Transition Service Sample Clauses

Transition Service. Transition Service will be available for a three year period following Competition Day (Transition Period) for those customers who have not chosen a competitive supplier. PSNH will secure Transition Service power for the entire three year period through a competitive bidding process with PUC oversight. All energy suppliers, including PSNH affiliates, will be permitted to bid to provide Transition Service. Market division is not mandatory, but will be considered after bid receipt and analysis, in which case a subsequent round of bidding may be used to assess its benefits. Transition Service shall be procured in time blocks as shall prove efficient and effective after analysis of the bids is made. PSNH will offer branding service to the successful bidder(s), including the use of name identification on bills or bill inserts. The retail price of Transition Service wixx xe 3.70 cents per kWh in the first twelve months following Competition Day (year 1), 3.80 cents per kWh in year 2 and 3.90 cents per kWh in year 3. If the weighted average price obtained through successful competitive bids in any year is lower than the Transition price, the difference will be used to defray stranded costs; conversely, if the price obtained is higher than the Transition Service price, the excess will be collected through Part 3 of the non-securitized portion of the Stranded Cost Recovery Charge. Customers will be free to terminate Transition Service at the end of any billing cycle to purchase from an alternative supplier without cost or penalty. A prominent message will appear on customers' bills informing them of this right. Customers who terminate Transition Service will be allowed to return under the following conditions: During year 1, residential and small commercial customers will be allowed to return to Transition Service. Low income customers will be allowed to return to Transition Service at any time.
AutoNDA by SimpleDocs
Transition Service. Seller shall, or shall cause each of its Affiliates that provide an element of the transition service to Opco pursuant to the Transition Service Agreement to, use its reasonable commercial efforts to cooperate with Opco to facilitate the transfer of responsibility for such element to Opco (or its designees) and in all other matters relating to the provision of such transition service.
Transition Service. Transition Service will be available for the time periods set forth in RSA Chapter 369-B for those customers who have not chosen a Competitive Supplier, or as otherwise provided below, thus providing stable and predictable prices during the transition to a fully competitive market. Transition Service will be secured in accordance with the requirements of RSA 369-B, with the costs of administering such acquisition to be considered an administrative cost of Transition Service. Provisions under this Agreement regarding the sale of output into the market from PSNH's generating plants, power purchase obligations and entitlements are subject to the use of such power to provide Transition and Default Service in accordance with the provisions of RSA Chapter 369-B. All authorized energy suppliers, as limited by RSA Chapter 369-B, will be permitted to bid to provide Transition Service. The possibility of dividing the Transition Service market among the energy suppliers with the lowest bids will be considered after bid receipt and analysis, in which case a subsequent round of bidding, at the discretion of the PUC, may be used to assess its benefits. Transition Service shall be procured in such time blocks as shall prove efficient and effective after analysis of the bids is made. PSNH will offer branding to the successful bidder(s), including use of name identification on bills or bill inserts. The retail price of Transition Service will be as set forth in RSA Chapter 369-B. If the price obtained through competitive bids is higher than the Transition Service price, the excess will be deferred and collected through the non-securitized portion of the SCRC, subject to the limitation on recovery of any such deferral as set forth in RSA Chapter 369-B, and the Recovery End Date shall be adjusted pursuant to Section V(C)(4). Customers will be free to terminate Transition Service as of the end of any billing cycle to purchase from a Competitive Supplier in the market, without cost or penalty. PSNH shall be notified of such change by the Competitive Supplier pursuant to the terms of PSNH's Tariff PSNH will make customers aware of their right to terminate Transition Service by prominently displaying a message to that effect on each customer's bill. An election to terminate Transition Service by customers served under Tariff rates GV, LG or B will be final. After an election to terminate, such customers will qualify for Default Service, but not Transition Service. Remaining cust...
Transition Service. For two years following cessation of employment after any Change in Control, the Employee agrees to remain available to provide the Bank with transition assistance on matters with which the Employee was involved during his employment. The Employee shall render such assistance in a timely manner on reasonable notice from the Bank. The Employee shall not be entitled to any separate compensation for the services described in this paragraph (other than reimbursement for reasonable out-of-pocket expenses actually incurred). The Bank agrees to provide reasonable advance notice of the need for the Employee’s assistance and shall exercise reasonable efforts to schedule and limit such matters so as to avoid interfering with the Employee’s personal and other professional obligations.
Transition Service. Upon any proper termination or expiration of this Operating Lease and payment of the repurchase price pursuant to Section 13.7, the Parties shall negotiate in good faith an arrangement for the Lessee or UC Health to provide the City with such transition services as are reasonably required for the City to be able to conduct the IVII{S Operations, such services to be provided to the extent reasonably feasible for Lessee or UC Health, and at rates that are commercially competitive or lower, for a period commencing on the effective date of 82 ‘DC - 038094/000083 -3386784 v12 any termination or expiration of this Operating Lease and terminating no more than twelve (12) months thereafter.
Transition Service. SCHEDULES This Agreement will govern individual transitional services as requested by Roxio and provided by Adaptec, the details of which are set forth in the Transition Service Schedules (each transition service schedule, a "Transition Service Schedule") attached to this Agreement. Each Service shall be covered by this Agreement upon execution of a Transition Service Schedule in the form attached hereto. For each Service, the Transition Service Schedule shall be signed by a duly authorized representative of each party and set forth, among other things, the time period during which the Service will be provided if different from the term of this Agreement determined pursuant to Article 4 hereof, a summary of the Service to be provided; a description of the Service; and the estimated charge, if any, for the Service and any other terms applicable thereto. Obligations regarding each Transition Service Schedule shall be effective upon execution of this Agreement, or, if a particular Transition Service Schedule is amended or a new Transition Service Schedule is executed after the execution of this Agreement, the obligations created by such amendment or new Transition Service Schedule shall be effective upon execution of such amendment or such new Transition Service Schedule. This Agreement and all the Transition Service Schedules shall be defined as the "Agreement" and incorporated herein wherever reference to it is made. ARTICLE 3
Transition Service. (a) Upon the Closing, Sellers and Buyer will negotiate a commercially reasonable, mutually agreed form of Transition Services Agreement (the “TSA”), in substantially the form attached hereto as Exhibit F, pursuant to which Sellers agree to provide, or to cause their Affiliates to provide, materials and supplies purchasing and certain other specified services that are necessary for the operation of the Business by Buyer after the Closing and which are not able to be obtained through the use of the Purchased Assets (the “TSA Services”), at a price no greater than the actual out-of-pocket cost of such TSA Services to Sellers as necessary to allow Buyer to continuing operating the Business as it was operated immediately prior to (and during the twelve (12) month period prior to) the Closing. (b) Buyer agrees to use commercially reasonable efforts to make a transition of each TSA Service to its own internal organization or to obtain alternate third-party sources to provide the TSA Services as soon as possible following the Closing, and in event no later than December 31, 2023, other than the provision of Manufacturer Materials under the Co-Pack Agreement, which services are intended to be provided for a period of up to one (1) year following the Closing Date. Upon the conclusion of the TSA Services associated with the provision of Manufacturer Materials under the Co-Pack Agreement: (x) Buyer will buy, and Seller will sell, all then-remaining Inventory at Seller’s laid-in cost; and (y) Seller will assign and transfer to Buyer (as additional Transferred Contracts), and Buyer will assume, a mutually agreed list of applicable vendor contracts and purchase commitments for the procurement of Manufacturer Materials.
AutoNDA by SimpleDocs

