Common use of Service to Other Clients Clause in Contracts

Service to Other Clients. Each Allstate Affiliate acknowledges that ALLSTATE INVESTMENTS may perform services for clients other than the Allstate Affiliates that are similar to the services to be performed pursuant to this Agreement, and that ALLSTATE INVESTMENTS is free to do so provided that its services pursuant to this Agreement are not in any way impaired. Each Allstate Affiliate agrees that ALLSTATE INVESTMENTS may provide investment advice to any of its other clients that may differ from advice given to such Allstate Affiliate, or take action with respect to assets owned by it or its other clients that may differ from the action taken with respect to any Account and/or assets held therein, so long as ALLSTATE INVESTMENTS, to the extent reasonable and practicable, allocates investment opportunities to each Account on a fair and equitable basis relative to ALLSTATE INVESTMENTS' other clients. It is understood that ALLSTATE INVESTMENTS shall have no obligation to purchase or sell, or to recommend for purchase or sale for any Account, any security that ALLSTATE INVESTMENTS, its affiliates, employees or agents may purchase or sell for its or their own accounts or for the account of any other client, if, in the opinion of ALLSTATE INVESTMENTS, such transaction or investment appears unsuitable, impractical or undesirable for such Account. It is agreed that ALLSTATE INVESTMENTS may use any supplemental investment research obtained for the benefit of an Allstate Affiliate in providing investment advice to its other clients or its own accounts. Conversely, such supplemental information obtained by the placement of business for ALLSTATE INVESTMENTS or other entities advised by ALLSTATE INVESTMENTS will be considered by and may be useful to ALLSTATE INVESTMENTS in carrying out its obligations to each Allstate Affiliate.

Appears in 4 contracts

Samples: Tax Sharing Agreement (Northbrook Life Insurance Co), Investment Management Agreement (Allstate Life Insurance Co), Investment Management Agreement (Allstate Life Insurance Co)

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Service to Other Clients. Each Allstate Affiliate AFFILIATE acknowledges that ALLSTATE INVESTMENTS Allstate may perform services for clients other than the Allstate Affiliates that AFFILIATE which are similar to the services to be performed pursuant to this Agreement, and that ALLSTATE INVESTMENTS Allstate is free to do so provided that its services pursuant to this Agreement are not in any way impaired. Each Allstate Affiliate AFFILIATE agrees that ALLSTATE INVESTMENTS Allstate may provide investment advice to any of its other clients that may differ from advice given to such Allstate AffiliateAFFILIATE, or take action with respect to assets owned by it or its other clients that may differ from the action taken with respect to any the Account and/or assets held therein, so long as ALLSTATE INVESTMENTSAllstate, to the extent reasonable and practicable, allocates investment opportunities to each the Account on a fair and equitable basis relative to ALLSTATE INVESTMENTS' Allstate's other clients. It is understood that ALLSTATE INVESTMENTS Allstate shall have no obligation to purchase or sell, or to recommend for purchase or sale for any the Account, any security that ALLSTATE INVESTMENTSwhich Allstate, its affiliates, employees or agents may purchase or sell for its or their own accounts or for the account of any other client, if, in the opinion of ALLSTATE INVESTMENTSAllstate, such transaction or investment appears unsuitable, impractical or undesirable for such the Account. It is agreed that ALLSTATE INVESTMENTS Allstate may use any supplemental investment research obtained for the benefit of an Allstate Affiliate AFFILIATE in providing investment advice to its other clients or its own accounts. Conversely, such supplemental information obtained by the placement of business for ALLSTATE INVESTMENTS Allstate or other entities advised by ALLSTATE INVESTMENTS Allstate will be considered by and may be useful to ALLSTATE INVESTMENTS Allstate in carrying out its obligations to each Allstate AffiliateAFFILIATE.

Appears in 3 contracts

Samples: Tax Sharing Agreement (Northbrook Life Insurance Co), Service and Expense Agreement (Northbrook Life Insurance Co), Service and Expense Agreement (Allstate Life Insurance Co)

