Provision of Fund Documents for Paper Delivery. The Fund and/or the Underwriter shall: (a) At their reasonable expense, as the Company may reasonably request from time to time, provide the Company with sufficient paper copies of the then current Fund Documents, so that the Company may maintain a supply of such current paper documents sufficient in its reasonable judgment to meet anticipated requests from existing Contract Owners (see paragraphs (i)(1) and (j)(3) of Rule 498A). Such Company requests shall be fulfilled reasonably promptly, but in no event more than 30 business days after the request from the Company is received by either the Fund or the Underwriter. (b) Alternatively, if requested by the Company in lieu thereof, the Fund or its designee shall provide such electronic or other documentation (including "camera ready" copies of the current Fund Documents as set in type, or at the request of the Company, a diskette in a form suitable to be sent to a financial printer), and such other assistance as is reasonably necessary to have the then current Fund Documents printed for distribution; the reasonable costs of providing the electronic documentation and of such printing to be borne by the Fund. (c) The Fund and/or the Underwriter shall reimburse the Company for the reasonable costs of mailing the Fund Documents to existing Contract Owners. This reimbursement is in addition to, and not part of or in lieu of, the Website Hosting Fee specified above.
Appears in 3 contracts
Sources: Participation Agreement (Victory Variable Insurance Funds), Participation Agreement (Victory Variable Insurance Funds), Participation Agreement (Victory Variable Insurance Funds)
Provision of Fund Documents for Paper Delivery. The Fund and/or and the Underwriter shall:
(a) At their reasonable expense, as As the Company may reasonably request from time to time, provide the Company with sufficient paper copies of the then current Fund Documents, so that the Company may maintain a supply of such current paper documents sufficient in its reasonable judgment to meet anticipated requests from existing Contract Owners (see paragraphs (e) and (f) of Rule 30e-3 and paragraphs (i)(1) and (j)(3) of Rule 498A). Such Company requests shall be fulfilled reasonably promptly, but in no event more than 30 7 business days after the request from the Company is received by either the Fund or the UnderwriterFund.
(b) Alternatively, if requested by the Company in lieu thereof, the Fund or its designee shall provide such electronic or other documentation (including "“camera ready" ” copies of the current Fund Documents as set in type, or at the request of the Company, a diskette in a form suitable to be sent to a financial printer), and such other assistance as is reasonably necessary to have the then current Fund Documents printed for distribution; the reasonable costs of providing the electronic documentation and of such printing to be borne by the FundFund in accordance with Schedule A of the FSA.
(c) The Fund and/or the Underwriter shall reimburse the Company Expenses for the reasonable for the costs of mailing the Fund Documents to existing Contract Owners. This reimbursement is Owners and the costs of providing electronic documentation as set forth in addition to, and not part of or this Section 2 shall be allocated in lieu of, accordance with the Website Hosting Fee specified aboveAdministrative Services Agreement.
Appears in 2 contracts
Sources: Participation Agreement (C M Life Variable Life Separate Account I), Participation Agreement (Massachusetts Mutual Variable Annuity Separate Account 4)
Provision of Fund Documents for Paper Delivery. The Fund and/or the Underwriter shall:
(a) At their reasonable its expense, as the Company may reasonably request from time to time, provide the Company with sufficient paper copies of the then current Fund Documents, so that the Company may maintain a supply of such current paper documents sufficient in its reasonable judgment to meet anticipated requests from existing Contract Owners (see paragraphs (e) and (f) of Rule 30e-3 and paragraphs (i)(1) and (j)(3) of Rule 498A). Such Company requests shall be fulfilled reasonably promptly, but in no event more than 30 three (3) business days after the request from the Company is received by either the Fund or the Underwriter.
(b) Alternatively, if requested by the Company in lieu thereof, the Fund Underwriter or its designee shall provide such electronic or other documentation (including "“camera ready" ” copies of the current Fund Documents as set in type, or at the request of the Company, a diskette in a form suitable to be sent to a financial printer), and such other assistance as is reasonably necessary to have the then current Fund Documents printed for distribution; the reasonable costs of providing the electronic documentation and of such printing to be borne by the FundUnderwriter.
(c) The Fund and/or the Underwriter shall reimburse the Company for the reasonable costs of mailing the Fund Documents to existing Contract Owners. This reimbursement is in addition to, and not part of or in lieu of, the Website Hosting Fee specified above.
Appears in 1 contract
Sources: Participation Agreement (C M Life Variable Life Separate Account I)