Common use of Standard for Service Clause in Contracts

Standard for Service. Except as otherwise provided in this Agreement or the Schedules, Provider agrees to provide, or cause to be provided, the Services such that the nature, quality, standard of care and the service levels at which such Services are performed are no less than the nature, quality, standard of care and service levels at which substantially the same services were performed by or on behalf of Provider as of three (3) months prior to the Distribution Date (or, if not so previously provided, then substantially the same nature, quality, standard of care and service levels as those applicable to similar services performed by or on behalf of Provider as of three (3) months prior to the Distribution Date); provided, however, that, subject to Section 6.02, nothing in this Agreement shall require any (a) Parent Entity to favor any SpinCo Entity’s operation of its business over any Parent Entity’s own business operation or (b) SpinCo Entity to favor any Parent Entity’s operation of its business over any SpinCo Entity’s own business operation. For the avoidance of doubt, Provider shall only provide those Services to the extent consistent with Provider’s applicable operating conditions, permits, licenses, business practices and any restrictions in any Contract with any third-party as in effect on the Distribution Date, and any changes or modifications to the foregoing, including as a result of any change in Law or requirements of any Governmental Authority, shall be considered a modification pursuant to Section 6.07. SpinCo acknowledges and agrees that certain of the Parent Services to be provided hereunder were, prior to the Distribution, performed for the Parent Entities by individuals who may no longer be employed by a Parent Entity as a result of the consummation of the transactions contemplated by the Separation Agreement. Consequently, the Parties agree to cooperate in good faith to ensure that the manner of Parent Services provided by a Parent Entity remains substantially similar to the manner in which such services were provided prior to the Distribution Date. Without limiting its obligations pursuant to this Section 6.01, Provider will not be obligated under this Agreement to (x) hire additional employees or retain specific employees or (y) purchase, lease, or license any additional software, or additional equipment or other assets.

Appears in 4 contracts

Samples: Transition Services Agreement (GE Vernova Inc.), Transition Services Agreement (GE Vernova LLC), Transition Services Agreement (GE HealthCare Technologies Inc.)

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Standard for Service. Except as otherwise provided Without limiting any other provisions in this Agreement or (including any applicable standards set forth in Schedule A), Management Services agrees that the Schedules, Provider agrees to provide, or cause to be provided, will perform the Services such that the nature, quality, degree of skill, standard of care and the service levels at which such Services are performed are no less than the nature, quality, degree of skill, standard of care and the service levels at which the substantially the same services were performed provided to the members of the Outdoor Group by or on behalf of the Provider as of three (3) months on the date immediately prior to the Distribution Date date hereof or during the one year period prior thereto and, in any case, shall be performed in a timely, professional, workmanlike manner (or, if not so previously provided, then substantially the same nature, quality, standard of care and service levels as those applicable to similar services performed by or on behalf of Provider as of three (3) months prior to the Distribution Date“Standard for Services”); provided, however, that, subject to Section 6.02, nothing in this Agreement shall require any that (ai) Parent Entity to favor any SpinCo Entity’s operation of its business over any Parent Entity’s own business operation or during the first six (b6) SpinCo Entity to favor any Parent Entity’s operation of its business over any SpinCo Entity’s own business operation. For months following the avoidance of doubtEffective Date, Provider shall not modify the manner in which Provider or its Affiliates provides the Services or the Standard of Services in a manner that is adverse to Recipient and (ii) for the remainder of the term of this Agreement, Provider, in its sole discretion and upon at least 15 days’ prior written notice to Recipient, may modify the manner in which it provides the Services to such Recipient to conform to modifications in the manner in which Provider or its Affiliates generally provide services to any member of the iHeart Group, in each case, only provide those Services to the extent consistent such modification is not adverse (including with Provider’s applicable operating conditions, permits, licenses, business practices and any restrictions respect to the Standard for Services) to Recipient in any Contract material respect. Management Services shall assign (to the extent such individuals are available) each of the employees or contractors that have been mutually agreed between IHM and CCOH expressly identified as “dedicated employees” on Schedule A opposite an individual Service to provide the corresponding Services for the period of time set forth on Schedule A throughout the term of such Service. IHM and IHC shall not, and shall cause each Provider to not, terminate the employment or contracting relationship with any third-party as in effect such employee or contractor for the period of time set forth on Schedule A following the Distribution Effective Date, except for material breach of any employment or service agreement, gross negligence, willful misconduct, fraud or other “cause” event. In the event any such employee or contractor is unable to provide such Service at any time during the term of the applicable Service, then Management Services will cause the applicable Provider to assign a substitute employee or contractor of comparable skill and any changes experience to provide such Service for the remainder of the term of such Service, which substitute employee or modifications contractor will be subject to prior written approval of the foregoingapplicable Recipient(s), including which approval will not be unreasonably withheld, conditioned or delayed (it being agreed that Provider shall not be in breach of this Agreement as a result of any change not assigning a substitute employee or contractor not approved by Recipient so long as Provider continues to comply with its efforts set forth in Law this sentence to find a substitute employee or requirements of any Governmental Authority, shall be considered a modification pursuant to Section 6.07. SpinCo acknowledges and agrees that certain of the Parent Services to be provided hereunder were, prior to the Distribution, performed for the Parent Entities by individuals who may no longer be employed by a Parent Entity as a result of the consummation of the transactions contemplated by the Separation Agreement. Consequently, the Parties agree to cooperate in good faith to ensure that the manner of Parent Services provided by a Parent Entity remains substantially similar to the manner in which such services were provided prior to the Distribution Date. Without limiting its obligations pursuant to this Section 6.01, Provider will not be obligated under this Agreement to (x) hire additional employees or retain specific employees or (y) purchase, lease, or license any additional software, or additional equipment or other assetscontractor).

Appears in 2 contracts

Samples: Transition Services Agreement (Clear Channel Outdoor Holdings, Inc.), Transition Services Agreement (Clear Channel Holdings, Inc.)

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