Common use of Notification of Interested Parties Clause in Contracts

Notification of Interested Parties. The Administrator shall send to Policyholders of the Administered Business and any other applicable service providers, custodians, Producers or other counterparties to the extent required by applicable Law or otherwise as agreed by the Ceding Company and the Administrator, a written notice prepared by the Administrator and reasonably acceptable to the Ceding Company, advising that the Administrator has been appointed by the Ceding Company to provide the Services. The Administrator shall send such written notice at its own expense, by first class U.S. mail, overnight delivery service or electronic mail, at a time and in a manner reasonably acceptable to the Ceding Company in all events in accordance with Applicable Law.

Appears in 4 contracts

Samples: Administrative Services Agreement (Prudential Discovery Premier Group Variable Contract Account), FSS Administrative Services Agreement (Prudential Discovery Select Group Variable Contract Account), FSS Administrative Services Agreement (Prudential Discovery Premier Group Variable Contract Account)

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