PERFORMANCE OF SERVICES AND USE OF FACILITIES. AAG agrees to the extent requested by AILIC to perform such Services for AILIC as AILIC determines to be reasonably necessary in the conduct of its business and operations. AAG agrees to the extent requested by AILIC to make available its personnel and Facilities to AILIC as AILIC may determine to be reasonably necessary in the conduct of its business and operations, including but not limited to the following functions: policy administration; accounting and auditing services; actuarial; marketing; legal; administrative and other regulatory matters; general corporate matters; contract matters; use of data processing and computer equipment; use of business property, whether owned or leased; and use of communications equipment. It is the intent of the parties that AAG will perform all services which AILIC requires in connection with its business of marketing, issuing and servicing fixed and variable annuities and provide all Facilities needed in connection with such business. Notwithstanding the foregoing, this Agreement is not intended to cover investment services or policy distribution which may be the subject of separate agreements. AAG agrees at all times to use its best efforts to maintain sufficient personnel and Facilities of the kind necessary to perform the Services sent forth in this Agreement. AAG shall have the right upon thirty (30) days prior written notice to and non-disapproval by the Ohio Department of Insurance to subcontract with those subsidiaries, affiliates or unrelated third parties (hereinafter "Subcontractors") accepted in writing by AILIC to perform any Services and provide any personnel and Facilities which AAG is obligated to provide to AILIC pursuant to this Agreement and in strict accordance with the terms, conditions and limitations contained in this Agreement; provided, however, AAG shall not be relieved of its obligations, or of any liability hereunder to AILIC arising as a result of any failures of SUBCONTRACTORS to perform. Until changed in accordance with the foregoing, Services shall be provided by AAG.
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Samples: Service Agreement (Annuity Investors Variable Account A), Service Agreement (Annuity Investors Variable Account A), Service Agreement (Annuity Investors Variable Account A)
PERFORMANCE OF SERVICES AND USE OF FACILITIES. AAG agrees to the extent requested by AILIC GALIC OF NY to perform such Services for AILIC GALIC OF NY as AILIC GALIC OF NY determines to be reasonably necessary in the conduct of its business and operations. AAG agrees to the extent requested by AILIC GALIC OF NY to make available its personnel and Facilities to AILIC GALIC OF NY as AILIC GALIC OF NY may determine to be reasonably necessary in the conduct of its business and operations, including but not limited to the following functions: policy administration; accounting and auditing services; actuarial; marketing; legal; administrative and other regulatory matters; general corporate matters; contract matters; use of data processing and computer equipment; use of business property, whether owned or leased; and use of communications equipment. It is the intent of the parties that AAG will perform provide all services which AILIC GALIC OF NY requires in connection with its business of marketing, issuing and servicing fixed and variable annuities traditional life products, long term care insurance and supplemental health products, and provide all Facilities needed in connection with such business. Notwithstanding the foregoing, this Agreement is not intended to cover investment services or policy distribution which may be the subject of separate agreements. AAG agrees at all times to use its best efforts to maintain sufficient personnel and Facilities of the kind necessary to perform the Services sent set forth in this Agreement. AAG shall have the right upon thirty (30) days prior written notice to and non-disapproval by the Ohio New York Department of Insurance to subcontract with those subsidiaries, affiliates or unrelated third parties (hereinafter "Subcontractors") accepted in writing by AILIC GALIC OF NY to perform any Services and provide any personnel and Facilities which AAG is obligated to provide to AILIC GALIC OF NY pursuant to this Agreement and in strict accordance with the terms, conditions and limitations contained in this Agreement; provided, however, AAG shall not be relieved of its obligations, or of any liability hereunder to AILIC GALIC OF NY arising as a result of any failures of SUBCONTRACTORS to perform. Until changed in accordance with the foregoing, Services shall be provided by AAG.
Appears in 1 contract
Samples: Service Agreement (Galic of New York Separate Account I)
PERFORMANCE OF SERVICES AND USE OF FACILITIES. AAG agrees to the extent requested by AILIC GALIC OF NY to perform such Services for AILIC GALIC OF NY as AILIC GALIC OF NY determines to be reasonably necessary in the conduct of its business and operations. AAG agrees to the extent requested by AILIC GALIC OF NY to make available its personnel and Facilities to AILIC GALIC OF NY as AILIC GALIC OF NY may determine to be reasonably necessary in the conduct of its business and operations, including but not limited to the following functions: policy administration; accounting and auditing services; actuarial; marketing; legal; administrative and other regulatory matters; general corporate matters; contract matters; use of data processing and computer equipment; use of business property, whether owned or leased; and use of communications equipment. It is the intent of the parties that AAG will perform all services which AILIC GALIC OF NY requires in connection with its business of marketing, issuing and servicing fixed and variable annuities and provide all Facilities needed in connection with such business. Notwithstanding the foregoing, this Agreement is not intended to cover investment services or policy distribution which may be the subject of separate agreements. AAG agrees at all times to use its best efforts to maintain sufficient personnel and Facilities of the kind necessary to perform the Services sent forth in this Agreement. AAG shall have the right upon thirty (30) days prior written notice to and non-disapproval by the Ohio Department of Insurance to subcontract with those subsidiaries, affiliates or unrelated third parties (hereinafter "Subcontractors") accepted in writing by AILIC GALIC OF NY to perform any Services and provide any personnel and Facilities which AAG is obligated to provide to AILIC GALIC OF NY pursuant to this Agreement and in strict accordance with the terms, conditions and limitations contained in this Agreement; provided, however, AAG shall not be relieved of its obligations, or of any liability hereunder to AILIC GALIC OF NY arising as a result of any failures of SUBCONTRACTORS to perform. Until changed in accordance with the foregoing, Services shall be provided by AAG.
Appears in 1 contract
Samples: Service Agreement (Galic of New York Separate Account I)