Common use of Monitoring In Lieu of Routine Data Requests by the Fund Company Clause in Contracts

Monitoring In Lieu of Routine Data Requests by the Fund Company. (a) As long as Intermediary is complying with the Frequent Trading Monitoring policies and procedures set out herein, the Fund agrees not to make routine requests for data from Intermediary. Intermediary will, however, provide reports and information to the Fund, in accordance with the terms of this Agreement as requested in writing for due diligence or audit purposes.

Appears in 4 contracts

Samples: Fund Participation Agreement (PLAIC Variable Annuity Account S), Fund Participation Agreement (Protective COLI VUL), Fund Participation Agreement (PLICO Variable Annuity Account S)

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Monitoring In Lieu of Routine Data Requests by the Fund Company. (a) As long as Intermediary is complying with the Frequent Trading Monitoring policies and procedures set out herein, the Fund agrees not to make routine requests for data from Intermediary. Intermediary will, however, provide reports and information to the Fund, in accordance with the terms of this Agreement as reasonably requested in writing for due diligence or audit purposes. The Fund agrees that in the absence of extraordinary circumstances, such requests will not be made more frequently than quarterly.

Appears in 1 contract

Samples: Administrative Services Agreement (Tributary Funds, Inc.)

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