Common use of IT Platform Clause in Contracts

IT Platform. Houston shall use its commercially reasonable efforts to deliver to Seattle, by the Distribution Date, standalone information technology systems (including information technology applications and infrastructure assets) that (in combination with Services (as defined in the Transition Services Agreement) provided to Seattle under the Transition Services Agreement) in and of themselves will not prevent Seattle from complying in all material respects with IFRS (as defined in the Merger Agreement). If Houston shall not have delivered such standalone information technology systems to Seattle by the Distribution Date, Houston and Seattle shall discuss in good faith which Party will be responsible for the completion and costs of such standalone information technology systems after the Distribution Date.

Appears in 2 contracts

Sources: Separation and Distribution Agreement, Separation and Distribution Agreement (Hewlett Packard Enterprise Co)