Amendment No. 2 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company regarding providing and purchasing Managed Network products and services and related support dated August 16, 1995. 2 pages.
San Antonio Texas Amendment No. 2 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company is an essential legal document that outlines the specific modifications and additions made to the existing Managed Network Agreement between the two parties. This amendment holds utmost significance in the context of their business relationship, ensuring that both parties reach a mutual understanding and address any concerns or changes that have arisen since the last agreement. Key Keywords: San Antonio Texas, Amendment No. 2, Managed Network Agreement, Sprint Communications Company, LP, Bridge Data Company. As the name suggests, this amendment focuses on the operations and management of the network infrastructure, services, and solutions provided by Bridge Data Company to Sprint Communications Company. It serves as a legal instrument to record the alterations made to the original agreement while defining the rights, responsibilities, and obligations of both parties involved. The parties involved may include representatives from Sprint Communications Company, LP, a prominent telecommunications' organization, and Bridge Data Company, a reputed network service provider. The San Antonio Texas Amendment No. 2 may encompass various types of modifications, such as: 1. Service Expansion: If Sprint Communications Company decides to enhance its network capabilities or requests additional services from Bridge Data Company, this amendment can encompass all necessary provisions for such expansions. This may include increased bandwidth, network coverage, or the inclusion of new technologies. 2. Pricing and Financial Adjustments: The amendment may address any updates related to pricing, payment terms, or financial arrangements between the parties. This ensures transparency and avoids any ambiguity regarding the costs associated with the managed network services provided by Bridge Data Company. 3. Performance Metrics: The amendment might introduce new performance metrics or revise existing ones. This allows both parties to track and evaluate the quality of services provided, ensuring that the network performance aligns with the agreed-upon standards. 4. Term Extension or Termination: The amendment may also extend the term period of the Managed Network Agreement, granting both parties the flexibility to continue their collaboration for a longer duration. Additionally, it may specify circumstances under which either party can terminate the agreement (e.g., breach of contract, failure to meet performance targets) and the corresponding consequences. 5. Legal and Regulatory Compliance: In a rapidly evolving regulatory landscape, the amendment might introduce clauses addressing compliance with new laws, rules, or industry standards. This ensures that both parties adhere to all applicable legal and regulatory requirements. It is important to note that the specifics of San Antonio Texas Amendment No. 2 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company would be defined within the actual document. This description provides a general understanding of the possible types of amendments that can be included, depending on the specific needs and circumstances of the parties involved.
San Antonio Texas Amendment No. 2 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company is an essential legal document that outlines the specific modifications and additions made to the existing Managed Network Agreement between the two parties. This amendment holds utmost significance in the context of their business relationship, ensuring that both parties reach a mutual understanding and address any concerns or changes that have arisen since the last agreement. Key Keywords: San Antonio Texas, Amendment No. 2, Managed Network Agreement, Sprint Communications Company, LP, Bridge Data Company. As the name suggests, this amendment focuses on the operations and management of the network infrastructure, services, and solutions provided by Bridge Data Company to Sprint Communications Company. It serves as a legal instrument to record the alterations made to the original agreement while defining the rights, responsibilities, and obligations of both parties involved. The parties involved may include representatives from Sprint Communications Company, LP, a prominent telecommunications' organization, and Bridge Data Company, a reputed network service provider. The San Antonio Texas Amendment No. 2 may encompass various types of modifications, such as: 1. Service Expansion: If Sprint Communications Company decides to enhance its network capabilities or requests additional services from Bridge Data Company, this amendment can encompass all necessary provisions for such expansions. This may include increased bandwidth, network coverage, or the inclusion of new technologies. 2. Pricing and Financial Adjustments: The amendment may address any updates related to pricing, payment terms, or financial arrangements between the parties. This ensures transparency and avoids any ambiguity regarding the costs associated with the managed network services provided by Bridge Data Company. 3. Performance Metrics: The amendment might introduce new performance metrics or revise existing ones. This allows both parties to track and evaluate the quality of services provided, ensuring that the network performance aligns with the agreed-upon standards. 4. Term Extension or Termination: The amendment may also extend the term period of the Managed Network Agreement, granting both parties the flexibility to continue their collaboration for a longer duration. Additionally, it may specify circumstances under which either party can terminate the agreement (e.g., breach of contract, failure to meet performance targets) and the corresponding consequences. 5. Legal and Regulatory Compliance: In a rapidly evolving regulatory landscape, the amendment might introduce clauses addressing compliance with new laws, rules, or industry standards. This ensures that both parties adhere to all applicable legal and regulatory requirements. It is important to note that the specifics of San Antonio Texas Amendment No. 2 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company would be defined within the actual document. This description provides a general understanding of the possible types of amendments that can be included, depending on the specific needs and circumstances of the parties involved.