Common use of Transitional Billing Services Clause in Contracts

Transitional Billing Services. Seller will provide to Buyer, upon request, access to and the right to use its billing system computers, software and related fixed assets in connection with the Systems for a period of up to six months following the Closing to allow for conversion of existing billing arrangements, including billing and related arrangements regarding internet access services being provided to customers of a System on the Closing Date ("Transitional Billing Services"). Buyer will notify Seller at least 30 days prior to the Closing as to whether it desires Transitional Billing Services from Seller. All Transitional Billing Services, if any, that are requested by Buyer will be provided on terms and conditions reasonably satisfactory to each party; provided, however, that the amount to be paid by Buyer for such Transitional Billing Services will not exceed the out-of-pocket cost to Seller of providing such Transitional Billing Services. Seller will notify Buyer of the cost to Seller of providing such Transitional Billing Services within 10 Business Days after receiving Buyer's notice requesting the provision of such Transitional Billing Services.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Charter Communications Inc /Mo/), Asset Purchase Agreement (Charter Communications Inc /Mo/), Reorganization Agreement (Charter Communications Inc /Mo/)

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Transitional Billing Services. Seller will provide to Buyer, upon request, access to and the right to use its billing system computers, software and related fixed assets in connection with the Systems for a period of up to six months following the Closing to allow for conversion of existing billing 42 49 arrangements, including billing and related arrangements regarding internet access services being provided to customers of a System on the Closing Date ("Transitional Billing Services"). Buyer will notify Seller at least 30 days prior to the Closing as to whether it desires Transitional Billing Services from Seller. All Transitional Billing Services, if any, that are requested by Buyer will be provided on terms and conditions reasonably satisfactory to each party; provided, however, that the amount to be paid by Buyer for such Transitional Billing Services will not exceed the out-of-pocket cost to Seller of providing such Transitional Billing Services. Seller will notify Buyer of the cost to Seller of providing such Transitional Billing Services within 10 Business Days after receiving Buyer's notice requesting the provision of such Transitional Billing Services.

Appears in 1 contract

Samples: Asset Purchase Agreement (Charter Communications Inc /Mo/)

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