Transition Term definition

Transition Term has the meaning set forth in Section 5.1 of this TSA.

Transition Term has the meaning set forth in Section 11.2.3(c).

Transition Term has the meaning set forth in Section 10.1 (Transition Term).

Examples of Transition Term in a sentence

• The Contractor shall provide a total compensation package for Transferring Employees (including for Safety Members, as defined in UCRP plan documents, who otherwise qualify as and choose to become Transferring Employees) that is substantially equivalent to that provided by the predecessor contractor as of the last day of the Transition Term of the Contract.

• Transition Term: The Contractor may begin cost savings initiatives before the CRP is approved and may be eligible for cost savings incentive fee if the terms of the Contract’s Section I Clause entitled “DEAR 970.5215-4, Cost Reduction” can be met.

• Cost savings initiatives before the CRP is approved could include changes in the full-time equivalent (FTE) baseline during the Transition Term, provided there is a corresponding reduction in costs.

• During the Transition Term, Executive shall continue to be eligible to participate in the same medical, dental and health and welfare benefit plans that Executive participated in on the Effective Date, subject to the terms and conditions of such plans.

• A Force Majeure Event shall not toll or otherwise extend the Transition Term.

More Definitions of Transition Term

Transition Term has the meaning set forth in Section 7.8(a).

Transition Term means the period of time beginning on the Effective Date and ending on the Commencement Date.

Transition Term means the performance measurement period for each Transition as identified in the Transition Work Order.

Transition Term means a period of [***] from the Closing Date, or as otherwise mutually agreed to in writing between the Parties in respect of specified services under the Transitional Services Agreement.

Transition Term has the meaning provided in Section 11.2.

Transition Term means a period beginning on the Closing Date and continuing until the earlier of: (i) Sandoz Parties’ Re-launch of generic Enoxaparin in the Territory or (ii) June 30, 2021; unless extended by mutual agreement of the Parties.

Transition Term shall have the meaning set forth in the Transition Services Schedule.