Common use of By Banco de Chile Clause in Contracts

By Banco de Chile. If Banco de Chile fails to timely provide, or cause to be provided, one or more Banco de Chile Services, other than as a result of and during the occurrence of a Force Majeure Event, and such failure prevents Citi from operating the Citi Business as it was operated in the ordinary course prior to the Effective Date, from and during such failure to provide such Banco de Chile Services, Citi, after providing prior written notice to Banco de Chile, may replace the affected Banco de Chile Services by providing such Banco de Chile Services for itself or engaging a third party to provide such Banco de Chile Services. In addition to any other remedies that Citi may be entitled to, Banco de Chile shall also pay Citi the difference, if any, between (i) all of Citi’s reasonable costs associated with such replacement Banco de Chile Services and (ii) the amount Citi would have paid to Banco de Chile under the terms of this Agreement for the provision of such Banco de Chile Services, had Banco de Chile Parties continued to perform such Banco de Chile Services.