Common use of Migration Plan from the Provider Clause in Contracts

Migration Plan from the Provider. Within thirty (30) days from the effective date of this Agreement, the parties will develop and agree on a migration plan with timelines setting forth the parties’ commitment to migrate each function associated with the ETF Services from the Provider to BRIL to be performed on the ESP for the Funds in tranches. The parties agree to use reasonable efforts to discuss progress on an ongoing basis and may mutually agree to modify the migration plan from time to time. BRIL shall use its commercially reasonable efforts to accomplish the migration within the timeframes set forth in the agreed migration plan. BRIL acknowledges that it may become necessary to commit additional resources and personnel in order to satisfy such timelines, and further acknowledges that any costs associated with such additional resources or personnel will be borne by BRIL unless otherwise agreed to with the Companies.

Appears in 5 contracts

Samples: Etf Services Agreement (BlackRock ETF Trust), Etf Services Agreement (iShares U.S. ETF Trust), Etf Services Agreement (iShares U.S. ETF Trust)

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