Common use of Records of Transactions Clause in Contracts

Records of Transactions. ALLIANCE-ONE shall maintain detailed books and records that reflect all administered transactions specifically in regard to premiums, premium taxes, Agent's commissions, administrator's fees, payments or contributions received and deposited and claims, policy loans and authorized expenses paid. The detailed preparation, journalizing, and posting of such Books and Records shall be made in accordance with the terms and conditions of this Agreement, and in accordance with ERISA, and to enable the Customer to complete the National Association of Insurance Commissioners' annual financial statement and its financial statements prepared in accordance with Generally Accepted Accounting Principles (GAAP).

Records of Transactions. ALLIANCE-ONE shall maintain detailed books and records that reflect all administered transactions specifically in regard performed pursuant to this Agreement, including with respect to premiums, premium taxes, Agent's agent’s commissions, administrator's ’s fees, payments or contributions received and deposited and claims, policy loans claims and authorized expenses paid. The detailed preparation, journalizing, journalizing and posting of such Books and Records records shall be made in accordance with the terms and conditions of this Agreement, and and, if applicable, in accordance with ERISA, and to enable the Customer INSURER to complete the National Association of Insurance Commissioners' ’ quarterly and annual financial statement statements and its financial statements prepared in accordance with Generally Accepted Accounting Principles (GAAP)any other regulatory filings.

Records of Transactions. If applicable, ALLIANCE-ONE shall maintain detailed books and records that reflect all administered transactions specifically in regard to premiums, premium taxes, Agent's agent’s commissions, administrator's ’s fees, payments or contributions received and deposited and claims, policy loans claims and authorized expenses paid. The detailed preparation, journalizing, and posting of such Books and Records shall be made in accordance with the terms and conditions of this Agreement, and in accordance with ERISA, and to enable the Customer CUSTOMER, if applicable, to complete the National Association of Insurance Commissioners' ’ annual financial statement and its financial statements prepared in accordance with Generally Accepted Accounting Principles (GAAP).. *******