Common use of Financial Obligation Clause in Contracts

Financial Obligation. In providing the Services, Supplier and its Representatives will not be obligated to perform any of the following actions unless Buyer agrees to pay the fully Allocated Cost of such actions and the performance of such actions is reasonably within the control of Supplier and its Representatives: (i) maintain the employment of any specific employee; (ii) purchase, lease or license any additional equipment or software, except any replacement for existing equipment owned by Supplier and necessary to provide the Services pursuant to the terms of this Agreement; (iii) pay any costs related to the conversion of the Buyer Data from one format to another; or (iv) pay any costs necessary to integrate Buyer’s systems for purposes of receiving the Services.

Appears in 6 contracts

Samples: Master General Transition Services Agreement (Kraft Foods Group, Inc.), Master General Transition Services Agreement (Kraft Foods Group, Inc.), Master Information Technology (Kraft Foods Group, Inc.)

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