Examples of Exit Management Services in a sentence
The Purchaser shall have the right to terminate its requirement for Exit Management Services by serving not less than twenty (20) Working Days' written notice upon the Service Provider to such effect.
Without prejudice to the Service Provider’s obligations under paragraph 4.3.3, if it is not possible for the Service Provider to reallocate resources to provide such assistance as is referred to in paragraph 4.3.2 without additional costs to the Purchaser, any additional costs incurred by the Service Provider in providing such reasonable assistance which is not already in the scope of the Exit Management Services or the Exit Plan shall be subject to the Change Control Procedure.
The Purchaser shall be entitled to require the provision of Exit Management Services at any time during the Term by giving written notice to the Service Provider following the service of a Termination Notice, or at the same time as serving a Termination Notice (a “Termination Assistance Notice”).
If the Service Provider demonstrates to the Purchaser's reasonable satisfaction that transition of the Services and provision of the Exit Management Services during the Termination Assistance Period will have a material, unavoidable adverse effect on the Service Provider's ability to meet one or more particular Service Level(s), the Parties shall by mutual agreement vary the relevant Service Level(s) and/or the applicable Service Credits to take account of such adverse effect.
Until the agreement of the final form of the Exit Plan, the Service Provider shall provide the Exit Management Services in accordance with the principles set out in this Schedule and the last approved version of the Exit Plan (insofar as relevant).
The Key Individuals must not be released from providing the Services without the approval of the Purchaser (including when carrying out the Exit Management Services), except by reason of long-term sickness, maternity, paternity, adoption or parental leave, termination of employment or equivalent extenuating circumstances.
For the purpose of calculating the costs of providing the Exit Management Services for inclusion in the Exit Plan or, if no Exit Plan has been agreed, the costs of providing Exit Management Services shall be determined in accordance with the Change Control Procedure.
If the scope or timing of the Exit Management Services is changed and this results in a change to the Exit Management Service Charges, the estimate may be varied in accordance with the Change Control Procedure.
The Termination Assistance Notice shall specify: the date from which Exit Management Services are required; the nature of the Exit Management Services required; and the period during which it is anticipated that Exit Management Services will be required, which shall continue no longer than twenty four (24) months after the date that the Service Provider ceases to provide the Services.
During the Termination Assistance Period (or for such shorter period as the Purchaser may require the Service Provider to provide the Exit Management Services), the Purchaser shall pay the Exit Management Service Charges to the Service Provider in respect of the Exit Management Services in accordance with the rates set out in the Exit Plan (but shall not be required to pay costs in excess of the estimate set out in the Exit Plan).