Common use of Transfer of Assets Clause in Contracts

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six months period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidder. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. (i) On the Transfer Date, the Concessionaire shall subject to the provisions of this Agreement: (A) transfer, assign and deliver to the Authority or its nominated agency, free and clear of any Encumbrances, the vacant and peaceful possession of the Project Facilities, Project Assets and the Site along with the buildings, facilities and structures constructed on, over, at or under it and its right, and interest in and to the Project the Project Assets. (B) transfer all its rights and interest in or over the tangible assets comprised in the Project (including movable assets which the Authority agrees to take over) to the Authority or its nominated agency and execute such deeds and documents as may be necessary for the purpose and complete all legal or other formalities required in this regard. (C) hand over to the Authority or its nominated agency all documents including as building drawings, manuals, designs, documents, information and records relating to the Project and the Project Assets. (D) to the extent possible assign to the Authority or its nominated agency at the time of transfer all unexpired guarantees and warranties by Subcontractors and suppliers and all insurance policies. (E) at its cost remove from the Site all such moveable assets which are not taken over by or transferred/assigned to the Authority or its nominated agency. In the event the Concessionaire fails to remove such objects within the stipulated time, the Authority or its nominated agency may remove and transport or cause removal, transportation and storage of such objects, after giving the Concessionaire notice of its intention to do so to a suitable location for safe storage. The selected bidder Concessionaire shall be liable to bear the reasonable cost and the risk of such removal, transportation and storage. (F) The transfer of immovable property comprising the Project and the Project Assets shall be deemed to be a termination of all leasehold arrangements or licenses in relation to the Site and all such immovable property shall automatically revert to the Authority or its nominated agency. The movable property comprising the Project and the Project Assets shall be deemed to be transferred by delivery and possession. (G) The ADCL and the Concessionaire shall at least 6 (Six) Months prior to the expiry of the Concession Period or upon commencement of Termination Period, as the case may continue work be, promptly agree upon the modalities and take all necessary steps to complete the aforesaid process of transfer of assets on the assets for the duration of the exit management period which may be a six months period from the date of expiry or termination of the agreement, if required by RISL to do soTransfer Date. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications designated key personnel of the bidding document including ADCL shall be associated with the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer operations of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name Project in order to facilitate smooth takeover of the department as desired same by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred ADCL on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidderTransfer Date. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. (i) On the Transfer Date, the Concessionaire shall subject to the provisions of this Agreement: (A) transfer, assign and deliver to the Authority or its nominated agency, free and clear of any Encumbrances, the vacant and peaceful possession of the Project Facilities, Project Assets and the Site along with the buildings, facilities and structures constructed on, over, at or under it and its right, and interest in and to the Project the Project Assets. (B) transfer all its rights and interest in or over the tangible assets comprised in the Project (including movable assets which the Authority agrees to take over) to the Authority or its nominated agency and execute such deeds and documents as may be necessary for the purpose and complete all legal or other formalities required in this regard. (C) hand over to the Authority or its nominated agency all documents including as building drawings, manuals, designs, documents, information and records relating to the Project and the Project Assets. (D) to the extent possible assign to the Authority or its nominated agency at the time of transfer all unexpired guarantees and warranties by Subcontractors and suppliers and all insurance policies. (E) at its cost remove from the Site all such moveable assets which are not taken over by or transferred/assigned to the Authority or its nominated agency. In the event the Concessionaire fails to remove such objects within the stipulated time, the Authority or its nominated agency may remove and transport or cause removal, transportation and storage of such objects, after giving the Concessionaire notice of its intention to do so to a suitable location for safe storage. The selected bidder Concessionaire shall be liable to bear the reasonable cost and the risk of such removal, transportation and storage. (F) The transfer of immovable property comprising the Project and the Project Assets shall be deemed to be a termination of all leasehold arrangements or licenses in relation to the Site and all such immovable property shall automatically revert to the Authority or its nominated agency. The movable property comprising the Project and the Project Assets shall be deemed to be transferred by delivery and possession. (G) The ADCL and the Concessionaire shall at least 6 (six) months prior to the expiry of the Concession Period or upon commencement of Termination Period, as the case may continue work be, promptly agree upon the modalities and take all necessary steps to complete the aforesaid process of transfer of assets on the assets for the duration of the exit management period which may be a six months period from the date of expiry or termination of the agreement, if required by RISL to do soTransfer Date. