Treasury. including the establishment and maintenance of banking contracts and the opening, administration and closing of various types of accounts, including general, special, custodial or other accounts, as needed, for general or corporate purposes; the review of all records with respect thereto, including reconciliations; the establishment of borrowing facilities and administration of borrowed funds; the arrangement and execution of fund transfers; the management of cash to maximize the volume of invested funds, subject to needs for liquidity; the establishment and administration of lockbox facilities; and the tracking and investment of retained asset or other accounts. These services will be provided by PNX.
Appears in 9 contracts
Samples: Administrative Services Agreement (First Investors Life Level Premium Variable Lif Ins Sep Ac B), Administrative Services Agreement (First Investors Life Variable Annuity Fund A), Administrative Services Agreement (First Investors Life Separate Account E)
