IT Transition Plan definition
Examples of IT Transition Plan in a sentence
Notwithstanding the foregoing, prior to transfer of the Shared Systems pursuant to the IT Transition Plan, any upgrades, modifications or improvements to the Shared Systems that Sellers may have made between the Closing and the termination of the IT Services must be purchased by Purchaser or LLANY at Sellers' Fully Loaded Cost or each such upgrade, modification and improvement not so purchased may be removed at the sole discretion of Sellers.
The IT Transition Plan shall include, among other items, a specific implementation plan for the Y2K Obligations (as defined below) to be provided by Sellers.
If the Parties mutually agree that there is some benefit or advantage for the Parties to continue to share a Third Party IT Agreement, the Parties will agree on how best to do so, as part of the IT Transition Plan work of the IT JTF.
Promptly after the Closing Date, the Parties shall develop a mutually agreed upon plan for transition of information technology from the Sellers to the Buyer (the "IT Transition Plan").
The IT Joint Task Force will develop, modify, update and execute the IT Transition Plan.
The IT Services other than interfaces and those services generally provided to other customers (such as WAN/intranet connect and corporate voice services) will cease to be provided under this Agreement as soon as reasonably practicable and as set forth in the IT Transition Plan and in no event later than the end of the IT Transition Period.
It will describe the activities, required resources, responsibilities and costs associated with the IT Transition and proposed timing to achieve the separation in accordance with Clause 7.1. The IT Transition Plan may, exceptionally, specify actions beyond the IT Transition Period as mutually agreed.
The initial high-level IT Transition Plan shall be agreed and completed by the Parties within two (2) months following the Effective Date and will thereafter be updated as applicable.
If such terminated Scheduled Employee was critical to the performance of either the Manufacturing and Supply Transition Plan or the IT Transition Plan, then the Sellers will temporarily reassign such identified existing employee to replace the terminated Scheduled Employee for the remainder of the applicable Employment Term.
Notwithstanding the foregoing and the terms of the IT Transition Plan, the Buyer shall use diligent efforts to develop the expertise and knowledge required to manage the information technology activities associated with the Product, and agrees that to the extent that the Buyer assumes control of any discrete, identifiable portion of such activities, the Buyer will be responsible for such portion.