Transition Services Periods Sample Clauses

Transition Services Periods. If Centocor delivers a Transition Services Notice with respect to any of the Principal Territories (other than Canada), Schering-Plough or its designated Affiliate shall provide to Centocor Selling Services and Marketing Services in the applicable Principal Territory for up to sixty (60) days following the Termination Time. If Centocor delivers a Transition Services Notice with respect to any of the Other Territories (with respect to all Elected Transition Services) and the Principal Territories (solely with respect to Elected Transition Services that are not Selling Services or Marketing Services), Schering-Plough or its designated Affiliate shall provide to Centocor such Elected Transition Services for up to ninety (90) days following the Termination Time; provided, however, that, following such initial ninety (90)-day period, Centocor will have up to two (2) additional ninety (90)-day extension periods with respect to each applicable Relinquished Territory, each extension period to be elected by Centocor by delivery of written notice thereof to Schering-Plough at least thirty (30) days prior to the expiration of the then-applicable transition services period. Notwithstanding the first sentence of this Section 2.2(b)(i), if a Regulatory Delay occurs in any Principal Territory and Centocor has complied with its obligations under Sections 4.4(c) and 4.5(a) with respect to such Principal Territory, Schering-Plough will extend the period it provides Selling Services and Marketing Services to Centocor in such Principal Territory by an additional sixty (60) days beyond the initial sixty (60)-day period described in the first sentence of this Section 2.2(b)(i).
Sample 1
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Related to Transition Services Periods

  • 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.

  • Transition Period Upon termination of this Agreement, and for 90 consecutive calendar days thereafter (the “TRANSITION PERIOD”), Executive agrees to make himself available to assist the Company with transition projects assigned to him by the Board. Executive will be paid at a reasonable, agreed upon hourly rate for any work performed for the Company during the Transition Period.

  • Transitional Services Seller shall provide to Buyer, with respect to each Specified Business, upon written request from Buyer received by Seller no later than 30 days prior to the Closing Date, such services as may be reasonably requested by Buyer in connection with the operation of such Specified Business for a commercially reasonable transition period following the Closing to allow for conversion of existing or replacement services, in each case to the extent and only to the extent Seller or its Affiliates retains the Assets and employees necessary to allow the provision of such services (“Transitional Services”). In addition, between the date hereof and the Closing, Seller shall use commercially reasonable efforts to cooperate with Buyer to assist Buyer in developing and implementing a plan of transition. Buyer shall promptly reimburse Seller for the reasonable out-of-pocket costs and any incremental costs and expenses necessary to provide Transitional Services. All other terms and conditions for the provision of Transitional Services shall be reasonably satisfactory to both Buyer and Seller and subject to applicable Law.

  • Services Provided ON AN ONGOING BASIS, IF APPLICABLE.

  • Transition Seller will not take any action that is designed or intended to have the effect of discouraging any lessor, licensor, customer, supplier, or other business associate of the Company from maintaining the same business relationships with the Company after the Closing as it maintained with the Company prior to the Closing. The Seller will refer all customer inquiries relating to the business of the Company to the Purchaser from and after the Closing.

  • SERVICES TERM The performance of the Services shall commence on the Distribution Date and, unless earlier terminated pursuant to Section 4.2 or 4.3, shall terminate on the earlier of (i) December 31, 2007, or (ii) such earlier date as may be expressly provided for in the relevant Schedule hereto (the “Services Term”).

  • 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.

  • Service Term The Service Term shall become effective and begin as of the Effective Date, and shall continue until the close of business on the 1st anniversary of the Effective Date (the "Expiration Date"), unless the Consultant's services are terminated earlier pursuant to a Termination of Service. The Consultant will serve the Company subject to the general supervision, advice and direction of the Board and upon the terms and conditions set forth in this Agreement.

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

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