NMS RESPONSIBILITIES Clause Samples
The "NMS Responsibilities" clause defines the specific duties and obligations assigned to the Network Management System (NMS) provider within an agreement. This typically includes tasks such as monitoring network performance, managing system updates, troubleshooting issues, and ensuring the overall reliability and security of the network infrastructure. By clearly outlining these responsibilities, the clause ensures that both parties understand the scope of services provided and helps prevent disputes regarding service expectations or accountability.
NMS RESPONSIBILITIES. During the term of this Agreement:
2.1. NMS will be responsible for ensuring that all services are rendered as described in Appendix A to this Agreement.
2.2. NMS will be responsible for the performance standards as described in Appendix B to this Agreement.
2.3. NMS will maintain all appropriate regulatory approvals necessary to provide the services specified in this Agreement. NMS will promptly notify ▇▇▇▇ Atlantic of the commencement of any disciplinary proceeding against it or any of its principal officers relating to any state or federal health care regulation.
2.4. NMS will be responsible for the overall management of ▇▇▇▇ Atlantic's Vendors relating to communicating eligibility, enrollment, financial and performance data between ▇▇▇▇ Atlantic and the Vendors.
2.5. NMS will provide to the Vendors summaries and detailed enrollment and premium payment information on an agreed upon basis, including full retroactivity data according to ▇▇▇▇ Atlantic and Vendor payment rules.
2.6. NMS will provide a customer service telephone number for use by ▇▇▇▇ Atlantic, the Vendors and Participants between 7:00 a.m. and 4:00 p.m. (Central Time) each business day and between 7:00 a.m. and 7:00 p.m. (Central Time) on Thursday during open enrollment. The number will be staffed with personnel trained to answer eligibility, premium and service fee payment, invoice and status questions relating to Plans.
2.7. NMS will promptly respond to all inquiries from ▇▇▇▇ Atlantic and the Vendors regarding eligibility, premium, service fees, invoice and status questions. NMS will promptly refer inquiries not related to its duties under this Agreement (e.g., coverage issues) to the appropriate Vendor or to ▇▇▇▇ Atlantic and ▇▇▇▇ Atlantic will direct Participants to call such Vendor or ▇▇▇▇ Atlantic regarding all such inquiries.
2.8. NMS will be the primary contact for most Vendor issues and will promptly respond to all inquiries from Vendors, whether directly from the Vendor or ▇▇▇▇ Atlantic, regarding the status of enrollees, billing, receipt and disbursement of premiums, and reconciliation issues. NMS shall promptly notify ▇▇▇▇ Atlantic of any concerns or problems identified by a Vendor.
2.9. NMS will send to ▇▇▇▇ Atlantic (via facsimile or other means) an invoice that provides a detailed account of the payments to be made to the Vendors and NMS. ▇▇▇▇ Atlantic shall review the invoice and contact NMS to resolve questions with respect thereto. NMS will endeavor to respond to such inq...
NMS RESPONSIBILITIES. NMS shall be responsible for PepsiCo benefit Vendor eligibility and financial data management including, data receipt from PepsiCo divisions, warehousing and data distribution and financial reconciling between Corporate and all benefit Vendors. NMS is further responsible for generating standard accounting reports associated with these functions. NMS shall produce a thirteen (13) month billing report to be used by Corporate for purposes of divisional allocation. It is further understood that the Vendors will be paid based on a separate twelve (12) month data base and that the two data bases will not fully reconcile at any point in time. Specific contracted responsibilities are expressed in the Service and Pricing document attached as Appendix A. Specific performance requirements are expressed in the Performance Guarantee document attached as Appendix B.
NMS RESPONSIBILITIES. 1. NMS shall be responsible for ensuring that all services, reports, program and information are rendered according to the highest industry standards.
2. Wherever possible, and when indicated by size, NMS will interact with GECS and Vendors on a fully electronic basis for the transmission of eligibility, enrollment and financial data.
3. NMS shall maintain all appropriate regulatory approval necessary to provide the services specified in this Agreement. NMS will promptly notify GECS of the institution of any disciplinary proceeding against it or any of its principal persons or employees relating to any state or federal regulatory issue.
NMS RESPONSIBILITIES. NMS hereby agrees to:
(i) Accept investor data from Issuer, generally via Issuer’s website portal and software system, but also via other means as may be established by mutual agreement of the Parties;
(ii) Review and process information from potential investors, including but not limited to running reasonable background checks for anti-money laundering (“AML”), IRS tax fraud identification and USA PATRIOT Act purposes, and gather and review responses to customer identification information;
(iii) Review subscription agreements received from prospective investors to confirm they are complete;
(iv) Contact Issuer if needed, to gather additional information or clarification from prospective investors;
(v) Advise Issuer as to permitted investment limits for investors pursuant to Regulation A, Tier 2;
(vi) Provide Issuer with prompt notice about inconsistent, incorrect or otherwise flagged (e.g. for underage or AML reasons) subscriptions; Serve as registered agent where required for state blue sky requirements;
(vii) Transmit data to transfer agent as book-entry data for maintaining Issuer’s responsibilities for managing investors (investor relationship management, aka “IRM”) and for maintaining future good-delivery and recordkeeping; and
(viii) Keep investor details and data confidential and not disclose to any third-party except as required by regulators, by law or in our performance under this Agreement (e.g. as needed for AML);
(ix) Except for Participating Dealer Agreements, no agreement will be made by NMS with any person permitting the resale, repurchase or distribution of any Shares purchased by such person. ;
(x) Except as otherwise consented to by the Company, NMS has not and will not use or distribute any written offering materials other than the Offering Circular. NMS has not and will not use any “broker-dealer use only” materials with members of the public, or has not and will not make any unauthorized verbal representations or verbal representations which contradict or are inconsistent with the statements made in the Offering Circular in connection with offers or sales of the Shares.