Common use of Third Party Vendors Clause in Contracts

Third Party Vendors. Except as provided below, to the extent that any Welfare Plan is administered by a third-party vendor, the Parties shall cooperate and use their commercially reasonable efforts to replicate any contract with such third-party vendor for Parent or SpinCo, as applicable and to maintain any pricing discounts or other preferential terms for both Parent and SpinCo for a reasonable term. Neither Party shall be liable for failure to obtain such pricing discounts or other preferential terms for the other Party. Each Party shall be responsible for any additional premiums, charges, or administrative fees that such Party may incur pursuant to this Section 7.07.

Appears in 11 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement (EQT Corp), Employee Matters Agreement (Equitrans Midstream Corp)

AutoNDA by SimpleDocs

Third Party Vendors. Except as provided below, to the extent that any Welfare Plan is administered by a third-party vendor, the Parties shall cooperate and use their commercially reasonable efforts to replicate any contract with such third-party vendor for Parent or SpinCoVarex, as applicable and to maintain any pricing discounts or other preferential terms for both Parent and SpinCo Varex for a reasonable term. Neither Party shall be liable for failure to obtain such pricing discounts or other preferential terms for the other Party. Each Party shall be responsible for any additional premiums, charges, or administrative fees that such Party may incur pursuant to this Section 7.07.

Appears in 5 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement (Varian Medical Systems Inc), Employee Matters Agreement (Varex Imaging Corp)

Third Party Vendors. Except as provided below, to the extent that any Parent Welfare Plan is administered by a third-party vendor, the Parties shall will cooperate and use their commercially reasonable efforts to replicate any contract with such third-party vendor for Parent or SpinCo, as applicable UpstreamCo and to maintain any pricing discounts or other preferential terms for both Parent and SpinCo UpstreamCo for a reasonable term. Neither Party shall be liable for failure to obtain such pricing discounts or other preferential terms for the other Party. Each Party shall be responsible for any additional premiums, charges, or administrative fees that such Party may incur pursuant to this Section 7.07.

Appears in 4 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement (Arconic Inc.), Employee Matters Agreement (Alcoa Corp)

Third Party Vendors. Except as provided below, to the extent that any Parent Welfare Plan is administered by a third-party vendor, the Parties shall will cooperate and use their commercially reasonable efforts to replicate any contract with such third-party vendor for Parent or SpinCo, as applicable Spinco and to maintain any pricing discounts or other preferential terms for both Parent and SpinCo Spinco for a reasonable term. Neither Party shall be liable for failure to obtain such pricing discounts or other preferential terms for the other Party. Each Party shall be responsible for any additional premiums, charges, or administrative fees that such Party may incur pursuant to this Section 7.07.

Appears in 4 contracts

Samples: Employee Matters Agreement (Howmet Aerospace Inc.), Employee Matters Agreement (Arconic Corp), Employee Matters Agreement (Arconic Rolled Products Corp)

Third Party Vendors. Except as provided below, to the extent that any Welfare Plan is administered by a third-party vendor, the Parties shall cooperate and use their commercially reasonable efforts to replicate any contract with such third-party vendor for Parent or SpinCo, as applicable applicable, and to maintain any pricing discounts or other preferential terms for both Parent and SpinCo for a reasonable term. Neither Party shall be liable for failure to obtain such pricing discounts or other preferential terms for the other Party. Each Party shall be responsible for any additional premiums, charges, or administrative fees that such Party may incur pursuant to this Section 7.077.09.

Appears in 4 contracts

Samples: Employee Matters Agreement (RXO, Inc.), Employee Matters Agreement (Rxo, LLC), Employee Matters Agreement (XPO Logistics, Inc.)

Third Party Vendors. Except as provided below, to the extent that any Welfare Plan is administered by a third-party vendor, the Parties shall cooperate and use their commercially reasonable efforts to replicate any contract with such third-party vendor for Parent or SpinCo, as applicable and to maintain any pricing discounts or other preferential terms for both Parent and SpinCo for a reasonable term. Neither Party shall be liable for failure to obtain such pricing discounts or other preferential terms for the other Party. Each Party shall be responsible for any additional premiums, charges, or administrative fees that such Party may incur pursuant to this Section 7.077.06.

Appears in 3 contracts

Samples: Employee Matters Agreement (Frontdoor, Inc.), Employee Matters Agreement (Frontdoor, Inc.), Employee Matters Agreement (AHS Holding Company, Inc.)

