Transitional Service Provider definition
Transitional Service Provider means any Business Employee who shall provide transitional services to Buyer or any of its Affiliates pursuant to the Transition Services Agreement as set forth in Section 7.4(b).
Examples of Transitional Service Provider in a sentence
Further, in the event Provider is required to make any single expenditure in excess of $25,000 (any such item and/or service, a “Material Expenditure Item”) during the Initial Term or any Renewal Term in respect of any Transitional Service, Provider will provide written notice to Recipient of such Material Expenditure Item and the cost associated therewith and within five (5) days after receipt of such notice, Recipient will either consent or reject to the incurrence of such cost by Provider.