Common use of Deconversion Clause in Contracts

Deconversion. In the event that this Agreement is terminated or not renewed for any reason by the Fund, the Transfer Agent agrees that, in order to provide for uninterrupted service to the Fund, the Transfer Agent, at Fund's request, shall offer reasonable assistance to the Fund in converting the Fund's records from the Transfer Agent's systems to whatever services or systems are designated by Fund (the "Deconversion"). Such Deconversion is subject to the recompense of the Transfer Agent for such assistance at its standard rates and fees in effect at the time and to a reasonable time frame for performance as agreed to by the parties. As used herein "reasonable assistance" and "transitional assistance" shall not include requiring the Transfer Agent (i) to assist any new service or system provider to modify, to alter, to enhance, or to improve such provider's system, or to provide any new functionality to such provider's system, (ii) to disclose any protected information of the Transfer Agent, or (iii) to develop Deconversion software, to modify any of the Transfer Agent's software, or to otherwise alter the format of the data as maintained on any provider's systems.

Appears in 13 contracts

Samples: Transfer Agency and Service Agreement (Davis Series Inc), Transfer Agency and Service Agreement (Selected American Shares Inc), Transfer Agency and Service Agreement (Davis Variable Account Fund Inc)

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Deconversion. In the event that this Agreement is terminated or not renewed for any reason by the Fundwith respect to a Trust, the Transfer Agent agrees that, in order to provide for uninterrupted service to the FundTrusts, the Transfer Agent, at Fund's the Trusts’ request, shall offer reasonable assistance to the Fund in converting or transferring the Fund's Trusts’ records from the Transfer Agent's ’s systems or facilities to whatever services services, systems or systems facilities are designated by Fund the Trust (the "Deconversion"). Such Deconversion is ”) (subject to the recompense of the Transfer Agent for such assistance at its standard rates and fees in effect at the time and to within a reasonable time frame for performance as agreed to by the parties). As used herein "reasonable assistance" and "transitional assistance" shall not include requiring the Transfer Agent (i) to assist any new service or system provider to modify, to alter, to enhance, or to improve such provider's ’s system, or to provide any new functionality to such provider's ’s system, (ii) to disclose any protected information of the Transfer Agent, or (iii) to develop Deconversion software, to modify any of the Transfer Agent's ’s software, or to otherwise alter the format of the data as maintained on any provider's ’s systems.

Appears in 5 contracts

Samples: Transfer Agency Agreement (Alger Portfolios), Transfer Agency Agreement (Alger Funds Ii), Transfer Agency Agreement (Alger Institutional Funds)

Deconversion. In the event that this Agreement is terminated or not renewed for any reason by the Fund, the Transfer Agent agrees that, in order to provide for uninterrupted service to the Fund, the Transfer Agent, at Fund's request, shall offer reasonable assistance to the Fund in converting the Fund's records from the Transfer Agent's systems to whatever services or systems are designated by Fund (the "Deconversion"). Such Deconversion is subject to the recompense of the Transfer Agent for such assistance at its standard rates and fees in effect at the time and to a reasonable time frame for performance as agreed to by the parties. As used herein "reasonable assistance" and "transitional assistance" shall not include requiring the Transfer Agent (i) to assist any new service or system provider to modify, to alter, to enhance, or to improve such provider's system, or to provide any new functionality to such provider's system, (ii) to disclose any protected information of the Transfer Agent, including the Proprietary Information as defined in Section 7.1, or (iii) to develop Deconversion software, to modify any of the Transfer Agent's software, or to otherwise alter the format of the data as maintained on any provider's systems.

Appears in 4 contracts

Samples: Transfer Agency and Service Agreement (CGM Trust), Transfer Agency and Service Agreement (Fifth Third Funds), Transfer Agency and Service Agreement (Fifth Third Funds)

Deconversion. In the event that this Agreement is terminated or not renewed for any reason by the with respect to a Fund, the Transfer Agent agrees that, in order to provide for uninterrupted service to the FundFunds, the Transfer Agent, at the Fund's request, shall offer reasonable assistance to the Fund in converting or transferring the Fund's records from the Transfer Agent's systems or facilities to whatever services services, systems or systems facilities are designated by the Fund (the "Deconversion"). Such Deconversion is ) (subject to the recompense of the Transfer Agent for such assistance at its standard rates and fees in effect at the time and to within a reasonable time frame for performance as agreed to by the parties). As used herein "reasonable assistance" and "transitional assistance" shall not include requiring the Transfer Agent (i) to assist any new service or system provider to modify, to alter, to enhance, or to improve such provider's system, or to provide any new functionality to such provider's system, (ii) to disclose any protected information of the Transfer Agent, or (iii) to develop Deconversion software, to modify any of the Transfer Agent's software, or to otherwise alter the format of the data as maintained on any provider's systems.

