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

Samples: Administration Agreement (Quaker Investment Trust), Administration Agreement (KP Funds), Administration Agreement (Tortoise North American Energy Corp)

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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 44 contracts

Samples: Administration Agreement (Schroder Global Series Trust), Administration Agreement (Riverpark Funds Trust), Administration Agreement (Advisors' Inner Circle Fund II)

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

Samples: 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 6 contracts

Samples: Sub Administration Agreement (Nexpoint Real Estate Strategies Fund), Sub Administration Agreement (Nexpoint Latin American Opportunities Fund), Sub Administration Agreement (Highland Floating Rate Opportunities 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 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

Samples: Custodian Agreement (Huntington Va Funds), Administration Agreement (Huntington Va Funds), Administration Agreement (Huntington Va Funds)

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

Samples: Administration Agreement (Gallery Trust), Administration Agreement (Winton Series Trust), Administration Agreement (Winton Diversified Opportunities 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

Samples: Administration Agreement (Touchstone Strategic Trust), Administration Agreement (Touchstone Variable Series Trust), Administration Agreement (Touchstone Investment 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 4 contracts

Samples: Administration Agreement (Causeway Capital Management Trust), Administration Agreement (Friends Ivory Funds), Administration Agreement (Friends Ivory & Sime 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 3 contracts

Samples: 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

Samples: 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 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

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

Samples: 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 ’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

Samples: 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 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

Samples: 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

Samples: 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 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

Samples: Administration Agreement (Armada Funds), Co Administration Agreement (Armada 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 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 2 contracts

Samples: 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 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

Samples: Exhibit 9c (Expedition Funds), Administration Agreement (Profit Funds Investment 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 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.. THIS DOCUMENT CONSTITUTES CONFIDENTIAL INFORMATION OF SEI INVESTMENTS GLOBAL FUNDS SERVICES

Appears in 1 contract

Samples: Administration Agreement (Schroder Series Trust)

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

Samples: Administration Agreement (Forward 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 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.. THIS DOCUMENT CONSTITUTES CONFIDENTIAL INFORMATION OF SEI INVESTMENTS GLOBAL FUNDS SERVICES

Appears in 1 contract

Samples: 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 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

Samples: Administration Agreement (Turner 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

Samples: 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

Samples: Administration Agreement (Monument Series Fund 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 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

Samples: Administration Agreement (Us Global Investors Funds)

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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

Samples: Administration Agreement (Krane Shares 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

Samples: 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

Samples: Administration Agreement (Oak Associates 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

Samples: Fund Administration Agreement (Aberdeen Funds)

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

Samples: Fund Administration Agreement (Tactical Investment Series Trust)

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

Samples: Administration Agreement (Touchstone Funds Group 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.. SEI – 145438v7

Appears in 1 contract

Samples: 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 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

Samples: 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 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

Samples: Administration Agreement (Monitor 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

Samples: 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 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

Samples: Administration Agreement (Symmetry Panoramic 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 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

Samples: Class Ii Administration Agreement (Turner 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 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

Samples: Administration Agreement (Frost Family of 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

Samples: Administration Agreement (Accessor 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 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

Samples: 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 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

Samples: Administration Agreement (Nevis Fund Inc)

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