Common use of Transition Out Clause in Contracts

Transition Out. 14.11.1 The Contractor undertakes to the Authority that it will co-operate with the reasonable instructions of the Outgoing Parent and, in particular, will use all reasonable endeavours to facilitate the release of the Nominated Staff of the Outgoing Parent as soon as is compatible with Regulatory Requirements. 14.11.2 Save to the extent the Contractor must comply with applicable Law and Regulatory Requirements, the Contractor undertakes to the Authority not to take any action which prevents, prejudices or frustrates the transition between the Outgoing Parent and the Incoming Parent.

Transition Out. 14.11.1 The Contractor undertakes to the Authority that it will co-operate with the reasonable instructions of the Outgoing Parent and, in particular, will use all reasonable endeavours to facilitate the release of the Nominated Staff of the Outgoing Parent as soon as is compatible with Regulatory Requirements. 14.11.2 Save to the extent the Contractor must comply with applicable Law and Regulatory Requirements, the Contractor undertakes to the Authority not to take any action which prevents, prejudices or frustrates the transition between the Outgoing Parent and the Incoming Parent.