General Statement for Transition Sample Clauses
A General Statement for Transition clause establishes the overall framework and intent for moving from one contractual phase, arrangement, or party to another. Typically, this clause outlines the basic principles and expectations that will guide the transition process, such as the transfer of responsibilities, assets, or information, and may reference more detailed provisions elsewhere in the agreement. Its core function is to provide clarity and set the tone for the transition, ensuring that all parties understand the overarching goals and approach before delving into specific transition requirements.
General Statement for Transition. No later than 12 months before the Transition Effective Date (commencement of Transition Period), Vendor shall commence planning for the orderly Transition of all of the Services that have an expiration date beyond the Expiration Date to DIR or the successor service provider, in accordance with the terms of this Article, as the same may be amended from time to time. DIR and Vendor desire to provide for the Transition of all things and matters comprising the Services, which have expiration dates beyond the Expiration Date. This Ar- ticle shall not be construed narrowly, but broadly, to ensure the Transition of all Services with expiration dates beyond the Expiration Date is transitioned on or by that date. The parties do not intend for there to be residual Service-related matters that do not Transition on or by the Transition Effective Date.