Service to Other Clients. Each Allstate Affiliate ALNY acknowledges that ALLSTATE INVESTMENTS may perform services for clients other than the Allstate Affiliates that ALNY which are similar to the services to be performed pursuant to this Agreement, and that ALLSTATE INVESTMENTS is free to do so provided that its services pursuant to this Agreement are not in any way impaired. Each Allstate Affiliate ALNY agrees that ALLSTATE INVESTMENTS may provide investment advice to any of its other clients that may differ from advice given to such Allstate AffiliateALNY, or take action with respect to assets owned by it or its other clients that may differ from the action taken with respect to any the Account and/or assets held therein, so long as ALLSTATE INVESTMENTS, to the extent reasonable and practicable, allocates investment opportunities to each the Account on a fair and equitable basis relative to ALLSTATE INVESTMENTS' other clients. It is understood that ALLSTATE INVESTMENTS shall have no obligation to purchase or sell, or to recommend for purchase or sale for any the Account, any security that security, which ALLSTATE INVESTMENTS, its affiliates, employees or agents may purchase or sell for its or their own accounts or for the account of any other client, if, in the opinion of ALLSTATE INVESTMENTS, such transaction or investment appears unsuitable, impractical or undesirable for such the Account. It is agreed that ALLSTATE INVESTMENTS may use any supplemental investment research obtained for the benefit of an Allstate Affiliate ALNY in providing investment advice to its other clients or its own accounts. Conversely, such supplemental information obtained by the placement of business for ALLSTATE INVESTMENTS or other entities advised by ALLSTATE INVESTMENTS will be considered by and may be useful to ALLSTATE INVESTMENTS in carrying out its obligations to each Allstate AffiliateALNY.

Appears in 2 contracts

Samples: Investment Advisory Agreement (Allstate Life Insurance Co), Service Agreement (Allstate Life Insurance Co of New York)

Service to Other Clients. Each Allstate Affiliate acknowledges that ALLSTATE INVESTMENTS may perform services for clients other than the Allstate Affiliates that are similar to the services to be performed pursuant to this Agreement, and that ALLSTATE INVESTMENTS is free to do so provided that its services pursuant to this Agreement are not in any way impaired. Each Allstate Affiliate agrees that ALLSTATE INVESTMENTS may provide investment advice to any of its other clients that may differ from advice given to such Allstate Affiliate, or take action with respect to assets owned by it or its other clients that may differ from the action taken with respect to any Account and/or assets held therein, so long as ALLSTATE INVESTMENTS, to the extent reasonable and practicable, allocates investment opportunities to each Account on a fair and equitable basis relative to ALLSTATE INVESTMENTS' other clients. It is understood that ALLSTATE INVESTMENTS shall have no obligation to purchase or sell, or to recommend for purchase or sale for any Account, any security that ALLSTATE INVESTMENTS, its affiliates, employees or agents may purchase or sell for its or their own accounts or for the account of any other client, if, in the opinion of ALLSTATE INVESTMENTS, such transaction or investment appears unsuitable, impractical or undesirable for such Account. It is agreed that ALLSTATE INVESTMENTS may use any supplemental investment research obtained for the benefit of an Allstate Affiliate in providing investment advice to its other clients or its own accounts. Conversely, such supplemental information obtained by the placement of business for ALLSTATE INVESTMENTS or other entities advised by ALLSTATE INVESTMENTS will be considered by and may be useful to ALLSTATE INVESTMENTS in carrying out its obligations to each Allstate Affiliate.

Appears in 2 contracts

Samples: Investment Management Agreement (Allstate Life Insurance Co), Investment Management Agreement (Lincoln Benefit Life Co)

Service to Other Clients. Each Allstate Affiliate XXXX Re acknowledges that ALLSTATE INVESTMENTS may perform services for clients other than the Allstate Affiliates XXXX Re that are similar to the services to be performed pursuant to this Agreement, and that ALLSTATE INVESTMENTS is free to do so provided that its services pursuant to this Agreement are not in any way impaired. Each Allstate Affiliate XXXX Re agrees that ALLSTATE INVESTMENTS may provide investment advice to any of its other clients that may differ from advice given to such Allstate AffiliateXXXX Re, or take action with respect to assets owned by it or its other clients that may differ from the action taken with respect to any Account and/or assets held thereinthe Account, so long as ALLSTATE INVESTMENTS, to the extent reasonable and practicable, allocates investment opportunities to each Account account managed by it on a fair and equitable basis relative to ALLSTATE INVESTMENTS' other clients. It is understood that ALLSTATE INVESTMENTS shall have no obligation to purchase or sell, or to recommend for purchase or sale for any the Account, any security that ALLSTATE INVESTMENTS, its affiliates, employees or agents may purchase or sell for its or their own accounts or for the account of any other client, if, in the opinion of ALLSTATE INVESTMENTS, such transaction or investment appears unsuitable, impractical or undesirable for such the Account. It is agreed that ALLSTATE INVESTMENTS may use any supplemental investment research obtained for the benefit of an Allstate Affiliate XXXX Re in providing investment advice to its other clients or its own accounts. Conversely, such supplemental information obtained by the placement of business for ALLSTATE INVESTMENTS or other entities advised by ALLSTATE INVESTMENTS will be considered by and may be useful to ALLSTATE INVESTMENTS in carrying out its obligations to each Allstate AffiliateXXXX Re.

