Common use of Equipment Failures Clause in Contracts

Equipment Failures. In the event of equipment failures beyond the Administrator's control, the Administrator shall take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 54 contracts

Sources: Administration Agreement (Quaker Investment Trust), Administration Agreement (KP Funds), Administration Agreement (Community Development Fund)

Equipment Failures. In the event of equipment failures beyond the Administrator's ’s control, the Administrator shall take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 46 contracts

Sources: Administration Agreement (Bishop Street Funds), Administration Agreement (SEI Exchange Traded Funds), Administration Agreement (SEI Exchange Traded Funds)

Equipment Failures. In the event of equipment failures beyond the Administrator's control, the Administrator shall shall, at no additional expense to the Trust, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 21 contracts

Sources: Administration Agreement (Touchstone ETF Trust), Administration Agreement (Cni Charter Funds), Administration Agreement (Cni Charter Funds)

Equipment Failures. In the event of equipment failures beyond the Administrator's ’s control, the Administrator shall take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect theretothereto unless losses of the Trust are the direct result of the Administrator’s failure to develop and/or maintain a plan of recovery from equipment failures. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 7 contracts

Sources: Sub Administration Agreement (Highland Opportunities & Income Fund), Sub Administration Agreement (Nexpoint Latin American Opportunities Fund), Administration Agreement (Highland Global Allocation Fund)

Equipment Failures. In the event of equipment failures beyond the Administrator's control, the Administrator shall shall, at no additional expense to the Trusts, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 5 contracts

Sources: Administration Agreement (Touchstone Strategic Trust), Administration Agreement (Touchstone Variable Series Trust), Administration Agreement (Touchstone Tax Free Trust)

Equipment Failures. In the event of equipment failures beyond the Administrator's reasonable control, the Administrator shall take all reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 5 contracts

Sources: Administration Agreement (Winton Diversified Opportunities Fund), Administration Agreement (Gallery Trust), Administration Agreement (Gallery Trust)

Equipment Failures. In the event of equipment failures beyond the Administrator's control, the Administrator shall shall, at no additional expense to the Trust, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect theretoto such service interruptions if such reasonable steps are taken. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 5 contracts

Sources: Custodian Agreement (Huntington Va Funds), Administration Agreement (Huntington Va Funds), Administration Agreement (Huntington Funds /Ma/)

Equipment Failures. In the event of equipment failures beyond the Administrator's control, the Administrator shall shall, at no additional expense to the Trust, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 4 contracts

Sources: Administration Agreement (Friends Ivory & Sime Funds), Administration Agreement (Friends Ivory Funds), Administration Agreement (Causeway Capital Management Trust)

Equipment Failures. In the event of equipment failures beyond the Administrator's ’s control, the Administrator shall take reasonable and prompt steps to minimize service interruptions but interruptions, and under such circumstances in light of such steps shall have no liability with respect thereto. The Administrator shall develop and maintain maintain, and periodically test a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 3 contracts

Sources: Administration Agreement (Cambria ETF Trust), Administration Agreement (Cambria ETF Trust), Administration Agreement (Cambria ETF Trust)

Equipment Failures. In the event of equipment failures beyond ------------------ the Administrator's control, the Administrator shall shall, at no additional expense to the Company, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 3 contracts

Sources: Administration Agreement (Uam Funds Inc Ii/), Administration Agreement (Uam Funds Trust), Administration Agreement (Uam Funds Inc)

Equipment Failures. In the event of equipment failures beyond the Administrator's ’s control, the Administrator shall take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect theretothereto except to the extent such failure is caused by the Administrator’s negligence, bad faith or fraud in the performance of the Administration Services. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 3 contracts

Sources: Fund Administration Agreement (Aberdeen Standard Investments ETFs), Fund Administration Agreement (Aberdeen Funds), Fund Administration Agreement (Aberdeen Funds)

Equipment Failures. In the event of equipment failures beyond the Administrator's control, the Administrator shall shall, at no additional expense to the Fund, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 2 contracts

