METROTECH MIGRATION Sample Clauses

METROTECH MIGRATION. Chase shall migrate all data processing operations from the Broadway Data Center to the MetroTech Data Center. Chase shall complete such migration within twelve (12) months after the Commencement Date. Chase shall reimburse NEW TRUSTCO for the Direct Costs that NEW TRUSTCO incurs due to Chase's use of the Broadway Data Center between the Commencement Date and the date that Chase ceases to perform any data processing operations from the Broadway Data Center (the "Migration Period"), including, without limitation, the following: (i) rental payments for Equipment utilized by Chase at the Broadway Data Center, and (ii) salaries and benefits of NEW TRUSTCO personnel working at the Broadway Data Center who Chase requests NEW TRUSTCO to retain for the purpose of assisting Chase in providing the Services. Chase shall reimburse NEW TRUSTCO for severance payments made by NEW TRUSTCO to the aforementioned personnel (but not to exceed the amount of severance benefit that would have been payable to such employees by Chase under Paragraph 1 of Schedule 5.8(c) of the Merger Agreement if the employee had been a Retained Employee, as defined therein, at the tune of his or her termination of employment) and the rental payments relating to NEW TRUSTCO's lease of the 8th floor of the premises located at 770 Xxxxxxxx, Xxx Xxxx, Xxx Xxxx xxxing the Migration Period. If the Migration Period exceeds twelve (12) months, Chase shall, on the first anniversary of the Commencement Date, (A) assume the leases for all leased Equipment at the Broadway Data Center, and (B) purchase all Equipment owned by NEW TRUSTCO at the Broadway Data Center at its then fair market value.
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Related to METROTECH MIGRATION

  • Migration MCK shall provide all requisite assistance as is reasonably requested by NewCo in order to migrate the Services from MCK’s personnel, facilities and environment to NewCo’s (or its designee’s) personnel, facilities and environment, provided, that, other than as expressly set forth in the Service Schedule, NewCo shall be responsible for all third-party costs incurred by MCK and its Affiliates to migrate such Services and, provided further, that, NewCo shall be responsible for all costs associated with operational decisions made by NewCo for its set-up costs and costs to procure items (e.g., selection of Customer Relationship Management software). For the avoidance of doubt, NewCo will be responsible for migration to any new NewCo Data Center, including design, implementation and testing. MCK will provide reasonable support in such efforts. MCK will provide to NewCo an electronic copy in the then-current format of all data that is owned by NewCo (a) a written description of processes and procedures used by MCK in connection with the provision of Services to the Core MTS Business to the extent such descriptions exist, (b) a written description of all system documentation, architecture diagrams and business process diagrams for the systems, processes and controls used in the Core MTS Business to the extent such descriptions exist and (c) written training and onboarding materials used in the Core MTS Business to the extent such materials exist. In addition, MCK will, upon NewCo’s reasonable request, make available knowledgeable MCK personnel for knowledge transfer and discussion at a mutually agreed upon time with respect to the Services and the processes, procedures and systems used in the provision of the Services. The parties will meet in person to establish, within two (2) weeks following the Closing Date, a planning process for the migration of the Services from MCK’s personnel, facilities and environment to NewCo’s (or its designee’s) personnel, facilities and environment. During such meetings, the parties will identify workstreams and workstream leaders, staff project teams for each workstream, identify roles and responsibilities for project team members and create a project charter that will serve collectively as the basis for developing more detailed timelines and specific deliverables for each of the workstreams. At a minimum, there will be a workstream for each functional area that is the subject of Schedules. Each workstream will report to the Project Managers. The parties will meet (in person or by telephone) as often as is reasonably necessary to develop such detailed timelines and specific deliverables for each workstream.

  • HORIZONR Gateway HORIZONR Gateway provides customers with the ability to (i) generate reports using information maintained on the Multicurrency HORIZONR Accounting System which may be viewed or printed at the customer’s location; (ii) extract and download data from the Multicurrency HORIZONR Accounting System; and (iii) access previous day and historical data. The following information which may be accessed for these purposes: 1) holdings; 2) holdings pricing; 3) transactions, 4) open trades; 5) income; 6) general ledger and 7) cash.

  • Virus Management Transfer Agent shall maintain a malware protection program designed to deter malware infections, detect the presence of malware within the Transfer Agent environment.

  • Transportation Management Tenant shall fully comply with all present or future programs intended to manage parking, transportation or traffic in and around the Building, and in connection therewith, Tenant shall take responsible action for the transportation planning and management of all employees located at the Premises by working directly with Landlord, any governmental transportation management organization or any other transportation-related committees or entities.

  • Site The Generating Facility is located on approximately 10 acres with an address of 0000 Xxxxx Xxxxxx Xxxxxx in Xxxxxx Tree, San Bernardino County in California. The centroid of the solar array is 34.1383°N, -116.2262°W. The site is dedicated to the Generating Facility use only.

  • Staffing Subject to the terms and conditions of this Agreement, NLCS will provide the services of the individual identified on the attached Schedule B, as may be amended from time to time by NLCS in its sole discretion (the “Chief Compliance Officer”), who shall be appointed by the Board as the Chief Compliance Officer for the Trust and each Fund of the Trust. In addition, NLCS will provide support staff to the Chief Compliance Officer to assist him in all aspects of his duties under this Agreement. The Chief Compliance Officer will lead the engagement and will have overall supervisory responsibility for the ongoing obligations hereunder.

  • Transportation Reasonable transportation costs incurred in connection with the transportation of employees and material necessary for Operations.

  • Project Management With respect to each Project Plan, each party will appoint a project manager who will be the party responsible for overseeing the Project Plan.

  • Infrastructure (a) The Borrower has and will maintain a sufficient infrastructure to conduct its business as presently conducted and as contemplated to be conducted following its execution of this Agreement.

  • Mortgage Banking Business Except as has not had and would not reasonably be expected to have a Material Adverse Effect:

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