Common use of Evolving Nature of Relationship Clause in Contracts

Evolving Nature of Relationship. a) The Supplement and Schedules A through O to this Agreement will be updated by the Parties as necessary or appropriate during the Term to accurately reflect the evolution of the Services and components and elements of the Services as described therein. b) Following the Effective Date, ISSC and CHMS reserve the right to inventory, validate and update any information that is reflected in or omitted from the Agreement and attached Supplement and/or Schedules. If discrepancies are detected, the Agreement, Supplement and/or Schedules shall be promptly changed, modified, updated and adjusted to correct such discrepancies upon mutual agreement, so that the Agreement, Supplement and/or Schedules will be correct and accurately reflect the Services and charges provided by ISSC to CHMS. If either Party disputes the existence of a discrepancy identified by the other Party, the Parties will submit the matter to the CHMS/ISSC Management Committee and/or the Strategic Steering Committee for dispute resolution as specified in Section 15. c) Both CHMS and ISSC agree that the Services provided may require adjustments to reflect the evolving business and operations of CHMS and ISSC, that the relationship memorialized by this Agreement is dynamic in nature and will change as the operating and business environment of CHMS changes and evolves, and that it is impossible to define with specificity the scope of the Services that will be provided by ISSC during the Term. Therefore, the CHMS/ISSC Management Committee and the Strategic Steering Committee will periodically evaluate the business and operating strategies of each Party and recommend modifications to, and evolution of, the Services (including the Performance Standards and Minimum Service Levels) to optimize such strategies. d) While the Parties will endeavor to update, modify and amend this Agreement, the Supplement and the Schedules as necessary or appropriate from time to time to reflect the parameters and changing nature of the Services and the requirements of the CHMS Business, the Parties acknowledge that such activities may not always be documented with specificity. Therefore, the Parties agree to deal with each other in good faith to resolve all issues presented and any disputes that may arise.

Appears in 1 contract

Samples: Information Systems Management Agreement (Simione Central Holdings Inc)

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Evolving Nature of Relationship. (a) The Supplement Exhibits to the Agreement and the Schedules A through O to this Agreement each Transaction Document will be updated by the Parties as necessary or appropriate from time to time during the Term to accurately reflect the evolution of the Services and components and elements of the Services as described therein. (b) Following For [*] following the Effective DateCommencement Date under each Transaction Document, ISSC EDS and CHMS Equifax reserve the right to inventory, validate and update any information that is reflected in or omitted from the Agreement Transaction Document and attached Supplement and/or Schedules. If discrepancies are detected, the Agreement, Supplement Transaction Document and/or Schedules shall be promptly changed, modified, updated and adjusted to correct such discrepancies upon mutual agreement, so that the Agreement, Supplement Transaction Document and/or Schedules will be correct and accurately reflect the Services and charges provided by ISSC EDS to CHMSthe Equifax Group. If either Party disputes the existence of a discrepancy identified by the other Party, the Parties will submit the matter to the CHMS/ISSC Management Committee and/or the Strategic Steering Committee Integrated Planning Team for dispute resolution as specified in Section 15.16. ---------- * Information omitted pursuant to Request for Confidential Treatment under Rule 406 of the Securities Act of 1933. 16 (c) Both CHMS Equifax and ISSC EDS agree that the Services provided may require adjustments to reflect the evolving business and operations of CHMS the Equifax Group and ISSCEDS, that the relationship memorialized by this the Agreement (including the Transaction Documents), is dynamic in nature and will change evolve as the operating and business environment of CHMS the Equifax Group changes and evolves, and that it is impossible to define with specificity the scope of the Services that will be provided by ISSC EDS during the TermTerm and corresponding Monthly Charges charged by EDS may be changed and modified with the written agreement of the Parties pursuant to the Change Control Process. Therefore, the CHMS/ISSC Management Committee and the Strategic Steering Committee Integrated Planning Team will periodically evaluate the business and operating strategies of each Party and recommend modifications to, and evolution of, the Services in accordance with Section 6.1(a). -------------- (including the Performance Standards and Minimum Service Levels) to optimize such strategies. d) While the Parties will endeavor to update, modify and amend this the Agreement, including the Supplement Transaction Documents and the Schedules thereto, as necessary or appropriate from time to time to reflect the parameters and changing nature of the Services and the requirements of the CHMS Equifax Group and the Equifax Business, the Parties acknowledge that such activities may not always be documented with specificity. Therefore, the Parties agree to deal with each other in a good faith faith, prompt, diligent and commercially reasonable manner to resolve all issues presented and any disputes that may arisearise to give effect to purposes of the Agreement.

