Common use of PFPC Services Clause in Contracts

PFPC Services. PFPC shall: (a) Provide Internet access to PFPC DataPathsm (“DataPathsm”) at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ or other site operated by PFPC (the “Site”) for PHLVIC subaccount data. Types of information to be provided on the Site include: (i) data relating to subaccount securities, (ii) general ledger balances and (iii) accumulated unit value-related data, including AUV and net asset, distribution and expense detail (collectively, the “Accounting Services”). (b) Supply each of the individuals specified on Exhibit D as authorized users of DataPathsm (“Users”) with a logon ID and Password; (c) Provide to Users access to the information listed in subsection (a) above using standard inquiry tools and reports. With respect to the Accounting Services, Users will be able to modify standard inquiries to develop user-defined inquiry tools; (d) Utilize a form of encryption that is generally available to the public in the U.S. for standard Internet browsers and establish, monitor and verify firewalls and other security features (commercially reasonable for this type of information and these types of users) and exercise commercially reasonable efforts to attempt to maintain the security and integrity of the Site; and (e) Monitor the telephone lines involved in providing the DataPath Services and inform PHLVIC promptly of any malfunctions or service interruptions.

Appears in 1 contract

Sources: Administration and Accounting Services Agreement (PHL Variable Accumulation Account)

PFPC Services. PFPC shall: (a) Provide Internet access to PFPC DataPathsm (“DataPathsm”) at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ or other site operated by PFPC (the “Site”) for PHLVIC PLAC subaccount data. Types of information to be provided on the Site include: (i) data relating to subaccount securities, (ii) general ledger balances and (iii) accumulated unit value-related data, including AUV and net asset, distribution and expense detail (collectively, the “Accounting Services”). (b) Supply each of the individuals specified on Exhibit D as authorized users of DataPathsm (“Users”) with a logon ID and Password; (c) Provide to Users access to the information listed in subsection (a) above using standard inquiry tools and reports. With respect to the Accounting Services, Users will be able to modify standard inquiries to develop user-defined inquiry tools; (d) Utilize a form of encryption that is generally available to the public in the U.S. for standard Internet browsers and establish, monitor and verify firewalls and other security features (commercially reasonable for this type of information and these types of users) and exercise commercially reasonable efforts to attempt to maintain the security and integrity of the Site; and (e) Monitor the telephone lines involved in providing the DataPath Services and inform PHLVIC PLAC promptly of any malfunctions or service interruptions.

Appears in 1 contract

Sources: Administration and Accounting Services Agreement (Phoenix Life & Annuity Variable Universal Life Account)

PFPC Services. PFPC shall: (a) Provide Internet access to PFPC DataPathsm (“DataPathsm”) at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ or other site operated by PFPC (the “Site”) for PHLVIC PLIC subaccount data. Types of information to be provided on the Site include: (i) data relating to subaccount securities, (ii) general ledger balances and (iii) accumulated unit value-related data, including AUV and net asset, distribution and expense detail (collectively, the “Accounting Services”). (b) Supply each of the individuals specified on Exhibit D as authorized users of DataPathsm (“Users”) with a logon ID and Password; (c) Provide to Users access to the information listed in subsection (a) above using standard inquiry tools and reports. With respect to the Accounting Services, Users will be able to modify standard inquiries to develop user-defined inquiry tools; (d) Utilize a form of encryption that is generally available to the public in the U.S. for standard Internet browsers and establish, monitor and verify firewalls and other security features (commercially reasonable for this type of information and these types of users) and exercise commercially reasonable efforts to attempt to maintain the security and integrity of the Site; and (e) Monitor the telephone lines involved in providing the DataPath Services and inform PHLVIC PLIC promptly of any malfunctions or service interruptions.

Appears in 1 contract

Sources: Administration and Accounting Services Agreement (Phoenix Life Variable Accumulation Account)