Common use of Project Assets Clause in Contracts

Project Assets. All rights including development rights, interim privileges and benefits in the Project Assets accruing to and to the benefit of the Developer under this Agreement shall automatically stand terminated and vest in NRDA on the Termination of this Agreement. Developer shall peacefully hand over the possession of the Land including the structures therein/upon, within such reasonable time, as may be prescribed by NRDA.

Project Assets. All rights including development rights, interim privileges and benefits in the Project Assets accruing to and to the benefit of the Developer Lessee under this Agreement shall automatically stand terminated and vest in NRDA on the Termination of this Agreement. Developer Lessee shall peacefully hand over the possession of the Land including the structures therein/upon, within such reasonable time, as may be prescribed by NRDA.

Project Assets. All rights including development rights, interim privileges and benefits in the Project Assets accruing to and to the benefit of the Developer Lessee under this Agreement shall automatically stand terminated and vest in NRDA on the Termination of this Agreement. Developer Lessee shall peacefully hand over the possession of the Land including the structures therein/upon, within such reasonable time, as may be prescribed by NRDA.

Project Assets. All rights including development rights, interim privileges and benefits in the Project Assets accruing to and to the benefit of the Developer under this Agreement shall automatically stand terminated and vest in NRDA NRANVP on the Termination of this Agreement. Developer shall peacefully hand over the possession of the Land including the structures therein/upon, within such reasonable time, as may be prescribed by NRDANRANVP.