Appears in 3 contracts

Samples: Agency and Service Agreement (Spectra Fund), Agency and Service Agreement (Alger Funds), Transfer Agency and Service Agreement (Alger Institutional Funds)

Deconversion. In the event that this Agreement is terminated or not renewed for any reason by the Fundan individual Trust, the Transfer Agent agrees that, in order to provide for uninterrupted service to the FundTrust, the Transfer Agent, at FundTrust's request, shall offer reasonable assistance to the Fund Trust in converting the FundTrust's records from the Transfer Agent's systems to whatever services or systems are designated by Fund Trust (the "Deconversion"). Such Deconversion is subject to the recompense of the Transfer Agent for such assistance at its standard rates and fees in effect at the time and to within a reasonable time frame for performance as agreed to by the parties. As used herein "reasonable assistance" and "transitional assistance" shall not include requiring the Transfer Agent (i) to assist any new service or system provider to modify, to alter, to enhance, or to improve such provider's system, or to provide any new functionality to such provider's system, (ii) to disclose any protected information of the Transfer Agent, or (iii) to develop Deconversion software, to modify any of the Transfer Agent's software, or to otherwise alter the format of the data as maintained on any provider's systems.

Appears in 2 contracts

Samples: Transfer Agency and Service Agreement (Neuberger Berman Advisers Management Trust), Transfer Agency and Service Agreement (Lehman Brothers Reserve Liquidity Series)

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Deconversion. In the event that this Agreement is terminated or not renewed for any reason by the Fund, the Transfer Agent agrees that, in order to provide for uninterrupted service to the Fund, the Transfer Agent, at Fund's request, shall offer reasonable assistance to the Fund in converting the Fund's records from the Transfer Agent's systems to whatever services or systems are designated by Fund (the "Deconversion"). Such Deconversion is subject to the recompense of the Transfer Agent for such assistance at its standard rates and fees in effect at the time and to a reasonable time frame for performance as agreed to by the parties. As used herein "reasonable assistance" and "transitional assistance" shall not include requiring the Transfer Agent (i) to assist any new service or system provider to modify, to alter, to enhance, or to improve such provider's system, or to provide any new functionality to such provider's system, (ii) to disclose any protected information of the Transfer Agent, including the Proprietary Information as defined in SECTION 7.1, or (iii) to develop Deconversion software, to modify any of the Transfer Agent's software, or to otherwise alter the format of the data as maintained on any provider's systems.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Japan Fund Inc)

Deconversion. In the event that this Agreement is terminated or not renewed for any reason by the Fundreason, the Transfer Agent agrees that, in order to provide for uninterrupted service to the FundTrust and the Funds, the Transfer Agent, at the Trust’s or a Fund's ’s request, shall offer reasonable assistance to the Fund Trust in converting the each applicable Fund's ’s records from the Transfer Agent's ’s systems to whatever services or systems are designated by the Trust on behalf of a Fund (the "Deconversion"). Such Deconversion is , subject to the reasonable recompense of the Transfer Agent for such reasonable assistance at its standard and customary rates and fees in effect at the time and to a reasonable time frame for performance as agreed to by the partiestime. As used herein "reasonable assistance" and "transitional assistance" shall not include requiring the Transfer Agent (i) to assist any new service or system provider to modify, to alter, to enhance, or to improve such provider's ’s system, or to provide any new functionality to such provider's ’s system, (ii) to disclose any protected information of the Transfer Agent, or (iii) to develop Deconversion software, to modify any of the Transfer Agent's ’s software, or to otherwise alter the format of the data as maintained on any provider's systems’s system.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Del Rey Global Investors Funds)

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