Common use of Delegation of Administration Services Clause in Contracts

Delegation of Administration Services. With respect to any or all series of the Trust, including the Funds, the Manager may enter into one or more contracts with a sub-administrator (“Sub-Administration Contract”) in which the Manager delegates to such sub-administrator any or all its duties specified in this Agreement, provided that the Sub-Administration Contract meets all applicable requirements of the 1940 Act and rules thereunder, as applicable. The Manager will at all times maintain responsibility for providing the administration services and will supervise any sub-administrator.

Appears in 13 contracts

Samples: Management Agreement (Mainstay Funds), Management Agreement (Mainstay Funds Trust), Management Agreement (Mainstay Funds Trust)

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Delegation of Administration Services. With respect to any or all series of the TrustCompany, including the Funds, the Manager may enter into one or more contracts with a sub-administrator (“Sub-Administration Contract”) in which the Manager delegates to such sub-administrator any or all its duties specified in this Agreement, provided that the Sub-Administration Contract meets all applicable requirements of the 1940 Act and rules thereunder, as applicable. The Manager will at all times maintain responsibility for providing the administration services services, and will supervise any sub-administrator.

Appears in 5 contracts

Samples: Management Agreement (Eclipse Funds Inc.), Management Agreement (Eclipse Funds Inc.), Management Agreement (Icap Funds Inc)

Delegation of Administration Services. With respect to any or all series of the TrustCompany, including the FundsPortfolios, the Manager may enter into one or more contracts with a sub-administrator (“Sub-Administration Contract”) with a sub-administrator in which the Manager delegates to such sub-administrator any or all its duties specified in this Agreement, provided that the Sub-Administration Contract meets all applicable requirements of the 1940 Act and rules thereunder, as applicable. The Manager will at all times maintain responsibility for providing the administration services services, and will supervise any sub-administrator.

Appears in 3 contracts

Samples: Management Agreement (Mainstay Vp Series Fund Inc), Management Agreement (Mainstay Vp Series Fund Inc), Subadvisory Agreement (Mainstay Vp Series Fund Inc)

Delegation of Administration Services. With respect to any or all series of the Trust, including the FundsPortfolios, the Manager may enter into one or more contracts with a sub-administrator (“Sub-Administration Contract”) in which the Manager delegates to such sub-administrator any or all its duties specified in this Agreement, provided that the Sub-Administration Contract meets all applicable requirements of the 1940 Act and rules thereunder, as applicable. The Manager will at all times maintain responsibility for providing the administration services and will supervise any sub-administrator.

Appears in 3 contracts

Samples: Management Agreement (Mainstay Vp Funds Trust), Management Agreement (Mainstay Vp Funds Trust), Management Agreement (Mainstay Vp Series Fund Inc)

Delegation of Administration Services. With respect to any or all series of the Trust, including the FundsFund, the Manager may enter into one or more contracts with a sub-administrator (“Sub-Administration Contract”) in which the Manager delegates to such sub-administrator any or all its duties specified in this Agreement, provided that the Sub-Administration Contract meets all applicable requirements of the 1940 Act and rules thereunder, as applicable. The Manager will at all times maintain responsibility for providing the administration services and will supervise any sub-administrator.

Appears in 2 contracts

Samples: Management Agreement (MainStay MacKay Municipal Income Opportunities Fund), Management Agreement (MainStay CBRE Global Infrastructure Megatrends Fund)

Delegation of Administration Services. With respect to any or all series of the Trust, including the Funds, the The Manager may enter into one or more contracts with a sub-administrator (“Sub-Administration Contract”) in which the Manager delegates to such sub-administrator any or all its duties specified in this Agreement, provided that the Sub-Administration Contract meets all applicable requirements of the 1940 Act and rules thereunder, as applicable. The Manager will at all times maintain responsibility for providing the administration services and will supervise any sub-administrator.

Appears in 2 contracts

Samples: Management Agreement (MainStay DefinedTerm Municipal Opportunities Fund), Management Agreement (MainStay DefinedTerm Municipal Opportunities Fund)

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Delegation of Administration Services. With respect to any or all series of the TrustCompany, including the FundsPortfolios, the Manager may enter into one or more contracts "Sub-Administration Contract") with a sub-administrator (“Sub-Administration Contract”) in which the Manager delegates to such sub-administrator any or all its duties specified in this Agreement, provided that the Sub-Administration Contract meets all applicable requirements of the 1940 Act and rules thereunder, as applicable. The Manager will at all times maintain responsibility for providing the administration services services, and will supervise any sub-administrator.

Appears in 1 contract

Samples: Management Agreement (Mainstay Vp Series Fund Inc)

Delegation of Administration Services. With respect to any or all series of the Trust, including the Funds, the Manager may enter into one or more contracts with a sub-administrator ("Sub-Administration Contract") in which the Manager delegates to such sub-administrator any or all its duties specified in this Agreement, provided that the Sub-Administration Contract meets all applicable requirements of the 1940 Act and rules thereunder, as applicable. The Manager will at all times maintain responsibility for providing the administration services and will supervise any sub-administrator.

Appears in 1 contract

Samples: Management Agreement (Mainstay Funds)

Delegation of Administration Services. With respect to any or all series of the Trust, including the FundsFund, the Manager may enter into one or more contracts with a sub-administrator (“Sub-Administration Contract”) in which the Manager delegates to such sub-administrator any or all its duties specified in this Agreement, provided that the Sub-Administration Contract meets all applicable requirements of the 1940 Act and rules thereunder, as applicable. The Manager will at all times maintain responsibility for providing the administration services and will supervise any sub-administrator.

Appears in 1 contract

Samples: Management Agreement (Mainstay Funds Trust)

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