Common use of PROCEDURE FOR EMERGENCY SERVICE REQUESTS Clause in Contracts

PROCEDURE FOR EMERGENCY SERVICE REQUESTS. Residential may, in an emergency, request additional Services to be performed as promptly as practicable, and Altisource shall use its reasonable best efforts to perform such Services as promptly as practicable. While Altisource will continue to provide services in line with the request from Residential, in the event that Altisource plans to incur materially additional costs in providing this service, Altisource may submit a financial proposal to make Altisource financially whole. In such a case, Residential and Altisource may agree for the one-time increase in payment for the emergency. Such emergency request shall last no longer than thirty (30) Business Days, and Altisource shall have no obligation to continue performing such Services unless Residential follows the procedures in Section 7.1 hereof for permanent change order procedures.

Appears in 5 contracts

Samples: Master Services Agreement (Altisource Portfolio Solutions S.A.), Master Services Agreement (Altisource Residential Corp), Master Services Agreement (Altisource Residential Corp)

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