Common use of HANDBACK OF BUS DEPOT Clause in Contracts

HANDBACK OF BUS DEPOT. 11.8.1 Subject to the provisions of Article 23, the Operator shall at the end of the Transition Assistance Period, handover without payment of any monies and free from Encumbrances the peaceful possession of the Bus Depot and any other immovable assets that may have been provided by the Authority to the Operator, in sound condition, subject to normal wear and tear;

Appears in 5 contracts

Samples: Escrow Agreement, Model Contract, Model Contract

AutoNDA by SimpleDocs

HANDBACK OF BUS DEPOT. 11.8.1 Subject to the provisions of Article 23, the Operator shall shall, at the end of the Transition Assistance Period, handover without payment of any monies and free from Encumbrances the peaceful possession of the Bus Depot and any other immovable assets that may have been provided by the Authority to the Operator, in sound condition, subject to normal wear and tear;

Appears in 1 contract

Samples: Model Contract

AutoNDA by SimpleDocs

HANDBACK OF BUS DEPOT. 11.8.1 Subject to the provisions of Article 23, the Operator shall at the end of the Transition Assistance Period, Period handover without payment of any monies and free from Encumbrances the peaceful possession of the Bus Depot and any other immovable assets that may have been provided by the Authority to the Operator, in sound condition, subject to normal wear and tear.;

Appears in 1 contract

Samples: Model Contract

Time is Money Join Law Insider Premium to draft better contracts faster.