Sources: Administration Agreement (Amerindo Funds Inc), Administration Agreement (Amerindo Funds Inc)

Equipment Failures. In the event of equipment failures or the occurrence of events beyond the Administrator's controlcontrol which render the performance of the Administrator's functions under this Agreement impossible, the Administrator shall at no additional expense to the Fund, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect theretointerruptions. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate third parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 2 contracts

Sources: Administration Agreement (Fleming Capital Mutual Fund Group Inc), Administration Agreement (Fleming Capital Mutual Fund Group Inc)

Equipment Failures. In the event of equipment failures ------------------ beyond the Administrator's control, the Administrator shall shall, at no additional expense to the Trust, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 2 contracts

Sources: Administration Agreement (Profit Funds Investment Trust), Administration Agreement (Expedition Funds)

Equipment Failures. In the event of equipment failures beyond the Administrator's control, the Administrator shall take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan reasonable in scope and detail for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 2 contracts

Sources: Administration Agreement (Rydex Capital Partners Sphinx Fund), Administration Agreement (Rydex Capital Partners Sphinx Fund)

Equipment Failures. In the event of equipment ------------------ failures beyond the Administrator's control, the Administrator shall shall, at no additional expense to the Trust, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 2 contracts

Sources: Administration Agreement (Turner Funds), Administration Agreement (Expedition Funds)

Equipment Failures. In the event of equipment failures beyond the Administrator's ’s control, the Administrator shall take commercially reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available. In the event of equipment failures, the Administrator shall, at no additional expense to the Funds, take commercially reasonable steps to minimize service interruptions.

Appears in 2 contracts

Sources: Administration Agreement (Delaware Wilshire Private Markets Fund), Administration Agreement (Delaware Wilshire Private Markets Tender Fund)

Equipment Failures. In the event of equipment failures beyond the an Administrator's control, the Administrator shall shall, at no additional expense to the Trust, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Each Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 2 contracts

Sources: Co Administration Agreement (Armada Funds), Co Administration Agreement (Armada Funds)

Equipment Failures. In the event of equipment failures beyond the Administrator's control, the Administrator shall take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect theretothereto except to the extent such failure is caused by the Administrator's negligence, bad faith or fraud in the performance of the Administration Services. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 1 contract

Sources: Fund Administration Agreement (Aberdeen Funds)

Equipment Failures. In the event of equipment failures beyond the Administrator's control, the Administrator shall shall, at no additional expense to the Company, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 1 contract

Sources: Administration Agreement (First Omaha Funds Inc)

Equipment Failures. In the event of equipment failures beyond the Administrator's ’s control, the Administrator shall take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect theretothereto unless losses of the Trust are the direct result of the Administrator’s failure to develop and/or maintain a plan of recovery from equipment failures. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.. SEI – 266109

Appears in 1 contract

Sources: Administration Agreement (Highland Funds I)

Equipment Failures. In the event of equipment failures beyond the Administrator's ’s control, the Administrator shall take reasonable and prompt steps to minimize service interruptions but interruptions, and under such circumstances in light of such steps shall have no liability with respect thereto. The Administrator shall develop and maintain maintain, and periodically test a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.. SEI – 145438v7

Appears in 1 contract

Sources: Administration Agreement (Cambria ETF Trust)

Equipment Failures. In the event of equipment failures beyond the Administrator's ’s control, the Administrator shall take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures with a recovery time objective of no more than twenty-four (24) hours, which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 1 contract

Sources: Administration Agreement (Krane Shares Trust)

Equipment Failures. In the event of equipment failures beyond the Administrator's ’s control, the Administrator shall take reasonable and prompt steps to minimize service interruptions but subject always to the standard of care indicated in Section 4.01.08, shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 1 contract

Sources: Administration Agreement (Us Global Investors Funds)

Equipment Failures. In the event of equipment failures beyond the Administrator's control, the Administrator shall shall, at no additional expense to the Class II Shares, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 1 contract

Sources: Administration Agreement (Turner Funds)

Equipment Failures. In the event of equipment failures beyond the Administrator's reasonable control, subject to the standard of care set forth in Section 5.01, the Administrator shall take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 1 contract

