Transition of Responsibilities Clause Samples
The Transition of Responsibilities clause defines how duties and obligations are transferred from one party to another, typically at the end or change of a contractual relationship. This clause outlines the specific tasks, documentation, and timelines required for a smooth handover, such as providing access to records, training new personnel, or returning company property. Its core function is to ensure continuity and minimize disruption by clearly delineating the process for transferring responsibilities, thereby reducing the risk of misunderstandings or service gaps.
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Transition of Responsibilities. (a) Each Party agrees to use its good faith efforts to reduce or eliminate its and its Affiliates' dependency on each Service as soon as is reasonably practicable. AXP agrees to cooperate with Ameriprise to facilitate the smooth transition of responsibility for the AXP Services to Ameriprise or any third party. Ameriprise agrees to cooperate with AXP to facilitate the smooth transition of responsibility for the Ameriprise Services to AXP or any third party.
(b) As promptly as practicable, AXP and Ameriprise will agree in good faith to a plan for Ameriprise to assume responsibility or eliminate the need for the provision of each AXP Service (the "Ameriprise Transition Plan"). The Ameriprise Transition Plan will contain a schedule of transition events, including the expected date by which the Ameriprise Transition Plan will be completed, any training that will be needed by Ameriprise and the estimated costs and expenses, if any, to be paid by Ameriprise to AXP with respect to such training and other services that AXP agrees to provide to Ameriprise in order to facilitate the completion of the Ameriprise Transition Plan.
(c) As promptly as practicable, AXP and Ameriprise will agree in good faith to a plan for AXP to assume responsibility or eliminate the need for the provision of each Ameriprise Service (the "AXP Transition Plan"). The AXP Transition Plan will contain a schedule of transition events, including the expected date by which the AXP Transition Plan will be completed, any training that will be needed by AXP and the estimated costs and expenses, if any, to be paid by AXP to Ameriprise with respect to such training and other services that Ameriprise agrees to provide to AXP in order to facilitate the completion of the AXP Transition Plan.
Transition of Responsibilities. You agree to provide good faith participation in the transition of your duties. You agree to prepare a written summary of outstanding projects/issues on which you are currently working by December 31, 2012, for the purpose of transitioning your responsibilities. Further, you agree to provide reasonable assistance to your successor by explaining the methodologies used to perform your duties.
Transition of Responsibilities. (a) Each Party agrees to use its good faith efforts to reduce or eliminate its and the other members of its Group’s dependency on each Service provided by the other Party and members of its Group as soon as is reasonably practicable and, in any event, at the times or upon the occurrence of any events described in the SNI Transition Plan or EWS Transition Plan, as the case may be. Each Party further agrees, for itself and each Service Provider within its Group, to cooperate with the other Party and the Service Recipients within its Group, to facilitate the orderly transition of responsibility for each Service to the Service Recipient or any third party designated by the Service Recipient, including by providing the transition and termination services described in the SNI Transition Plan or EWS Transition Plan, as the case may be.
(b) As promptly as practicable, EWS and SNI will agree in good faith to a plan for SNI to assume responsibility or eliminate the need for the provision of each EWS Service including such matters as shall be set forth in the Schedules (the “SNI Transition Plan”). The SNI Transition Plan will contain a schedule of transition events, including the expected date by which the SNI Transition Plan for each EWS Service will be completed, any training (including the transfer of knowledge and expertise) or other services that will be needed by the SNI Group members (or their third party designees) and the estimated costs and expenses, if any, to be paid by SNI to EWS with respect to such training and other services that EWS agrees to provide to the SNI Group members in order to facilitate the completion of the SNI Transition Plan. The SNI Transition Plan shall incorporate, without duplication of fees or expenses payable by the Service Recipient, all agreements with respect to such matters as shall be set forth in the Schedules.
(c) As promptly as practicable, EWS and SNI will agree in good faith to a plan for EWS to assume responsibility or eliminate the need for the provision of each SNI Service including such matters as shall be set forth in the Schedules (the “EWS Transition Plan”). The EWS Transition Plan will contain a schedule of transition events, including the expected date by which the EWS Transition Plan for each SNI Service will be completed, any training (including the transfer of knowledge and expertise) or other services that will be needed by the EWS Group members (or their third party designees) and the estimated costs and ex...
