Common use of General; Duration Clause in Contracts

General; Duration. Each Service to be provided by Merck under this Agreement shall (i) commence to be provided from and after the Effective Date, unless a different commencement date is specified in the applicable section of the Transition Services Schedule, and (ii) terminate (a) on the end date specified with respect to such Service in the applicable section of the Transition Services Schedule or the end date of any extension of such specified end date agreed to by the Parties in accordance with Section 4.2.2, or (b) on the date such Service is terminated in accordance with Section 4.3.1 or on the date such Service is terminated by the Transition Managers in accordance with Section 4.3.3, (such end date, the “Service Termination Date”). The commencement date of any Service (and the corresponding Service Fee for such) that is tied to the Exit Date for an IOM Market or Deferred Market will be adjusted accordingly if such applicable Exit Date is changed.

Appears in 2 contracts

Sources: Transition Services Agreement (Organon & Co.), Transition Services Agreement (Organon & Co.)