Right of First Opportunity. (a) If the Customer elects to receive any Additional Service, it shall first request a proposal for the provision of such Additional Service from the Provider. The Provider shall have 30 Business Days (the “Exclusive Tender Period”) to respond to such request for Additional Service and to provide a proposed addendum to the Customer. During the Exclusive Tender Period, the Customer shall not solicit proposals or negotiate with any other third party with respect to such request for Additional Service. Upon receipt of the Provider’s proposal for the Additional Service, the Customer shall consider such proposal and shall negotiate with the Provider in good faith with respect to the possible provision by the Provider of such Additional Services.
Appears in 3 contracts
Samples: Data Center and Disaster Recovery Services Agreement (Ocwen Financial Corp), Data Center and Disaster Recovery Services Agreement (Altisource Portfolio Solutions S.A.), Data Center and Disaster Recovery Services Agreement (Altisource Portfolio Solutions S.A.)
Right of First Opportunity. (a) If the Customer elects to receive any Additional Service, it shall first request a proposal for the provision of such Additional Service from the Provider. The Provider shall have 30 thirty (30) Business Days (the “Exclusive Tender Period”) to respond to such request for Additional Service and to provide a proposed addendum to the Customer. During the Exclusive Tender Period, the Customer shall not solicit proposals or negotiate with any other third party with respect to such request for Additional Service. Upon receipt of the Provider’s proposal for the Additional Service, the Customer shall consider such proposal and shall negotiate with the Provider in good faith with respect to the possible provision by the Provider of such Additional Services.
Appears in 2 contracts
Samples: Data Center and Disaster Recovery Services Agreement (Ocwen Financial Corp), Data Center and Disaster Recovery Services Agreement (Altisource Portfolio Solutions S.A.)