Common use of Take-Over Clause in Contracts

Take-Over. (a) BPDB shall, after a joint inspection with the Company, hand over the Demised Premises to the Company (the “Take-Over”) no later than ninety (90) days following the Project Effective Date. After the Take-Over, the Company shall install permanent posts to demarcate the boundary of the Demised Premises and install a security fence on the perimeter of the Demised Premises. (b) At any time, on and after the Take-Over and prior to the Possession Date, the Company shall be entitled to enter the Demised Premises for the purpose of carrying out such surveys, site investigations and other inspections as the Company considers necessary provided that the Company has given BPDB reasonable advance written notice of such intention to enter the Demised Premises.

Take-Over. (a) BPDB shall, after a joint inspection with the Company, hand over the Demised Premises to the Company (the “Take-Over”) no later than ninety (90forty ( 40) days following the Project Effective Date. After the Take-Over, the Company shall install permanent posts to demarcate the boundary of the Demised Premises and install a security fence on the perimeter of the Demised Premises. (b) At any time, on and after the Take-Over and prior to the Possession Date, the Company shall be entitled to enter the Demised Premises for the purpose of carrying out such surveys, site investigations and other inspections as the Company considers necessary provided that the Company has given BPDB reasonable advance written notice of such intention to enter the Demised Premises.