Processing Termination Assistance Clause Samples
The Processing Termination Assistance clause outlines the obligations of a service provider to support the client in transitioning data or services upon the termination or expiration of an agreement. Typically, this clause requires the provider to assist in securely transferring or returning client data, and may include cooperation in migrating services to a new provider or back to the client. Its core practical function is to ensure business continuity and minimize disruption by facilitating a smooth and orderly transition at the end of the contractual relationship.
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Processing Termination Assistance. Upon expiration or earlier termination of the Processing Term by either party for any reason or prior to any such termination or expiration as requested by Customer, and provided that Customer has paid CSG any and all Undisputed fees and expenses due hereunder, CSG will provide Customer reasonable Termination Assistance in connection with the Processing Services (“Processing Termination Assistance”) for up to *** ******* ****** ***** ******** ****. Processing Termination Assistance shall be limited to the services specifically described in Schedule E under the section entitled “Processing Termination Assistance”. The parties agree that unless extended pursuant to an amendment to this Agreement, CSG shall cease all Processing Termination Assistance when Customer is Fully De-converted. For purposes of this Section 20, Fully De-converted shall have the same meaning as provided in Schedule F, section entitled Guaranteed Fees.
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