Transition of Responsibilities. Each Party agrees to use commercially reasonable efforts to reduce or eliminate its and its Subsidiaries’ dependence on each Service as soon as is reasonably practicable. Each Party agrees to cooperate with the other Party to facilitate the smooth transition of the Services being provided to the Service Recipient by the Service Provider.
Transition of Responsibilities. The outgoing statutory partner shall cooperate fully in transitioning responsibilities to the incoming statutory partner. This includes transferring all relevant knowledge, documents, and access to necessary resources to ensure a seamless transition and continuity of Project activities.
Transition of Responsibilities. (a) Unless otherwise agreed with respect to specific services, each Party agrees to use its commercially reasonable efforts to reduce or eliminate its and its Affiliates’ dependency on each Service as soon as is reasonably practicable. Belo agrees to cooperate with Newspaper Holdco to facilitate the smooth transition of responsibility for the Belo Services to Newspaper Holdco or any third party. Newspaper Holdco agrees to cooperate with Belo to facilitate the smooth transition of responsibility for the Newspaper Holdco Services to Belo or any third party.
(b) In furtherance of Section 2.09(a), Belo and Newspaper Holdco will work in good faith to prepare a plan for Newspaper Holdco to assume responsibility or eliminate the need for the provision of any particular Belo Service that is intended to be provided on only a short-term basis (the “Newspaper Holdco Transition Plan”).
(c) In furtherance of Section 2.09(a), Belo and Newspaper Holdco will work in good faith to prepare a plan for Belo to assume responsibility or eliminate the need for the provision of any particular Newspaper Holdco Service that is intended to be provided on only a short-term basis (the “Belo Transition Plan”).
Transition of Responsibilities. 18 4.6 TRANSFERABILITY ............................................... 19 4.7 OPT-OUT ....................................................... 20
Transition of Responsibilities. After Amgen's exercise of the Option and prior to the Transition Date, ViaCell will transfer to Amgen the IND and all other Regulatory Filings for the Collaboration Product for which Amgen exercised its Option. ViaCell shall also deliver to Amgen a complete copy of the IND and any other Regulatory Filings for the Collaboration Product for which Amgen has exercised its Option and any related correspondence with the FDA and any other Regulatory Authority relating thereto, as well as all related Information and Materials (including but not limited to data and results of ▇▇▇▇▇ ▇, ▇▇▇▇▇ 2 and/or Phase 3 clinical trials, to the extent applicable). On and after the Transition Date for a Collaboration Product, ViaCell will provide all assistance and execute all documents reasonably requested to facilitate the transition of the Development responsibilities, as described in Article III, and the responsibilities of the Commercial Lead, as described in Article VI, for that Collaboration Product to Amgen. For the avoidance of doubt, the exercise of the Option will not affect the rights and responsibilities of the Parties with respect to Cell Therapy Products and/or indications for which the Option Period has not expired. [**].
Transition of Responsibilities. When a complete4 development application, Notice of Commencement for an Environmental Assessment (EA) or major study (such as a Secondary Plan) has been received by the NPCA from a local area municipality or the Region prior to the effective date of this Protocol, the NPCA will continue to review the application consistent with the NPCA’s roles and responsibilities identified in the 2008 Protocol in accordance with a matrix of open files to be prepared by the Region and NPCA, after which the files will transition to the 2018 Protocol provisions and the Region will assume responsibility. In an effort to continue the timely reviews of development applications, EAs and major studies during the transition period, the NPCA may support the Region by providing expertise as needed on a fee for service basis; alternatively the Region may hire consultants as necessary.
Transition of Responsibilities. You agree to provide good faith participation in the transition of your duties, including participation in joint messaging to equity analysts and investors. You agree to prepare a written summary of outstanding projects/issues on which you are currently working by January 1, 2013, for the purpose of transitioning your responsibilities. Further, you agree to provide reasonable assistance to your successor by explaining the methodologies used to perform your duties. You will be willing to be hired as a consultant at the request of Regional Management Corp. at a reasonable and customary fee to be determined at the time of hire.