Common use of Articles of Value Clause in Contracts

Articles of Value. All fossils, coins, articles of value or antiquity structures and any other remains of geological or archaeological interest discovered on the Demised Premises and the Access Road Corridor shall, as between BPDB and the Company be deemed to be the absolute property of BPDB, and the Company shall at its own expense take all necessary precautions to prevent its employees, representatives and Contractor(s) or other persons from removing or damaging any such article or thing and shall immediately upon discovery thereof, and before removal, acquaint BPDB with such discovery, comply with all requirements of the Laws of Bangladesh pertaining to the same or, if no such requirements relate, comply with the reasonable instructions of BPDB as to the disposal or preservation of the same.

Appears in 4 contracts

Samples: Land Lease Agreement, Land Lease Agreement, Land Lease Agreement

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