Appears in 1 contract

Samples: Master Agreement for Operations Support Services (Equifax Inc)

Evolving Nature of Relationship. a) The Supplement and Schedules A through O T to this Agreement will be updated by the Parties as set forth in this Agreement as necessary or appropriate during the Term to accurately reflect the evolution of the Services and components and elements of the Services as described therein. b) Following For the Effective one hundred-eighty (180) days following the Commencement Date, ISSC and CHMS Flagstar reserve the right to inventory, validate and update any information that is reflected in or omitted from the Agreement and attached Supplement and/or Schedules. If discrepancies are detected, the Agreement, Supplement and/or Schedules shall be promptly changed, modified, updated and adjusted to correct such discrepancies upon mutual agreement, so that the Agreement, Supplement and/or Schedules will be correct and accurately reflect the Services and charges provided by ISSC to CHMSFlagstar. If either Party disputes the existence of a discrepancy identified by the other Party, the Parties will submit the matter to the CHMSFlagstar/ISSC Management Committee and/or the Strategic Steering Committee for dispute resolution as specified in Section 15. c) Both CHMS Flagstar and ISSC agree that the Services provided may require adjustments to reflect the evolving business and operations of CHMS the Flagstar Group and ISSC, that the relationship memorialized by this Agreement is dynamic in nature and will change evolve as the operating and business environment of CHMS the Flagstar Group changes and evolves, and that it is impossible to define with specificity the scope of the Services that will be provided by ISSC during the TermTerm may be changed and modified with the written agreement of the Parties pursuant to the Change Control Process. Therefore, the CHMSFlagstar/ISSC Management Committee and the Strategic Steering Committee will periodically evaluate the business and operating strategies of each Party and recommend modifications to, and evolution of, the Services (including the Performance Standards and Minimum Service Levels) to optimize such strategies. d) While the Parties will endeavor to update, modify and amend this Agreement, the Supplement and the Schedules as necessary or appropriate from time to time to reflect the parameters and changing nature of the Services and the requirements of the CHMS Flagstar Group and Flagstar Business, the Parties acknowledge that such activities may not always be documented with specificity. Therefore, the Parties agree to deal with each other in good faith to resolve all issues presented and any disputes that may arise.

Appears in 1 contract

Samples: Information Systems Management Agreement (Flagstar Companies Inc)

Evolving Nature of Relationship. a) The Supplement and Schedules A through O to this Agreement each Transaction Document will be updated by the Parties as necessary or appropriate from time to time during the Term to accurately reflect the evolution of the Services and components and elements of the Services as described therein. The preceding sentence is not intended, nor is it authorization, to expand the scope of the Services except as provided pursuant to Section 3.12 entitled "New Services." ------------ b) Following For the Effective Dateone hundred-eighty (180) days following the Commencement Date under each Transaction Document, ISSC IBM and CHMS Equifax reserve the right to inventory, validate and update any information that is reflected in or omitted from the Agreement Transaction Document and attached Supplement and/or Schedules. If discrepancies are detected, the AgreementTransaction Document, Supplement and/or Schedules shall be promptly changed, modified, updated and adjusted to correct such discrepancies upon mutual agreement, so that the AgreementTransaction Document, Supplement and/or Schedules will be correct and accurately reflect the Services and charges provided by ISSC IBM to CHMSEquifax Group. If either Party disputes the existence of a discrepancy identified by the other Party, the Parties will submit the matter to the CHMSEquifax/ISSC Management Committee and/or the Strategic Steering Committee IBM Integrated Planning Team for dispute resolution as specified in Section 15.16. ---------- c) Both CHMS Equifax and ISSC IBM agree that the Services provided may require adjustments to reflect * of the evolving business Equifax Group and operations of CHMS and ISSCIBM, that the relationship memorialized by this the Agreement is dynamic in nature and will change the Transaction Documents * as the operating and business environment of CHMS changes and evolvesthe Equifax Group * , and that it is impossible to define with specificity the scope of the Services that will be provided by ISSC IBM during the TermTerm and corresponding fees charged by IBM * with the written agreement of the Parties pursuant to the Change Control Process. Therefore, the CHMS/ISSC Management Committee and the Strategic Steering Committee Integrated Planning Team will periodically evaluate the business and operating strategies of each Party and recommend modifications to, and evolution of, the Services (including the Performance Standards and Minimum Service Levels) * to optimize such strategiesstrategies and determine the effect that any * may have on * under the Agreement. d) While the Parties will endeavor to update, modify and amend this Agreement, the Supplement and the Schedules as necessary or appropriate from time to time to reflect the parameters and changing nature of the Services and the requirements of the CHMS Business, the Parties acknowledge that such activities may not always be documented with specificity. Therefore, the Parties agree to deal with each other in good faith to resolve all issues presented and any disputes that may arise.

