by equipment failure provided such loss or interruption is not caused by ALPS’ own willful misfeasance, bad faith, negligence or reckless disregard of its duties or obligations under this Agreement.

Appears in 25 contracts

Samples: Pricing Services Agreement (Blackstone / GSO Long-Short Credit Income Fund), Bookkeeping And (Clough Global Opportunities Fund), Administration, Bookkeeping and Pricing Services Agreement (Clough Global Dividend & Income Fund)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the FundFunds, take commercially reasonable steps to minimize service interruptions.

Appears in 17 contracts

Samples: Distribution Agreement (LifeX Inflation-Protected Income Trust 1948F), Distribution Agreement (LifeX Income Trust 1948F), Pricing Services Agreement (ALPS Series Trust)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, plan and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the Fund, take commercially reasonable steps to minimize service interruptions.

Appears in 13 contracts

Samples: Bookkeeping and Pricing Services Agreement (Flat Rock Core Income Fund), Transfer Agency and Services Agreement (X-Square Balanced Fund, LLC), Transfer Agency and Services Agreement (Northeast Investors Growth Fund Inc)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the Fund, take commercially reasonable steps to minimize service interruptions. ALPS shall have no liability with respect to the loss of data or service interruptions caused by equipment failure provided such loss or interruption is not caused by ALPS' own willful misfeasance, bad faith, negligence or reckless disregard of its duties or obligations under this Agreement.

Appears in 12 contracts

Samples: Pricing Services Agreement (Reaves Utility Income Fund), Pricing Services Agreement (Clough Global Opportunities Fund), Pricing Services Agreement (Clough Global Opportunities Fund)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the Fund, take commercially reasonable steps to minimize service interruptions. ALPS shall promptly notify the Fund in the event ALPS invokes its business interruption plan, to the extent that such interruption has a material impact on ALPS’ provision of services to the Fund hereunder.

Appears in 8 contracts

Samples: Distribution Agreement (X-Square Balanced Fund, LLC), Distribution Agreement (FS Multi-Alternative Income Fund), Distribution Agreement (FS Credit Income Fund)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, plan and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the Fund, take commercially reasonable steps to minimize service interruptions.the

Appears in 7 contracts

Samples: Distribution Agreement (Financial Investors Trust), Form of Distribution Agreement (Financial Investors Trust), Distribution Agreement (Financial Investors Trust)

Business Interruption Plan. ALPS shall at all times during the term of this Agreement maintain in effect a business interruption plan, plan and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment and any other business processes reasonably necessary for ALPS to perform its services under this Agreement in the event of an Event or other disaster consistent with standards and practices customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the FundTrust, take commercially reasonable steps to minimize service interruptions.

Appears in 5 contracts

Samples: Distribution Agreement (BPV Family of Funds), Distribution Agreement (BPV Family of Funds), Distribution Agreement (BPV Family of Funds)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, plan and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the FundCortina, take commercially reasonable steps to minimize service interruptions.

Appears in 5 contracts

Samples: Distribution Agreement (Cortina Funds, Inc.), Transfer Agency and Services Agreement (Cortina Funds, Inc.), Distribution Agreement (Cortina Funds, Inc.)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the Trust or a Fund, take commercially reasonable steps to minimize service interruptions.

Appears in 4 contracts

Samples: Distribution Agreement (Lattice Strategies Trust), Distribution Agreement (Lattice Strategies Trust), Distribution Agreement (Lattice Strategies Trust)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable reasonably provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the Fund, take commercially reasonable reasonably steps to minimize service interruptions.

Appears in 3 contracts

Samples: Distribution Agreement (Ook Inc), Distribution Agreement (Ook Inc), Distribution Agreement (Ook Inc)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the FundTrust, take commercially reasonable steps to minimize service interruptions. ALPS shall promptly notify the Trust in the event ALPS invokes its business interruption plan, to the extent that such interruption has a material impact on ALPS’ provision of services to the Trust hereunder.

Appears in 3 contracts

Samples: Distribution Agreement (FS Series Trust), Distribution Agreement (FS Series Trust), Form of Distribution Agreement (FS Series Trust)

Business Interruption Plan. ALPS shall at all times during the term of this Agreement maintain in effect and (when appropriate) implement a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the FundTrust, take commercially reasonable steps to minimize service interruptions.

Appears in 2 contracts

Samples: Administration, Bookkeeping And (Stadion Investment Trust), Administration, Bookkeeping And (Stadion Investment Trust)

Business Interruption Plan. ALPS shall at all times during the term of this Agreement maintain in effect and (when appropriate) implement a business interruption plan, plan and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the FundTrust, take commercially reasonable steps to minimize service interruptions.

