Novation Buses Clause Samples

Novation Buses. On or within the period of 30 days immediately preceding the Termination Date: (a) the Operator must ensure that all Bus Leases in respect of Novation Buses are novated to the Successor Operator or a TfNSW Lessor; and (b) TfNSW shall procure that the Successor Operator or a TfNSW Lessor (as required by TfNSW) executes documentation to ensure the novation of Bus Leases as contemplated under Clause 15.8(a), as required by TfNSW, including in accordance with the terms of the Contract Buses and Contract Depots Schedule and any other terms of this Contract and any other Transaction Document.