PERFORMANCE OF SERVICES AND USE OF FACILITIES. Subject to the terms, conditions and limitations of this Agreement, Provider agrees to the extent requested by Company to perform diligently and in a professional manner such services for Company as Company determines to be reasonably necessary in the conduct of its insurance operations. Subject to the terms, conditions and limitations of this Agreement, Provider agrees to the extent requested by Company to make available to Company such of its facilities as Company and Provider may mutually determine to be reasonably necessary in the conduct of its insurance operations, including but not limited to data processing equipment, business property (whether owned or leased) and communications equipment. Provider agrees at all times to maintain sufficient facilities and trained personnel of the kind necessary to perform this Agreement. With the Company's prior written consent, Provider may arrange to furnish such services through one or more of its affiliates, subject to the terms, conditions and limitations set forth herein. The Provider shall furnish the Company with written confirmation of the nature and extent of services to be provided to the Company by such affiliates and the location(s) at which such services shall be performed. Any such affiliate shall agree in writing to observe and be bound by all terms and conditions of this Agreement in performing such services and its records shall be subject to inspection, audit and examination by the Company in accordance with Section 5 and 6 hereof. Charges for such services shall be determined consistent with the requirements of Section 3, and shall be included in the statement furnished by the Provider to the Company pursuant to Section 4. Provider shall, at all times, remain liable to the Company for the performance of services by such affiliates to the same extent as if they had been performed by Provider itself. Exhibit A lists the services to be provided directly by Provider and those to be delegated to affiliates of Provider pursuant hereto as of the Effective Date of this Agreement
Appears in 7 contracts
Samples: Administrative Services Agreement (Manufacturers Life Insurance Co of New York Sep Account B), Administrative Services Agreement (Manufacturers Life Insurance Co of New York Sep Account B), Administrative Services Agreement (Manufacturers Life Insurance Co of New York Sep Account A)
PERFORMANCE OF SERVICES AND USE OF FACILITIES. Subject to the terms, conditions and limitations of this Agreement, Provider agrees to the extent requested by Company to perform diligently and in a professional manner such services for Company as Company determines to be reasonably necessary in the conduct of its insurance operations. Subject to the terms, conditions and limitations of this Agreement, Provider agrees to the extent requested by Company to make available to Company such of its facilities as Company and Provider may mutually determine to be reasonably necessary in the conduct of its insurance operations, including but not limited to data processing equipment, business property (whether owned or leased) and communications equipment. Provider agrees at all times to maintain sufficient facilities and trained personnel of the kind necessary to perform this Agreement. With the Company's prior written consent, Provider may arrange to furnish such services through one or more of its affiliates, subject to the terms, conditions and limitations set forth herein. The Provider shall furnish the Company with written confirmation of the nature and extent of services to be provided to the Company by such affiliates and the location(s) at which such services shall be performed. Any such affiliate shall agree in writing to observe and be bound by all terms and conditions of this Agreement in performing such services and its records shall be subject to inspection, audit and examination by the Company in accordance with Section 5 and 6 hereof. Charges for such services shall be determined consistent with the requirements of Section 3, and shall be included in the statement furnished by the Provider to the Company pursuant to Section 4. Provider shall, at all times, remain liable to the Company for the performance of services by such affiliates to the same extent as if they had been performed by Provider itself. Exhibit A lists the services to be provided directly by Provider and those to be delegated to affiliates of Provider pursuant hereto as of the Effective Date of this Agreement.
Appears in 1 contract
Samples: Administrative Services Agreement (Manufacturers Life Insurance Co of New York Sep Account A)
PERFORMANCE OF SERVICES AND USE OF FACILITIES. Subject to the terms, conditions and limitations of this Agreement, Provider agrees to the extent requested by Company to perform diligently and in a professional manner such services for Company as Company determines to be reasonably necessary in the conduct of its insurance operations. Subject to the terms, conditions and limitations of this Agreement, Provider agrees to the extent requested by Company to make available to Company such of its facilities as Company and Provider may mutually determine to be reasonably necessary in the conduct of its insurance operations, including but not limited to data processing equipment, business property (whether owned or leasedceased) and communications equipment. Provider agrees at all times to maintain sufficient facilities and trained personnel of the kind necessary to perform this Agreement. With the Company's prior written consent, Provider may arrange to furnish such services through one or more of its affiliates, subject to the terms, conditions and limitations set forth herein. The Provider shall furnish the Company with written confirmation of the nature and extent of services to be provided to the Company by such affiliates and the location(s) at which such services shall be performed. Any such affiliate shall agree in writing to observe and be bound by all terms and conditions of this Agreement in performing such services and its records shall be subject to inspection, audit and examination by the Company in accordance with Section 5 and 6 hereof. Charges for such services shall be determined consistent with the requirements of Section 3, and shall be included in the statement furnished by the Provider to the Company pursuant to Section 4. Provider shall, at all times, remain liable to the Company for the performance of services by such affiliates to the same extent as if they had been performed by Provider itself. Exhibit A lists the services to be provided directly by Provider and those to be delegated to affiliates of Provider pursuant hereto as of the Effective Date of this Agreement
Appears in 1 contract
Samples: Administrative Services Agreement (John Hancock Life Insurance Co of New York Separate Account B)