Common use of Conduct of the Transition Clause in Contracts

Conduct of the Transition. Beginning on the Effective Date (or other mutually agreed date), BancTec will carry out and complete the activities necessary to accomplish the Transition in accordance with the terms of Schedule I (Transition). DFS will cooperate with BancTec in the conduct of the Transition and provide support as described in Schedule I (Transition). Except as otherwise expressly provided in the Transition Plan, BancTec’s responsibilities with respect to the Transition include the following: (a) performing and managing the Transition and Transition activities; (b) to the extent possible, performing the Services without interruption, and without disrupting DFS’ business operations; and (c) otherwise performing such migration tasks as are necessary to enable BancTec to complete the Transition and provide the Services.

Appears in 4 contracts

Samples: Services Agreement (Discover Card Execution Note Trust), Services Agreement (Discover Card Master Trust I), Services Agreement (Discover Card Execution Note Trust)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!