Common use of Technical Capacity Clause in Contracts

Technical Capacity. The Agent or Agency is required to implement and utilize, at the Agent's or Agency's sole expense, all technology and equipment as required by MGA including, but not being limited to, a working e-mail address and internet access. The failure of an Agent or Agency to have, implement or maintain the MGA required technical and technological capacity, or to require its agents

Appears in 1 contract

Sources: Limited Producer Agreement

Technical Capacity. The Agent or Agency is required to implement and utilize, at the Agent's or Agency's sole expense, all technology and equipment as required by MGA including, but not being limited to, a working e-mail address and internet access. The failure of an Agent or Agency to have, implement or maintain the MGA required technical and technological capacity, or to require its agentsagents to utilize such technical and technological capacity, shall be grounds for MGA to terminate or suspend this Agreement.

Appears in 1 contract

Sources: Authorization and Appointment Agreement