Initial Operations; Service Arrangements Sample Clauses

Initial Operations; Service Arrangements. The Members intend to operate the Company initially with minimal staff and committed overhead and for the Company to purchase operational and other support services, technical assistance and intellectual property rights, where available, from the Members and/or their respective Affiliates at cost in accordance with the terms of (i) in the case of Cinergy Solutions and its Affiliates, that certain Service Agreement between the Company and Cinergy Solutions or an affiliate (the “Cinergy Solutions Service Agreement”), a complete copy of which Cinergy Solutions has provided to Trigen Solutions, and (ii) in the case of Trigen Solutions and its Affiliates that certain Service Agreement between the Company and Trigen Solutions or an affiliate (the “Trigen Solutions Service Agreement”), a complete copy of which Trigen Solutions has provided to Cinergy Solutions, and collectively with the Cinergy Solutions Service Agreement, the “Service Arrangements”). Each member and any Affiliate thereof which provides services to the Company pursuant to the Service Arrangements shall permit the Company reasonable access to its accounts and records, including the basis and computation of cost allocations.
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Initial Operations; Service Arrangements. The Members intend to operate the Company initially with minimal staff and committed overhead and for the Company to purchase operational and other support services, technical assistance and intellectual property rights, where available, from the Members and/or their respective Affiliates at cost in accordance with the terms of (i) in the case of Cinergy Solutions and its Affiliates, (a) that certain Nonutility Service Agreement, amended and restated, effective as of February 18, 1997, nonutility Affiliates thereof, including Cinergy Solutions and the Company (the “Service Agreement”), a complete copy of which Cinergy Solutions has provided to Trigen, and (ii) in the case of Trigen and its Affiliates that certain Service Agreement between the Company and Trigen Energy Services, Inc. (the “Trigen Service Agreement” and collectively with the Cinergy Service Agreement, the “Service Arrangements”), a complete copy of which Trigen has provided to Cinergy Solutions. Each Member and any Affiliate thereof which provides services to the Company, pursuant to the Service Arrangements, shall permit the Company reasonable access to its accounts and records, including the basis and computation of cost allocations.
Sample 1
Initial Operations; Service Arrangements. The Members intend to operate the Company initially with appropriate staff and committed overhead and for the Company to purchase operational and other support services, technical assistance and intellectual property rights, where available, from the Members and/or their respective Affiliates or third parities, in each case pursuant to terms approved by the Members pursuant to Section 3.3 or the Board of Managers pursuant to Section 4.4 or 4.5 above, as applicable ("Service Arrangements") Each Member and any Affiliate thereof which provides services to the Company pursuant to any Service Arrangements shall do so on an arm's length basis and shall permit the Company reasonable access to its accounts and records pertaining to such Service Arrangements, including the basis and computation of cost allocations.
Sample 1
Initial Operations; Service Arrangements. The Members intend to operate the Company with appropriate staff and committed overhead and for the Company to purchase operational and other support services, technical assistance and intellectual property rights, where available, from the Members and/or their respective Affiliates or third parties, in each case pursuant to terms approved by the Members pursuant to Section 3.3 or the Board of Managers pursuant to Section 4.4 or 4.5 above, as applicable ("Service Arrangements"); provided that a Member or Manager shall be excluded from any vote relating to the approval, enforcement or administration of a Service Arrangement where (i) that Member or its Affiliates is or may become a party to such Service Arrangement or (ii) that Manager was appointed to the Board of Managers by a party that is or may become, or whose Affiliate is or may become, a party to such Service Arrangement. Each Member and any Affiliate thereof which provides services to the Company pursuant to any Service Arrangements shall do so on an arm's length basis and shall permit the Company reasonable access to its accounts and records pertaining to such Service Arrangements, including the basis and computation of cost allocations.
Sample 1

Related to Initial Operations; Service Arrangements

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