Common use of Services Defined Clause in Contracts

Services Defined. Each party agrees to make its employees, subject to availability, perform, the services indicated below (the “Services”). It is expressly agreed and understood that for purposes of this Agreement, the Services undertaken by each party shall be in the capacity of an independent contractor and that any services performed pursuant to this Agreement may be accepted or rejected by either party at its sole discretion. A non-exclusive list of services which might be provided shall include: (a) Technical and administrative support of the acquisition, leasing, maintenance, development, and divestiture of assets or properties; (b) Professional engineering and geological services (including, surveying, mapping, estimates and royalty calculations) of real property; (c) Financial or accounting services; (d) Administrative, IT, legal, clerical, janitorial, security and warehouse management services; and (e) Any other services that SpinCo may reasonably request from time to time which are (i) consistent with the provisions of this Agreement, (ii) generally performed by similar businesses, and (iii) consistent with good business practices.

Appears in 3 contracts

Sources: Mutual Services and Transition Agreement (Electrified Materials Corp / In), Mutual Services and Transition Agreement (Electrified Materials Corp / In), Mutual Services and Transition Agreement (Electrified Materials Corp / In)

Services Defined. Each party agrees to make its employees, subject to availability, perform, the services indicated below (the "Services"). It is expressly agreed and understood that for purposes of this Agreement, the Services undertaken by each party shall be in the capacity of an independent contractor and that any services performed pursuant to this Agreement may be accepted or rejected by either party at its sole discretion. A non-exclusive list of services which might be provided shall include: (a) Technical and administrative support of the acquisition, leasing, maintenance, development, and divestiture of assets or properties; (b) Professional engineering and geological services (including, surveying, mapping, estimates and royalty calculations) of real property; (c) Financial or accounting services; (d) Administrative, IT, legal, clerical, janitorial, security and warehouse management services; and (e) Any other services that SpinCo may reasonably request from time to time which are (i) consistent with the provisions of this Agreement, (ii) generally performed by similar businesses, and (iii) consistent with good business practices.

Appears in 2 contracts

Sources: Mutual Services and Transition Agreement (American Carbon Corp), Mutual Services and Transition Agreement (ReElement Technologies LLC)

Services Defined. Each party agrees to make its employees, subject to availability, perform, the services indicated below (the "Services"). It is expressly agreed and understood that for purposes of this Agreement, the Services undertaken by each party shall be in the capacity of an independent contractor and that any services performed pursuant to this Agreement may be accepted or rejected by either party at its sole discretion. A non-exclusive list of services which might be provided shall include: (a) Technical and administrative support of the acquisition, leasing, maintenance, development, and divestiture of coal assets or properties; (b) Professional engineering and geological services (including, surveying, mapping, estimates and royalty calculations) of real property; (c) Financial Financial, investment banking or related accounting services; (d) Administrative, IT, legal, clerical, janitorial, security and warehouse management services; and (e) Any other services that SpinCo either Party may reasonably request from time to time which are (i) consistent with the provisions of this Agreement, (ii) generally performed by similar businesses, and (iii) consistent with good business practices.

Appears in 1 contract

Sources: Mutual Services Agreement (Ramaco Resources, Inc.)