Early Termination of Services. Unless otherwise set forth in the applicable Schedule, any Service may be terminated prior to the end of the applicable Service Period by the Service Recipient upon not less than thirty (30) days’ prior written notice specifying the date termination is to be effective; provided, that the Service Recipients acknowledge and agree that in the event that any Service is dependent on the Service being terminated, such dependent Service shall be automatically terminated simultaneously with the termination of the Service on which it is dependent. After any early termination of a Service, the Service Provider shall have no obligation to reinstate such Service at a time subsequent to the effective date of such termination.
Appears in 3 contracts
Samples: Transition Services Agreement (Crane Co), Transition Services Agreement (Crane NXT, Co.), Transition Services Agreement (Crane Co)
Early Termination of Services. Unless otherwise set forth in the applicable Schedule, any Service may be terminated prior Prior to the end expiration of the applicable Service Period Services Period, the Company may earlier terminate any or all of the Services by the Service Recipient upon not less than providing thirty (30) days’ prior written notice specifying of such termination to the date Asset Manager Parties. Unless earlier terminated as set forth above, the Services shall continue for the Services Period in accordance with the terms set forth herein, unless otherwise agreed to by the Parties. Such early termination is by the Company shall not affect its obligation to pay any Services Fee that accrued prior to the effectiveness of such termination. Any termination notice delivered hereunder shall specify (x) the Service or Services to be effective; provided, that the Service Recipients acknowledge terminated and agree that in the event that any Service is dependent on the Service being terminated, such dependent Service shall be automatically terminated simultaneously with the termination of the Service on which it is dependent. After any early termination of a Service, the Service Provider shall have no obligation to reinstate such Service at a time subsequent to (y) the effective date date(s) of such termination.
Appears in 1 contract
Samples: Transition Agreement (NorthStar Realty Europe Corp.)