Transition of Clients Clause Samples

The Transition of Clients clause outlines the procedures and responsibilities involved when clients are transferred from one service provider to another. Typically, this clause specifies the steps for notifying clients, transferring relevant records or data, and ensuring continuity of service during the transition period. Its core practical function is to facilitate a smooth and orderly handover, minimizing disruption for clients and clarifying the obligations of both outgoing and incoming parties.
POPULAR SAMPLE Copied 1 times
Transition of Clients. Beginning on the Closing Date, Seller shall take such actions as are reasonably required to transition the relationships of customer and clients of the Target Business and the relationships of any potential customer and clients of the Target Business to Purchaser.
View SourceView Similar (2)
Transition of Clients. (a) To the extent that Stockholder receives payment of any accounts receivable of the Acquired Company after the Closing, or payment for services performed after the Closing, Stockholder shall, immediately, remit such payments to the Acquired Company. Stockholder shall inform the payor of the transactions contemplated by this Agreement and provide payor the correct address to which it should make further payments.
View Source
Transition of Clients. Each of Seller and Seller's Parent shall use its best efforts to insure the orderly transfer from Seller to Buyer of all of the customers (including Subscribers) of Seller.
View Source
Transition of Clients. (1) The Service Provider shall, in accordance with the instructions of the CCAC, cooperate with the CCAC and Other CCAC Providers to, (a) transition Clients to Other CCAC Providers; and (b) provide relevant Client information to the CCAC and Other CCAC Providers, during the periods at the beginning and end of the Agreement Term and during any urgent situation, as determined and instructed by the CCAC. (2) The Client information provided pursuant to GC Section 3.7(1) shall include the Client history, progress to date and current status. (3) If the Service Provider fails to cooperate with the CCAC pursuant to GC Section 3.7(1) or otherwise fails to implement the transition instructions of the CCAC in a manner that is satisfactory to the CCAC, the CCAC may, in its sole discretion and in addition to any other rights or remedies it may have, (a) postpone the Starting Date; or (b) withhold payment of the Service Provider pursuant to GC Section 11.2.
View Source

Related to Transition of Clients

  • Nonsolicitation of Clients The Executive hereby agrees that during the Noncompete Restricted Period, the Executive shall not, in any manner, directly or indirectly, (a) Solicit a Client to transact business with a Competitive Enterprise or to reduce or refrain from doing any business with the Firm, to the extent the Executive is soliciting a Client to provide them with services that would be considered a Competing Activity if such services were provided by the Executive, or (b) interfere with or damage (or attempt to interfere with or damage) any relationship between the Firm and a Client. For purposes of this Agreement, the term “Solicit” means any direct or indirect communication of any kind whatsoever, regardless of by whom initiated, inviting, advising, persuading, encouraging or requesting any person or entity, in any manner, to take or refrain from taking any action, and the term “Client” means any client or prospective client of the Firm, whether or not the Firm has been engaged by such Client pursuant to a written agreement; provided that an entity which is not a client of the Firm shall be considered a “prospective client” for purposes of this sentence only if the Firm made a presentation or written proposal to such entity during the 12-month period preceding the Date of Termination or was preparing to make such a presentation or proposal at the time of the Date of Termination.

  • Non-Solicitation of Clients During the Restricted Period, the Executive agrees not to solicit, directly or indirectly, on his own behalf or on behalf of any other person(s), any client of the Company to whom the Company had provided services at any time during the Executive’s employment with the Company in any line of business that the Company conducts as of the date of the Executive’s termination of employment or that the Company is actively soliciting, for the purpose of marketing or providing any service competitive with any service then offered by the Company.

  • Non-Solicitation of Customers and Employees The Executive agrees that during the Term and for a period of two (2) years following the Termination of the Executive’s Employment, the Executive shall not, directly or indirectly, individually or jointly, (i) solicit in any manner, seek to obtain or service, or accept the business of any Customer for any product or service of the type offered by the Employer or competitive with the Company’s Business, (ii) solicit in any manner, seek to obtain or service, or accept the business of any Prospective Customer for any product or service of the type offered by the Employer or otherwise competitive with the Company’s Business, (iii) request or advise any Customer, Prospective Customer, or supplier of the Employer to terminate, reduce, limit, or change its business or relationship with the Employer, or (iv) induce, request, or attempt to influence any employee of the Employer to terminate his/her employment with the Employer.

  • Access to Personal Information by Subcontractors Supplier agrees to require any subcontractors or agents to which it discloses Personal Information under this Agreement or under any SOW to provide reasonable assurance, evidenced by written contract, that they will comply with the same or substantially similar confidentiality, privacy and security obligations with respect to such Personal Information as apply to Supplier under this Agreement or any SOW. Supplier shall confirm in writing to DXC that such contract is in place as a condition to DXC’s approval of use of a subcontractor in connection with any SOW. Upon request of DXC, Supplier will provide to DXC a copy of the subcontract or an extract of the relevant clauses. Supplier shall ensure that any failure on the part of any subcontractor or agent to comply with the Supplier obligations under this Agreement or any SOW shall be grounds to promptly terminate such subcontractor or agent. If during the term of this Agreement or any SOW, DXC determines, in its exclusive discretion, that any Supplier subcontractor or agent cannot comply with the Supplier obligations under this Agreement or with any SOW, then DXC may terminate this Agreement in whole or in part (with respect to any SOW for which such subcontractor or agent is providing services), if not cured by Supplier within the time prescribed in the notice of such deficiency.

  • Company and Master Servicer Not to Resign Subject to the provisions of Section 6.02, neither the Company nor the Master Servicer shall resign from its respective obligations and duties hereby imposed on it except upon determination that its duties hereunder are no longer permissible under applicable law. Any such determination permitting the resignation of the Company or the Master Servicer shall be evidenced by an Opinion of Counsel to such effect delivered to the Trustee. No such resignation by the Master Servicer shall become effective until the Trustee or a successor servicer shall have assumed the Master Servicer's responsibilities and obligations in accordance with Section 7.02.