ARL Services definition
Examples of ARL Services in a sentence
Pledge and Security Agreement entered into by and among Globe Specialty Metals, Inc., Globe Metallurgical Inc., Alden Resources LLC, ARL Resources LLC, ARL Services LLC, Core Metals Group Holdings LLC, Core Metals Group LLC, Metalurgical Process Materials, LLC, Tennessee Alloys Company, LLC, Alabama Sand and Gravel, Inc., GSM Sales, Inc.
Pledge and Security Agreement entered into by and among Globe Specialty Metals, Inc., Globe Metallurgical Inc., Alden Resources LLC, ARL Resources, LLC, ARL Services, LLC, Core Metals Group Holdings LLC, Core Metals Group LLC, Metallurgical Process Materials, LLC, Tennessee Alloys Company, LLC, Alabama Sand and Gravel, Inc., GSM Sales, Inc.
Notwithstanding Sections 2(a) and 2(b) hereof, and subject to Section 2(c) hereof, to the extent any ARI Services or ARL Services may be provided on a residual basis after the Effective Date in order to achieve the orderly transition of services, each of ARI and ARL hereby agrees to cooperate in good faith to effect the separation of the parties’ businesses contemplated hereby.
ARL will invoice ARI monthly in advance for all ARL Services performed hereunder, and each such invoice shall be accompanied by a summary, in reasonable detail, of ARL’s calculation of the Fees for such ARL Services, which calculation shall be binding upon ARI absent manifest error.
ARL or any successor thereto shall be acting hereunder solely in its capacity as provider of the ARL Services.
The parties acknowledge and agree that the Term of and payment for all of the ARL Services being provided by ARL to ARI pursuant to the Transitional Services Agreement, other than the Rent and Building Services, shall be terminated effective as of the Effective Date.
The Term of each of the ARL Services and the ARI Services shall commence as of the date hereof and shall continue until December 31, 2007 unless terminated on an earlier date by ARL or ARI in accordance with the terms and conditions set forth herein.
ARI hereby engages ARL to provide the ARL Services to and on behalf of ARI on the terms and conditions set forth herein, and ARL hereby accepts such engagement.
ARI shall furnish to ARL all such information as may be reasonably necessary to enable ARL to provide the ARL Services.
For each of the ARL Services provided under this Agreement by ARL, ARI will pay ARL the fees set forth on Schedule A, and for each of the ARI Services provided under this Agreement by ARI, ARL will pay ARI the fees set forth on Schedule B (collectively, the “Fees”).