Common use of Service Changes Clause in Contracts

Service Changes. The Service Provider will be obliged to perform only those Services set forth in the Services Schedule. The Service Provider will not be obliged to change the Services or accede to an amendment by Client of the NAV Error Correction Procedures, which amendment has a materially negative impact to the Service Provider with respect to costs required to effect the requested change or the risks borne by the Service Provider, unless it has agreed to do so in writing. The Service Provider will reasonably accommodate requests to change the Services or the NAV Error Correction Procedures that the Service Provider determines in good faith to be non-material taking into account the effort and costs required to effect the requested change and the risks borne by the Service Provider with respect to such change or amendment; the Client recognizes that isolated requests for changes or adjustments, when combined with other such requests, may in the aggregate have a material effect. Any change to the Services or the NAV Error Correction Procedures agreed by the Service Provider (a “Service Change”) will be set forth in an amendment to the Services Schedule or the NAV Error Correction Procedures (as applicable) signed by both Parties; each such amendment will specify (i) the timeline and dependencies, and the parties’ respective obligations, for implementing the Service Change (if applicable) and (ii) any implementation or additional ongoing fees and expenses that may be required to effect such Service Change. The foregoing process is the “Change Control Process.”

Service Changes. The Service Provider will be obliged to perform only those Services set forth in the Services Schedule. The Service Provider will not be obliged to change the Services or accede to an amendment by Client of the NAV Error Correction Procedures, which amendment has a materially negative impact to the Service Provider with respect to costs required to effect the requested change or the risks borne by the Service Provider, unless it has agreed to do so in writing. The Service Provider will reasonably accommodate requests to change the Services or the NAV Error Correction Procedures that the Service Provider determines in good faith to be non-material taking into account the effort and costs required to effect the requested change and the risks borne by the Service Provider with respect to such change or amendment; the Client recognizes that isolated requests for changes or adjustments, when combined with other such requests, may in the aggregate have a material effect. Any change to the Services or the NAV Error Correction Procedures agreed by the Service Provider (a “Service Change”) will be set forth in an amendment to the Services Schedule or the NAV Error Correction Procedures (as applicable) signed by both Parties; each such amendment will specify (i) the timeline and dependencies, and the parties’ respective obligations, for implementing the Service Change (if applicable) and (ii) any implementation or additional ongoing fees and expenses that may be required to effect such Service Change. The foregoing process is the “Change Control ProcessProcess .”