Common use of Handover Protocol Clause in Contracts

Handover Protocol. 1. The handover and takeover of the Subject of the Sub-lease and the course of the sub-lease period (Event) shall be recorded in the handover protocol (hereinafter referred to as the “Handover Protocol”). The Handover Protocol shall specify any and all necessary facts as well as all facts required by the Contracting Parties, in particular the exact time of the takeover of the Subject of the Sub-lease by the Sub-Lessee and the handover of the Subject of the Sub-lease back to the Lessee, its condition, equipment, and the arrangement and layout of the Subject of the Sub-lease pursuant to Annex no. 2 to this Contract. The Handover Protocol shall also include any and all damage to the movables, decorations, structural elements, fittings and other equipment of the catering premises. In such a case, the time of the ascertainment of damage, the damage description and cause as well as the Sub-lessee’s statement regarding the extent and cause of the damage shall be recorded in the Handover Protocol. 2. The names of the persons writing up the Handover Protocol and making any records therein shall be listed in the head thereof. The Handover Protocol shall be signed by the OD Representative on behalf of the Lessee and by the SL Representative on behalf of the Sub-Lessee. In case of a difference of opinion between these persons on any matter, both opinions shall be recorded in the Handover Protocol, however for an urgent resolution of any situation, the stance of the OD Representative shall prevail and the SL Representative undertakes to respect the OD Representative’s instructions.