Appears in 2 contracts

Samples: Investment Management Agreement (Allstate Life Insurance Co), Investment Management Agreement (Allstate Life Insurance Co)

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Service to Other Clients. Each Allstate Affiliate ILIC acknowledges that ALLSTATE INVESTMENTS Allstate may perform services for clients other than the Allstate Affiliates that ILIC which are similar to the services to be performed pursuant to this Agreement, and that ALLSTATE INVESTMENTS Allstate is free to do so provided that its services pursuant to this Agreement are not in any way impaired. Each Allstate Affiliate ILIC agrees that ALLSTATE INVESTMENTS Allstate may provide investment advice to any of its other clients that may differ from advice given to such Allstate AffiliateILIC, or take action with respect to assets owned by it or its other clients that may differ from the action taken with respect to any the Account and/or assets held therein, so long as ALLSTATE INVESTMENTSAllstate, to the extent reasonable and practicable, allocates investment opportunities to each the Account on a fair and equitable basis relative to ALLSTATE INVESTMENTS' Allstate's other clients. It is understood that ALLSTATE INVESTMENTS Allstate shall have no obligation to purchase or sell, or to recommend for purchase or sale for any the Account, any security that ALLSTATE INVESTMENTSsecurity, which Allstate, its affiliates, employees or agents may purchase or sell for its or their own accounts or for the account of any other client, if, in the opinion of ALLSTATE INVESTMENTSAllstate, such transaction or investment appears unsuitable, impractical or undesirable for such the Account. It is agreed that ALLSTATE INVESTMENTS Allstate may use any supplemental investment research obtained for the benefit of an Allstate Affiliate ILIC in providing investment advice to its other clients or its own accounts. Conversely, such supplemental information obtained by the placement of business for ALLSTATE INVESTMENTS Allstate or other entities advised by ALLSTATE INVESTMENTS Allstate will be considered by and may be useful to ALLSTATE INVESTMENTS Allstate in carrying out its obligations to each Allstate AffiliateILIC.

Appears in 2 contracts

Samples: Investment Advisory Agreement (Intramerica Variable Annuity Account), Investment Advisory Agreement (Allstate Life Insurance Co)

Service to Other Clients. Each Allstate Affiliate acknowledges that ALLSTATE INVESTMENTS AIMCO may perform services for clients other than the Allstate Affiliates that are similar to the services to be performed pursuant to this Agreement, and that ALLSTATE INVESTMENTS AIMCO is free to do so provided that its services pursuant to this Agreement are not in any way impaired. Each Allstate Affiliate agrees that ALLSTATE INVESTMENTS AIMCO may provide investment advice to any of its other clients that may differ from advice given to such Allstate Affiliate, or take action with respect to assets owned by it or its other clients that may differ from the action taken with respect to any Account and/or assets held therein, so long as ALLSTATE INVESTMENTSAIMCO, to the extent reasonable and practicable, allocates investment opportunities to each Account on a fair and equitable basis relative to ALLSTATE INVESTMENTS' AIMCO’ other clients. It is understood that ALLSTATE INVESTMENTS AIMCO shall have no obligation to purchase or sell, or to recommend for purchase or sale for any Account, any security that ALLSTATE INVESTMENTSAIMCO, its affiliates, employees or agents may purchase or sell for its or their own accounts or for the account of any other client, if, in the opinion of ALLSTATE INVESTMENTSAIMCO, such transaction or investment appears unsuitable, impractical or undesirable for such Account. It is agreed that ALLSTATE INVESTMENTS AIMCO may use any supplemental investment research obtained for the benefit of an Allstate Affiliate in providing investment advice to its other clients or its own accounts. Conversely, such supplemental information obtained by the placement of business for ALLSTATE INVESTMENTS AIMCO or other entities advised by ALLSTATE INVESTMENTS AIMCO will be considered by and may be useful to ALLSTATE INVESTMENTS AIMCO in carrying out its obligations to each Allstate Affiliate.

Appears in 1 contract

Samples: Investment Management Agreement (Allstate Life Insurance Co)

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