Common use of Standard of Service Clause in Contracts

Standard of Service. The Service Provider shall perform the Services in a competent and professional manner according to standards agreed upon by the Service Provider and the Company. The Service Provider agrees that it will exercise due diligence to abide by and comply with all laws, statutes, rules, regulations, and orders of any governmental authority in the performance of its Services under this Agreement. The Service Provider will conduct its business and perform its obligations in a manner which will not cause the possible revocation or suspension of the Company's Certificate(s) of Authority or cause the Company to sustain any fines, penalties, or other disciplinary action of any nature whatsoever.

Appears in 24 contracts

Samples: Services Agreement (VOYA RETIREMENT INSURANCE & ANNUITY Co), Amended and Restated Services Agreement (VOYA INSURANCE & ANNUITY Co), Amended and Restated Services Agreement (VOYA RETIREMENT INSURANCE & ANNUITY Co)

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Standard of Service. The Service Provider shall perform the Services services in a competent and professional manner according to the standards agreed upon by the Service Provider and the CompanyCompanies. The Service Provider agrees that it will exercise due diligence to abide by and comply with all laws, statutes, rules, regulations, and orders of any governmental authority in the performance of its Services services under this Agreement. The Service Provider will conduct its business and perform its obligations in a manner which will not cause the possible revocation or suspension of the any Company's Certificate(s) of Authority or cause the any Company to sustain any fines, penalties, or other disciplinary action of any nature whatsoever.

Appears in 3 contracts

Samples: Finance Shared Services Center Services Agreement (Separate Account B of Golden American Life Insurance Co), Finance Shared Services Center Services Agreement (Golden American Life Insurance Co /Ny/), Finance Shared Services Center Services Agreement (Golden American Life Insurance Co /Ny/)

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