Examples of P&S Agreement in a sentence
DI will invoice Customer for the Professional Services Fees as set forth in the applicable PS Agreement.
If Customer terminates any PS Agreement without cause, Customer shall promptly reimburse DI for any Fees for Professional Services performed, and Billable Expenses incurred, prior to the date of termination.
Upon any termination of a PS Agreement, Section 12.d) (“Effect of Termination”) of the General Terms and Conditions shall be directly applicable to the terminated PS Agreement.
This Professional Services Agreement, and any effective PS Agreement, will terminate automatically if all or a substantial portion of either Party’s assets are transferred to an assignee for the benefit of creditors, to a receiver or to a trustee in bankruptcy, a proceeding is commenced by or against the Party for relief under bankruptcy or similar laws and such proceeding is not dismissed within sixty (60) days, or a Party is adjudged bankrupt.
Each PS Agreement shall have the term set forth in the PS Agreement.
Customer acknowledges and agrees that the Professional Services Fees set forth in each PS Agreement are only for the Professional Services scoped in such PS Agreement.
DI warrants that the Professional Services will be performed with reasonable skill and care by competent and trained personnel and in accordance with applicable and reasonable industry standards and practices, and that the Work Products will substantially perform in accordance with the specifications set forth in a PS Agreement.
Either Party may terminate an individual PS Agreement without cause upon thirty (30) days’ written notice to the other.
In case of termination by DI pursuant to Section 12.c) above, all licenses granted herein, and under any applicable PS Agreement, if any, shall immediately terminate, and Customer shall immediately cease using any delivered Work Product and Customer shall promptly return all Work Product to DI.
If a term is not specified in the PS Agreement, the PS Agreement shall begin upon the effective date of the PS Agreement and shall continue until all Professional Services are completed, unless earlier terminated as provided herein.