Common use of SUB-ADMINISTRATION SERVICES Clause in Contracts

SUB-ADMINISTRATION SERVICES. The Sub-Administrator shall provide the services as listed on Schedule B (the “Services”), subject to the authorization and direction of the Administrator or the Company and, in each case where appropriate, the review and comment by the Administrator’s or the Company’s independent accountants and legal counsel and in accordance with procedures which may be established from time to time between the Administrator and the Sub-Administrator. The Sub-Administrator shall perform such other services for the Administrator as are mutually agreed to by the parties from time to time, and set forth in an amendment hereto, in accordance herewith, for which the Administrator will pay such fees as may be mutually agreed upon, including the Sub-Administrator’s reasonable out-of-pocket expenses. The provision of such additional services shall be on the terms and subject to the conditions of this Agreement. For purposes of this Agreement, the term “Services” shall include any such additional services. The Sub-Administrator shall provide the office facilities and devote such time and personnel determined by it to be necessary to fully and timely perform the Services; provided, however, that any such determination shall be commercially reasonable.

Appears in 1 contract

Sources: Sub Administration Agreement (Corporate Capital Trust II)

SUB-ADMINISTRATION SERVICES. The With respect to the ETF Trust, the Sub-Administrator shall provide the services as listed on Schedule B (B, and with respect to the “Services”)Mutual Funds Trust, the Sub-Administrator shall provide the services as listed on Schedule C, subject in all instances to the authorization and direction of the Administrator or the Company applicable Trust and, in each case where appropriate, the review and comment by the Administrator’s or the Company’s applicable Trust's independent accountants and the Administrator's or the applicable Trust's legal counsel and in accordance with procedures which may be established from time to time between the Administrator and the Sub-Administrator. The Sub-Administrator shall perform such other services for the Administrator as that are mutually agreed to in writing by the parties from time to time, and set forth in an amendment hereto, in accordance herewith, for which the Administrator will pay such fees as may be mutually agreed uponupon in writing, including the Sub-Administrator’s 's reasonable out-of-pocket expenses. The provision of such additional services shall be on subject to the terms and subject to the conditions of this Agreement. For purposes of this Agreement, the term “Services” shall include any such additional services. The Sub-Administrator shall provide the office facilities and devote such time and the personnel determined by it to be necessary to fully and timely perform the Services; provided, however, that any such determination shall be commercially reasonable.services contemplated herein. Information Classification: Limited Access

Appears in 1 contract

Sources: Master Sub Administration Agreement (USAA ETF Trust)