Asset Handover at Contract Expiry Sample Clauses

Asset Handover at Contract Expiry. At the expiration date of the Contract, the assets under management by the Contractor shall be handed-back to SLWE in good working condition. The Contractor shall be responsible to maintain the integrity of the buildings and equipment, the performance standards and to rectify any defects in the building, civil structure and equipment until the last day of the Contract. Before handing over the managed assets to SLWE, the Contractor shall verify and provide evidence to SLWE that: • the electromechanical equipment is working according to their specifications • the electric connections are safe and functioning • the building and civil structure are exempt of any damages of defects • the analytical and monitoring instruments are fully operational The only exceptions are minor omissions or defects which:
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