Notice to Administrator. After the date hereof, the Ceding Company shall notify the Administrator promptly, but in no event later than five (5) Business Days, following its receipt of notice of any Action that has been instituted or threatened in writing relating to the Administered Business with respect to which the Ceding Company is named as a party, and shall promptly furnish to the Administrator copies of all pleadings in connection therewith.
Appears in 4 contracts
Sources: Administrative Services Agreement (Prudential Discovery Select Group Variable Contract Account), Administrative Services Agreement (Prudential Discovery Premier Group Variable Contract Account), Administrative Services Agreement (Prudential Discovery Premier Group Variable Contract Account)
Notice to Administrator. After the date hereof, the Ceding Company Companies shall notify the Administrator promptly, but in no event later than five (5) Business Days, following its their receipt of notice of any Action that has been instituted or threatened in writing relating to the Administered Business with respect to which the Ceding Company is named as a partyBusiness, and shall promptly furnish to the Administrator copies of all pleadings in connection therewith.
Appears in 2 contracts
Sources: Administrative Services Agreement (Minnesota Life Variable Life Account), Administrative Services Agreement (Variable Annuity Account)