Transition Service Agreement definition
Examples of Transition Service Agreement in a sentence
At the Closing, Seller and the Company shall enter into the Transition Service Agreement in substantially the form attached hereto as Exhibit B or a joinder in the form attached as Annex A to Exhibit B, as applicable, with such supplements or other changes (including as to the schedules, annexes or exhibits to the Transition Services Agreement) as are mutually agreed by the Buyer and Seller prior to the Closing.
Purchaser shall have delivered to Seller (i) the Assumption Agreement (ii) the other Assumption Instruments, (iii) the Wholesale Transition Service Agreement ,and (iv) subject to Section 1.10, the Transmission Service Agreement and Separation Document.
Except as provided in the Transition Service Agreement, no provision of this Section 6.15 shall limit, in any way, the ability of Sellers and their Affiliates to amend or terminate any Employee Benefit Plans or any other benefit or compensation plan, program, policy, contract, agreement or arrangement of any kind maintained, sponsored, or contributed to or required to be contributed to by Sellers or their Affiliates at any time after the Closing Date in their sole discretion.
Purchaser shall have executed and delivered to Seller (i) Assumption Agreement, (ii) the other Assumption Instruments, (iii) subject to Section 1.10, the Colstrip Transition Service Agreement, (iv) the Non-Colstrip Transition Service Agreement, (v) subject to Section 1.10, the Interconnection Agreement, and (vi) the Confirmation of the Reciprocal Sharing Agreement, dated as of the Closing, substantially in the form and to effect of Exhibit L hereto.
The pricing, pass-through costs, other out-of-pocket costs and other material terms and conditions under the Transition Service Agreement in the aggregate are no less favorable to Opco than the transfer pricing, pass-through costs, other out-of-pocket expenses and other material terms and conditions applicable to the Business and its receipt of similar services from Seller and its Affiliates during the year prior to the date hereof, subject to Acceptable Adjustments and Acceptable Increases.