Service Increases. After the date of this Agreement, if (i) Recipient requests, or Provider reasonably determines that Recipient’s business requires, that Provider increase, relative to historical levels prior to the Separation, the volume, amount, level or frequency, as applicable, of any Service provided by Provider, and (ii) such increase is reasonably determined by Recipient as necessary for Recipient to operate its businesses (such increase, a “Service Increase”), then Provider shall provide such Service Increase in accordance with such request and subject to the Parties agreeing to an amendment to Schedule A to address such Service Increase; provided, however, that Provider shall not be obligated to provide any Service Increase if it does not, in its reasonable judgment, have adequate resources to provide such Service Increase or if the provision of such Service Increase would significantly disrupt the operation of its own business. In connection with any request for a Service Increase in accordance with this Section 1.10, the Parties shall in good faith negotiate the terms of an amendment to Schedule A, which amendment shall be consistent with the terms of, and the pricing methodology used for, the applicable Service.
Appears in 6 contracts
Samples: Transition Services Agreement (JBG SMITH Properties), Transition Services Agreement (JBG SMITH Properties), Transition Services Agreement (Urban Edge Properties)
Service Increases. After the date of this Agreement, if (ia) Recipient requests, or Provider reasonably determines that Recipient’s business requires, requests that Provider increase, relative to historical levels prior to the Separation, increase the volume, amount, level or frequency, as applicable, of any Service provided by Provider, and (iib) such increase is reasonably determined by Recipient as necessary for Recipient to operate its businesses consistent with past practice (such increase, a “Service Increase”), then Provider shall provide such Service Increase in accordance with such request and subject to the Parties agreeing to an amendment to Schedule A to address such Service Increase; provided, however, that Provider shall not be obligated to provide any Service Increase if it does not, in its reasonable judgment, have adequate resources to provide such Service Increase or if the provision of such Service Increase would significantly disrupt the operation of its own business. In connection with any request for a Service Increase in accordance with this Section 1.101.09, the Parties shall in good faith negotiate the terms of an amendment to Schedule A, which amendment shall be consistent with the terms of, and the pricing methodology used for, the applicable Service.
Appears in 3 contracts
Samples: Transition Services Agreement (Ventas Inc), Transition Services Agreement (Care Capital Properties, Inc.), Transition Services Agreement (Care Capital Properties, Inc.)