Discontinuance of Services Inconsistent with Role Sample Clauses

Discontinuance of Services Inconsistent with Role. If, based on changes in the applicable regulatory structure or the interpretation of the regulatory structure, there is a reasonable likelihood that any service being, or to be, provided under this Agreement by SALUSION could constitute a discretionary function and thereby subject SALUSION to classification as a “fiduciary” under applicable state, local, or federal law with respect to the HSA or the Program, and such service could not be restructured in a manner that would not subject SALUSION to classification as a “fiduciary” under applicable state, local, or federal law, then SALUSION, upon reasonable notice to Employer may decline to thereafter provide that service. The failure to provide any such service shall not constitute a breach of SALUSION’s obligations under this Agreement.
AutoNDA by SimpleDocs
Discontinuance of Services Inconsistent with Role. If, based on changes in the applicable regulatory structure or the interpretation of the regulatory structure, there is a reasonable likelihood that any service being, or to be, provided under this Agreement by Prudential could constitute a discretionary function and thereby subject Prudential to classification as a "fiduciary" under ERISA with respect to the Plan, and such service could not be restructured in a manner that would not subject Prudential to classification as a "fiduciary" under ERISA, then Prudential, upon reasonable notice to the Employer may decline to thereafter provide that service. The failure to provide any such service shall not constitute a breach of Prudential's obligations under this Agreement.
Discontinuance of Services Inconsistent with Role. If, based on changes in the regulations governing the Program or the interpretation of the regulations, there is a reasonable likelihood that any service being, or to be, provided under this Attachment by Claims Administrator could constitute a discretionary function and thereby subject Claims Administrator to classification as a "fiduciary" under applicable state, local, or federal law with respect to the Program, and such service could not be restructured in a manner that would not subject Claims Administrator to classification as a "fiduciary" under applicable state, local, or federal law, then Claims Administrator, upon reasonable notice to Plan Sponsor may decline to thereafter provide that service. The failure to provide any such service shall not constitute a breach of Claims Administrator's obligations under this Attachment. Compliance Responsibility Plan Sponsor is solely responsible for all plan documents and for ensuring that the Program complies with all applicable provisions of the Internal Revenue Code and any applicable state and local laws governing the Program. For the Program components listed below, the Parties also agree to abide by the Business Associate Agreement attached to the Contract. The Business Associate Agreement shall apply to the following: • The Health Flexible Spending Account ("Health FSA") Debit Card Substantiation Plan Sponsor agrees that, in connection with any account offering that includes a debit card made available to its employees, the following personal or health data may be shared with Claims Administrator's vendors for purposes of debit card substantiation: Program Participant ID, Prescription Number, Service Start Date, Amount Paid, Partner Routing ID, Provider Name and Sender ID.

Related to Discontinuance of Services Inconsistent with Role

  • Discontinuance of Service 7.1 The procedures for discontinuing service to an End User are as follows:

  • Discontinuance of Business If COMPANY discontinues operating its business, this Agreement shall terminate as of the last day of the month on which COMPANY ceases its entire operations with the same effect as if that last date were originally established as termination date of this Agreement.

  • Discontinuance of Employment This Agreement shall not give the Optionee a right to continued employment with the Company or any parent or subsidiary of the Company, and the Company or any such parent or subsidiary employing the Optionee may terminate his/her employment at any time and otherwise deal with the Optionee without regard to the effect it may have upon him/her under this Agreement.

  • Modification of Services Credit Union reserves the right to modify the Service from time to time without making prior notice to Member, provided, however, that Credit Union will give you at least thirty (30) days notice prior to making any modifications to the Service that would materially alter their functionality.

  • Services to Other Clients; Certain Affiliated Activities (a) The relationship between the Asset Manager and the Series is as described in this Agreement and nothing in this Agreement, none of the services to be provided pursuant to this Agreement, nor any other matter, shall oblige the Asset Manager to accept responsibilities that are more extensive than those set forth in this Agreement.

  • Transition Services Agreement Seller shall have executed and delivered the Transition Services Agreement.

  • Exclusivity of Services The Subadviser shall devote its best efforts and such time as it deems necessary to provide prompt and expert service to Client and the Fund. The services of Subadviser to be provided hereunder are not to be deemed exclusive and Subadviser shall be free to provide similar services for its own account and the accounts of other persons and to receive compensation for such services. Client acknowledges that Subadviser and its Affiliates and Subadviser's other clients may at any time, have, acquire, increase, decrease or dispose of positions in the same investments which are at the same time being held, acquired for or disposed of under this Agreement for the Fund. Subadviser shall have no obligation to acquire or dispose of a position in any investment pursuant to this Agreement simply because Subadviser, its directors, members, Affiliates or employees invest in such a position for its or their own accounts or for the account of another client.

Time is Money Join Law Insider Premium to draft better contracts faster.