outsourcing arrangement definition

outsourcing arrangement means an arrangement between a licensee and a service provider whereby the service provider, or another person acting for the service provider, undertakes an activity on a continuing basis that would normally be undertaken by the licensee, and “outsource” shall be construed accordingly;
outsourcing arrangement means an arrangement of any form between a registered administrator and another person for the performance by that other person of a process, service or activity which would otherwise be undertaken by the registered administrator itself, and "outsourced" shall, other than in Parts VIB and IIA, be construed accordingly;
outsourcing arrangement means an arrangement in which a service provider provides the institution with a service that may currently or potentially be performed by the institution itself and which includes the following characteristics–

More Definitions of outsourcing arrangement

outsourcing arrangement means a contract between the Company or any of its Subsidiaries and a third party pursuant to which the third party provides services or support with respect to (i) original equipment manufacturing, or (ii) staffing, secondment or other workforce-related support (except for arrangements made with third party individuals), in each case, that is material to the Company and its Subsidiaries, taken as a whole.
outsourcing arrangement means any arrangement of any form between an insurer and another person, whether that person is regulated or supervised under any law or not, in terms of which that party performs a function that is integral to the nature of the insurance business that an insurer provides, which would otherwise be performed by the insurer itself in conducting short-term insurance business, and includes rendering services under a binder agreement and rendering policy data administration services, but excludes rendering services as intermediary;
outsourcing arrangement means an arrangement in which a service provider provides the bank with a service that may currently or potentially be performed by the bank itself and which includes the following characteristics:
outsourcing arrangement means a written, legally binding agreement between a banking institution and a third party service provider, where a third party service provider performs a business activity, function or process that the banking institution itself could ordinarily undertake;
outsourcing arrangement means an arrangement of any form between a registered administrator and another person for the performance by that other per- son of a process, service or activity which would
outsourcing arrangement. - means a written, legally binding agreement between a banking institution and a service provider, whereby a service provider performs a business activity, function and/or process that could ordinarily be undertaken by the banking institution itself;
outsourcing arrangement means an arrangement of any form between an undertaking and another person for the performance by that other person of a