Common use of Discontinuation of Services Clause in Contracts

Discontinuation of Services. Unless otherwise provided in the relevant Schedule for a particular Service, at any time after the Distribution Date, B&W may, without cause and in accordance with the terms and conditions hereunder and the Master Separation Agreement, request the discontinuation of one or more specific Services by giving McDermott at least 30 days’ prior written notice; provided, however, that any such discontinuation will not affect the amounts payable to McDermott hereunder unless (and then only to the extent that) the charges for the discontinued Services have been separately identified in the applicable Schedule. B&W shall be liable to McDermott for all costs and expenses McDermott or any member of the MII Group remains obligated to pay in connection with any discontinued Service or Services, except in the case of a Service terminated by B&W pursuant to clause (ii) of the first sentence of Section 7.1 hereof. The parties shall cooperate as reasonably required to effectuate an orderly and systematic transfer to the B&W Group of all of the duties and obligations previously performed by McDermott or a member of the MII Group under this Agreement.

Appears in 4 contracts

Samples: Transition Services Agreement (McDermott International Inc), Transition Services Agreement (Babcock & Wilcox Co), Transition Services Agreement (Babcock & Wilcox Co)

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Discontinuation of Services. Unless otherwise provided in the relevant Schedule for a particular Service, at any time after the Distribution Date, B&W McDermott may, without cause and in accordance with the terms and conditions hereunder and the Master Separation Agreement, request the discontinuation of one or more specific Services by giving McDermott B&W at least 30 days’ prior written notice; provided, however, that any such discontinuation will not affect the amounts payable to McDermott B&W hereunder unless (and then only to the extent that) the charges for the discontinued Services have been separately identified in the applicable Schedule. B&W McDermott shall be liable to McDermott B&W for all costs and expenses McDermott B&W or any member of the MII B&W Group remains obligated to pay in connection with any discontinued Service or Services, except in the case of a Service terminated by B&W McDermott pursuant to clause (ii) of the first sentence of Section 7.1 hereof. The parties shall cooperate as reasonably required to effectuate an orderly and systematic transfer to the B&W MII Group of all of the duties and obligations previously performed by McDermott B&W or a member of the MII B&W Group under this Agreement.

Appears in 4 contracts

Samples: Transition Services Agreement (McDermott International Inc), Transition Services Agreement (Babcock & Wilcox Co), Transition Services Agreement (Babcock & Wilcox Co)

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