Administrative Vendor definition
Examples of Administrative Vendor in a sentence
Except for expenses specifically assumed by Administrative Vendor in this Agreement, if any, Employer is responsible for all costs and expenses incident to the Plan.
The initial term of this Agreement is set to expire on April 15, 2008.
If during such litigation, investigation or proceedings Employer and Administrative Vendor and/or its Administrative Vendor Affiliates are represented by the same counsel selected by Administrative Vendor and a conflict of interest arises, the selected counsel may continue to represent the interests of Administrative Vendor and/or its Administrative Vendor Affiliates if Employer waives any conflict for such representation and retains its own counsel, or separate counsel for the Plan, at its own expense.
The Eligibility Reports shall specify the information requested by Administrative Vendor which shall include, but not be limited to, the effective date for each Participant who is added to or terminated from participation in the Plan.
Employer shall submit amended Eligibility Report(s) to Administrative Vendor in advance of a permitted change to either the Employer or Employee contributions to the Plan.
Administrative Vendor and Admin- istrative Vendor Affiliates shall not be deemed partners with the Eligible Custodian and/or Employer, nor are they engaging in a joint venture or governed by any legal relationship other than that of independent contractor.
Administrative Vendor agrees only to transfer Claim data to the Eligible Custodian after receiving proper HIPAA Authorization and Release from Participants when required under HIPAA.
Employer understands and agrees that Administrative Vendor will not make any contributions to Consumer Spending Accounts.
Administrative Vendor assumes no risk or obligation with respect to the Consumer Spending Accounts.
Neither Employer nor Administrative Vendor can assign this Agreement without the other party’s written consent; such consent shall not be unreasonably withheld, provided, however, Administrative Vendor may assign this Agreement to any current or future Administrative Vendor Affiliate without consent of Employer.