Administrative Services Provided Sample Clauses
The "Administrative Services Provided" clause defines the specific administrative tasks and support that one party will deliver to another under the agreement. This may include services such as record-keeping, billing, scheduling, or managing communications on behalf of the client. By clearly outlining these responsibilities, the clause ensures both parties understand the scope of administrative support, reducing the risk of misunderstandings and helping to allocate duties efficiently.
Administrative Services Provided. TFS shall provide supervisory and administrative services to each Portfolio of each Fund. Subject to the overall supervision of the Board of Trustees/Directors of each Fund, TFS shall furnish to each Portfolio: • The services of personnel to supervise and perform all administrative, clerical, recordkeeping and bookkeeping services of the Fund; • To the extent agreed upon by the parties hereto from time to time, monitor and verify State Street Bank and Trust Company’s daily calculation of net asset values; • Preparation and filing of all returns and reports in connection with federal, state and local taxes; • Shareholder relations functions, including preparation of notices to shareholders; • Regulatory reporting and compliance, including preparation of any required amendments, supplements or renewals of registration statements, qualifications or prospectuses under the Securities Act of 1933 and the securities laws of any states or territories subsequent to the effectiveness of the initial registration statement under the Securities Act of 1933; • Supervise and coordinate the Fund’s custodian and its dividend disbursing agent and monitor their service to each Portfolio; • Assist each Portfolio in preparing reports to shareholders; • Act as liaison with the Fund’s independent public accountants and provide, upon request, account analyses, fiscal year summaries and other audit-related schedules; • Preparation of agendas and supporting documents for and minutes of meetings of Trustees/Directors and committees of Trustees/Directors; • For TST, acting as registrar for the Fund and recording the ownership of Fund shares and changes in or transfers of such ownership; • Provide office space, telephones and other office equipment as necessary in order for TFS to perform administrative services to each Fund and described herein; and • Provide such other administrative services as TFS and each Fund shall agree from time to time. Except as specifically provided above, in no event shall TFS be deemed to have assumed any duties with respect to, or be responsible for, the distribution of the shares of any Fund, nor shall TFS be deemed to have assumed, or have any responsibility with respect to, functions specifically assumed by any investment adviser, transfer agent, fund accounting agent, custodian or shareholder servicing or other agent, in each case employed by the Fund to perform such functions. It is understood that TFS has entered into separate transfer agency agree...
Administrative Services Provided. Marketer will provide to Owner the following Administrative Services:
Administrative Services Provided. Subject to the overall supervision of the Board of Directors of the Fund (“Board”), TFS shall perform or supervise the performance by others of administrative services in connection with the operations of Fund and the Portfolios. Without limiting the generality of the foregoing, TFS is appointed: • To supervise all aspects of the operations of the Fund and each Portfolio, including the supervision and coordination of transfer agency, custodial and accounting services; provided, however, that nothing herein shall be deemed to relieve or deprive the Board of its responsibilities for and control of the conduct of the affairs of the Fund and each Portfolio, and further provided that nothing herein shall be deemed to appoint TFS to provide investment advisory services or distribution services to the Fund and the Portfolios; • To provide the Fund and each Portfolio with such corporate, administrative and clerical personnel (including officers of the Fund), and services as are reasonably deemed necessary or advisable by the Board, including the maintenance of certain books and records of the Fund and each Portfolio; • To arrange for the periodic preparation, update and filing of the Fund’s registration statement, proxy material, tax returns and required reports to Portfolio shareholders and the SEC and other appropriate federal and state regulatory authorities; • To provide the Fund and each Portfolio with, or obtain for it, adequate office space and all necessary office equipment and services, including telephone service, heat, utilities, stationery supplies and similar items; • To perform, or appoint and supervise others to perform other administrative functions for the Fund as may be deemed necessary and appropriate including: (i) computation and publication of each Portfolio’s daily net asset value and daily income; (ii) computation of each Portfolio’s yields and total returns; (iii) schedule, plan agendas for, and conduct meeting of the directors and shareholders; (iv) coordinate the efforts of the Fund’s auditors; (v) maintain corporate records not otherwise maintained by the Fund’s investment adviser, custodian or transfer agent; (vi) monitor state and federal laws as they may apply to the Fund and the Portfolios; (vii) prepare for execution and file all the Fund’s federal, state and local tax returns and required tax filings other than those required to be made by the Fund’s investment adviser, custodian and transfer agent; and (viii) coordinate the effor...
Administrative Services Provided. Allmerica Financial shall perform the administrative services specified in Schedules 2.01A, 2.01B and 3.01B within the time frames and Service Standards specified in Schedule 2.01C.
Administrative Services Provided. ATFS shall provide supervisory and administrative services to each Portfolio of the Fund. Subject to the overall supervision of the Board of Directors of the Fund shall furnish to the Fund: - The services of personnel to supervise and perform all administrative, clerical, recordkeeping and bookkeeping services of the Fund; - To the extent agreed upon by the parties hereto from time to time, monitor and verify Investors Bank & Trust Company's daily calculation of net asset values; - Preparation and filing of all returns and reports in connection with federal, state and local taxes; - Shareholder relations functions, including preparation of notices to shareholders; - Regulatory reporting and compliance, including preparation of any required amendments, supplements or renewals of registration statements, qualifications or prospectuses under the Securities Act of 1933 and the securities laws of any states or territories subsequent to the effectiveness of the initial registration statement under the Securities Act of 1933; - All other matters relating to the operation of the Fund and Portfolios, other than investment management and distribution functions; - Supervise and coordinate the Funds' custodian and its dividend disbursing agent and monitor their service to the Funds and Portfolios; - Assist the Fund in preparing reports to shareholders; and - Provide office space, telephones and other office equipment as necessary in order for ATFS to perform administrative services to the Fund and described herein.