Initial Transition Period definition

Initial Transition Period for each Transition Service means the period beginning on the date on which the Spin-Off occurs (the “Closing Date”) and ending on the Initial Termination Date, and (b) the terms Initial Transition Period and Subsequent Transition Period are collectively referred to herein as the “Transition Period.”

Initial Transition Period has the meaning set forth in Section 6.15.

Initial Transition Period has the meaning set forth in Section 21.3(b).

Examples of Initial Transition Period in a sentence

• Initial Transition Plan and Execution Prior to taking over the scope noted in this Contract, the Contractor shall work with the State to develop and manage plans for transferring services from the incumbent vendor over an Initial Transition Period (April 1, 2022 to December 31, 2022).

• As a part of the Initial Transition Period, the incumbent vendor will commence implementation of a State-approved Turnover Plan.

• Following the end of the Initial Transition Period, Executive may continue to provide consulting services to the Company for additional six month periods as shall be mutually agreed upon by Executive and the Chief Executive Officer of the Company (each a “Subsequent Transition Period,” and together with the Initial Transition Period (the “Transition Period”).

• Upon mutual written agreement, the parties may extend the term of this Agreement beyond the Initial Transition Period (the “Extended Transition Period”).

• The Initial Transition Period and the Extended Transition Period are collectively referred to herein as the “Transition Period.” Zimmer may terminate this Transition Services Agreement prior to the expiration of the Transition Period, provided that Zimmer shall deliver to RTI a written termination notice no less than ten (10) Business Days prior to the desired effective date of such termination.

More Definitions of Initial Transition Period

Initial Transition Period has the meaning set forth in Section 3.1(d). “Initial Trial Budget” has the meaning set forth in Section 3.8. “Insolvency Event” means, with respect to a Party,

Initial Transition Period shall have the meaning set forth in Section 2.2.1 of this Agreement.

Initial Transition Period. “Order to Cash Services” shall have the meaning set out in Clause 3.1. shall mean the receipt and confirmation of customer orders, the shipment of product to all customers in the Territory, ongoing customer service as it relates to the order to cash process, maintenance of the EU wholesaler dealer's license, and storage, distribution and cash-collection services in all countries where Basilea performs such activities as of the Effective Date. It also includes the provision of data on sales to public hospitals in Italy to the Italian Ministry of Health, as required by Italian law.

Initial Transition Period means the period starting the day following the consummation of the SBC-AT&T Merger and, subject to Licensee’s compliance with the following covenant, ending the earliest to occur of (x) eighteen (18) months after the consummation of the SBC-AT&T Merger, (y) the termination of this Agreement in accordance with Article 12 hereof, or (z) the occurrence of an insolvency event under Section 10.02 of the Joint Venture Agreement. Licensee covenants that during the Initial Transition Period Licensee shall either develop new marks or obtain a license from a third party to use new marks for use in connection with the Service Offerings (the “New Marks”), and within such Initial transition Period shall make a public announcement of such New Marks. If Licensee is in compliance with this covenant, then the Initial Transition Period shall be extended to a date that is the earliest to occur of (x) thirty-six (36) months from the date of the consummation of the SBC-AT&T Merger, (y) the termination of this Agreement in accordance with Article 12 hereof, or (z) the occurrence of an insolvency event under Section 10.02 of the Joint Venture Agreement (the “Extended Transition Period”), otherwise, the Initial Transition Period shall end on the date that is eighteen (18) months following the date of the consummation of the SBC-AT&T Merger. If Licensee qualifies for the Extended Transition Period and there is an Extended Transition Period, then during the period from the end of the sixth (6th) month following the Initial Transition Period to the end of the Extended Transition Period, Licensee may only use the Marks (x) in conjunction with the use of any New Marks developed or licensed by Licensee, (y) in a manner in which the Marks are not used as the primary indicia of origin and are used solely in a referential manner, and (z) with the prior review and consent of AT&T, which consent shall not be unreasonably withheld. By way of example, Licensee may use the AT&T name in a significantly smaller type face following the use of any New Xxxx, and also use accompanying language such as “formerly AT&T” as a tag line.”

Initial Transition Period means the period beginning on the Third Amendment Date and ending on the date that is one hundred fifty (150) days after the Third Amendment Date.

Initial Transition Period shall have the meaning set forth in Section 9.11.

Initial Transition Period means the three (3) month period immediately following the Closing Date.