Appears in 1 contract

Samples: Master Agreement for Operations Support Services (Equifax Inc)

Evolving Nature of Relationship. a) The Supplement and Schedules A through O to this Agreement each Transaction Document will be updated by the Parties as necessary or appropriate from time to time during the Term to accurately reflect the evolution of the Services and components and elements of the Services as described therein. The preceding sentence is not intended, nor is it authorization, to expand the scope of the Services except as provided pursuant to SECTION 3.12 entitled "New Services." b) Following For the Effective Dateone hundred-eighty (180) days following the Commencement Date under each Transaction Document, ISSC IBM and CHMS Equifax reserve the right to inventory, validate and update any information that is reflected in or omitted from the Agreement Transaction Document and attached Supplement and/or Schedules. If discrepancies are detected, the AgreementTransaction Document, Supplement and/or Schedules shall be promptly changed, modified, updated and adjusted to correct such discrepancies upon mutual agreement, so that the AgreementTransaction Document, Supplement and/or Schedules will be correct and accurately reflect the Services and charges provided by ISSC IBM to CHMSEquifax Group. If either Party disputes the existence of a discrepancy identified by the other Party, the Parties will submit the matter to the CHMSEquifax/ISSC Management Committee and/or the Strategic Steering Committee IBM Integrated Planning Team for dispute resolution as specified in Section 15SECTION 16. c) Both CHMS Equifax and ISSC IBM agree that the Services provided may require adjustments to reflect the evolving business and operations of CHMS the Equifax Group and ISSCIBM, that the relationship memorialized by this the Agreement and the Transaction Documents is dynamic in nature and will change evolve as the operating and business environment of CHMS the Equifax Group changes and evolves, and that it is impossible to define with specificity the scope of the Services that will be provided by ISSC IBM during the TermTerm and corresponding fees charged by IBM may be changed and modified with the written agreement of the Parties pursuant to the Change Control Process. Therefore, the CHMS/ISSC Management Committee and the Strategic Steering Committee Integrated Planning Team will periodically evaluate the business and operating strategies of each Party and recommend modifications to, and evolution of, the Services (including the Performance Standards and Agreement for Systems Operations Services Page 29 of 65 FINAL July 7, 1998 Equifax / IBM Confidential Minimum Service Levels) to optimize such strategies. d) While strategies and determine the Parties will endeavor to update, modify and amend this Agreement, the Supplement and the Schedules as necessary or appropriate from time to time to reflect the parameters and changing nature effect that any modifications of the Services and may have on the requirements of fees chargeable by IBM under the CHMS Business, the Parties acknowledge that such activities may not always be documented with specificity. Therefore, the Parties agree to deal with each other in good faith to resolve all issues presented and any disputes that may ariseAgreement.

Appears in 1 contract

Samples: Master Agreement for Operations Support Services (Equifax Inc)

