Common use of Transfer of Assets / AMI Solution Clause in Contracts

Transfer of Assets / AMI Solution. a) Utility shall be entitled to serve notice in writing on the AMISP at any time during the Exit Management Period requiring the AMISP and/or its sub-contractor to provide the Utility with a complete and up to date list of the Assets within 30 (thirty) days of such notice. Utility shall also be entitled to serve notice in writing on the AMISP at any time prior to the end of the Exit Management Period requiring the AMISP to transfer to the Utility or its nominated agencies in accordance with Article 9. b) In case of contract being terminated by Utility, Utility reserves the right to ask AMISP to continue running the project operations for a period of 3 months after termination orders are issued. In case of contract being terminated by AMISP, Utility reserves the right to ask the AMISP to continue running the project operations for a period of 6 (six) months after termination notice is served by AMISP. In such case, payments during the Exit Management Period shall be made in accordance with the Article 6.2 and

Appears in 2 contracts

Samples: Contract for Appointment of Advanced Metering Infrastructure (Ami) Service Provider, Contract for Appointment of Advanced Metering Infrastructure (Ami) Service Provider

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Transfer of Assets / AMI Solution. a) Utility shall be entitled to serve notice in writing on the AMISP at any time during the Exit Management Period requiring the AMISP and/or its sub-contractor to provide the Utility with a complete and up to date list of the Assets within 30 (thirty) days of such notice. Utility shall also be entitled to serve notice in writing on the AMISP at any time prior to the end of the Exit Management Period requiring the AMISP to transfer to the Utility or its nominated agencies in accordance with Article 9. b) In case of contract being terminated by Utility, Utility reserves the right to ask AMISP to continue running the project operations for a period of 3 months after termination orders are issued. In case of contract being terminated by AMISP, Utility reserves the right to ask the AMISP to continue running the project operations for a period of 6 (six) months after termination notice is served by AMISP. In such case, payments during the Exit Management Period shall be made in accordance with the Article 6.2 andArticle

Appears in 2 contracts

Samples: Appointment of Ami Service Provider for Smart Prepaid Metering, Appointment of Ami Service Provider for Smart Prepaid Metering

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Transfer of Assets / AMI Solution. a) Utility shall be entitled to serve notice in writing on the AMISP at any time during the Exit Management Period requiring the AMISP and/or its sub-contractor to provide the Utility with a complete and up to date list of the Assets within 30 (thirty) days of such notice. Utility shall also be entitled to serve notice in writing on the AMISP at any time prior to the end of the Exit Management Period requiring the AMISP to transfer to the Utility or its nominated agencies in accordance with Article 9. b) . In case of contract being terminated by Utility, Utility reserves the right to ask AMISP to continue running the project operations for a period of 3 months after termination orders are issued. In case of contract being terminated by AMISP, Utility reserves the right to ask the AMISP to continue running the project operations for a period of 6 (six) months after termination notice is served by AMISP. In such case, payments during the Exit Management Period shall be made in accordance with the Article 6.2 andArticle

Appears in 1 contract

Samples: Model Contract for Appointment of Ami Service Provider for Smart Prepaid Metering

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