Cendant IT Operations and CD IT Sample Clauses

Cendant IT Operations and CD IT. Telecommunications efforts will be conducted concurrently, when possible. CD IT Telecommunications will identify and provide a list of any unamortized hardware, and remaining hardware service charges (“HSC”), to WEX Corp., that may exist as of the date of the transaction. Thereafter WEX will approve (in advance to the extent reasonably possible) of any and all material purchases or acquisitions of additional hardware or software associated with the aforementioned telecommunications – data support services. Any and all consent or additional license fees that may be required by CD IT Telecommunications third party vendors/licensors to allow CD IT Telecommunications to process data on behalf of WEX, will be payable by WEX. CD IT Telecommunications will use reasonable efforts to minimize this liability. Term: CD IT Telecommunications will provide the aforementioned services for a period of 12 months (or any other period agreed to by the parties) from date of IPO with WEX maintaining a right to terminate such services without cause upon 60 days prior written notice of cancellation. Upon such termination, WEX will be responsible for the repayment of any unamortized hardware service charges specific to WEX ‘s telecommunications and WAN environment, as well as for any unpaid actual costs incurred by CD IT Telecommunications with respect to the services described herein and any associated transition services. These services and any associated agreements set forth herein will be confirmed in a written services agreement by and between WEX and CD IT Telecommunications.
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Related to Cendant IT Operations and CD IT

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