Orderly Transfer Sample Clauses
The Orderly Transfer clause establishes procedures to ensure a smooth and organized transition of responsibilities, assets, or information from one party to another, typically at the end of a contract or upon termination. In practice, this clause may require the outgoing party to provide all necessary documentation, return property, or assist in training the incoming party to minimize disruption. Its core function is to prevent operational gaps or confusion during transitions, thereby protecting the interests of both parties and maintaining business continuity.
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Orderly Transfer. In the event that this Agreement is terminated pursuant to 5.2 above, then each Party will provide such information, cooperation and assistance to the other Party, as may be reasonably requested, to assure an orderly return or transfer to each Party or its designee of each Party’s proprietary data (and related records and files) and materials, if any, held by the other Party.
Orderly Transfer. The Seller shall, and hereby agrees to, cooperate with the Buyer in all reasonable ways, at no direct or indirect cost to the Seller, in effecting any orderly transfer to the Buyer of the Assets to be acquired by the Buyer hereunder.
Orderly Transfer. Upon the termination of this Agreement for any reason whatsoever (including a default by either party), Contractor will provide such information, cooperation and assistance to Client, as Client may reasonably request, to assure an orderly return or transfer to Client or Client's designee of all Client Confidential Information (and related records and files) and all Work Product (to the extent paid for by Client, provided, however, that any payment by Client shall not be construed as a waiver of or limitation on its rights under this Agreement), in its then current condition. In addition, except as otherwise expressly provided in this Agreement, upon the request of a party after such expiration or termination, the other party will return (or purge its systems and files of, and suitably account for) all Confidential Information supplied to, or otherwise obtained by, such party in connection with this Agreement. A party will certify in writing that it has fully complied with its obligations under this Section within seven days after its receipt of a request by the other party for such a certification. Nothing in this Section 12.3 shall be construed to limit either party's right to seek relief from damages that are caused by the other party's default.
Orderly Transfer. Upon the termination of this Agreement for any reason whatsoever (including a default by either Party), Licensor will provide such cooperation and assistance to Customer, as Customer may reasonably request, to assure an orderly return or transfer to Customer or Customer’s designee of all proprietary data (and related records and files) and materials of Customer in their then current condition in Licensor’s possession. Customer shall compensate Licensor for such transfer services at Licensor’s standard hourly rates on a time and materials basis.
Orderly Transfer. Sellers will use their commercially reasonable efforts to assist and cooperate with Purchaser and LLANY in the orderly transfer of the Business, including without limitation, the Direct Systems and Shared Systems. Sellers will provide Purchaser and LLANY a reasonable level of access to Sellers' personnel skilled in delivering the IT Services for purposes of general consultation and knowledge transfer related to the Business. All costs of such transfer, including all applicable taxes, will be borne by Purchaser and LLANY.
Orderly Transfer. Purchaser shall use commercially reasonable efforts to assist Sears or its designee to convert the processing and servicing of the Sears Repurchase Assets to Sears, its assignee or its processor, as the case may be, as soon as practicable after the Repurchase Closing Date. The parties to the Repurchase Agreement shall negotiate and enter into a transition services agreement, substantially in the form of the Transition Services Agreement, for Purchaser to service the Accounts until the conversion date occurs and for a period of up to one year at its election, any other services that may be reasonably necessary in connection with the Repurchase Agreement.
Orderly Transfer. Purchaser shall use all reasonable best efforts to assist Sears or its assignee to convert the processing and servicing of the Sears Repurchase Assets to Sears, its assignee or its processor, as the case may be, as soon as practicable after the Repurchase Closing Date. [***]
Orderly Transfer. Upon the termination of a License Schedule for any reason whatsoever (including a default by either Party), Licensor will provide such information, cooperation and assistance to Licensee, as Licensee may reasonably request, to assure an orderly return or transfer to Licensee or Licensee’s designee of all proprietary data (and related records and files) and materials of Licensee in their then current condition. Upon termination of a License Schedule by Licensor pursuant to Section 2.2, and except as otherwise provided herein or in such License Schedule, Licensee will return all copies of the Software under such License Schedule to Licensor or destroy all copies of the Software under such License Schedule and, if requested by Licensor, provide Licensor with a certificate signed by a duly authorized representative of Licensee attesting to such destruction with thirty (30) days of the effective date of termination.
Orderly Transfer. 4 Section 2.5 Billing and Cash Settlement Procedures................................4 Section 2.6 Subcontracting........................................................4 Section 2.7 Audit of Transition Services..........................................5 Section 2.8 Archiving.............................................................5 ARTICLE III TERM; TERMINATION
Orderly Transfer. The Holder and Monroad, LLC shall, and hereby agrees to, cooperate with HERC and MNHD in all reasonable ways, at no direct or indirect cost to HERC or MNHD, in effecting any orderly transfer to HERC of the Stock, Business or underlying Assets to be acquired by HERC hereunder.