Common use of Name and Organizational Changes Clause in Contracts

Name and Organizational Changes. PSP must provide TFC with written notification of all name changes and organizational changes relating to PSP including, but not limited to, merger, acquisition or sale no later than ten (10) business days of such change. PSP, in its notice, shall describe the circumstances of the name change or organizational change, state its new name, provide the new Tax Identification Number, and describe how the change will impact its ability to perform under the Agreement. If the change entails personnel changes for personnel performing the responsibilities of the Agreement for PSP, PSP shall identify the new personnel and provide resumes to TFC, if resumes were originally required by the solicitation. TFC may request other information about the change and its impact on the Agreement and PSP shall supply the requested information within five (5) working days of receipt of the request. All written notifications of organizational change must include a detailed statement specifying the change and supporting documentation evidencing continued right of PSP or successor entity, as applicable, to maintain its status as a party to this Agreement. TFC may terminate the Agreement due to any change to PSP that materially alters PSP’s ability to perform under the Agreement.

Name and Organizational Changes. PSP must provide TFC with written notification of all name changes and organizational changes relating to the PSP including, but not limited to, merger, acquisition acquisition, or sale sale, no later than ten (10) business days Days of such change. PSP, in its notice, shall describe the circumstances of the name change or organizational change, state its new name, provide the new Tax Identification Number, and describe how the change will impact its ability to perform under the this Agreement. If the change entails personnel changes for personnel performing the responsibilities responsibility of the this Agreement for PSP, PSP shall identify the new personnel and provide resumes to TFC, if resumes were originally required by the solicitation. TFC may request other information about the change and its impact on the this Agreement and PSP shall supply the requested information within five seven (57) working days Days of receipt of the request. All written notifications of organizational change must include a detailed statement specifying the change and supporting documentation evidencing continued right of PSP or successor entity, as applicable, to maintain its status as a party to this Agreement. TFC may terminate the this Agreement due to any change to PSP that materially alters PSP’s ability to perform under the this Agreement.