Sources: Administration Agreement (Accessor Funds Inc)

Equipment Failures. In the event of equipment failures beyond the Administrator's ’s control, the Administrator shall shall, at no additional expense to the Trust, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 1 contract

Sources: Fund Administration Agreement (Tactical Investment Series Trust)

Equipment Failures. In the event of equipment failures beyond the Administrator's ’s control, the Administrator shall take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The T he Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 1 contract

Sources: Administration Agreement (Frost Family of Funds)

Equipment Failures. In the event of equipment failures beyond the Administrator's ’s reasonable control, subject to the standard of care set forth in Section 5.01, the Administrator shall take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 1 contract

Sources: Administration Agreement (Forward Funds)

Equipment Failures. The Administrator shall have no liability with respect to equipment failures beyond its reasonable control , In the event of equipment failures beyond the Administrator's controlfailures, the Administrator shall shall, at no additional expense to the Fund, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect theretointerruptions. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 1 contract

Sources: Administration Agreement (Johnsonfamily Funds Inc)

Equipment Failures. In the event of equipment failures beyond the Administrator's control, the Administrator shall will, at no additional expense to the Fund, take reasonable and prompt steps to minimize service interruptions but shall will have no liability with respect thereto. The Administrator shall will develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 1 contract

Sources: Administration Agreement (Monument Series Fund Inc)

Equipment Failures. In the event of equipment failures ------------------ beyond the Administrator's control, the Administrator shall shall, at no additional expense to the Fund, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 1 contract

Sources: Administration Agreement (Nevis Fund Inc)

Equipment Failures. In the event of equipment failures beyond the Administrator's control’s control that could not have been prevented or circumvented by commercially reasonable precautions, including adherence to a plan set forth in this paragraph, the Administrator shall take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto, except as may otherwise be provided herein. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 1 contract

Sources: Administration Agreement (Conversus StepStone Private Markets)

Equipment Failures. In the event of equipment failures beyond the Administrator's ’s control, the Administrator shall shall, at no additional expense to the Trusts, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 1 contract

Sources: Administration Agreement (Touchstone Funds Group Trust)

Equipment Failures. In the event of equipment failures beyond the Administrator's ’s reasonable control, the Administrator shall take reasonable and prompt steps to minimize service interruptions but interruptions, and under such circumstances in light of such steps, shall have no liability with respect thereto. The Administrator shall develop and maintain maintain, and periodically test a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 1 contract

Sources: Administration Agreement (Causeway ETMF Trust)

Equipment Failures. In the event of equipment failures ------------------- beyond the Administrator's control, the Administrator shall shall, at no additional expense to the Trust, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 1 contract

Sources: Administration Agreement (Oak Associates Funds)

Equipment Failures. In the event of equipment failures beyond the Administrator's control, the Administrator shall shall, at no additional expense to the Fund, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 1 contract

Sources: Administration Agreement (Millennium Funds Inc)

Equipment Failures. In the event of equipment failures beyond ------------------- the Administrator's control, the Administrator shall shall, at no additional expense to the Trust, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 1 contract

Sources: Administration Agreement (Sei Asset Allocation Trust)

Equipment Failures. In the event of equipment failures beyond the Administrator's control, the Administrator shall shall, at no additional expense to the Class I Shares, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 1 contract

Sources: Administration Agreement (Turner Funds)

Equipment Failures. In the event of equipment failures beyond the Administrator's control, the Administrator shall shall, at no additional expense to the Trust, take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect to such service interruptions if such reasonable steps are taken thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 1 contract

Sources: Administration Agreement (Monitor Funds)

Equipment Failures. In the event of equipment failures beyond the Administrator's ’s control, the Administrator shall take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.. SEI - 262056 THIS DOCUMENT CONSTITUTES CONFIDENTIAL INFORMATION OF SEI INVESTMENTS GLOBAL FUNDS SERVICES

Appears in 1 contract

Sources: Administration Agreement (Symmetry Panoramic Trust)