Common use of Availability and Access Clause in Contracts

Availability and Access. The Service Provider Books and Records shall be available (at their place of keeping) for inspection, examination and audit by FAFLIC, its auditors and state and federal regulatory authorities and applicable self-regulatory organizations (in each case together with their respective representatives) during normal business hours upon reasonable notice to the Service Provider and without undue disruption to the operations of the Service Provider. The Service Provider shall furnish to FAFLIC (i) at the Service Provider's expense, copies of any Service Provider Books and Records relating to the transactions under this Agreement as may be reasonably required by FAFLIC in connection with the preparation of FAFLIC's financial statements, state and federal income and other Tax returns and any other filings or reports required to be filed with, or requested by, state or federal regulatory authorities or any rating agencies, or otherwise required to be held or maintained under Applicable Law, and (ii) at FAFLIC's expense, copies of any such Service Provider Books and Records for any other reason. Without limiting the generality of the foregoing, the Service Provider shall provide FAFLIC (at the Service Provider's expense) all information concerning the Contracts required to be included in FAFLIC's state premium Tax returns (in a format suitable for direct insertion therein, provided, however that the Service Provider shall not be required to incur any material costs or expenses in so doing).

Appears in 2 contracts

Sources: Core Administrative Services Agreement (Vel Ii Acct of State Mutual Life Assur Co of America), Core Administrative Services Agreement (Separate Acct Va K of First Allmerica Financial Life Ins Co)