Common use of Service Shortfall Clause in Contracts

Service Shortfall. If FNF provides the Manager with written notice (“Shortfall Notice”) of the occurrence of any Significant Service Shortfall (as defined herein), as determined by FNF in good faith, the Manager shall rectify such Significant Service Shortfall as soon as reasonably possible. For purposes hereof, a “Significant Service Shortfall” is deemed to have occurred if the timing or quality of performance of services provided by the Manager hereunder falls below the standard required by Sections 2.1 and 2.2; provided that the Manager’s obligations under this Agreement shall be relieved to the extent, and for the duration of, any force majeure event as set forth in Section 2.3(b).

Appears in 3 contracts

Sources: Property Management Agreement (Lender Processing Services, Inc.), Property Management Agreement (Lender Processing Services, Inc.), Property Management Agreement (Lender Processing Services, Inc.)

Service Shortfall. If FNF provides the Manager with written notice ("Shortfall Notice") of the occurrence of any Significant Service Shortfall (as defined herein), as determined by FNF in good faith, the Manager shall rectify such Significant Service Shortfall as soon as reasonably possible. For purposes hereof, a "Significant Service Shortfall" is deemed to have occurred if the timing or quality of performance of services provided by the Manager hereunder falls below the standard required by Sections 2.1 and 2.2; provided that the Manager’s 's obligations under this Agreement shall be relieved to the extent, and for the duration of, any force majeure event as set forth in Section 2.3(b).

Appears in 1 contract

Sources: Property Management Agreement (Fidelity National Title Group, Inc.)