Common use of Purpose of Consultation Procedure Clause in Contracts

Purpose of Consultation Procedure. The purpose of the consultation procedure is to endeavor to resolve any failure to meet the provisions of the Service Level Agreement. If a consultation occurs under this Section V, all parties must negotiate in good faith to endeavor to: 1. implement changes which will enable the Service Level Agreement provisions to be met - such changes may include, but are not limited to, modification of either or both parties' respective operational resources;

Appears in 29 contracts

Samples: Financial Administration and Accounting Services Agreement (Federated Fixed Income Securities Inc), Financial Administration and Accounting Services Agreement (Federated Equity Income Fund Inc), Financial Administration and Accounting Services Agreement (Federated Institutional Trust)

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Purpose of Consultation Procedure. The purpose of the consultation procedure is to endeavor to resolve any failure to meet the provisions of the Service Level Agreement. If a consultation occurs under this Section V, all parties must negotiate in good faith to endeavor to: 1. implement changes which will enable the Service Level Agreement provisions to be met - – such changes may include, but are not limited to, modification of either or both parties' ’ respective operational resources;

Appears in 20 contracts

Samples: Financial Administration and Accounting Services Agreement (Federated Institutional Trust), Financial Administration and Accounting Services Agreement (Federated MDT Series), Financial Administration and Accounting Services Agreement (Federated Core Trust/Pa)

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