Handover date Sample Clauses
The 'Handover date' clause defines the specific date on which responsibility for the project, property, or goods is formally transferred from one party to another, typically from a contractor to a client. This clause usually outlines the criteria that must be met for handover, such as completion of work, inspections, or approvals, and may specify procedures for documenting the transfer. Its core practical function is to establish a clear and mutually agreed-upon point in time for the change of responsibility, thereby reducing disputes and ensuring both parties understand their obligations regarding delivery and acceptance.
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Handover date. Both parties agree that: the Project will be handed over officially on November 16, 2018, and Party A will hand over the building to Party B according to the handover standard as agreed in Paragraph 3 below. If Party A fails to hand over in due time, then the overall period of entrusted operation will be postponed accordingly (Party B has officially entered the Project and taken over the work of operation and management on November 16, 2018, from November 16 to November 30, 2018, it is the period of operation handover between both parties; three days after signing the contract, after Party B has received the first payment of design fee from Party A, the Design Department has entered the Project to carry out planning).
Handover date. On Lessee approving the design sample of the fit out improvement or signing of this deed, which ever is later, the Lessor will hand over the Leased premises with in 75 calendar days from date of such approval, fully furnished along with fit out ready for plug and play to the Lessee.
Handover date. (a) The Operator must ensure that it achieves Readiness for Handover for each Base by the Handover Dates specified for progressive Handover of each Base.
(b) The Certificate of Readiness for a Handover will not be issued before the Operator achieves Readiness for Handover for that Handover.
Handover date. TfL and CRL shall:
(a) keep the Developer regularly informed of progress of the CRL Works and give the Developer as much notice as reasonably possible of the Handover Date; and
(b) co-operate with the Developer in accordance with clauses 11.1 to 11.3 and subject to clause 11.4.