Common use of Asset Register Clause in Contracts

Asset Register. 13.2.1 The Contractor shall maintain and provide to the DCC a Register of Relevant Business Assets. 13.2.2 The Contractor shall ensure that the Register of Relevant Business Assets contains the following information: (a) a register of all of the Relevant Business Assets, detailing: (i) whether each Relevant Business Asset is capable of being transferred to the DCC and/or any Replacement Contractor following the expiry or termination of this Agreement (each, a "Transferable Asset"). (ii) if not, whether each Relevant Business Asset is otherwise capable of being made available by the Contractor for use by the DCC and/or any Replacement Contractor following the expiry or termination of this Agreement (each, an "Ongoing Access Asset"); (iii) the ownership status of each Transferable Asset and each Ongoing Access Asset; (iv) the value of each Transferable Asset, calculated using the Net Book Value, remaining lease payments or such other valuation method as approved by the DCC in respect of specific Relevant Assets and, in any event, in compliance with the Applicable Accounting Standards of the Contractor (the "Transferable Asset Value"); (b) a register of all of the software provided in connection with the Services; (c) a register of all other Intellectual Property Rights relevant to the performance of the Services; and (d) a register of all sub-contracts and other agreements (including software licences, maintenance and support agreements and equipment, rental and lease agreements) required for the performance of the Services. 13.2.3 The Contractor shall maintain the Register of Relevant Business Assets in the format specified in such format as is agreed by the parties from time to time. 13.2.4 The Contractor shall review and update the Register of Relevant Business Assets periodically.

Appears in 2 contracts

Sources: Design Proving Agreement, Interim Time Recording Solution Agreement

Asset Register. 13.2.1 13.2.1. The Contractor shall maintain and provide to the DCC a Register of Relevant Business Assets. 13.2.2 13.2.2. The Contractor shall ensure that the Register of Relevant Business Assets contains the following information: (a) a register of all of the Relevant Business Assets, detailing: (i) whether each Relevant Business Asset is capable of being transferred to the DCC and/or any Replacement Contractor following the expiry or termination of this Agreement (each, a "Transferable Asset"). (ii) if not, whether each Relevant Business Asset is otherwise capable of being made available by the Contractor for use by the DCC and/or any Replacement Contractor following the expiry or termination of this Agreement (each, an "Ongoing Access Asset"); (iii) the ownership status of each Transferable Asset and each Ongoing Access Asset; (iv) the value of each Transferable Asset, calculated using the Net Book Value, remaining lease payments or such other valuation method as approved by the DCC in respect of specific Relevant Assets and, in any event, in compliance with the Applicable Accounting Standards of the Contractor (the "Transferable Asset Value"); (b) a register of all of the software provided in connection with the Services; (c) a register of all other Intellectual Property Rights relevant to the performance of the Services; and (d) a register of all sub-contracts and other agreements (including software licences, maintenance and support agreements and equipment, rental and lease agreements) required for the performance of the Services. 13.2.3 13.2.3. The Contractor shall maintain the Register of Relevant Business Assets in the format specified in such format as is agreed by the parties from time to time. 13.2.4 13.2.4. The Contractor shall review and update the Register of Relevant Business Assets periodically.

Appears in 2 contracts

Sources: Contractor Agreement, Terms and Conditions

Asset Register. 13.2.1 12.2.1 The Contractor shall maintain and provide to the DCC a Register of Relevant Business Assets. 13.2.2 12.2.2 The Contractor shall ensure that the Register of Relevant Business Assets contains the following information: (a) a register of all of the Relevant Business Assets, detailing: (i) whether each Relevant Business Asset is capable of being transferred to the DCC and/or any Replacement Contractor following the expiry or termination of this Agreement (each, a "Transferable Asset"). (ii) if not, whether each Relevant Business Asset is otherwise capable of being made available by the Contractor for use by the DCC and/or any Replacement Contractor following the expiry or termination of this Agreement (each, an "Ongoing Access Asset"); (iii) the ownership status of each Transferable Asset and each Ongoing Access Asset; (iv) the value of each Transferable Asset, calculated using the Net Book Value, remaining lease payments or such other valuation method as approved by the DCC in respect of specific Relevant Assets and, in any event, in compliance with the Applicable Accounting Standards of the Contractor (the "Transferable Asset Value"); (b) a register of all of the software provided in connection with the Services; (c) a register of all other Intellectual Property Rights relevant to the performance of the Services; and (d) a register of all sub-contracts and other agreements (including software licences, maintenance and support agreements and equipment, rental and lease agreements) required for the performance of the Services. 13.2.3 12.2.3 The Contractor shall maintain the Register of Relevant Business Assets in the format specified in such format as is agreed by the parties from time to time. 13.2.4 12.2.4 The Contractor shall review and update the Register of Relevant Business Assets periodically.

