Handover Protocol. The Parties will sign the Handover Protocol after: the Parties prepare a record of the completed Pilot Operation and Penetration Test (if relevant) the Customer checks and confirms the completeness of the updated Documents and the Contractor fulfils the obligation pursuant to sub. 5.5.5. hereof, if applicable. The Handover Protocol will contain a list of the remaining Defects and security issues detected during the Penetration Test with the time period set for removal thereof; in the absence of a written agreement about this time period for defect removal, the time period is assumed to be 14 (fourteen) Business Days from the day of signing of the Handover Protocol.
Handover Protocol. The Parties will sign the Handover Protocol after: the Parties prepare a record of the completed Pilot Operation, the Customer checks and confirms the completeness of the updated Documents and the Contractor fulfils the obligation pursuant to sub. 5.5.5. hereof, if applicable. The Handover Protocol will contain a list of the remaining Defects with the time period set for removal thereof; in the absence of a written agreement about this time period for defect removal, the time period is assumed to be 14 (fourteen) Business Days from the day of signing of the Handover Protocol.
Handover Protocol. Transfer of ownership rights A handover protocol signed by both parties will be drawn up for the handover and acceptance of the subject of purchase. In the case that the subject of purchase will show minor defects or unfinished work, which, however, will not prevent the proper use of the subject of purchase, and if the buyer does not use his right not to take over the subject of performance according to Article IV. paragraph 3 of this contract, the handover protocol and acceptance of the subject of performance will contain a list of detected defects and unfinished work, including the method of their elimination with the period (the length of the period determined by the buyer). When signing the handover protocol by the contracting parties, the ownership right to the subject of purchase passes from the seller to the buyer. The seller bears the risk of damage to the subject of performance until the transfer of ownership to the buyer. The persons referred to in Article VI are authorized to sign the handover protocol. The Buyer is entitled to refuse to accept the subject of purchase if it does not have the properties required by the Buyer in this contract and its annexes. The buyer is not obliged to take over the object of purchase having any defect or unfinished work, even if they alone (or in conjunction with others) do not prevent the proper use of the object of purchase. In such a case, the buyer shall issue the seller a record of non-acceptance of the subject of purchase together with the reasons for non-acceptance.
