Common use of Deconversion Clause in Contracts

Deconversion. In the event that this Agreement is terminated or not renewed, the Transfer Agent agrees that, at each Fund’s request, it shall offer reasonable assistance to each Fund in converting each Fund’s records from the Transfer Agent’s systems to whatever services or systems are designated by each Fund (the “Deconversion”) (subject to the recompense of the Transfer Agent for such assistance at their standard rates and fees in effect at the time within a reasonable time frame agreed to by the parties). As used herein “reasonable assistance” and “transitional assistance” shall not include requiring that the Transfer Agent (i) 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, or (ii) disclose any protected information of the Transfer Agent, or (iii) develop Deconversion software, modify any of the Transfer Agent’s software, or otherwise alter the format of the data as maintained on any provider’s systems.

Appears in 5 contracts

Samples: Transfer Agency and Service Agreement (Schwab Annuity Portfolios), Transfer Agency and Service Agreement (Charles Schwab Family of Funds), Transfer Agency and Service Agreement (Schwab Capital Trust)

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Deconversion. In the event that this Agreement is terminated or not renewedrenewed for any reason, the Transfer Agent agrees that, in order to provide for uninterrupted service to the Trust, the Transfer Agent, at each Fundthe Trust’s request, it shall offer reasonable assistance to each Fund the Trust’s in converting each Fundthe Trust’s records from the Transfer Agent’s systems to whatever services or systems are designated by each Fund the Trust (the “Deconversion”) (), subject to the recompense of the Transfer Agent for such assistance at their its standard rates and fees in effect at the time within a reasonable time frame agreed to by the parties)time. As used herein “reasonable assistance” and “transitional assistance” shall not include requiring that 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, or (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 systemssystem.

Appears in 3 contracts

Samples: Transfer Agency and Services Agreement (Datum One Series Trust), Agency and Services Agreement (JOHCM Funds Trust), Transfer Agency and Services Agreement (Datum One Series Trust)

Deconversion. In the event that this Agreement is terminated or not renewedrenewed for any reason, the Transfer Agent agrees that, in order to provide for uninterrupted service to the Trust, the Transfer Agent, at each Fundthe Trust’s request, it shall offer reasonable assistance to each Fund the Trust’s in converting each Fundthe Trust’s records from the Transfer Agent’s systems to whatever services or systems are designated by each Fund the Trust (the “Deconversion”) (), subject to the recompense of the Transfer Agent for such assistance at their its standard rates and fees in effect at the time within a reasonable time frame agreed to by the parties)time. As used herein “reasonable assistance” and “transitional assistance” shall not include requiring that 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, or (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: Agency and Service Agreement, Transfer Agency and Service Agreement (AARP Funds)

Deconversion. In the event that this Agreement is terminated or not renewedrenewed for any reason, the Transfer Agent agrees that, in order to provide for uninterrupted service to the Trust, the Transfer Agent, at each Fundthe Trust’s request, it shall offer reasonable assistance to each Fund the Trust’s in converting each Fundthe Trust’s records from the Transfer Agent’s systems to whatever services or systems are designated by each Fund the Trust (the “Deconversion”) (), subject to the reasonable recompense of the Transfer Agent for such assistance at their its standard rates and fees in effect at the time within a reasonable time frame agreed to by the parties)time. As used herein “reasonable assistance” and “transitional assistance” shall not include requiring that 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, or (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 systemssystem.

