No. A Transfer does not require a Vendor to change or renegotiate the original terms for their service.

The Vendor’s existing terms remain the basis for the service being transferred from the Seller to the Buyer.

Yes, if the Buyer and Vendor both want to agree something different.

Changes, additional services or upgrades can be discussed in the DealRoom before the Buyer submits an Offer.

Where those changes are relevant to the Transfer, the preferred approach is to agree and capture them as part of the Transfer. They can be reflected in the Deal Specification or, where applicable, stated as a condition of the Buyer’s Offer.

The Buyer and Vendor can also choose to arrange something separately between themselves. In that case, the separate arrangement is not part of the Transfer.

A Transfer can change the client without forcing the Vendor to reopen the commercial basis of their existing service.

At the same time, the Buyer and Vendor remain free to adapt the service when that works for both of them — either as part of the Transfer or, if they prefer, through a separate arrangement.

If the existing Vendor terms work for you, no renegotiation is required.

If you want something changed, discuss it with the Vendor in the DealRoom before making the Offer and decide whether the change should become part of the Transfer or be arranged separately.