Common use of Functional Specifications Clause in Contracts

Functional Specifications. In the event Fiserv provides Development Services, such services shall be based upon specifications created by Fiserv and approved by Client as provided below: (i) Fiserv shall develop Functional Specifications based on the Business Requirements List for Client's written approval. Fiserv shall not be obligated to perform any further development work until Functional Specifications are approved in writing by Client, which approval shall not be unreasonably withheld or unduly delayed. (ii) Modifications, changes, enhancements, conversions, upgrades, or additions to the agreed upon work beyond those stated in Functional Specifications shall be added only upon mutual written agreement. In the event the parties agree to add any such items, the Functional Specifications and applicable Project Plan shall automatically be modified to the extent necessary to allow for the implementation or provision of the items.

Appears in 2 contracts

Samples: Service Agreement (Central Pacific Financial Corp), Service Agreement (Central Pacific Financial Corp)

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Functional Specifications. In the event Fiserv provides Development Services, such services Services shall be based upon specifications created by Fiserv and approved by Client as provided below: (i) Fiserv shall develop Functional Specifications based on the Business Requirements List for Client's ’s written approval. Fiserv shall not be obligated to perform any further development work until Functional Specifications are approved in writing by Client, which approval shall not be unreasonably withheld or unduly delayed. (ii) Modifications, changes, enhancements, conversions, upgrades, or additions to the agreed upon work beyond those stated in Functional Specifications shall be added only upon mutual written agreement. In the event the parties agree to add any such items, the Functional Specifications and applicable Project Plan shall automatically be modified to the extent necessary to allow for the implementation or provision of the items.

Appears in 1 contract

Samples: Service Agreement (Fulton Financial Corp)

Functional Specifications. In the event Fiserv provides Development Services, such services Services shall be based upon specifications created by Fiserv and approved by Client as provided below: (i) Fiserv shall develop Functional Specifications based on the Business Requirements List for Client's ’s written approval. Fiserv shall not be obligated to perform any further development work until the Functional Specifications are have been approved in writing by Client, which approval shall not be unreasonably withheld or unduly delayedforthcoming within two weeks of submission by Fiserv of Functional Specifications. (ii) Modifications, changes, enhancements, conversions, upgrades, or additions to the agreed upon work beyond those stated in the Functional Specifications shall be added only upon mutual written agreement. In the event the parties agree to add any such items, the Functional Specifications and applicable Project Plan shall automatically be modified to the extent necessary to allow for the implementation or provision of the items.

Appears in 1 contract

Samples: Agreement (Seacoast Financial Services Corp)

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Functional Specifications. In the event Fiserv provides Development Services, such services Services shall be based upon -------------------------- specifications created by Fiserv and approved by Client as provided below: (i) Fiserv shall develop Functional Specifications based on the Business Requirements List for Client's written approval. Fiserv shall not be obligated to perform any further development work until Functional Specifications are approved in writing by Client, which approval shall not be unreasonably withheld or unduly delayed. (ii) Modifications, changes, enhancements, conversions, upgrades, or additions to the agreed upon work beyond those stated in Functional Specifications shall be added only upon mutual written agreement. In the event the parties agree to add any such items, the Functional Specifications and applicable Project Plan shall automatically be modified to the extent necessary to allow for the implementation or provision of the items.

Appears in 1 contract

Samples: Service Agreement (Ez Bancorp Inc)

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