ACCESS TO STATE STREET Clause Samples
The 'Access to State Street' clause defines the conditions under which a party is permitted to enter or use facilities, systems, or information belonging to State Street. Typically, this clause outlines the scope of access, any security or confidentiality requirements, and the procedures for requesting or revoking access. Its core function is to ensure that access to State Street's resources is controlled and secure, thereby protecting sensitive information and maintaining operational integrity.
ACCESS TO STATE STREET. Upon request of the Insurance Company (which shall include reasonable advance notice), State Street shall grant access to its facilities and personnel to the Insurance Company (including internal audit staff), Auditors, compliance personnel, governmental personnel and regulators for the purpose of performing such audits or inspections as may be reasonably required to examine State Street’s performance of services hereunder. State Street shall provide to the Insurance Company and the Account and such Auditors, compliance personnel, governmental personnel and regulators such assistance and support as they may reasonably request, including, without limitation, for the purposes of: (i) conducting a due diligence review of State Street’s technology systems to be used in providing accounting and recordkeeping services; (ii) performing an audit in accordance with the Insurance Company’s or Account’s own business continuity program(s); (iii) complying with any regulatory requirements applicable to the Insurance Company or the Account; and (iv) conducting an annual or other periodic compliance review or audit by the CCO.
ACCESS TO STATE STREET. Upon request of Company (which shall include reasonable advance notice), State Street shall grant access to its facilities and personnel to Company and its auditors (including internal audit staff and external auditors), compliance personnel, governmental personnel and regulators for the purpose of performing such audits or inspections as may be reasonably required to examine State Street’s performance of services hereunder. State Street shall provide to Company and such auditors, compliance personnel, governmental personnel and regulators such assistance and support as they may reasonably request. Company shall ensure that at least one of its designated representatives is physically present at State Street’s facilities during any audit or inspection by governmental personnel and regulators to examine State Street’s performance of the services. Company shall reimburse State Street for any expense or cost reasonably incurred by State Street in supporting any audit or inspection out of the ordinary course of business.
ACCESS TO STATE STREET. Upon request of Fund (which shall include reasonable advance notice), State Street shall grant access to its facilities and personnel to Fund and its auditors (including internal audit staff and external auditors), compliance personnel, governmental personnel and regulators for the purpose of performing such audits or inspections as may be reasonably required to examine State Street’s performance of services hereunder. State Street shall provide to Fund and such auditors, compliance personnel, governmental personnel and regulators such assistance and support as they may reasonably request. Fund shall ensure that at least one of its designated representatives is physically present at State Street’s facilities during any audit or inspection by governmental personnel and regulators to examine State Street’s performance of the services. Fund shall reimburse State Street for any expense or cost H:\KLavari\FILINGS\485B\2008 May\Form of Investment Accntg Agreement.htm reasonably incurred by State Street in supporting any audit or inspection out of the ordinary course of business.
ACCESS TO STATE STREET. Upon request of the Trust or Manager (which shall include reasonable advance notice), State Street shall grant access to its facilities and personnel to the Trust or to Manager and its auditors (including internal audit staff and external auditors), compliance personnel, governmental personnel and regulators for the purpose of performing such audits or inspections as may be reasonably required to examine State Street’s performance of services hereunder. State Street shall provide to the Trust and such auditors, compliance personnel, governmental personnel and regulators such assistance and support as they may reasonably request. The Trust shall ensure that at least one of its designated representatives is physically present at State Street’s facilities during any audit or inspection by governmental personnel and regulators to examine State Street’s performance of the services. The Trust shall reimburse State Street for any expense or cost reasonably incurred by State Street in supporting any audit or inspection out of the ordinary course of business.