Common use of Equipment Failures Clause in Contracts

Equipment Failures. In the event of equipment failures or the occurrence of events beyond the Administrator’s control which render the performance of the Administrator’s functions under this Agreement impossible, the Administrator shall take reasonable steps to minimize service interruptions and is authorized to engage the services of third parties (at the Administrator’s expense) to prevent or remedy such service interruptions.

Appears in 21 contracts

Samples: Administration Agreement (Brookfield Investment Funds), Administration Agreement (Brookfield Investment Funds), Administration Agreement (Oaktree Diversified Income Fund Inc.)

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Equipment Failures. In the event of equipment failures or the occurrence of events beyond the Administrator’s 's control which render the performance of the Administrator’s 's functions under this Agreement impossible, the Administrator shall take reasonable steps to minimize service interruptions and is authorized to engage the services of third parties (at the Administrator’s expense) to prevent or remedy such service interruptions.

Appears in 13 contracts

Samples: Exhibit 9 (Phoenix Engemann Funds), Administration Agreement (First Defined Sector Fund), Administration Agreement (Pic Investment Trust)

Equipment Failures. In the event of equipment failures or the occurrence of events beyond the Administrator’s 's control which render the performance of the Administrator’s 's functions under this Agreement impossible, the Administrator shall take reasonable steps to minimize service interruptions and is authorized to engage the services of third parties (at the Administrator’s 's expense) to prevent or remedy such service interruptions.

Appears in 6 contracts

Samples: Administration Agreement (Tocqueville Trust), Administration Agreement (44 Wall Street Equity Fund Inc /Md/), Administration Agreement (Tocqueville Trust)

Equipment Failures. In the event of equipment failures or the occurrence of events beyond the Administrator’s 's control which render the performance of the Administrator’s 's functions under this Agreement agreement impossible, the Administrator shall take reasonable steps to minimize service interruptions and is authorized to engage the services of third parties (at the Administrator’s expense) to prevent or remedy such service interruptions.

Appears in 6 contracts

Samples: Administration Agreement (Professionally Managed Portfolios), Administration Agreement (Rochdale Investment Trust), Administration Agreement (U S Global Leaders Variable Insurance Trust)

Equipment Failures. In the event of equipment failures failure or the occurrence of events beyond the Administrator’s 's control which render the performance of the Administrator’s 's functions under this Agreement impossible, the Administrator shall take reasonable steps to minimize service interruptions and is authorized to engage the services of third parties (at the Administrator’s 's expense) to prevent or remedy such service interruptions.

Appears in 2 contracts

Samples: Assignment and Assumption (Guinness Flight Investment Funds Inc), Administration Agreement (Guinness Flight Investment Funds)

Equipment Failures. In the event of equipment failures or ------------------ the occurrence of events beyond the Administrator’s 's control which render the performance of the Administrator’s 's functions under this Agreement impossible, the Administrator shall take reasonable steps to minimize service interruptions and is authorized to engage the services of third parties (at the Administrator’s expense) to prevent or remedy such service interruptions.

Appears in 1 contract

Samples: Administration Agreement (Builders Proloan Fund Inc)

Equipment Failures. In the event of equipment failures or the occurrence of events beyond the Administrator’s 's control which render the performance of the Administrator’s 's functions under this Agreement impossible, the Administrator shall take reasonable steps to minimize service interruptions and is authorized to engage the services of third parties (at the Administrator’s expense) to prevent or remedy such service interruptionsparties.

Appears in 1 contract

Samples: Administration Agreement (California Investment Trust)

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Equipment Failures. In the event of equipment failures or if the occurrence of events beyond the Administrator’s 's control which render the performance of the Administrator’s 's functions under this Agreement impossible, the Administrator shall take reasonable steps to minimize service interruptions and is authorized to engage the services of third parties (at the Administrator’s 's expense) to prevent or remedy such service interruptions.

Appears in 1 contract

Samples: Administration Agreement (Matterhorn Growth Fund Inc)

Equipment Failures. In the event of equipment failures or the occurrence of events beyond the Administrator’s Manager's control which render the performance of the Administrator’s Manager's functions under this Agreement agreement impossible, the Administrator Manager shall take reasonable steps to minimize service interruptions and is authorized to engage the services of third parties (at the Administrator’s expense) to prevent or remedy such service interruptions.

Appears in 1 contract

Samples: Management Agreement (Professionally Managed Portfolios)

Equipment Failures. In the event of equipment failures or the occurrence of events beyond the Administrator’s 's control which render the performance of the Administrator’s 's functions under this Agreement impossible, the Administrator shall take reasonable steps to minimize service interruptions and is authorized to engage the services of third parties (at the Administrator’s expense) to prevent or remedy such service interruptionsinterruptions at no cost to the Trust.

Appears in 1 contract

Samples: Administration Agreement (Nicholas Applegate Mutual Funds)

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