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications designated key personnel of the bidding document including ADCL shall be associated with the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer operations of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name Project in order to facilitate smooth takeover of the department as desired same by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred ADCL on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidderTransfer Date. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six 3 months period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department <department> as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidder. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. (i) On the Transfer Date, the Developer shall subject to the provisions of this Agreement : 1. transfer, assign and deliver to DMA or its nominated agency the Project and the Project Assets, including vacant possession of all buildings, facilities and structures relating thereto and its right, title and interest therein. 2. transfer all its rights, titles and interest in or over the tangible assets comprised in the Project to DMA or its nominated agency and execute such deeds and documents as may be necessary for the purpose and complete all legal or other formalities required in this regard. 3. hand over to DMA or its nominated agency all documents including as built drawings, manuals, designs, documents, information and records relating to the Project and the Project Assets. 4. to the extent possible assign to DMA or its nominated agency at the time of transfer all unexpired guarantees and warranties by Subcontractors and suppliers and all insurance policies. 5. at its cost remove from the Site all such moveable assets which are not taken over by or transferred/assigned to DMA or its nominated agency. In the event the Developer fails to remove such objects within the stipulated time, DMA or its nominated agency may remove and transport or cause removal and transportation of such objects, after giving the Developer notice of its intention to do so to a suitable location for safe storage. The selected bidder Developer shall be liable to bear the reasonable cost and the risk of such removal, transportation and storage. 6. All proceeds of insurance claims shall be handed over to DMA or its nominated agency and the Developer or Persons claiming through or under it shall have no claim thereon or rights thereto. (ii) The transfer of immovable property comprising the Project and the Project Assets shall be deemed to be a termination of all arrangements or licenses in relation thereto and title to all such immovable property shall automatically revert to DMA or its nominated agency. The movable property comprising the Project and the Project Assets shall be deemed to be transferred by delivery and possession. (iii) DMA and the Developer shall at least 45 (fourty five) days prior to the expiry of the Concession Period or upon commencement of Termination Period, as the case may continue work be, promptly agree upon the modalities and take all necessary steps to complete the aforesaid process of transfer of assets on the assets for the duration of the exit management period which may be a six months period from the date of expiry or termination of the agreement, if required by RISL to do soTransfer Date. During this period, the selected bidder will transfer all designated key personnel of DMA shall be associated with the operations of the Project in order to facilitate smooth takeover of the same by DMA on the Transfer Date. (iv) It is clarified that only the assets in good working condition and as per the specifications of the bidding document Developer shall be taken over and not the liabilities, including without limitation liabilities relating to labour and personnel related obligations of the ones being upgraded to Developer and the department/ designated agencyPersons claiming through or under the Developer. The security deposit/ performance security submitted by selected bidder will only All such labour and employees shall be returned its responsibility of the Developer/such Persons even after the successful transfer expiry of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name Concession Period and they shall have no claim to any type of the department as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C employment or compensation from DMA or its nominated agencies with a complete agency. (v) On the Transfer Date the Project and up-to-date list the Project Assets shall be in fair condition, subject to normal wear and tear, having regard for the nature of the assets within 30 days asset, the construction and life of the facilities, constructions, structures etc. (vi) The Licensing Arrangements and the agreements with Subcontractors shall be terminated and the Developer, Licensees, the Subcontractors, and all Persons claiming through or under them shall, forthwith vacate the Site/Project without demur or delay. (vii) If on the Transfer Date, any Person is found to be occupying the Site, the Project or Project Assets or any part thereof, it shall be lawful for DMA to secure summary eviction of such noticePerson in accordance with the Applicable Laws. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidder. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six months aas decided by purchaser period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department RISL as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies.. Rate Contract for Selection of Logistic Partner for e-Bazaar b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidder. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six 3 months period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department <department> as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that Rate Contract for Setting up of IT Fun City (Interactive Digital Amusement Gallery) at Jaipur all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidder. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six months aas decided by purchaser period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department RISL as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - Rate Contract for Selection of Logistic Partner for e-Bazaar a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidder. