INITIAL DEVELOPMENT SERVICES Clause Samples

INITIAL DEVELOPMENT SERVICES. (a) Specifications. (i) Orbitz will provide AA with (A) Specifications for the Core Functionality identified in Exhibit B that will be available on the Delivery Date and (B) dedicated resources to assist AA in determining the AA-Specific Functionality necessary to implement the Orbitz Software. AA will thereafter provide Orbitz with a definitive list of the requested Deliverables, along with any Requirements therefor, within any time period set forth in the Schedule. (ii) Orbitz will, within the time period set forth in the Schedule, review the Requirements described in the preceding subsection and provide AA with (A) Specifications for the Deliverables, (B) a Not-To-Exceed Fee Estimate for the development of any requested AA-Specific Functionality, and (C) a non-binding fee estimate for the development of any requested AA-Competitive Functionality. The Specifications will include procedures for developing mutually acceptable, objective criteria for testing the Deliverables and any applicable requirements specifying the physical locations where development will occur. (iii) Following receipt of the Specifications, the Not-To-Exceed Fee Estimate and the non-binding fee estimate described in the preceding subsection, within the time period set forth in the Schedule AA will provide Orbitz with written verification of which portions of the Deliverables AA requests that Orbitz develop. Thereafter, AA and Orbitz will use reasonable commercial efforts to agree upon the prioritization of the functionality to be included in the Deliverables by the date set forth in the Schedule, including the Core Functionality, the AA-Specific Functionality, and any other Initial Development Services.
INITIAL DEVELOPMENT SERVICES. In consideration for the licenses granted by Orbitz hereunder and the Services related to development of the AA-Specific Functionality and AA-Competitive Functionality as part of the Initial Development Services performed by Orbitz personnel, AA will pay Orbitz a fee (the "License and Development Fee") for such Initial Development Services at the agreed upon rate of $[***], whether such Initial Development Services were performed prior to or after the Effective Date. ----------------------- *** Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.
INITIAL DEVELOPMENT SERVICES. In consideration for the licenses granted by Orbitz hereunder and the Services related to development of the AA-Specific Functionality and AA-Competitive Functionality as part of the Initial Development Services performed by Orbitz personnel, AA will pay Orbitz a fee (the "License and Development Fee") for such Initial Development Services at the agreed upon rate of [***], whether such Initial Development Services were performed prior to or after the Effective Date.

Related to INITIAL DEVELOPMENT SERVICES

  • Development Services During the term of this Agreement, the Provider agrees to provide to or on behalf of the Port the professional services and related items described in Exhibit A (collectively, the “Development Services”) in accordance with the terms and conditions of this Agreement. The Provider specifically agrees to include at least one Port representative in any economic development negotiations or discussions in which the Provider is involved concerning (i) a port-related business prospect or (ii) a business transaction which will ultimately require Port involvement, financial or otherwise.

  • Project Management Services Contractor shall provide business analysis and project management services necessary to ensure technical projects successfully meet the objectives for which they were undertaken. Following are characteristics of this Service:

  • EFT SERVICES If approved, you may conduct any one (1) or more of the EFT services offered by the Credit Union.

  • PROJECT SERVICES Landlord shall furnish services as follows:

  • Asset Management Services (i) Real Estate and Related Services: (a) Investigate, select and, on behalf of the Company, engage and conduct business with (including enter contracts with) such Persons as the Advisor deems necessary to the proper performance of its obligations as set forth in this Agreement, including but not limited to consultants, accountants, lenders, technical advisors, attorneys, brokers, underwriters, corporate fiduciaries, escrow agents, depositaries, custodians, agents for collection, insurers, insurance agents, developers, construction companies, Property Managers and any and all Persons acting in any other capacity deemed by the Advisor necessary or desirable for the performance of any of the foregoing services; (b) Negotiate and service the Company’s debt facilities and other financings; (c) Monitor applicable markets and obtain reports (which may be prepared by the Advisor or its Affiliates) where appropriate, concerning the value of investments of the Company; (d) Monitor and evaluate the performance of each asset of the Company and the Company’s overall portfolio of assets, provide daily management services to the Company and perform and supervise the various management and operational functions related to the Company’s investments; (e) Formulate and oversee the implementation of strategies for the administration, promotion, management, operation, maintenance, improvement, financing and refinancing, marketing, leasing and disposition of Properties, Loans and other Permitted Investments on an overall portfolio basis; (f) Consult with the Company’s officers and the Board and assist the Board in the formulation and implementation of the Company’s financial policies, and, as necessary, furnish the Board with advice and recommendations with respect to the making of investments consistent with the investment objectives and policies of the Company and in connection with any borrowings proposed to be undertaken by the Company; (g) Oversee the performance by the Property Managers of their duties, including collection and proper deposits of rental payments and payment of Property expenses and maintenance; (h) Conduct periodic on-site property visits to some or all (as the Advisor deems reasonably necessary) of the Properties to inspect the physical condition of the Properties and to evaluate the performance of the Property Managers; (i) Review, analyze and comment upon the operating budgets, capital budgets and leasing plans prepared and submitted by each Property Manager and aggregate these property budgets into the Company’s overall budget; (j) Coordinate and manage relationships between the Company and any co-venturers or partners; and (k) Consult with the Company’s officers and the Board and provide assistance with the evaluation and approval of potential asset dispositions, sales and refinancings. (ii) Accounting and Other Administrative Services: (a) Provide the day-to-day management of the Company and perform and supervise the various administrative functions reasonably necessary for the management of the Company; (b) From time to time, or at any time reasonably requested by the Board, make reports to the Board on the Advisor’s performance of services to the Company under this Agreement; (c) Make reports to the Conflicts Committee each quarter of the investments that have been made by other programs sponsored by the Advisor or any of its Affiliates, including KBS Realty Advisors LLC, as well as any investments that have been made by the Advisor or any of its Affiliates directly; (d) Provide or arrange for any administrative services and items, legal and other services, office space, office furnishings, personnel and other overhead items necessary and incidental to the Company’s business and operations; (e) Provide financial and operational planning services; (f) Maintain accounting and other record-keeping functions at the Company and investment levels, including information concerning the activities of the Company as shall be required to prepare and to file all periodic financial reports, tax returns and any other information required to be filed with the SEC, the Internal Revenue Service and any other regulatory agency; (g) Maintain and preserve all appropriate books and records of the Company; (h) Provide tax and compliance services and coordinate with appropriate third parties, including the Company’s independent auditors and other consultants, on related tax matters; (i) Provide the Company with all necessary cash management services; (j) Manage and coordinate with the transfer agent the dividend process and payments to Stockholders; (k) Consult with the Company’s officers and the Board and assist the Board in evaluating and obtaining adequate insurance coverage based upon risk management determinations; (l) Provide the Company’s officers and the Board with timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with such matters, including but not limited to compliance with the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002; (m) Consult with the Company’s officers and the Board relating to the corporate governance structure and appropriate policies and procedures related thereto; (n) Perform all reporting, record keeping, internal controls and similar matters in a manner to allow the Company to comply with applicable law, including federal and state securities laws and the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002; (o) Notify the Board of all proposed material transactions before they are completed; and (p) Do all things necessary to assure its ability to render the services described in this Agreement.