Reduction of Services. A Recipient may from time to time request a reduction in part of the scope or amount of any Service; provided that any such reduction may only take effect as of the end of a month. If requested to do so by a Recipient, the Transition Committee shall discuss in good faith appropriate adjustments to the relevant Charges and any Cost-Sharing Allocation in light of all relevant factors. If, after such discussions, the Transition Committee does not approve any requested reduction of the scope or amount of any Service and the relevant Charges or Cost-Sharing Allocation in connection therewith, then (a) there shall be no change to the Charges or Cost-Sharing Allocation under this Agreement and (b) unless the applicable Recipient and Provider otherwise agree in writing, there shall be no change to the scope or amount of any Services under this Agreement. If, after such discussions, the Transition Committee approves any reduction of Service, such reduction of Service shall be documented in a written agreement executed on behalf of the applicable Recipient and Provider and a copy of such written agreement shall promptly be provided to the Transition Committee, and such agreement shall be deemed to amend and become a part of this Agreement. Additionally, in connection with any such reduction of Service, the Transition Committee may approve an appropriate reduction to the Charges or Cost-Sharing Allocation related to the applicable reduced Service.
Appears in 2 contracts
Samples: Long Term Services Agreement (Baxalta Inc), Long Term Services Agreement (Baxalta Inc)
Reduction of Services. A Recipient may from time to time request a reduction in part of the scope or amount of any Service; provided that any such reduction may only take effect as of the end of a month. If requested to do so by a Recipient, the Transition Committee shall discuss in good faith appropriate adjustments to the relevant Charges and any Cost-Sharing Allocation in light of all relevant factorsfactors or whether the reduction should be considered a construction termination subject to the terms of Section 5.02(a). If, after such discussions, the Transition Committee does not approve any requested reduction of the scope or amount of any Service and the relevant Charges or Cost-Sharing Allocation in connection therewith, then (a) there shall be no change to the Charges or Cost-Sharing Allocation under this Agreement and (b) unless the applicable Recipient and Provider otherwise agree in writing, there shall be no change to the scope or amount of any Services under this Agreement. If, after such discussions, the Transition Committee approves any reduction of Service, such reduction of Service shall be documented in a written agreement executed on behalf of the applicable Recipient and Provider and a copy of such written agreement shall promptly be provided to the Transition Committee, and such agreement shall be deemed to amend and become a part of this Agreement any applicable Joinder Agreement. Additionally, in connection with any such reduction of Service, the Transition Committee may approve an appropriate reduction to the Charges or Cost-Sharing Allocation related to the applicable reduced Service.
Appears in 2 contracts
Samples: Transition Services Agreement (Baxalta Inc), Transition Services Agreement (Baxalta Inc)
Reduction of Services. A Any Recipient may from time to time request a reduction in part of the scope or amount of any Service; provided that any such reduction may only take effect as of the end of a month. If requested to do so by a RecipientRecipient by Notice to Xxxxxx and AbbVie, the Transition Committee Xxxxxx and AbbVie shall discuss in good faith appropriate adjustments to the relevant Charges and any Cost-Sharing Allocation in light of all relevant factors. If, after such discussions, the Transition Committee does Xxxxxx and AbbVie do not approve any requested reduction of the scope or amount of any Service and the relevant Charges or Cost-Sharing Allocation in connection therewith, then (a) there shall be no change to the Charges or Cost-Sharing Allocation under this Agreement and (b) unless the applicable Recipient and Provider otherwise agree in writing, there shall be no change to the scope or amount of any Services under this Agreement. If, after such discussions, the Transition Committee approves Xxxxxx and AbbVie approve any reduction of Service, such reduction of Service shall be documented in a written agreement executed on behalf of the applicable Recipient and Provider and such Recipient and Provider shall promptly provide Notice of such agreement (including a copy of such written agreement shall promptly be provided thereof) to the Transition Committee, Xxxxxx and such agreement shall be deemed to amend and become a part of this AgreementAbbVie. Additionally, in connection with any such reduction of Service, the Transition Committee Xxxxxx and AbbVie may approve an appropriate reduction to the Charges or Cost-Sharing Allocation related to the applicable reduced Service.
Appears in 2 contracts
Samples: Transition Services Agreement, Transition Services Agreement (AbbVie Inc.)
Reduction of Services. A Recipient may from time to time request a reduction in part of the scope or amount of any Service; provided that any such reduction may only take effect as of the end of a month. If requested to do so by a Recipient, the Transition Committee shall discuss in good faith appropriate adjustments to the relevant Charges and any Cost-Sharing Allocation in light of all relevant factors. If, after such discussions, the Transition Committee does not approve any requested reduction of the scope or amount of any Service and the relevant Charges or Cost-Sharing Allocation in connection therewith, then (a) there shall be no change to the Charges or Cost-Sharing Allocation under this Agreement and (b) unless the applicable Recipient and Provider otherwise agree in writing, there shall be no change to the scope or amount of any Services under this Agreement. If, after such discussions, the Transition Committee approves any reduction of Service, such reduction of Service shall be documented in a written agreement executed on behalf of the applicable Recipient and Provider and a copy of such written agreement shall promptly be provided to the Transition Committee, and such agreement shall be deemed to amend and become a part of this Agreement. Additionally, in connection with any such reduction of Service, the Transition Committee may approve an appropriate reduction to the Charges or Cost-Sharing Allocation related to the applicable reduced Service.
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