Final Handover Protocol definition

Final Handover Protocol means a final report confirming handover of the Railway Carriages by the Seller and takeover of the Railway Carriages by the Buyer executed and approved pursuant to Sections 6.7 and 6.8 hereof;
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Examples of Final Handover Protocol in a sentence

  • If the Buyer fails to do so without reasonable and serious reasons, the Final Handover Protocol shall be considered as approved by the Buyer (with the contents as executed and signed by the Seller).

  • The Buyer undertakes to approve the Final Handover Protocol prepared by the Seller by his signature within the period determined in the first sentence of this Section 6.7 hereof.

  • The Final Handover Protocol shall contain in particular (i) the total number of the Leased Carriages taken over by the Buyer from the Seller, as it results from the Handover Protocols of the Leased Carriages and (ii) the total number of the Non-Leased Carriages taken over by the Buyer from the Seller in the Partial Handover Procedures.

  • The Final Handover Protocol shall be executed in two (2) counterparts; each Party shall receive one (1) counterpart thereof.