Common use of Company Transition Services Clause in Contracts

Company Transition Services. Subject to the terms and conditions set forth herein, the Company shall provide those certain Shared Services required to support the business of GES and its affiliate, Southwest Oilfield Products, Inc. (collectively, the “GES Post-Closing Business”), during the Transition Period in the ordinary course of business and consistent with past practices (collectively, the “Company Transition Services”) and shall use commercially reasonable efforts to provide such Company Transition Services to ensure uninterrupted continuity of the GES Post-Closing Business. Except as specifically set forth herein or as otherwise set forth in the Contribution Agreement, the Company shall have no responsibility or liability for the operation of the GES Post-Closing Business.

Appears in 3 contracts

Samples: Asset Contribution and Share Subscription Agreement (Independence Contract Drilling, Inc.), Transition Services Agreement (Independence Contract Drilling, Inc.), Transition Services Agreement (Independence Contract Drilling, Inc.)

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Company Transition Services. Subject to the terms and conditions set forth herein, the Company shall provide those certain Shared Services required to support the business of GES and its affiliateaffiliates, Southwest Oilfield Products, Inc. and SWOP Acquisition, LLC d/b/a GES Well Servicing Systems (collectively, the “GES Post-Closing Business”), during the Transition Period in the ordinary course of business and consistent with past practices (collectively, the “Company Transition Services”) and shall use commercially reasonable efforts to provide such Company Transition Services to ensure uninterrupted continuity of the GES Post-Closing Business. Except as specifically set forth herein or as otherwise set forth in the Contribution Agreement, the Company shall have no responsibility or liability for the operation of the GES Post-Closing Business.

Appears in 1 contract

Samples: Asset Contribution and Share Subscription Agreement (Independence Contract Drilling, Inc.)

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