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. (i) On the Transfer Date, the Concessionaire shall subject to the provisions of this Agreement: (A) transfer, assign and deliver to the Grantor / Authority or its nominated agency, free and clear of any Encumbrances, the possession of the Project Facilities, Project Assets and the Site along with the buildings, facilities and structures constructed on, over, at or under it and its right, and interest in and to the Project Assets. (B) transfer all its rights and interest in or over the tangible assets comprised in the Project (including movable assets which the Grantor / Authority agrees to take over) to the Grantor / Authority or its nominated agency and execute such deeds and documents as may be necessary for the purpose and complete all legal or other formalities required in this regard. (C) hand over to the Grantor / Authority or its nominated agency all documents including as building drawings, manuals, designs, documents, information and records relating to the Project and the Project Assets. (D) to the extent possible assign to the Grantor / Authority or its nominated agency at the time of transfer all unexpired guarantees and warranties by Subcontractors and suppliers and all insurance policies. (E) at its cost remove from the Site all such moveable assets which are not taken over by or transferred/assigned to the Grantor / Authority or its nominated agency. In the event the Concessionaire fails to remove such objects within the stipulated time, the Grantor / Authority or its nominated agency may remove and transport or cause removal, transportation and storage of such objects, after giving the Concessionaire notice of its intention to do so to a suitable location for safe storage. The selected bidder Concessionaire shall be liable to bear the reasonable cost and the risk of such removal, transportation and storage. (F) The transfer of immovable property comprising the Project and the Project Assets shall be deemed to be a termination of all leasehold arrangements or licenses in relation to the Site and all such immovable property shall automatically revert to the Grantor / Authority or its nominated agency. The movable property comprising the Project and the Project Assets shall be deemed to be transferred by delivery and possession. (G) The NFDB and the Concessionaire shall at least 6 (six) Months prior to the expiry of the Concession Period or upon commencement of Termination Period, as the case may continue work be, promptly agree upon the modalities and take all necessary steps to complete the aforesaid process of transfer of assets on the assets for the duration of the exit management period which may be a six months period from the date of expiry or termination of the agreement, if required by RISL to do soTransfer Date. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications designated key personnel of the bidding document including NFDB shall be associated with the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer operations of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name Project in order to facilitate smooth takeover of the department as desired same by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred NFDB on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidderTransfer Date. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on (i) On the assets for the duration of the exit management period which may be a six months period from the date of expiry or termination of the agreement, if required by RISL to do so. During this periodTransfer Date, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded Concessionaire shall subject to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer provisions of the entire project including its infrastructure.this Agreement: ii. The selected bidder(A) Transfer, if not already done, will transfer all the Software Licenses under the name of the department as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase assign and the operation and management phase shall be entitled to serve notice in writing deliver to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C Concessioning Authority or its nominated agencies with a complete agency, free and up-to-date list clear of any Encumbrances, the vacant and peaceful possession of the assets within 30 days of such noticeProject, Project Facilities, Project Assets and the Project Location along with the buildings, facilities and structures constructed on, over, at or under it and its right, title and interest in and to the Project the Project Assets. iv. Upon service of a notice(B) transfer all its rights, as mentioned above, titles and interest in or over the following provisions shall apply: - a. In tangible assets comprised in the event, if the Project (including movable assets which the Concessioning Authority agrees to be transferred take over) to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL Concessioning Authority or its nominated agenciesagency and execute such deeds and documents as may be necessary for the purpose and complete all legal or other formalities required in this regard. b. All title of (C) hand over to the assets to be transferred to RISL Concessioning Authority or its nominated agencies pursuant agency all documents including built drawings, manuals, designs, documents, information and records relating to clause(sthe Project and the Project Assets. (D) above to the extent possible assign to the Concessioning Authority or its nominated agency at the time of transfer all unexpired guarantees and warranties by Subcontractors and suppliers and all insurance policies. (E) at its cost remove from the Project Location all such moveable assets which are not taken over by or transferred/assigned to the Concessioning Authority or its nominated agency. In the event the Concessionaire fails to remove such objects within the stipulated time, the Concessioning Authority or its nominated agency may remove and transport or cause removal and transportation of such objects, after giving the Concessionaire notice of its intention to do so to a suitable location for safe storage. The Concessionaire shall be transferred on liable to bear the last day reasonable cost and the risk of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected biddersuch removal, transportation and storage. c. That on the expiry (F) All proceeds of this clause, the selected bidder and any individual assigned for the performance of the services under this clause insurance claims shall handover or cause to be handed over all confidential information to the Concessioning Authority or its nominated agency and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISLConcessionaire or Persons claiming through or under it shall have no claim thereon or rights thereto. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six 3 months period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department <department> as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice.. Rate Contract for Setting up of Interactive Digital Amusement Gallery during various events iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidder. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six 3 months period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department <department> as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidder.. Rate Contract for Setting up of Interactive Digital Amusement Gallery during various events c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six months period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase 2.1 MHRD shall be entitled to serve notice in writing to on the selected bidder BIDDER at any time during the exit management period as detailed hereinabove requiring the selected bidder BIDDER and/or its Consortium partners to provide DoIT&C or its nominated agencies MHRD with a complete and up-to-up to date list of the assets Assets within 30 days of such notice. MHRD shall then be entitled to serve notice in writing on the BIDDER at any time prior to the date that is 30 days prior to the end of the exit management period requiring the BIDDER to sell the Assets, if any, to be transferred to MHRD or its nominated agencies at book value as determined as of the date of such notice in accordance with the provisions of relevant laws. iv. 2.2 In case of contract being terminated by MHRD, MHRD reserves the right to ask BIDDER to continue running the project operations for a period of 6 months after termination orders are issued. 2.3 Upon service of a notice, as mentioned above, notice under this Article the following provisions shall apply: -: a. In (i) in the event, if the assets which Assets to be transferred to RISL are mortgaged to any financial institutions by the selected bidderBIDDER, the selected bidder BIDDER shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agenciesMHRD. b. (ii) All risk in and title of to the assets Assets to be transferred / to RISL or its nominated agencies be purchased by MHRD pursuant to clause(s) above this Article shall be transferred to MHRD, on the last day of the exit management period. All expenses occurred during transfer . (iii) MHRD shall pay to the BIDDER on the last day of assets the exit management period such sum representing the Net Block (procurement price less depreciation as per provisions of Companies Act) of the Assets to be transferred as stated in the Terms of Payment Schedule. (iv) Payment to the outgoing BIDDER shall be borne made to the tune of last set of completed services / deliverables, subject to SLA requirements. (v) The outgoing BIDDER will pass on to MHRD and/or to the Replacement BIDDER, the subsisting rights in any leased properties/ licensed products on terms not less favorable to MHRD/ Replacement BIDDER, than that enjoyed by the selected bidderoutgoing BIDDER. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six (6) months period from the date of expiry or termination of the agreement, agreement if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document document, including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by the selected bidder bidder, will only be returned after the successful transfer of the entire project project, including its infrastructureinfrastructure (if any). ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department RISL as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: -: a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during the transfer of assets shall be borne by the selected bidder. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, supplied software & documents documents, etc., used by a selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on On the assets for the duration of the exit management period which may be a six months period from the date of expiry or termination of the agreement, if required by RISL to do so. During this periodtermination, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded Concessionaire shall subject to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer provisions of this Agreement: (i) Hand over/surrender and peaceful possession of the entire project including its infrastructure. iiProject Facility, free from all encumbrances, to Concessioning Authority free of cost. The selected biddercondition of hotel assets to be transferred in all cases other than Force Majeure shall be such that the hotel facilities are good for at least another five years at the same level of service. In case Concessioning Authority is forced to incur expenditure towards there end due to Concessionaire Event of Default, if not already done, it will transfer all the Software Licenses under the name of the department as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice recover the same from the Performance Security or any other money due or by direct demand. (ii) Transfer all its rights, titles and interest in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of over the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, comprised in the following provisions shall apply: - a. In the event, if the assets Project which are required to be transferred to RISL mortgaged Concessioning Authority in accordance with this Agreement and execute such deeds and documents as may be necessary for the purpose and complete all legal or other formalities required in this regard. (iii) All Project Assets shall have been renewed and cured of all defects and deficiencies as necessary so that the Project is in accordance with the specifications & standards mutually decided upon. (iv) Hand over to any Concessioning Authority all documents including as- built drawings, manuals and records relating to construction, operation and maintenance of the Project and a certificate from his statutory auditors stating zero financial institutions encumbrance on the Project; (v) For the purpose of Handing Over at termination, the Concessionaire within three year of Hotel facilities becoming operations shall