Common use of CONVERSION SCHEDULE Clause in Contracts

CONVERSION SCHEDULE. If the Annuity Trust and NBAI, in the exercise of their reasonable judgment, cannot meet the conversion schedule set forth in Schedule VI as a result of BNY's inability to provide, or to confirm that it is capable of providing, the services described in Schedule II or to meet the quality of service standards set forth in Schedule III with respect to one or more Funds in accordance with the conversion schedule attached as Schedule VI, then BNY shall be obligated to pay any resulting incremental costs incurred by the Annuity Trust or NBAI, including any incremental fees payable to First Data Investors Services Group by the Annuity Trust or NBAI.

Appears in 4 contracts

Samples: Sub Administration Agreement (Nations Annuity Trust), Sub Administration Agreement (Nations Annuity Trust), Sub Administration Agreement (Nations Annuity Trust)

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CONVERSION SCHEDULE. If the Annuity Trust and NBAI, in the exercise of their reasonable judgment, cannot meet the conversion schedule set forth in Schedule VI as a result of BNY's inability to provide, or to confirm that it is capable of providing, the services described in Schedule II or to meet the quality of service standards set forth in Schedule III with respect to one or more Funds in accordance with the conversion schedule attached as Schedule VI, then BNY shall be obligated to pay any resulting incremental costs incurred by the Annuity Trust or NBAI, including any incremental fees payable to First Data Investors Services Group by the Annuity Trust or NBAI.

Appears in 3 contracts

Samples: Sub Administration Agreement (Nations Fund Trust), Sub Administration Agreement (Nations Fund Trust), Sub Administration Agreement (Nations Fund Trust)

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CONVERSION SCHEDULE. If the Annuity Trust and NBAI, in the exercise of ------------------- their reasonable judgment, cannot meet the conversion schedule set forth in Schedule VI as a result of BNY's inability to provide, or to confirm that it is capable of providing, the services described in Schedule II or to meet the quality of service standards set forth in Schedule III with respect to one or more Funds in accordance with the conversion schedule attached as Schedule VI, then BNY shall be obligated to pay any resulting incremental costs incurred by the Annuity Trust or NBAI, including any incremental fees payable to First Data Investors Services Group by the Annuity Trust or NBAI.

Appears in 1 contract

Samples: Sub Administration Agreement (Nations Separate Account Trust)

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