Handback Condition. 8.5.1.1 Upon the Termination Date, Developer shall transfer the Project, including any Upgrades, to the Authority, at no charge to the Authority, in the condition and meeting all of the requirements set forth in Section 25 (Handback) of the Requirements and Provisions for Work (collectively, the “Handback Requirements”). 8.5.1.2 In the event of Early Termination, Developer shall only be required to comply with the requirements of this Section 8.5 (Handback Requirements) to the extent that any Renewal Work under the Handback Requirements was scheduled to have been performed prior to the Early Termination Date.
Appears in 4 contracts
Samples: Project Agreement, Project Agreement, Project Agreement
