Provision of Services by Third Parties. The Administrator shall, to the extent it determines that it would be advisable in connection with or incidental to the activities contemplated hereby, arrange for and coordinate the services of other professionals, experts and consultants to provide any or all of the Services, in which case, the costs and expenses of such third parties for providing such services shall be borne by the Administrator other than as set forth in Section 3; it being understood that the Administrator shall not charge to the Issuer any fees in addition thereto with respect to such outsourced Painting-Level Services that are described in Section 1(a)(i) and Entity-Level Services described in Section 1(a)(ii), but the Administrator shall be entitled to reimbursement for third party costs incurred in connection with Non-Routine Services described in Section 1(a)(iii) as set forth in Section 3(b). Reimbursement for Non-Routine Services shall be reimbursed by the Issuer out of the proceeds from a sale of the Painting. In addition, Masterworks may determine to sell the Painting without engaging a third-party intermediary, in which event, the Administrator would charge the buyer of the Painting a reasonable fee not to exceed the lowest published buyer’s premium charged by Sotheby’s, Christie’s or Pxxxxxxx in effect at such time.
Provision of Services by Third Parties. The Administrator shall, to the extent it determines that it would be advisable in connection with or incidental to the activities contemplated hereby, arrange for and coordinate the services of other professionals, experts and consultants to provide any or all of the Services, in which case, the costs and expenses of such third parties for providing such services shall be borne by the Administrator other than as set forth in Section 3; it being understood that the Administrator shall not charge to the Issuer any fees in addition thereto with respect to such outsourced Painting-Level Services that are described in Section 1(a)(i) and Entity-Level Services described in Section 1(a)(ii), but the Administrator shall be entitled to reimbursement for third party costs incurred in connection with Non-Routine Services described in Section 1(a)(iii) as set forth in Section 3(b). Reimbursement for Non-Routine Services shall be reimbursed by the Issuer out of the proceeds from a sale of the Painting.
Provision of Services by Third Parties. The Administrator shall, to the extent it determines that it would be advisable in connection with or incidental to the activities contemplated hereby, arrange for and coordinate the services of other professionals, experts and consultants to provide any or all of the Services, in which case, the costs and expenses of such third parties for providing such services shall be borne by the Administrator other than as set forth in Section 3; it being understood that the Administrator shall not charge to the Issuer any fees in addition thereto with respect to such outsourced Services that are described in Section 1(a)(i) and Section 1(a)(ii), but the Administrator shall be entitled to reimbursement for third party costs incurred in connection with Services described in Section 1(a)(iii) as set forth in Section 3(b).
Provision of Services by Third Parties. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may arrange for and coordinate the services of other professionals, experts and consultants to provide any or all of the Services, in which case, the costs and expenses of such third parties for providing such services shall be borne by the Asset Manager other than as set forth in Section 5(b).
Provision of Services by Third Parties. 11.1 Xerox is entitled to have services performed by third parties (subcontractors or auxiliary persons). It is responsible for the selection, instruction and supervision of the subcontractors.
Provision of Services by Third Parties. Servicer may retain and/or continue to use third parties to provide Transition Services hereunder; provided, however, that Servicer shall remain liable for the performance of all such obligations in the manner prescribed in this Agreement (as if performed directly by Servicer).
Provision of Services by Third Parties. (1) We may use other members of our Group or third parties in undertaking work on our behalf with respect to Services we provide in relation to this Agreement, including execution of marketing campaigns, gathering and processing of Client information, specialized software and IT services or other Client support services. Such Service Providers may be located within or outside the European Union and where we choose to co-operate with them, we shall do so in accordance with the Applicable Laws and Regulations.
Provision of Services by Third Parties. To the extent that Service Provider used a third party to provide any Services immediately prior to the date of this Agreement, subject to the service level requirements set forth in Section 2.3, Service Provider shall continue to have the right to provide such Services by way of third parties during the Term of such Service. To the extent that Service Provider provided a Service (other than any Omitted Service, which are the subject of Section 2.11.5) directly (rather than by way of a third party) immediately prior to the date of this Agreement, Service Provider will continue to provide such Service directly (and not by way of a third party) unless and until such time that Service Provider reasonably determines in good faith that (i) it would be commercially impracticable for Service Provider to continue to provide such Service directly, or (ii) it is unable to do so for reasons outside of Service Provider’s control despite its commercially reasonable efforts to continue to provide such Service directly. As promptly as practicable following any such determination, Service Provider shall provide written notice to Service Recipient notifying Service Recipient of such determination, which notice shall include a reasonably detailed description of the facts and circumstances surrounding such determination as well as the identity of the third party that Service Provider proposes to engage to provide such Service to Service Recipient and an estimate of the cost for such third party to provide such Service (a “Third Party Determination Notice”). If the cost to provide such Service to Service Recipient by way of such third party does not exceed 110% of the cost for Service Provider to do so directly (as indicated in the Third Party Determination Notice), then, subject to the service level requirements set forth in Section 2.3, Service Provider shall have the right to engage such third party to provide such Service, and Service Recipient will reimburse Service Provider for the cost of such third party to provide such Service less the portion of the Service Fee attributable to the Service that Service Provider is no longer providing directly. If the cost to provide such Service to Service Recipient by way of such third party exceeds 110% of the cost for Service Provider to do so directly (as indicated in the Third Party Determination Notice), and within ten (10) days following receipt of such Third Party Determination Notice by Service Recipient, Service Recipient d...
Provision of Services by Third Parties. To the extent that Service Provider used a third party to provide any Services immediately prior to the date of this Agreement, subject to the service level requirements set forth in Section 2.3, Service Provider shall continue to have the right to provide such Services by way of third parties during the Term of such Service. To the extent that Service Provider provided a Service (other than any Omitted Service, which are the subject of Section 2.11.5) directly (rather than by way of a third party) immediately prior to the date of this Agreement, Service Provider will continue to provide such Service directly (and not by way of a third party) unless and until such time that Service Provider reasonably determines in
Provision of Services by Third Parties. The Managing Member shall, to the extent it determines that it would be advisable in connection with or incidental to the activities contemplated hereby, arrange for and coordinate the services of other professionals, experts and consultants to provide any or all of the Services, in which case, the costs and expenses of such third parties for providing such services shall be borne by the Company, and the Managing Member shall be entitled to reimbursement for third party costs incurred in connection with Services described in herein.
