Common use of TERM; SERVICES Clause in Contracts

TERM; SERVICES. In the event that this Engagement Schedule II expires or is terminated (other than due to the material breach by General American), LIS agrees that, in order to assist in providing transitional service to General American, LIS shall offer reasonable assistance to General American in converting the records of General American from the LIS system to whatever service or system is selected by General American (provided, however, that LIS may establish General American/LIS Engagement Schedule_v11002 such compensation procedures as it may reasonably require [including the payment of any then existing indebtedness of General American to it] to ensure it is paid, for all such assistance, at its then current standard rates and fees).

TERM; SERVICES. In the event that this Engagement Schedule II expires or is terminated (other than due to the material breach by General American), LIS agrees that, in order to assist in providing transitional service to General American, LIS shall offer reasonable assistance to General American in converting the records of General American from the LIS system to whatever service or system is selected by General American (provided, however, that LIS may establish General American/LIS Engagement Schedule_v11002 such compensation procedures as it may reasonably require [including the payment of any then existing indebtedness of General American to it] to ensure it is paid, for all such assistance, at its then current standard rates and fees).