Appears in 2 contracts

Samples: Transfer Agency and Services Agreement (Stadion Investment Trust), Transfer Agency and Services Agreement (Stadion Investment Trust)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, plan and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the FundTrust, take commercially reasonable steps to minimize service interruptionsinterruptions and otherwise perform its duties and responsibilities hereunder.

Appears in 2 contracts

Samples: Alps Series Trust (ALPS Series Trust), Distribution Agreement (ALPS Series Trust)

Business Interruption Plan. ALPS shall at all times during the term of this Agreement maintain in effect a business interruption plan, plan and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the FundTrust, take commercially reasonable steps to minimize service interruptions.

Appears in 2 contracts

Samples: Transfer Agency and Service Agreement (Cornercap Group of Funds /Va/), Transfer Agency and Services Agreement (Tilson Investment Trust)

Business Interruption Plan. ALPS shall at all times during this Agreement maintain in effect and (when appropriate) implement a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the FundTrust, take commercially reasonable steps to minimize service interruptions.

Appears in 2 contracts

Samples: Distribution Agreement (Stadion Investment Trust), Distribution Agreement (Stadion Investment Trust)

Business Interruption Plan. ALPS shall at all times during the term of this Agreement maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the FundTrust, take commercially reasonable steps to minimize service interruptions.

Appears in 2 contracts

Samples: Pricing Services Agreement (Cornercap Group of Funds /Va/), Pricing Services Agreement (Tilson Investment Trust)

AutoNDA by SimpleDocs

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the FundAdministrator, take commercially reasonable steps to minimize service interruptions.

Appears in 2 contracts

Samples: Sub Administration Agreement (North American Government Bond Fund Inc), Sub Administration Agreement (Isi Strategy Fund Inc)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the Fund, take commercially reasonable steps to minimize service interruptions.

Appears in 1 contract

Samples: Distribution Agreement (Exchange Traded Spreads Trust)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the Fund, take commercially reasonable steps to minimize service interruptions.. 9

Appears in 1 contract

Samples: Distribution Agreement (BBH Trust)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, plan and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the FundTrust, take commercially reasonable steps efforts to minimize service interruptions.

Appears in 1 contract

Samples: Transfer Agency and Services Agreement (Icon Funds)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, plan and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the FundTrust or the Funds, take commercially reasonable steps to minimize service interruptions.

Appears in 1 contract

Samples: Pricing Services Agreement (Oak Associates Funds)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the Trust or any Fund, take commercially reasonable steps to minimize service interruptions.

Appears in 1 contract

Samples: Pricing Services Agreement (Salient MF Trust)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable reasonably provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the FundCompany, take commercially reasonable reasonably steps to minimize service interruptions.

Appears in 1 contract

Samples: Distribution Agreement (TXF Funds Inc)

Business Interruption Plan. ALPS shall maintain in effect a commercially reasonable and regulatory compliant business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. ALPS shall test its business interruption plan at least annually and provide a document addressed to the Fund stating that the test had occurred and identifying any material issues that arose during such test. In the event of equipment failures, ALPS shall, at no additional expense to the Fund, take commercially reasonable steps use its best efforts to minimize service interruptions.

Appears in 1 contract

Samples: Transfer Agency (AQR Funds)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the Fund, take commercially reasonable steps to minimize service interruptions.the

Appears in 1 contract

Samples: Pricing Services Agreement (Cortina Funds, Inc.)

Business Interruption Plan. ALPS shall at all times during this Agreement maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the FundTrust, take commercially reasonable steps to minimize service interruptions.

Appears in 1 contract

Samples: Distribution Agreement (Tilson Investment Trust)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the Fund, take commercially reasonable steps to minimize service interruptionsinterruptions and otherwise perform its duties and responsibilities hereunder.

Appears in 1 contract

Samples: Pricing Services Agreement (ALPS Series Trust)

Business Interruption Plan. ALPS shall maintain in effect a reasonably designed business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the Fund, take commercially reasonable steps to minimize service interruptions.

Appears in 1 contract

Samples: Distribution Agreement (1WS Credit Income Fund)

Business Interruption Plan. ALPS shall maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the FundCompany, take commercially reasonable steps to minimize service interruptions.

Appears in 1 contract

Samples: Distribution Agreement (CIM Real Assets & Credit Fund)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!