Common use of Records and Examination Clause in Contracts

Records and Examination. The LIC and its sponsoring licensed Plan(s) shall maintain and furnish, on a timely and accurate basis, such records and reports regarding the LIC as may be required in order to establish compliance with the license agreement. CONTROLLED AFFILIATE LICENSE STANDARDS LIFE INSURANCE COMPANIES LIC and its sponsoring licensed Plan(s) shall permit BCBSA to examine the affairs of the LIC and shall agree that BCBSA's board may submit a written report to the chief executive officer(s) and the board(s) of directors of the sponsoring Plan(s). The LIC and its sponsoring Plan(s) shall agree to use the then-current BCBSA mediation and mandatory dispute resolution processes, in lieu of a legal action between or among another licensed controlled affiliate, a licensed Plan or BCBSA.

Appears in 4 contracts

Samples: License Agreement (Anthem, Inc.), Blue Shield License Agreement (Anthem, Inc.), Blue Shield License Agreement (Anthem, Inc.)

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Records and Examination. The LIC and its sponsoring licensed Plan(s) shall maintain and furnish, on a timely and accurate basis, such records and reports regarding the LIC as may be required in order to establish compliance with the license agreement. CONTROLLED AFFILIATE LICENSE STANDARDS LIFE INSURANCE COMPANIES LIC and its sponsoring licensed Plan(s) shall permit BCBSA to examine the affairs of the LIC and shall agree that BCBSA's ’s board may submit a written report to the chief executive officer(s) and the board(s) of directors of the sponsoring Plan(s). The LIC and its sponsoring Plan(s) shall agree to use the then-current BCBSA mediation and mandatory dispute resolution processes, in lieu of a legal action between or among another licensed controlled affiliate, a licensed Plan or BCBSA.

Appears in 2 contracts

Samples: License Agreement (Wellpoint, Inc), License Agreement (Wellpoint, Inc)

Records and Examination. The LIC and its sponsoring licensed Plan(s) shall maintain and furnish, on a timely and accurate basis, such records and reports regarding the LIC as may be required in order to establish compliance with the license agreement. EXHIBIT A CONTROLLED AFFILIATE LICENSE STANDARDS LIFE INSURANCE COMPANIES Page 2 of 2 LIC and its sponsoring licensed Plan(s) shall permit BCBSA to examine the affairs of the LIC and shall agree that BCBSA's ’s board may submit a written report to the chief executive officer(s) and the board(s) of directors of the sponsoring Plan(s). The LIC and its sponsoring Plan(s) shall agree to use the then-current BCBSA mediation and mandatory dispute resolution processes, in lieu of a legal action between or among another licensed controlled affiliate, a licensed Plan or BCBSA.

Appears in 1 contract

Samples: Blue Shield License Agreement (Triple-S Management Corp)

Records and Examination. The LIC and its sponsoring licensed Plan(s) shall maintain and furnish, on a timely and accurate basis, such records and reports regarding the LIC as may be required in order to establish compliance with the license agreement. CONTROLLED AFFILIATE LICENSE STANDARDS LIFE INSURANCE COMPANIES The LIC and its sponsoring licensed Plan(s) shall permit BCBSA to examine the affairs of the LIC and shall agree that BCBSA's ’s board may submit a written report to the chief executive officer(s) and the board(s) of directors of the sponsoring Plan(s). CONTROLLED AFFILIATE LICENSE STANDARDS LIFE INSURANCE COMPANIES The LIC and its sponsoring Plan(s) shall agree to use the then-current BCBSA mediation and mandatory dispute resolution processes, in lieu of a legal action between or among another licensed controlled affiliate, a licensed Plan or BCBSA.

Appears in 1 contract

Samples: Blue Shield License Agreement (Wellpoint Inc)

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Records and Examination. The LIC and its sponsoring licensed Plan(s) shall maintain and furnish, on a timely and accurate basis, such records and reports regarding the LIC as may be required in order to establish compliance with the license agreement. The CONTROLLED AFFILIATE LICENSE STANDARDS LIFE INSURANCE COMPANIES LIC and its sponsoring licensed Plan(s) shall permit BCBSA to examine the affairs of the LIC and shall agree that BCBSA's ’s board may submit a written report to the chief executive officer(s) and the board(s) of directors of the sponsoring Plan(s). The LIC and its sponsoring Plan(s) shall agree to use the then-current BCBSA mediation and mandatory dispute resolution processes, in lieu of a legal action between or among another licensed controlled affiliate, a licensed Plan or BCBSA.

Appears in 1 contract

Samples: Blue Shield License Agreement (Wellchoice Inc)

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