Notice and Acceptance of Turnover Sample Clauses

Notice and Acceptance of Turnover. When Contractor believes the provisions of Section 12.1(a) have been satisfied with respect to each system or structure, Contractor shall deliver a written notice of such determination through the Joint Test Working Group to Owner with sufficient detail to enable Owner to determine whether Contractor has achieved such requirements. Turnover of such system or structure shall be deemed to have occurred within [**] following delivery of such determination to Owner, unless within such [**] period, Owner has notified Contractor in writing of “[**]” in this Exhibit 10.01 indicates material that has been omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission. Execution Version Confidential Trade Secret InformationSubject to Restricted Procedures why it disagrees that Turnover has occurred, in which case (and without prejudice to Contractor's right to submit a Claim) Contractor shall take such corrective actions as are necessary and resubmit its written notice of determination to Owner in accordance with this Section 12.1(b). Upon Turnover of a system or structure, Contractor shall turn over risk of loss and care, custody, control and operation of such system, structure or component to Owner in accordance with Section 21.2.
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Notice and Acceptance of Turnover. When Contractor believes the provisions of Section 12.1(a) have been satisfied with respect to each system or structure, Contractor shall deliver a written notice of such determination through the Joint Test Working Group to Owner with sufficient detail to enable Owner to determine whether Contractor has achieved such requirements. Turnover of such system or structure shall be deemed to have occurred within ten (10) Business Days following delivery of such determination to Owner, unless within such ten (10) Business Days period, Owner has notified Contractor in writing of why it disagrees that Turnover has occurred, in which case (and without prejudice to Contractor's right to submit a Claim) Contractor shall take such corrective actions as are necessary and resubmit its written notice of determination to Owner in accordance with this Section 12.1(b). Upon Turnover of a system or structure, Contractor shall turn over risk of loss and care, custody, control and operation of such system, structure or component to Owner in accordance with Section 21.2.
Notice and Acceptance of Turnover. When Contractor believes the provisions of Section 12.1(a) have been satisfied with respect to each system or structure, Contractor shall deliver a written notice of such determination through the Joint Test Working Group to Owners with sufficient detail to enable Owners to determine whether Contractor has achieved such requirements. Owners shall accept such system or structure as having achieved Turnover, by delivering to Contractor notice of that acceptance within ten (10) Business Days following receipt of Contractor’s notice that Turnover has occurred; alternatively, Owners may disagree that Turnover has occurred by notifying Contractor in writing of why they disagree that Turnover of such system or structure has occurred, in which case (and without prejudice to Contractor’s right to submit a Claim) Contractor shall take such corrective actions as are necessary and resubmit its written notice of determination to Owners in accordance with this Section 12.1(b). If no notice is issued by Owners within the required time period, Owners will be deemed to have accepted that Turnover of such system or structure has occurred; provided, however, that in the event more than ten (10) Turnover Packages are delivered to Owners within any rolling ten (10) Business Day period, for each additional Turnover Package delivered to Owners within such ten (10) Business Day period, Owners shall receive an incremental two (2) Business Days to review such Turnover Package (e.g., for the 11th such package, Owners will have twelve (12) Business Days for review from the date of delivery of such package; for the 12th such package, Owners will have fourteen (14) Business Days for review from the date of delivery of such package, etc.). The date of Turnover for a system or structure shall be the date of Owners’ acceptance or deemed acceptance of Contractor’s notice in accordance with the procedures in this Section 12.1(b). Upon Turnover of a system or structure, Contractor shall turn over risk of loss and care, custody, control and operation of such system, structure or component to Owners in accordance with Section 21.2.

Related to Notice and Acceptance of Turnover

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  • Delivery and Acceptance All Software provided hereunder will be delivered electronically. We provide trial licenses of the Software for testing and pre-acceptance before purchase and therefore, delivery is deemed complete and accepted when such Software is made available to you. You are responsible for downloading, installing, registering, or otherwise using the Software.

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  • Acceptance and Assumption Assignee hereby accepts the foregoing assignment and further hereby assumes and agrees to perform, from and after January 1, 2002, all duties, obligations and responsibilities of the property manager arising under the Agreement.

  • Appointment and Acceptance The Trust hereby appoints the Distributor as a distributor of shares of beneficial interest in the Trust (the “shares”) which may from time to time be registered under the 1933 Act and as servicing agent of shareholders and shareholder accounts of the Trust, and the Distributor hereby accepts such appointment in accordance with the terms and conditions set forth herein. As the Trust’s agent, the Distributor shall, except to the extent provided in Section 4 hereof, be the exclusive distributor for the unsold portion of the shares.

  • Employment and Acceptance During the Term (as defined in Section 1.2), the Company shall employ the Executive, and the Executive shall accept such employment and serve the Company, in each case, subject to the terms and conditions of this Agreement.

  • Appointment of and Acceptance by Escrow Agent The Investor(s) and the Company hereby appoint Escrow Agent to serve as Escrow Agent hereunder. Escrow Agent hereby accepts such appointment and, upon receipt by wire transfer of the Escrow Funds in accordance with Section 3 below, agrees to hold, invest and disburse the Escrow Funds in accordance with this Agreement.

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