Common use of Date for provision of Exit Plan Clause in Contracts

Date for provision of Exit Plan. 2.1.1 The Outgoing Administering Authority shall provide the Replacement Administering Authority with a draft Exit Plan within: (a) 20 Business Days from the date of the written notification provided in accordance with 1.1 where the Outgoing Administering Authority has decided to resign; or (b) 20 Business Days of the date of receipt of written notification provided in accordance with clause 7.2.1 where the Partner Authorities have agreed to replace the Administering Authority. 2.1.2 The draft Exit Plan shall specify in detail how and when (having regard to the timescales set out in this Schedule 3) the Outgoing Administering Authority will fulfil all the obligations of this Schedule 3 and any other obligations relating to exit in the Collection Contract. 2.1.3 The Replacement Administering Authority shall provide to the Outgoing Administering Authority the Replacement Administering Authority's reasonable comments on the draft Exit Plan within 20 Business Days of the Replacement Administering Authority's receipt of the draft Exit Plan. The Outgoing Administering Authority shall incorporate the Replacement Administering Authority's comments and suggestions and shall issue a revised version of the Exit Plan within 10 Business Days of receipt of the Replacement Administering Authority's reasonable comments and suggestions. 2.1.4 The Exit Plan shall not be effective until approved by the Replacement Administering Authority and the Board. 2.1.5 The Parties shall review and update the Exit Plan in consultation with the Board and the SMG as appropriate up to and including the Handover Date.

Date for provision of Exit Plan. 2.1.1 The Outgoing Administering Authority shall provide the Replacement Administering Authority with a draft Exit Plan within: : (a) 20 Business Days from the date of the written notification provided in accordance withwith clause 7. 1.1 where the Outgoing Administering Authority has decided to resign; or or (b) 20 Business Days of the date of receipt of written notification provided in accordance with clause 7.2.1 where the Partner Authorities have agreed to replace the Administering Authority. 2.1.2 The draft Exit Plan shall specify in detail how and when (having regard to the timescales set out in this Schedule 3) the Outgoing Administering Authority will fulfil all the obligations of this Schedule 3 and any other obligations relating to exit in the Collection Contract. 2.1.3 The Replacement Administering Authority shall provide to the Outgoing Administering Authority the Replacement Administering Authority's reasonable comments on the draft Exit Plan within 20 Business Days of the Replacement Administering Authority's receipt of the draft Exit Plan. The Outgoing Administering Authority shall incorporate the Replacement Administering Authority's comments and suggestions and shall issue a revised version of the Exit Plan within 10 Business Days of receipt of the Replacement Administering Authority's reasonable comments and suggestions. 2.1.4 The Exit Plan shall not be effective until approved by the Replacement Administering Authority and the Board. 2.1.5 The Parties shall review and update the Exit Plan in consultation with the Board and the SMG as appropriate up to and including the Handover Date.