Related to Transition Service

  • Transition Services The Purchasers will provide to the Sellers termination assistance as reasonably requested in order to provide an orderly transition following the termination of the Agreement (or any portion thereof), and the Sellers will provide to the Purchasers reasonable cooperation and assistance in connection therewith. In connection with this transition assistance, the Purchasers and Sellers will reasonably cooperate in the transition of the Services from the Purchasers to any Replacement Provider. With respect to the Serviced Appointments subject to termination, the Sellers shall provide the Purchasers with notice of the effective date (each, a “Transition Effective Date”) of the transition of the Services to a Replacement Provider. Notwithstanding any termination of the Agreement (or any portion thereof) in accordance with this Article II, with respect to the Serviced Appointments subject to termination, the rights and obligations of the parties under the Servicing Agreement shall remain in effect until the applicable Transition Effective Date.

  • Transition Services Agreement Seller shall have executed and delivered the Transition Services Agreement.

  • Consultation Services The company hereby employs the consultant to perform the following services in accordance with the terms and conditions set forth in this agreement: The consultant will consult with the officers and employees of the company concerning matters relating to the management and organization of the company, their financial policies, the terms and conditions of employment, and generally any matter arising out of the business affairs of the company.

  • Implementation Services Vendor shall provide the Implementation Services, if any, described in Exhibit A. The Services Fees for any Implementation Services shall be described in Exhibit A.

  • Interconnection Service Interconnection Service allows the Interconnection Customer to connect the Large Generating Facility to the Participating TO’s Transmission System and be eligible to deliver the Large Generating Facility’s output using the available capacity of the CAISO Controlled Grid. To the extent the Interconnection Customer wants to receive Interconnection Service, the Participating TO shall construct facilities identified in Appendices A and C that the Participating TO is responsible to construct.

