Step-Out Date definition
Examples of Step-Out Date in a sentence
Approval by HPI of the Step-Out Plan will not constitute a waiver by HPI of any rights it may have if HPES is unable to perform any of its obligations in accordance with the terms of this Agreement after the Step-Out Date.
The date notified by HPI under clause (1) or clause (2) will be the “Step-Out Date.” Once HPI has notified HPES of a Step-Out Date, HPES will devote the necessary resources to implement the Step-Out Plan such that delivery of the affected Services by HPES is restored to the Service Levels, and that the affected Services are delivered in accordance with all other provisions of this Agreement, from the Step-Out Date.
Once NAIC Group has notified Cognizant of a Step-Out Date, Cognizant Group shall devote all necessary resources to implement the Step-Out Plan such that delivery of the affected Services by Cognizant Group is restored to the Service Levels, and that the affected Services are delivered in accordance with all other provisions of this Agreement, from the Step-Out Date.
Approval by NAIC of the Step-Out Plan shall not constitute a waiver by NAIC Group of any rights it may have if Cognizant Group is unable to perform any of its obligations in accordance with the terms of this Agreement after the Step-Out Date.
Project Co shall continue to be bound by the terms of the Design Build Finance and Maintain Agreement, notwithstanding the occurrence of a Step-In Notice, a Step-In Period, a Step-Out Notice, Step-Out Date, any action by the Agent or Appointed Representative or the Senior Funders and/or any provision of this Agreement.