RFP Process Sample Clauses

RFP Process. (a) After execution of this Amending Agreement, the Parties will work together to commence a request-for-proposal process (the “RFP Process”) for the purpose of identifying, on or before the RFP Deadline, a Person (such Person, a “New Issuer”) who would, on or before the RFP Deadline, (i) enter into a new program agreement with Sears for the issuance of Sears proprietary cards and co-branded general purpose credit cards or any other marketing arrangement (any such agreement, a “New Program Agreement”), and (ii) enter into a purchase agreement for the purchase of the Sears Repurchase Assets from JPMC. The RFP Process will terminate on the RFP Deadline and, if JPMC has not entered into a purchase agreement regarding the purchase and sale of the Sears Repurchase Assets on or before the RFP Deadline or any such purchase agreement (if entered) is terminated, from and after the RFP Deadline, JPMC will have the right to sell the Sears Repurchase Assets as provided in Section 5 of this Amending Agreement. (b) In respect of the RFP Process, the following terms and conditions will apply: (i) each Party will negotiate in good faith with the New Issuer designated by Sears, provided, for the avoidance of doubt, that the terms of any New Program Agreement must be acceptable to Sears in its sole and unfettered discretion and the terms of any purchase agreement regarding the purchase and sale of the Sears Repurchase Assets must be acceptable to JPMC in its sole and unfettered discretion; (ii) the RFP Process will be conducted as two parallel processes, with one process (the “Program Agreement Process”) dealing exclusively with the RFP Process for the New Program Agreement, and the other process (the “Portfolio Sale Process”) dealing exclusively with the RFP Process for the purchase agreement regarding the purchase and sale of the Sears Repurchase Assets; (iii) Sears will have sole approval rights in respect of the form and content of any documents, materials or communications used in respect of the Program Agreement Process and JPMC will have sole approval rights in respect of the form and content of any documents, materials or communications used in respect of the Portfolio Sale Process; (iv) until the RFP Deadline, each Party will update the other Party on a weekly basis as to the identity of any potential party to a New Program Agreement or any potential purchaser of the Sears Repurchase Assets that such Party is in discussions with in the Program Agreement Process or ...

RFP Process. Following approval by the DPU of the aggregation plan and completion of other approvals required by statute, the DPU or the DOER, the Hampshire Council shall set a date and time for the receipt of prices and the length of any agreements from Providers. After approval of the price and term of the agreement by the Hampshire Council, the Hampshire Council shall take all measures necessary to effectuate the transfer of customer data from the local distributor to the new Provider.

RFP Process. Each spring the members will evaluate and update the RFP to define the market basket and NOI items to be included. Proposals to add new items will be discussed among the members and if the majority of voting members agree, those items will be added to the new RFP. The RFP will state the terms and conditions for deliveries and the ordering procedures.

RFP Process