Turnover definition
Examples of Turnover in a sentence
Company acknowledges and agrees that Contractor’s post-Turnover warranty obligations are not associated with final Turnover as contemplated by Article VIII.2. D.
Except as expressly stated otherwise, Contractor shall retain care, custody, and control of the Services, systems, facility, or relevant portion of the Facilities under its responsibility, and all Supplies intended for incorporation into the Facilities until issuance of a Turnover certificate below.
If during the following Turnover of an Item, Company notifies and reasonably demonstrates to Contractor in writing that (i) there is a Defect in the Services for the Item, and (ii) the Defect in the Item was identified by Company after Turnover, Contractor shall promptly perform corrective services as may be necessary to bring the Services for the Item into conformance with Agreement requirements to the extent such services are within the original scope of the Services (including any Change Orders).
Turnover and transfer of care, custody, and control shall not be deemed, but only upon achieving Turnover and the issuance of a Turnover certificate.
Issuance of the Final Turnover Certificate does not relieve Contractor of any surviving obligations under Article IV.