Common use of Extension of Services Clause in Contracts

Extension of Services. The parties agree that Provider shall not be obligated to perform any Service after the applicable End Date; provided, however, that if Recipient desires and Provider agrees to continue to perform any of the Services after the applicable End Date, the parties shall negotiate in good faith to determine a market price that compensates Provider for its performance of such Services, including reimbursement of all Out-of-Pocket Costs and an ongoing procedure for such reimbursement. Except as amended through the mutually agreed upon extension, the Services so performed by Provider after the applicable End Date shall continue to constitute Services under this Agreement and be subject in all respects to the provisions of this Agreement for the duration of the agreed-upon extension period.

Appears in 4 contracts

Samples: Transition Services Agreement (Smith & Wesson Brands, Inc.), Transition Services Agreement (American Outdoor Brands, Inc.), Transition Services Agreement (American Outdoor Brands, Inc.)

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Extension of Services. The parties agree that Provider shall not be obligated to perform any Service after the applicable End Date; provided, however, that if the Recipient desires and Provider agrees to continue to perform any of the Services after the applicable End Date, the parties shall negotiate in good faith to determine a market price an amount that compensates Provider for all of its performance of such Services, including reimbursement of all Out-of-Pocket Costs and an ongoing procedure costs for such reimbursementperformance. Except as amended through the mutually agreed upon extension, the The Services so performed by Provider after the applicable End Date shall continue to constitute Services under this Agreement and be subject in all respects to the provisions of this Agreement for the duration of the agreed-upon extension period.

Appears in 3 contracts

Samples: Transition Services Agreement, Transition Services Agreement (Oragenics Inc), Transition Services Agreement

Extension of Services. The parties agree that the Provider shall not be obligated to perform any Service after the applicable End Date; provided, however, that if the Recipient desires and the Provider agrees to continue to perform any of the Services after the applicable End Date, the parties shall negotiate in good faith to determine a market price an amount that compensates the Provider for all of its performance of such Services, including reimbursement of all Out-of-Pocket Costs costs and an ongoing procedure expenses for such reimbursementperformance. Except as amended through the mutually agreed upon extension, the The Services so performed by the Provider after the applicable End Date shall continue to constitute Services under this Agreement and be subject in all respects to the provisions of this Agreement for the duration of the agreed-upon extension period.

Appears in 2 contracts

Samples: Equity Purchase Agreement (Infrastructure & Energy Alternatives, Inc.), Equity Purchase Agreement (Infrastructure & Energy Alternatives, Inc.)

Extension of Services. The parties agree that Service Provider shall not be obligated to perform any Service after the applicable End Date; provided, however, that if Recipient Buyer desires and Service Provider agrees to continue to perform any of the Services after the applicable End Date, the parties shall negotiate in good faith to determine a market price that compensates Provider for its performance an amount of such Services, including reimbursement of all Out-of-Pocket Costs Services and an ongoing procedure for such reimbursementappropriate compensation therefore. Except as amended through the mutually agreed upon extension, the The Services so performed by Service Provider after the applicable End Date shall continue to constitute Services under this Agreement and be subject in all respects to the provisions of this Agreement for the duration of the agreed-upon extension period.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cloudastructure, Inc.)

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Extension of Services. The parties Parties agree that Provider the Providing Parties shall not be obligated to perform any Service after the applicable end date (the β€œEnd Date”) specified for that Service in the applicable Service Schedule; provided, however, that if Recipient desires the Receiving Parties desire and Provider agrees the Providing Parties agree to continue to perform any of the Services after the applicable End Date, the parties Parties shall negotiate in good faith to determine a market price an amount that compensates Provider the Providing Parties for its performance on-going provision of such Services, including reimbursement of all Out-of-Pocket Costs and an ongoing procedure for such reimbursement. Except as amended through the mutually agreed upon extension, the The Services so performed by Provider the Providing Parties after the applicable End Date shall continue to constitute Services under this Agreement and be subject in all respects to the provisions of this Agreement for the duration of the agreed-upon extension period.

Appears in 1 contract

Samples: Transition Services Agreement (Fusion Connect, Inc.)

Extension of Services. The parties agree that Provider shall not be obligated to perform any Service after the applicable End Date; provided, however, that if Recipient Buyer desires and Provider agrees to continue to perform any of the Services after the applicable End Date, the parties shall negotiate in good faith to determine a market price an amount that reasonably compensates Provider for its performance of such Services, including reimbursement of all Out-of-Pocket Costs and an ongoing procedure for such reimbursementProvider. Except as amended through the mutually agreed upon extension, the The Services so performed by Provider after the applicable End Date shall continue to constitute Services under this Agreement and be subject in all respects to the provisions of this Agreement for the duration of the agreed-agreed- upon extension period.

Appears in 1 contract

Samples: Asset Purchase Agreement (American Media Inc)

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