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Evolving Nature of Relationship. a) The Supplement and Schedules A through O to this Agreement each Transaction Document will be updated by the Parties as necessary or appropriate from time to time during the Term to accurately reflect the evolution of the Services and components and elements of the Services as described therein. The preceding sentence is not intended, nor is it authorization, to expand the scope of the Services except as provided pursuant to Section 3.12 entitled "New Services." b1) Following For the Effective Dateone hundred-eighty (180) days following the Commencement Date under each Transaction Document, ISSC IBM and CHMS Certegy reserve the right to inventory, validate and update any information that is reflected in or omitted from the Agreement Transaction Document and attached Supplement and/or Schedules. If discrepancies are detected, the AgreementTransaction Document, Supplement and/or Schedules shall be promptly changed, modified, updated and adjusted to correct such discrepancies upon mutual agreement, so that the AgreementTransaction Document, Supplement and/or Schedules will be correct and accurately reflect the Services and charges provided by ISSC IBM to CHMSCertegy Group. If either Party disputes the existence of a discrepancy identified by the other Party, the Parties will submit the matter to the CHMSCertegy/ISSC Management Committee and/or the Strategic Steering Committee IBM Integrated Planning Team for dispute resolution as specified in Section 1516. cb) Both CHMS Certegy and ISSC IBM agree that the Services provided may require adjustments to reflect the evolving business and operations of CHMS the Certegy Group and ISSCIBM, that the relationship memorialized by this the Agreement and the Transaction Documents is dynamic in nature and will change evolve as the operating and business environment of CHMS the Certegy Group changes and evolves, and that it is impossible to define with specificity the scope of the Services that will be provided by ISSC IBM during the TermTerm and corresponding fees charged by IBM may be changed and modified with the written agreement of the Parties pursuant to the Change Control Process. Therefore, the CHMS/ISSC Management Committee and the Strategic Steering Committee Integrated Planning Team will periodically evaluate the business and operating strategies of each Party and recommend modifications to, and evolution of, the Services (including the Performance Standards and Minimum Service Levels) to optimize such strategies. d) While strategies and determine the Parties will endeavor to update, modify and amend this Agreement, the Supplement and the Schedules as necessary or appropriate from time to time to reflect the parameters and changing nature effect that any modifications of the Services and may have on the requirements of fees chargeable by IBM under the CHMS Business, the Parties acknowledge that such activities may not always be documented with specificity. Therefore, the Parties agree to deal with each other in good faith to resolve all issues presented and any disputes that may ariseAgreement.

Appears in 1 contract

Samples: Master Agreement for Operations Support Services (Fidelity National Information Services, Inc.)

Evolving Nature of Relationship. a) The Supplement and Schedules A through O to this Agreement each Transaction Document will be updated by the Parties as necessary or appropriate from time to time during the Term to accurately reflect the evolution of the Services and components and elements of the Services as described therein. The preceding sentence is not intended, nor is it authorization, to expand the scope of the Services except as provided pursuant to Section 3.12 entitled “New Services. b1) Following For the Effective Dateone hundred-eighty (180) days following the Commencement Date under each Transaction Document, ISSC IBM and CHMS Certegy reserve the right to inventory, validate and update any information that is reflected in or omitted from the Agreement Transaction Document and attached Supplement and/or Schedules. If discrepancies are detected, the AgreementTransaction Document, Supplement and/or Schedules shall be promptly changed, modified, updated and adjusted to correct such discrepancies upon mutual agreement, so that the AgreementTransaction Document, Supplement and/or Schedules will be correct and accurately reflect the Services and charges provided by ISSC IBM to CHMSCertegy Group. If either Party disputes the existence of a discrepancy identified by the other Party, the Parties will submit the matter to the CHMSCertegy/ISSC Management Committee and/or the Strategic Steering Committee IBM Integrated Planning Team for dispute resolution as specified in Section 1516. cb) Both CHMS Certegy and ISSC IBM agree that the Services provided may require adjustments to reflect the evolving business and operations of CHMS the Certegy Group and ISSCIBM, that the relationship memorialized by this the Agreement and the Transaction Documents is dynamic in nature and will change evolve as the operating and business environment of CHMS the Certegy Group changes and evolves, and that it is impossible to define with specificity the scope of the Services that will be provided by ISSC IBM during the TermTerm and corresponding fees charged by IBM may be changed and modified with the written agreement of the Parties pursuant to the Change Control Process. Therefore, the CHMS/ISSC Management Committee and the Strategic Steering Committee Integrated Planning Team will periodically evaluate the business and operating strategies of each Party and recommend modifications to, and evolution of, the Services (including the Performance Standards and Minimum Service Levels) to optimize such strategies. d) While strategies and determine the Parties will endeavor to update, modify and amend this Agreement, the Supplement and the Schedules as necessary or appropriate from time to time to reflect the parameters and changing nature effect that any modifications of the Services and may have on the requirements of fees chargeable by IBM under the CHMS Business, the Parties acknowledge that such activities may not always be documented with specificity. Therefore, the Parties agree to deal with each other in good faith to resolve all issues presented and any disputes that may ariseAgreement.

Appears in 1 contract

Samples: Master Agreement for Operations Support Services (Certegy Inc)

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