Common use of Benchmark Results Clause in Contracts

Benchmark Results. (i) The Benchmarker shall provide the data, analysis and findings, including any supporting documentation, for the Services to Administrator and Customer as appropriate throughout the Benchmark Process. (ii) The Benchmarker shall prepare the complete “Benchmark Results” (i.e., a normalized analysis of the Comparators charges to the Charges) promptly, but no later than thirty (30) days after the commencement of the Benchmark Process by the Benchmarker. If the Benchmarker is for any reason unable to complete the Benchmarking Process within the time period set forth in this Section 1.5(d)(ii), the Parties will reasonably extend such period to allow the Benchmarker to complete the Benchmarking Process.

Appears in 2 contracts

Sources: Master Services Agreement (Massachusetts Mutual Variable Annuity Separate Account 4), Master Services Agreement (Massachusetts Mutual Variable Annuity Separate Account 4)

Benchmark Results. (i) The Benchmarker shall provide the data, analysis and findings, including any supporting documentation, for the Services to Administrator Supplier and Customer as appropriate throughout the Benchmark Process. (ii) The Benchmarker shall prepare the complete “Benchmark Results” (i.e., a normalized analysis of the Comparators charges to the Charges) promptly, but no later than thirty ninety (3090) days after the commencement of the Benchmark Process by the Benchmarker. If the Benchmarker is for any reason unable to complete the Benchmarking Process within the time period set forth in this Section 1.5(d)(ii)Section, the Parties will reasonably extend such period to allow the Benchmarker to complete the Benchmarking Process.

Appears in 1 contract

Sources: Master Services Agreement (Miva, Inc.)