Transition Services Period definition

Transition Services Period means the period following the Distribution Date as provided in the Transition Services Agreement, or such other period mutually agreed upon by the Parties with respect to a specific administrative service.

Transition Services Period means the period beginning on the Closing Date and ending on the later of:

Transition Services Period means the period specified in the Transition Services Agreement during which employees of Sellers provide services to Purchaser.

Examples of Transition Services Period in a sentence

• During the Transition Services Period (defined in Section 8.1), NewCo hereby grants to MCK a worldwide, nonexclusive, royalty-free, fully paid-up, non-transferable, non-sublicensable (except to MCK’s Affiliates and MCK’s and its Affiliates’ subcontractors performing hereunder on MCK’s behalf) license under its Intellectual Property Rights to the extent reasonably necessary to perform the Services for NewCo hereunder.

• During the Transition Services Period (defined in Section 8.1), MCK hereby grants to NewCo a worldwide, nonexclusive, royalty-free, fully paid-up, non-transferable, non-sublicensable (except to NewCo’s Affiliates and NewCo’s and its Affiliates’ subcontractors performing hereunder on NewCo’s behalf) license under its Intellectual Property Rights to the extent reasonably necessary to perform the Services for MCK hereunder.

• In the event the Service Provider delivers the Service Provider Termination Notice to the Receiving Party, the TSA with respect to Services being provided to the Receiving Party shall terminate on the last day of that calendar month which is thirty six (36) months after the date of delivery of the Service Provider Termination Notice (subject to the applicable Wind Down Period and Transition Services Period).

• If the Service Provider has delivered the Service Provider Termination Notice, then any exercise by the Receiving Party of a Annual Extension Term within which the 36th month falls must recognize in said exercise notice that the TSA will terminate with respect to the Services provided to the Receiving Party as of the last day of the 36th month (subject to the applicable Wind Down Period and Transition Services Period).

• The parties shall mutually determine prior to the commencement of each calendar month during the Transition Services Period whether the fees for such month shall be as set out in (i) or (ii) above, and the Receiving Party shall then pay such fees accordingly.

More Definitions of Transition Services Period

Transition Services Period shall have the meaning set forth in Section 7.1(b).

Transition Services Period means the period commencing on the Closing Date and ending the date on which the Transition Services Agreement expires or terminates, all as more fully set forth in the Transition Services Agreement.

Transition Services Period is defined in Section 4.4.

Transition Services Period means the period commencing on the Effective Date up to and including the date that is ninety (90) days following the Effective Date. ETP and USAC shall reasonably cooperate to permit USAC Management to make offers of employment to any Service Employees prior to the expiration of the Transition Services Period, which cooperation shall include, to the extent permitted by applicable law, allowing reasonable access to any Service Employees during normal business hours in order to conduct screening and interviews in connection with employment offer determinations. ETP shall not (and shall cause its Affiliates not to) take any action (or omit to take any action) with the intent to directly or indirectly discourage any Service Employee from accepting any offer of employment made pursuant to this Section 1.8. The Parties acknowledge that the acceptance of employment offers, if any, made by USAC Management to a Service Employee is solely at the discretion of the individual Service Employee to whom offers of employment may be made.

Transition Services Period has the meaning specified in Section 8.3(p).

Transition Services Period means the period commencing on the Transition Date and continuing for such duration as requested by WMI, but not to extend beyond nine (9) months following the Transition Date.

Transition Services Period shall have the meaning set forth in Section 4.3 hereof.