Transitional Service definition

Transitional Service means (in respect of services provided to the Target Business) any significant service provided by any part of the Seller Group to the Target Business at Closing which the Target Business cannot immediately provide for itself from its existing resources and at immaterial Cost and (in relation to services provided to the Seller Group) any significant service provided by any part of the Target Business to the Seller Group at Closing which the Seller Group cannot immediately provide for itself from existing resources and at immaterial Cost;
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Transitional Service has the meaning given to that term in the Transitional Services Agreement;
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Transitional Service means (in respect of services provided to the Target Business) any significant service provided by any part of the Seller Group to the Target Business at Closing which the Target Business cannot immediately provide for itself from its existing resources and at immaterial Cost and (in relation to services provided to the Seller Group) any significant service provided by any part of the Target Business to the Seller Group at Closing which the Seller Group cannot immediately provide for itself from existing resources and at immaterial Cost including those services specifically identified in the document titled “▇▇▇▇▇▇▇ Shared Services Accounting Manual” included in the Data Room as document 19.1 and in Exhibit 5 Parts B and C; UK GAAP means all Statements of Standard Accounting Practice, Financial Reporting Standards and Urgent Issues Taskforce Abstracts issued or adopted by the Accounting Standards Board and extant as at Closing; US GAAP means generally accepted accounting principles in the United States of America; US GAAS means generally accepted auditing standards in the United Stated of America; VAT has the meaning given in Part D of Schedule 10;
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Examples of Transitional Service in a sentence

  • In case of conflict between the terms and conditions of this Agreement and any Appendix, the terms and conditions of such Appendix shall control and govern as it relates to the Transitional Service to which those terms and conditions apply.

  • The Administrator shall distribute proxy materials on behalf of Separate Accounts and/or underlying Funds and shall tally proxy votes related to holdings by the Plans; provided that the Administrator shall have to such obligation with respect to Form N-3 until the UIT conversions are complete by PGIM pursuant to the Transitional Service Agreement.

  • The initial coordinators for each Party for each Transitional Service shall be the individuals named in the description of such Transitional Service in Appendix A or B (the "Service Coordinators").

  • As consideration for the Transitional Services, Service Receiver shall pay to Service Provider the amount specified for each Transitional Service as set forth in Appendix A or B as the case may be.

  • Upon the termination of any Transitional Service in accordance with Section 1.04 above, the compensation to be paid under this Section 2.01 shall be reduced by the amount specified for such terminated Transitional Service.

  • If any failure or default so specified is not cured within such forty five (45) day period, the Non-Defaulting Party may elect to immediately terminate the affected Transitional Services; provided, however, that if the failure or default relates to a good faith dispute by the Defaulting Party, the Non-Defaulting Party may not terminate any such Transitional Service pending the resolution of such dispute.

  • St. ▇▇▇▇ Re UK and Platinum Re UK shall agree upon the terms which will govern the provision of the particular Transitional Service to be so provided at the time Platinum Re UK makes such request.

  • Upon termination or expiry of a Transitional Service, the Seller shall invoice the Purchaser for all amounts due or payable to the Seller in respect of such Transitional Service that were provided in the period prior to termination and that have not yet been invoiced.

  • Notwithstanding anything to the contrary contained herein, in the event Provider commits an error with respect to or incorrectly performs or fails to perform any Transitional Service, at Buyer's request, Provider shall use reasonable efforts to correct such error, re-perform or perform such Transitional Service.

  • All disputes, litigation, proceedings or other legal actions by any Party to this Transitional Services Agreement in connection with or relating to this Transitional Services Agreement or any matters described or contemplated in this Transitional Service Agreement shall be instituted in the courts of the State of Delaware or of the United States sitting in the State of Delaware.


More Definitions of Transitional Service

Transitional Service means a service approved by the Minister under section 9A;
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Transitional Service means any of them or the relevant one of them, as the context may require;
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Related to Transitional Service

  • Transitional Services means services involving technical or specialized knowledge required to complete a project or to provide temporary consulting services to the City.

  • Additional Service means any Services/Deliverables within the scope of the Contract, but not specifically provided under any Statement of Work, that once added will result in the need to provide the Contractor with additional consideration.

  • Transitional Services Agreement means the transitional services agreement in the Agreed Terms to be entered into between the Seller Parent and the Buyer;

  • Optional Services means services that a USF Service Provider is authorized but not required to provide pursuant to the USF Services and Subsidy Agreement and any Licences held by a USF Service Provider;

  • Educational Services means educational training provided to Entitled Students at a School;