IP Licensing · glossary
A separate contract under which Kelderwick's group keeps giving the factory IT support for a limited time. Support for KelderPlan comes only under it. So if the Software Period is extended, support must run on for the same months. Licence 1.1, “Transitional Services Agreement” · Chapter 1 · see Software Period
Explained in Chapter 1, What a Licence Is, and Why This Deal Needs One, of IP Licensing.
The main page for this term is Transitional services agreement (TSA), in Legal Due Diligence.
The Sheffield company keeps its factory, its staff and its contracts, because only its owner changes. But the brand, the know-how and KelderPlan, the group's planning and quality software, belong to Kelderwick IP. Tregarth is not buying that company, so the SPA gives Tregarth none of them. Under a separate transitional services agreement, the group also keeps giving the factory IT support for a limited time.Read Chapter 1, What a Licence Is, and Why This Deal Needs One →
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the transitional services agreement dated the Commencement Date under which members of the Licensor's Group provide information technology support and other services to the Licensee for a limited period; andRead the definition in the document →
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