Assessment of Site and structures Sample Clauses

Assessment of Site and structures. 10.3.1 Pursuant to the notice specified in Article 10, the Authority Representative, Independent Consultant and the Operator shall, on a mutually agreed date and time, inspect the Site. The Independent Consultant shall prepare a memorandum containing an inventory of the assets (both movable and immovable) to be transferred by the Authority to the Operator for the execution of the Project within 7 (seven) days from the joint site visit. A copy of the Memorandum shall be shared with the Authority and the Operator. Signing of the memorandum, in two counterparts (each of which shall constitute an original), by the authorised representatives of the Parties shall, subject to the provisions of Article 10.2.2, be deemed to constitute a valid proof of handover to the Operator for free and unrestricted use of the Site during the Agreement Period under and in accordance with the provisions of this Agreement and for no other purpose whatsoever.
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Related to Assessment of Site and structures

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