Common use of Resources viz Issued Material, Tools, Plants and Equipment Clause in Contracts

Resources viz Issued Material, Tools, Plants and Equipment. 7.1.1 The Corporation shall deliver the Material Tools, Plants and Equipment to the Contractor as specified in the Appendix- 7 of Schedule I. The Contractor shall inspect all such resources when delivered into the Contractor’s possession and shall within 48 hours of such delivery notify the Corporation of any defect, deficiency or shortage. In the event that the Contractor does not notify the Corporation of any defect, deficiency or shortage within 48 hours of delivery, then the Contractor will be deemed to have accepted the Issued Material / Tools/ Plants/ Equipment and these resources shall be deemed to have been delivered in a complete and undamaged state.

Appears in 9 contracts

Samples: Agreement, Agreement, Agreement

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