OMA Contract for Services Clause Samples
The OMA Contract for Services clause establishes the terms and conditions under which services are provided by one party to another, typically in the context of facilities management or property operations. This clause outlines the scope of services, performance standards, payment terms, and responsibilities of both the service provider and the client. For example, it may specify maintenance schedules, reporting requirements, and procedures for addressing service deficiencies. Its core practical function is to ensure that both parties have a clear understanding of their obligations, thereby reducing the risk of disputes and promoting efficient service delivery.
OMA Contract for Services. In connection with the proposed dissolution of OMA, OMA and PhysiCare mutually agree to terminate and cancel the OMA Contract for Services, and OMA and PhysiCare each release the other from any liabilities and obligations thereunder, except, provided, however, the termination of the OMA Contract for Services shall not release either party from its obligations and liabilities under Section 7 (assumed by PhysiCare) and Section 11 (subject to the provisions of Article IV of this Agreement) of the OMA Contract for Services.