  • Hosting Services 13.1 If Supplier or its subcontractor, affiliate or any other person or entity providing products or services under the Contract Hosts Customer Data in connection with an Acquisition, the provisions of Appendix 1, attached hereto and incorporated herein, apply to such Acquisition. 13.2 If the Hosting of Customer Data by Supplier or its subcontractor, affiliate or any other person or entity providing products or services under the Contract contributes to or directly causes a Data Breach, Supplier shall be responsible for the obligations set forth in Appendix 1 related to breach reporting requirements and associated costs. Likewise if such Hosting contributes to or directly causes a Security Incident, Supplier shall be responsible for the obligations set forth in Appendix 1, as applicable. 14 Change Management

  • Distribution Services 3.1. Distributor will have the right, as agent for the Fund, to enter into dealer agreements with responsible investment dealers, and to sell Shares to such investment dealers against orders therefor at the public offering price (as defined below) stated in the Fund’s effective Registration Statement on Form N-2 under the 1940 Act and the Securities Act of 1933, as amended (the “Securities Act”), including the then-current prospectus and statement of additional information (the “Registration Statement”). Upon receipt of an order to purchase Shares from a dealer with whom Distributor has a dealer agreement, Distributor will promptly cause such order to be filled by the Fund. 3.2. Distributor will also have the right, as agent for the Fund, to sell such Shares to the public against orders therefor at the public offering price (as defined below) and in accordance with the Registration Statement. 3.3. Distributor will also have the right to take, as agent for the Fund, all actions which, in Distributor’s reasonable judgment, are necessary to carry into effect the distribution of the Shares. 3.4. The “public offering price” for the Shares of the Fund shall be the net asset value (“NAV”) of the Shares then in effect, plus any applicable sales charge determined in the manner set forth in the Registration Statement or as permitted by the 1940 Act and the rules and regulations promulgated by the SEC or other applicable regulatory agency or self-regulatory organization under the oversight of the SEC. In no event shall any applicable sales charge exceed the maximum sales charge permitted by the Rules of FINRA. 3.5. The NAV of the Shares of the Fund shall be determined in the manner provided in the Registration Statement, and when determined shall be applicable to transactions as provided for in the Registration Statement. The NAV of the Shares shall be calculated by the Fund or by another entity on behalf of the Fund. Distributor shall have no duty to inquire into or liability for the accuracy of the NAV per Share as calculated. 3.6. On every sale, the Fund shall receive the applicable NAV of the Shares promptly, but in no event later than the third business day following the date on which Distributor shall have received an order for the purchase of the Shares. 3.7. Upon receipt of purchase instructions, Distributor will transmit such instructions to the Fund or its transfer agent for the issuance and registration of the Shares purchased. 3.8. Distributor, as agent of and for the account of the Fund, may repurchase the Shares at such prices and upon such terms and conditions as shall be specified in the Registration Statement. 3.9. Distributor shall maintain membership with the National Securities Clearing Corporation (“NSCC”) and any other similar successor organization to sponsor a participant number for the Fund so as to enable the Shares to be traded through FundSERV. The Distributor shall not be responsible for any operational matters associated with FundSERV or networking transactions. 3.10. Distributor will review all proposed advertising materials and sales literature for compliance with Applicable Law and shall file such materials with appropriate regulators as required by current laws and regulations. Distributor agrees to furnish the Fund with any comments provided by regulators with respect to such materials. 3.11. Distributor shall prepare or cause to be prepared reports for the Board of Trustees (the “Board”) of the Fund regarding its activities under this Agreement as reasonably requested by the Board.

  • Installation Services The Bitstream 2a Service includes a Standard Install as set out below (in each case to the extent that the relevant provisioning works are not already complete for the relevant Service Order).1

  • Education services 1.1 Catholic education is intrinsic to the mission of the Church. It is one means by which the Church fulfils its role in assisting people to discover and embrace the fullness of life in Xxxxxx. Catholic schools offer a broad, comprehensive curriculum imbued with an authentic Catholic understanding of Xxxxxx and his teaching, as well as a lived appreciation of membership of the Catholic Church. Melbourne Archdiocese Catholic Schools Ltd (MACS) governs the operation of MACS schools and owns, governs and operates the School. 1.2 Parents and guardians, as the first educators of their children, enter into a partnership with the Catholic school to promote and support their child’s education. Parents and guardians must assume a responsibility for maintaining this partnership by supporting the school in the provision of education to their children within the scope of School's registration and furthering the spiritual and academic life of their children.

  • Transitional Services Upon cancellation, termination, or expiration of the Contract for any reason, the Contractor shall provide reasonable cooperation, assistance and Services, and shall assist the Department to facilitate the orderly transition of the work under the Contract to the Department and/or to an alternative contractor selected for the transition upon written notice to the Contractor at least thirty (30) business days prior to termination or cancellation, and subject to the terms and conditions set forth in the Contract.

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