Handback Assets definition
Handback Assets means the Assets excluding:
Handback Assets means all assets which are covered by the present Concession whether existing at the time of this Agreement or built or constructed by the Company as Development Works and to be returned to the Conceding Authority under Clause 18;
Handback Assets means all buildings, fixtures and improvements which are part of the Marina or located on the Marina Property whether existing at the time of this Agreement or built, installed or constructed by the Manager and to be returned to the City under Article 12;
Examples of Handback Assets in a sentence
Should the Public Partner unreasonably refuse to sign the Handback Act, the risk of accidental loss or damage to the Handback Assets shall be transferred to the Public Partner.