Appears in 2 contracts

Samples: Transfer Agency and Service Agreement (Northern Institutional Funds), Transfer Agency and Service Agreement (Northern Funds)

Deconversion. In the event that this Agreement is terminated or not renewedrenewed for any reason, the Transfer Agent agrees that, in order to provide for uninterrupted service to the Trust, the Transfer Agent, at each Fundthe Trust’s request, it shall offer reasonable assistance to each Fund the Trust in converting each Fundthe Trust’s records from the Transfer Agent’s systems to whatever services or systems are designated by each Fund the Trust (the “Deconversion”) (), subject to the recompense of the Transfer Agent for such assistance at their its standard rates and fees in effect at the time within a reasonable time frame agreed to by the parties)time. As used herein “reasonable assistance” and “transitional assistance” shall not include requiring that 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, or (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 (AARP Portfolios), Transfer Agency and Service Agreement (AARP Portfolios)

Deconversion. In the event that this Agreement is terminated or not renewedrenewed for any reason, the Transfer Agent agrees that, in order to provide for uninterrupted service to the Funds, the Transfer Agent, at each Fund’s the Funds’ request, it shall offer reasonable assistance to each Fund the Funds’ in converting each Fund’s the Funds’ records from the Transfer Agent’s systems to whatever services or systems are designated by each Fund the Funds (the “Deconversion”) (), subject to the recompense of the Transfer Agent for such assistance at their its standard rates and fees in effect at the time within a reasonable time frame agreed to by the parties)time. As used herein “reasonable assistance” and “transitional assistance” shall not include requiring that 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, or (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: Agency and Service Agreement (AARP Funds), Agency and Service Agreement (AARP Funds)

Deconversion. In the event that this Agreement is terminated or not renewedrenewed for any reason, the Transfer Agent agrees that, in order to provide for uninterrupted service to the Trust, the Transfer Agent, at each Fundthe Trust’s request, it shall offer reasonable assistance to each Fund the Trust’s in converting each Fundthe Trust’s records from the Transfer Agent’s systems to whatever services or systems are designated by each Fund the Trust (the “Deconversion”) (), subject to the recompense of the Transfer Agent for such assistance at their its standard rates and fees in effect at the time within a reasonable time frame agreed to by the parties)time. As used herein “reasonable assistance” and “transitional assistance” shall not include requiring that 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, or (ii) to disclose any protected confidential and proprietary 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 systemssystem.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Steward Funds, Inc.)

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Deconversion. In the event that this Agreement is terminated terminated, or not renewed, the Transfer Agent agrees thatAgent, at each the Fund’s request, it shall offer reasonable assistance to each the Fund in converting each the Fund’s records from the Transfer Agent’s systems to whatever services or systems are designated by each the Fund (the “Deconversion”) (subject to the recompense of the Transfer Agent for such assistance at their standard rates and fees in effect at the time within a reasonable time frame agreed to by the parties). As used herein “reasonable assistance” and “transitional assistance” shall not include requiring that 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, or (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 1 contract

Samples: Transfer Agency and Service Agreement (Citistreet Funds Inc)

Deconversion. In the event that this Agreement is terminated or not renewedfor any reason, the Transfer Agent agrees that, in order to provide for uninterrupted service to the Trust, the Transfer Agent, at each Fundthe Trust’s request, it shall offer reasonable assistance to each Fund the Trust in converting each Fundthe Trust’s records from the Transfer Agent’s systems to whatever services or systems are designated by each Fund the Trust (the “Deconversion”) (), subject to the recompense of the Transfer Agent for such assistance at their its standard rates and fees in effect at the time within a reasonable time frame agreed to by the parties)time. As used herein “reasonable assistance” and “transitional assistance” shall not include requiring that 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, or (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 systemssystem.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Clearwater Investment Trust)

Deconversion. In the event that this Agreement is terminated or not renewedfor any reason, the Transfer Agent agrees that, in order to provide for uninterrupted service to the Company, the Transfer Agent, at each Fundthe Company’s request, it shall offer reasonable assistance to each Fund the Company in converting each Fundthe Company’s records from the Transfer Agent’s systems to whatever services or systems are designated by each Fund the Company (the “Deconversion”) (), subject to the recompense of the Transfer Agent for such assistance at their its standard rates and fees in effect at the time within a reasonable time frame agreed to by the parties)time, provided such rates and fees are reasonable. As used herein “reasonable assistance” and “transitional assistance” shall not include requiring that 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, or (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 systemssystem.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Harding Loevner Funds Inc)

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