Third Party Vendors. Except as provided below, to the extent that any Agilent Welfare Plan is administered by a third-party vendor, the Parties shall parties will cooperate and use their commercially reasonable efforts to replicate any contract with such third-party vendor for Parent or SpinCo, as applicable Keysight and to maintain any pricing discounts or other preferential terms for both Parent Agilent and SpinCo Keysight for a reasonable term. Neither Party party shall be liable for failure to obtain such pricing discounts or other preferential terms for the other Partyparty. Each Party party shall be responsible for any additional premiums, charges, or administrative fees that such Party party may incur pursuant to this Section 7.078.06.

Appears in 3 contracts

Samples: Employee Matters Agreement (Keysight Technologies, Inc.), Employee Matters Agreement (Agilent Technologies Inc), Employee Matters Agreement (Keysight Technologies, Inc.)

Third Party Vendors. Except as provided below, to the extent that any Rayonier Welfare Plan is administered by a third-party vendor, the Parties shall will cooperate and use their commercially reasonable efforts to replicate any contract with such third-party vendor for Parent or SpinCo, as applicable SpinCo and to maintain any pricing discounts or other preferential terms for both Parent Rayonier and SpinCo for a reasonable term. Neither Party shall be liable for failure to obtain such pricing discounts or other preferential terms for the other Party. Each Party shall be responsible for any additional premiums, charges, or administrative fees that such Party may incur pursuant to this Section 7.07.

Appears in 3 contracts

Samples: Employee Matters Agreement (Rayonier Advanced Materials Inc.), Employee Matters Agreement (Rayonier Advanced Materials Inc.), Employee Matters Agreement (Rayonier Advanced Materials Inc.)

AutoNDA by SimpleDocs

Third Party Vendors. Except as provided below, to the extent that any Nuance Welfare Plan is administered by a third-party vendor, the Parties shall cooperate and use their commercially reasonable efforts to replicate any contract with such third-party vendor for Parent or SpinCo, as applicable SpinCo and to maintain any pricing discounts or other preferential terms for both Parent Nuance and SpinCo for a reasonable term. Neither Party shall be liable for failure to obtain such pricing discounts or other preferential terms for the other Party. Each Party shall be responsible for any additional premiums, charges, or administrative fees that such Party may incur pursuant to this Section 7.076.08.

Appears in 3 contracts

Samples: Employee Matters Agreement (Nuance Communications, Inc.), Employee Matters Agreement (Cerence Inc.), Employee Matters Agreement (Cerence LLC)

Third Party Vendors. Except as provided below, to the extent that any Welfare Plan is administered by a third-third- party vendor, the Parties shall cooperate and use their commercially reasonable efforts to replicate any contract with such third-party vendor for Parent or SpinCo, as applicable and to maintain any pricing discounts or other preferential terms for both Parent and SpinCo for a reasonable term. Neither Party shall be liable for failure to obtain such pricing discounts or other preferential terms for the other Party. Each Party shall be responsible for any additional premiums, charges, or administrative fees that such Party may incur pursuant to this Section 7.076.06.

Appears in 2 contracts

Samples: Employee Matters Agreement (Consensus Cloud Solutions, Inc.), Employee Matters Agreement (Consensus Cloud Solutions, Inc.)

Third Party Vendors. Except as provided below, to the extent that any Welfare Plan is administered by a third-party vendor, the Parties shall cooperate and use their commercially reasonable efforts to replicate any contract with such third-party vendor for Parent or SpinCoSysorex, as applicable and to maintain any pricing discounts or other preferential terms for both Parent and SpinCo Sysorex for a reasonable term. Neither Party shall be liable for failure to obtain such pricing discounts or other preferential terms for the other Party. Each Party shall be responsible for any additional premiums, charges, or administrative fees that such Party may incur pursuant to this Section 7.076.07.

Appears in 2 contracts

Samples: Employee Matters Agreement (Sysorex, Inc.), Employee Matters Agreement (Inpixon)

Third Party Vendors. Except as provided below, to the extent that any Welfare Plan is administered by a third-party vendor, the Parties shall cooperate and use their commercially reasonable efforts to replicate any contract with such third-party vendor for Parent the Company or SpinCo, as applicable applicable, and to maintain any pricing discounts or other preferential terms for both Parent the Company and SpinCo for a reasonable term. Neither No Party shall be liable for failure to obtain such pricing discounts or other preferential terms for the any other Party. Each Party shall be responsible for any additional premiums, charges, or administrative fees that such Party may incur pursuant to this Section 7.073.7.

Appears in 1 contract

Samples: Employee Matters Agreement (Jacobs Solutions Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!