Common use of Standard for Services Clause in Contracts

Standard for Services. The Administrator shall provide policyholder and claims servicing with respect to the Reinsured Contracts in good faith and with the care, skill, prudence and diligence of a person experienced in administering structured settlement business. Without limiting the generality of the foregoing, the Administrator shall provide policyholder and claims servicing with respect to the Reinsured Contracts (i) in accordance with the terms of the Reinsured Contracts, (ii) in accordance with the applicable terms of this Agreement, (iii) in compliance with Applicable Law, (iv) in accordance with industry standards and, subject to the foregoing, (v) to the extent applicable, in the same manner as it conducts its own business not subject to this Agreement.

Standard for Services. The Administrator shall provide policyholder and claims servicing with respect to the Reinsured Contracts in good faith and with the care, skill, prudence and diligence of a person experienced in administering structured settlement business. Without limiting the generality of the foregoing, the Administrator shall provide policyholder and claims servicing with respect to the Reinsured Contracts (i) in accordance with the terms of the Reinsured Contracts, (ii) in accordance with the applicable terms of this Agreement, (iii) in compliance with Applicable Law, (iv) in accordance with industry standards, (v) in accordance with standards of service as agreed to by the Administrator and the Company and, subject to the foregoing, (vvi) to the extent applicable, in the same manner as it conducts its own business not subject to this Agreement.

Standard for Services. The Administrator shall provide policyholder the contractholder and claims servicing with respect to the Reinsured Contracts and the Separate Accounts in good faith and with the care, skill, prudence and diligence of a person experienced in administering structured settlement variable annuity business. Without limiting the generality of the foregoing, the Administrator shall provide policyholder contractholder and claims servicing with respect to the Reinsured Contracts and the Separate Accounts (i) in accordance with the terms of the Reinsured Contracts, (ii) in accordance with the applicable terms of this Agreement, (iii) in compliance with Applicable Law, (iv) in accordance with industry standards and, subject to the foregoing, (v) to the extent applicable, in the same manner as it conducts its own business not subject to this Agreement.

Standard for Services. The Administrator shall provide policyholder and claims servicing with respect to the Reinsured Contracts Novated Policies in good faith and with the care, skill, prudence and diligence of a person experienced in administering structured settlement long term care insurance business. Without limiting the generality of the foregoing, the Administrator shall provide policyholder and claims servicing with respect to the Reinsured Contracts Novated Policies (i) in accordance with the terms of the Reinsured ContractsNovated Policies, (ii) in accordance with the applicable terms of this Agreement, (iii) in compliance with Applicable Law, (iv) in accordance with industry standards and, subject to the foregoing, (v) to the extent applicable, in the same manner as it conducts its own business not subject to this Agreement.

Standard for Services. The Administrator shall provide policyholder and claims servicing with respect to the Reinsured Contracts Novated Policies in good faith and with the care, skill, prudence and diligence of a person experienced in administering structured settlement long term care insurance business. Without limiting the generality of the foregoing, the Administrator shall provide policyholder and claims servicing with respect to the Reinsured Contracts Novated Policies (i) in accordance with the terms of the Reinsured ContractsNovated Policies, (ii) in accordance with the applicable terms of this Agreement, (iii) in compliance with Applicable Law, (iv) in accordance with industry standards, (v) in accordance with standards of service as agreed to by the Administrator and the Company and, subject to the foregoing, (vvi) to the extent applicable, in the same manner as it conducts its own business not subject to this Agreement.

Standard for Services. The Administrator shall provide policyholder the contractholder and claims servicing with respect to the Reinsured Contracts and the Separate Accounts in good faith and with the care, skill, prudence and diligence of a person experienced in administering structured settlement variable annuity business. Without limiting the generality of the foregoing, the Administrator shall provide policyholder contractholder and claims servicing with respect to the Reinsured Contracts and the Separate Accounts (i) in accordance with the terms of the Reinsured Contracts, (ii) in accordance with the applicable terms of this Agreement, (iii) in compliance with Applicable Law, (iv) in accordance with industry standards, (v) in accordance with standards of service as agreed to by the Administrator and the Company and, subject to the foregoing, (vvi) to the extent applicable, in the same manner as it conducts its own business not subject to this Agreement.