Common use of Third Party Vendors Clause in Contracts

Third Party Vendors. Except as provided below, to the extent that any Welfare Plan is administered by a third-party vendor, the Parties shall cooperate and use their commercially reasonable efforts to replicate any contract with such third-party vendor for UTC, Carrier or Xxxx, as applicable, and to maintain any pricing discounts or other preferential terms for UTC, Carrier and Otis, collectively, for a reasonable term. None of the Parties shall be liable for failure to obtain such pricing discounts or other preferential terms for any other Party. Each Party shall be responsible for any additional premiums, charges or administrative fees that such Party may incur pursuant to this Section 8.11. ARTICLE IX

Appears in 4 contracts

Samples: Employee Matters Agreement (Carrier Global Corp), Employee Matters Agreement (Otis Worldwide Corp), Employee Matters Agreement (Otis Worldwide Corp)

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Third Party Vendors. Except as provided below, to the extent that any Xxxxxxx Controls Welfare Plan is administered by a third-party vendor, the Parties shall cooperate and use their commercially reasonable efforts to replicate any contract with such third-party vendor for UTC, Carrier or Xxxx, as applicable, Adient and to maintain any pricing discounts or other preferential terms for UTC, Carrier both Xxxxxxx Controls and Otis, collectively, Adient for a reasonable term. None of the Parties Neither Party shall be liable for failure to obtain such pricing discounts or other preferential terms for any the other Party. Each Party shall be responsible for any additional premiums, charges charges, or administrative fees that such Party may incur pursuant to this Section 8.11. ARTICLE IX6.08.

Appears in 3 contracts

Samples: Employee Matters Agreement (Adient LTD), Employee Matters Agreement (Johnson Controls International PLC), Employee Matters Agreement (Adient LTD)

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Third Party Vendors. Except as provided below, to the extent that any Welfare Plan is administered by a third-party vendor, the Parties shall cooperate and use their commercially reasonable efforts to replicate any contract with such third-party vendor for UTC, Carrier or Xxxx, as applicable, and to maintain any pricing discounts or other preferential terms for UTC, Carrier and Otis, collectively, for a reasonable term. None of the Parties shall be liable for failure to obtain such pricing discounts or other preferential terms for any other Party. Each Party shall be responsible for any additional premiums, charges or administrative fees that such Party may incur pursuant to this Section 8.11. ARTICLE IX.

Appears in 3 contracts

Samples: Employee Matters Agreement (Raytheon Technologies Corp), Employee Matters Agreement (Carrier Global Corp), Employee Matters Agreement (Otis Worldwide Corp)

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