Deconversion Charges Sample Clauses
The Deconversion Charges clause defines the fees or costs that a party must pay when converting a product, service, or asset back to its original state or configuration after a prior conversion. In practice, this clause typically applies when a customer or user has modified a system, account, or equipment and later decides to revert those changes, such as restoring software to its default settings or returning leased equipment to its original condition. Its core function is to allocate the financial responsibility for the resources and labor required to reverse a previous conversion, thereby ensuring that the party requesting deconversion bears the associated costs and preventing disputes over unexpected expenses.
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Deconversion Charges. Client agrees to pay Fiserv’s deconversion charges based on the rates identified in the Fee Exhibit in connection with Client’s deconversion from the Fiserv System, the scope of such services to be mutually agreed in writing between the parties. . ***** Fiserv Confidential – Limited Page 36
Deconversion Charges. Client agrees to pay Fiserv's then-current deconversion charges in connection with Client's deconversion from the Fiserv System. Upon termination or cancellation of the Card Services set forth in Exhibit G, the Fiserv fee for deconversion is $2,500.00 and Client shall pay for destruction or shipping of any plastic card stock and related materials owned by Client in Fiserv's possession.
Deconversion Charges. Client agrees to pay Fiserv’s then current deconversion charges in connection with Client’s deconversion from the Fiserv System, the scope and cost of such services to be mutually agreed in writing between the parties.
Deconversion Charges. Client agrees to pay Fiserv’s then current deconversion charges (see Appendix 1 to this Agreement) in connection with Client’s deconversion from the Fiserv System. Deconversion activities for the orderly transition of the Services from Fiserv’s system to another system will include the following types of services upon Client’s written request (and to the extent Client’s new service provider is involved, subject to Fiserv, Client, and such service provider entering into a commercially reasonable confidentiality agreement acceptable to the applicable parties), and on a time and materials basis at Current Rates as mutually agreed in writing between the parties in a Statement of Work.
(i) promptly developing with Client and its new service provider a transition plan setting forth the respective tasks and timetable to be performed by each party;
(ii) where appropriate, backing up Client Data for the remaining term of the Agreement and any term post period as agreed to by the parties;
(iii) making available and delivering to Client or Client’s designee all reasonable, necessary and appropriate tapes or other electronic or digital media with appropriate content, data and data library listings;
(iv) promptly assisting Client or its new service provider with the loading or transmission of Client Data;
(v) providing to Client, Client Data pursuant to Section 8.(f);
(vi) rendering such assistance as is reasonably necessary for Client to map the Client Data to its new system;
(vii) (collectively, (i), (ii), (iii), (iv), (v), and (vi) are hereinafter referred to as “Deconversion Activities”). Client shall pay for such Deconversion Activities at Current Rates, monthly as incurred, and in accordance with Section 2 of this Agreement. Notwithstanding the provisions set forth in Sections (i) to (vi) above, Notwithstanding the foregoing, if this Agreement is terminated pursuant to and in accordance with Section 8.(c)(ii) of the Agreement for Client’s uncured failure to pay, Fiserv shall not be obligated to perform any of the above described Deconversion Activities unless and until Client pays in advance the total amount of fees for (A) all estimated Deconversion Activities and (B) Fiserv’s provision of the Services up to and including the termination date.
Deconversion Charges. If Client wants StoneRiver’s assistance in deconverting data, the parties will enter into a Work Order.