Appears in 1 contract

Sources: Contract for the Provision of a Service

Asset Register. 13.2.1 13.2.1. The Contractor shall maintain and provide to the DCC a Register of Relevant Business Assets. 13.2.2 13.2.2. The Contractor shall ensure that the Register of Relevant Business Assets contains the following information: (a) a register of all of the Relevant Business Assets, detailing: (i) whether each Relevant Business Asset is capable of being transferred to the DCC and/or any Replacement Contractor following the expiry or termination of this Agreement (each, a "Transferable Asset"). (ii) if not, whether each Relevant Business Asset is otherwise capable of being made available by the Contractor for use by the DCC and/or any Replacement Contractor following the expiry or termination of this Agreement (each, an "Ongoing Access Asset"); (iii) the ownership status of each Transferable Asset and each Ongoing Access Asset;; DCCT0254 DCC Confidential Page 41 of 63 (iv) the value of each Transferable Asset, calculated using the Net Book Value, remaining lease payments or such other valuation method as approved by the DCC in respect of specific Relevant Assets and, in any event, in compliance with the Applicable Accounting Standards of the Contractor (the "Transferable Asset Value"); (b) a register of all of the software provided in connection with the Services; (c) a register of all other Intellectual Property Rights relevant to the performance of the Services; and (d) a register of all sub-contracts and other agreements (including software licences, maintenance and support agreements and equipment, rental and lease agreements) required for the performance of the Services. 13.2.3 13.2.3. The Contractor shall maintain the Register of Relevant Business Assets in the format specified in such format as is agreed by the parties from time to time. 13.2.4 13.2.4. The Contractor shall review and update the Register of Relevant Business Assets periodically.

Appears in 1 contract

Sources: Provision of a Study to Demonstrate the Technology and Security Landscape for the Next 10 – 15 Years

Asset Register. 13.2.1 27.2.1 The Contractor Supplier shall maintain and provide to the DCC a Register of Relevant Business Assets. 13.2.2 27.2.2 The Contractor Supplier shall ensure that the Register of Relevant Business Assets contains the following information: (a) a register of all of the Relevant Business Assets, detailing: (i) whether each Relevant Business Asset is capable of being transferred to the DCC and/or any Replacement Contractor Supplier following the expiry or termination of this Agreement (each, a "Transferable Asset"). (ii) if not, whether each Relevant Business Asset is otherwise capable of being made available by the Contractor Supplier for use by the DCC and/or any Replacement Contractor Supplier following the expiry or termination of this Agreement (each, an "Ongoing Access Asset"); (iii) the ownership status of each Transferable Asset and each Ongoing Access Asset; (iv) the value of each Transferable Asset, calculated using the Net Book Value, remaining lease payments or such other valuation method as approved by the DCC in respect of specific Relevant Assets and, in any event, in compliance with the Applicable Accounting Standards of the Contractor Supplier (the "Transferable Asset Value"); (b) a register of all of the software provided in connection with the Services; (c) a register of all other Intellectual Property Rights relevant to the performance of the Services; and (d) a register of all sub-contracts and other agreements (including software licences, maintenance and support agreements and equipment, rental and lease agreements) required for the performance of the Services. 13.2.3 27.2.3 The Contractor Supplier shall maintain the Register of Relevant Business Assets in the format specified in such format as is agreed by the parties from time to time. 13.2.4 27.2.4 The Contractor Supplier shall review and update the Register of Relevant Business Assets periodically.

Appears in 1 contract

Sources: Service Integration Agreement