New Eligible Recipients Clause Samples
The "New Eligible Recipients" clause defines the conditions under which additional parties may be designated to receive benefits, rights, or services under an agreement. Typically, this clause outlines the criteria that must be met for a new recipient to qualify, such as meeting certain eligibility standards or obtaining prior approval from the original parties. For example, it may allow a company to add new employees or affiliates as beneficiaries of a group insurance policy. The core function of this clause is to provide flexibility in extending the agreement’s benefits to new parties while maintaining control over who qualifies, thereby ensuring the agreement remains relevant as circumstances change.
New Eligible Recipients. From time to time Kraft may request that Supplier provide Services to Eligible Recipients not previously receiving such Services. Except as provided in Section 11.5 or otherwise agreed by the Parties, such Services shall be performed in accordance with the terms, conditions and prices (excluding any non-recurring transition or start-up activities specific to such Eligible Recipients) then applicable to the provisions of the same Services to existing Eligible Recipients.
New Eligible Recipients. From time to time Hercules may request that Supplier provide Services to Eligible Recipients not previously receiving such Services. Except as provided in Section 4.4 or otherwise agreed by the Parties, such Services shall be performed in accordance with the terms, conditions and prices (excluding any non-recurring transition or start-up activities specific to such Eligible Recipients) then applicable to the provisions of the same Services to existing Eligible Recipients. THIS EXHIBIT HAS BEEN REDACTED AND IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST. REDACTED MATERIAL IS MARKED WITH [******] AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
New Eligible Recipients. For Eligible Recipients who have not received services pursuant to an Affiliate Schedule for more than [**] months as of the Supplement Effective Date, the following shall apply; (i) no incentive fees will be invoiced until targets are established; and (ii) if targets are not established for such Eligible Recipients within [**], then the performance for the initial [**] thereafter for which targets have not been established shall be set to [**]% of the scorecard target. After targets are established, the parties will true-up the actual performance against such targets for all quarters going back to the Supplement Effective Date.
New Eligible Recipients. From time to time Allianz may request that Supplier provide Services to Eligible Recipients not previously receiving such Services. Except as provided in Section 4.4 or otherwise agreed by the Parties, such Services shall be performed in accordance with the terms, conditions and prices (excluding any non-recurring transition or start-up activities specific to such Eligible Recipients) then applicable to the provisions of the same Services to existing Eligible Recipients.
New Eligible Recipients. For Eligible Recipients who have not received services pursuant to an Affiliate Schedule for more than [**] months as of the Supplement Effective Date, the parties will establish targets that are reflective of the improvements implied by the Cash Collection Factor (e.g., [**]).
New Eligible Recipients. For Eligible Recipients that have not received services pursuant to an Affiliate Schedule, the Historical Cash Collections will be equal to the in-scope Cash Collections for the period during which the applicable Historical Base Fee was determined.
New Eligible Recipients. For Eligible Recipients that have not received services pursuant to an Affiliate Schedule, the “Historical Base Fee” will be determined pursuant to Sections 8 and 9 of this Exhibit.
New Eligible Recipients. From time to time ABM may request, pursuant to the Change Control Process, that Supplier provide Services to Eligible Recipients not previously receiving such Services. Except as provided in Section 11.5 or otherwise agreed by the Parties, such Services shall be performed in accordance with the terms, conditions and prices (excluding any non-recurring transition or start-up activities specific to such Eligible Recipients for which Supplier is not otherwise financially responsible under this Agreement) then applicable to the provisions of the same Services to existing Eligible Recipients.