Common use of Covenants of Agent Clause in Contracts

Covenants of Agent. Agent covenants that Agent shall utilize and employ all reasonable control procedures available in its performance of the services rendered hereunder, and Agent shall promptly advise TA of any errors or mistakes in the data or information transmitted to TA, the records maintained or output generated hereby and, using normal audit and control procedures, Agent shall verify all information received from TA;

Appears in 2 contracts

Sources: Sub Transfer Agency Agreement (Tower Mutual Funds), Sub Transfer Agency Agreement (Tower Mutual Funds)

Covenants of Agent. Agent covenants that Agent shall utilize and employ all reasonable control procedures available in its performance of the services rendered hereunder, and Agent shall promptly advise TA of any errors or mistakes in the data or information transmitted to TA, the records maintained or output generated hereby thereby and, using normal audit and control procedures, Agent shall verify all information received from TA;

Appears in 1 contract

Sources: Sub Transfer Agency Agreement (Vision Group of Funds Inc)