Deconversion definition

Deconversion has the meaning ascribed thereto in Section 12.2 hereof.

Deconversion means the completion of the transfer of Fund data, information and records from the production database and production environment of the Fund in the BNYM System to the production database and production environment of the Fund in the computer system of a successor transfer agency services provider with the intention that on the next occurring business day such successor service provider will perform transfer agency services for the Fund utilizing such transferred data, information and records.

Deconversion means the collaborative process of transferring Shareholder files and records related to the Funds from the Computershare system to the processing system of the Replacement Provider.

Examples of Deconversion in a sentence

• Notwithstanding the termination or non-renewal of this Agreement, the terms and conditions of this Agreement shall continue to apply until the completion of Deconversion (defined below).

• Such Deconversion is subject to the recompense of the Transfer Agent for such assistance at its standard rates and fees in effect at the time and to a reasonable time frame for performance as agreed to by the parties.

• The Deconversion is subject to the recompense of DST for such assistance at its standard rates and fees in effect at the time and to a reasonable time frame for performance as agreed to by the parties.

• The payment of all fees owing to the Transfer Agent under this Section 12.3 and all fees, charges and expenses for services provided that have accrued and remain unpaid, and all Deconversion costs under Section 12.2 shall be paid on or before the business day immediately prior to the conversion or termination of services.

• In the event the parties fail to agree upon a new Fee Schedule as of such date, the Fee Schedule set forth as Schedule 3.1 hereto shall remain in effect subject to increase under Section 3.6. Notwithstanding the termination or non-renewal of this Agreement, the terms and conditions of this Agreement shall continue to apply until the completion of Deconversion (defined below).

More Definitions of Deconversion

Deconversion means cooperation in migration of the Services to CUSTOMER or a new processor on behalf of CUSTOMER and the transfer of information concerning CUSTOMER’s accounts from the E1G System to CUSTOMER or a new processor pursuant to E1G’s standard deconversion procedures upon expiration or following termination of this Agreement.

Deconversion means the removal of information concerning Customer's Accounts from the FDR System.

Deconversion means the process where Customer converts off Vendor’s system for one or more services as may be more specifically set forth in an Addendum.

Deconversion means the removal of information concerning JPMC’s operations, and accounts from Visa’s systems, and all related activities reasonably necessary to allow JPMC to transition from the Service to services provided by a third party or by JPMC’s own resources. Upon delivery of a notice of termination or a notice of non-renewal of this Schedule Two in accordance with its terms, Visa and JPMC shall mutually, expeditiously and in good faith proceed to agree upon and document a Deconversion project plan, which the parties contemplate may involve a ** time frame for completion and implementation. As part of the Deconversion project plan, Visa shall perform, for the rates set forth in Schedule A (as modified as permitted under this Schedule Two) or for systems and programming-related activities and for its costs and expenses not contemplated by Schedule A (which shall be at commercially reasonable rates in accordance with industry standards) associated therewith, the services necessary for JPMC to transfer its debit card processing operations from Visa’s system to the internal or third party provided data processing system which JPMC has selected. The rates set forth in Schedule A (as modified as permitted under this Schedule Two) shall apply for the duration of Deconversion, but in no event will Deconversion activities exceed ** after notification by a party of termination of this Schedule Two. In connection with the services that Visa is required to perform, Visa shall transfer all JPMC data files in ** with any supporting documentation or instruction as may be appropriate. Visa shall assign, at the

Deconversion has the meaning specified in Section 2.04(a).

Deconversion fees owing by Seller, except as set forth in Section 3.6, (vi) all liabilities of Seller for Excluded Liabilities (including Taxes except as provided in Section 5.5), (vii) the gross negligence or willful misconduct of Seller in undertaking its obligations under Article III and/or Section 4.5, (viii) the failure of Seller to have executed originals (or accurate copies thereof) of any Merchant Agreement, Agent Bank Agreements, ISO Agreements or Related Agreements, or (ix) any liability with respect to the Key Government Employees. In the event that indemnification is sought hereunder by any member of Purchaser Protected Parties, Purchaser shall act on behalf thereof and Seller shall be entitled to rely upon the acts and representations of Purchaser as representing the acts and representations of such member.

Deconversion means (i) the transfer from TSYS to Subscriber, or Subscriber’s designee, of data relating to the Subscriber Cardholder Accounts and (ii) the migration from TSYS to Subscriber, or Subscriber’s designee, of the processing, card servicing or related operations performed by TSYS as part of the Services and shall include those activities described in the Section 4.2 and 4.3.