Common use of Purchase of Service Provider Equipment during the Term Clause in Contracts

Purchase of Service Provider Equipment during the Term. 43.2.8.1. If, and as requested by Transnet and agreed to by the Service Provider, Transnet wishes during the Term to procure any Assets used by the Service Provider to provide the Services (including Service Provider Equipment), the Service Provider shall provide a list of the Assets dedicated to the Services for procurement and the price which shall be no higher than the fair market value price determined by a mutually agreed Third Party. Any transactions pursuant to this clause 43.2.8 will be subject to OEM transfer regime. 43.2.8.2. The Parties shall jointly prepare a hardware catalogue in accordance with the timelines agreed to in Attachment O1, on the Effective Date that will be used by the Service Provider to provide the Services and that shall be updated and provided by the Service Provider on a 6 (six) months basis and upon termination of this Agreement. The hardware catalogue will form part of the CMDB.

Appears in 2 contracts

Samples: Transnet Enterprise Lan Network Services Agreement, Lan Network Services Agreement

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Purchase of Service Provider Equipment during the Term. 43.2.8.145.2.8.1. If, and as requested by Transnet and agreed to by the Service Provider, Transnet wishes during the Term to procure any Assets used by the Service Provider to provide the Services (including Service Provider Equipment), the Service Provider shall provide a list of the Assets dedicated to the Services for procurement and the price which shall be no higher than the fair market value price determined by a mutually agreed Third Party. Any transactions pursuant to this clause 43.2.8 45.2.8 will be subject to OEM transfer regime. 43.2.8.245.2.8.2. The Parties shall jointly prepare a hardware catalogue in accordance with the timelines agreed to in Attachment O1, on the Effective Date that will be used by the Service Provider to provide the Services and that shall be updated and provided by the Service Provider on a 6 (six) months basis and upon termination of this Agreement. The hardware catalogue will form part of the CMDB.

Appears in 2 contracts

Samples: Lan Services Agreement, Master Service Agreement

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