Replacement Systems Clause Samples
The Replacement Systems clause defines the terms and conditions under which one system or component may be substituted for another within a contractual arrangement. Typically, this clause outlines the criteria for acceptable replacements, such as compatibility, performance standards, and approval processes, and may specify timelines or responsibilities for implementing the change. Its core practical function is to ensure continuity of service or functionality while providing a clear framework for managing upgrades, repairs, or substitutions, thereby minimizing disputes and operational disruptions.
Replacement Systems. In the event that any applicable system or function used by FIS to provide a Service is replaced during the term by a comparable system or function, the Service Level shall, to the extent reasonably practicable, be defined during the first sixty (60) days of operation of such replacement system or function, provided that such Service Level shall be established at a level intended to achieve performance at least the same as or better than performance under the Service Level associated with the replaced system or function.
Replacement Systems. In the event that any applicable system or function used by Contractor to provide a Service is replaced during the Term by a comparable system or function, the Service Level shall, to the extent reasonably practicable, be defined during the first 60 days of operation of such replacement system or function, provided that such Service Level shall be established at a level intended to achieve performance at least the same as or better than performance under the Service Level associated with the replaced system or function. Standard retention period for ▇▇▇▇ images and payment history is 30 months. Historical ▇▇▇▇ images and payment history may be loaded into the Service at the election of Client; such election will be noted in the Services Fee Schedule, if applicable. Purging of Client data, beyond the selected retention period described in the Services Fee Schedule, will be at the election of Contractor. Contractor is not the system of record and the Client has the obligation to retain customer data on a permanent basis, or for any other Client need, and agrees that the loss or destruction of any such data will not result in any liability to Contractor.
Replacement Systems. In the event Vendor discontinues use of any of its proprietary systems during the Term of this Agreement, and replaces it with another service offering, Vendor will promptly make such replacement offering available to Omnicare Facilities at no charge.
Replacement Systems. In the event that any applicable system or function used by PROVIDER to provide a Service is replaced during the Term by a comparable system or function, the Service Level shall, to the extent reasonably practicable, be defined during the first sixty (60) days of operation of such replacement system or function, provided that such Service Level shall be established at a level intended to achieve performance at least the same as or better than performance under the Service Level associated with the replaced system or function. Standard retention period for ▇▇▇▇ images is thirty (30) months and thirty (30) months for payment history. Historical ▇▇▇▇ images and payment history may be loaded into the Service at the election of Client; such election will be noted in the Services Fee Schedule, if applicable. Purging of Client data, beyond the selected retention period described in the Services Fee Schedule, will be at the election of PROVIDER. Provider is not the system of record and the Client has the obligation to retain customer data on a permanent basis, or for any other Client need, and agrees that the loss or destruction of any such data will not result in any liability to PROVIDER.
Replacement Systems. Without in any way limiting any other obligation under this Agreement, when any Artificial Sand Bypassing System constructed under this Agreement is to be replaced, the Parties agree to consult fully with each other and to each use its best endeavours to ensure that the replacement System is completed in a timely manner so as to continue to meet the purpose of this Agreement.
Replacement Systems. In the event that any applicable system or function used by Metavante to provide a Service is replaced during the Term by a comparable system or function, the Service Level shall, to the extent reasonably practicable, be defined during the first sixty (60) days of operation of such replacement system or function, provided that such Service Level shall be established at a level intended to achieve performance at least the same as or better than performance under the Service Level associated with the replaced system or function. Any additions or modifications to Service Levels shall be documented in a written amendment to the Agreement (and this Schedule). Batch windows are based on current account volumes as of the Effective Date. Batch windows may be adjusted by Metavante in consultation with City should account volumes exceed 20% growth. The City will only be responsible for “Successful Transactions.” “Successful transactions” include the following: Transactions that were processed successfully, settled with the bank and posted to the daily batch file on schedule. Transactions that were processed unsuccessfully with valid status codes such as Declined (card over limit, expired card, invalid routing number), Invalid Card, CVV2 Failed.