prepare jointly with Concessioning Authority the list of all the moveable and immoveable assets including expected life span, cost of acquisition and replacement cost of the assets. Such a statement shall be periodically updated by the selected bidderConcessionaire for any change. Also Five years before the end of the Concession Period a joint committee of Concessionaire and Concessioning Authority and (if found necessary an Independent Consultant) may review the list and state of the facilities and shall determine the responsibilities of the Concessionaire for upkeep, maintenance and replacement of plant and equipment if any, before the selected bidder shall end of Concessioning Period to ensure that hotel facilities are good for operation for at least five years at similar level of service after Concession period is over . (vi) At its cost remove from the Site all such liens and liabilities have been cleared beyond moveable assets, which are not taken over by or transferred to the Concessioning Authority. It is hereby agreed between the parties that the Concessionaire or the sub- contractor or any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities other person acting through or under them shall be furnished to RISL or its nominated agencies. b. All title not remove any of the assets Project Facilities at Site including all equipment and other fixtures attached to the Project Facilities and shall remove only movables which can be transferred removed without causing any damage to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidderstructure. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six months period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time Rate Contract for Supply of Digital Signature Certificates (with USB Tokens) and Server SSL Certificates during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidder. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six two months period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department RISL as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide RISL/ DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidder. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six months period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department RISL/DoIT&C as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time Rate Contract for Proc. of MS-Exchange Server Licenses, Device CALs including Support Services during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on or before the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidder. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology licenses delivered to RISL RISL/DoIT&C during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL./DoIT&C.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six 3 months period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department <department> as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidder.. Rate Contract for Setting up of Interactive Digital Amusement Gallery at Permanent Centers (Digital Museum) c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a <six months months> period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department <department> as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In x. Xx the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidder. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six months months> period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department <department> as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidder. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six months months’ period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department RISL as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-to- date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies.. Rate contract for Printing and Delivery of PVC Cards and other documents (Before Pre-Bid) b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidder. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six months aas decided by purchaser period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department RISL as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - Final RFP-Rate Contract for Selection of Logistic Partner for e-Bazaar a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidder. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six months period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase 2.1 Nodal Agency shall be entitled to serve notice in writing to on the selected bidder SI at any time during the exit management period as detailed hereinabove requiring the selected bidder SI and/or its sub contractors to provide DoIT&C or its nominated agencies the Nodal Agency with a complete and up-to-up to date list of the assets Assets within 30 days of such notice. Nodal Agency shall then be entitled to serve notice in writing on the SI at any time prior to the date that is 30 days prior to the end of the exit management period requiring the SI to sell the Assets, if any, to be transferred to Nodal Agency or its nominated agencies at book value as determined as of the date of such notice in accordance with the provisions of relevant laws. iv. 2.2 In case of contract being terminated by Nodal Agency, Nodal Agency reserves the right to ask SI to continue running the project operations for a period of 6 months after termination orders are issued. 2.3 Upon service of a notice, as mentioned above, notice under this Article the following provisions shall apply: -: a. In (i) in the event, if the assets which Assets to be transferred to RISL are mortgaged to any financial institutions by the selected bidderIA, the selected bidder SI shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agenciesthe Nodal Agency. b. (ii) All risk in and title of to the assets Assets to be transferred / to RISL or its nominated agencies be purchased by the Nodal Agency pursuant to clause(s) above this Article shall be transferred to Nodal Agency, on the last day of the exit management period. All expenses occurred during transfer . (iii) Nodal Agency shall pay to the SI on the last day of assets the exit management period such sum representing the Net Block (procurement price less depreciation as per provisions of Companies Act) of the Assets to be transferred as stated in the Terms of Payment Schedule. (iv) Payment to the outgoing SI shall be borne made to the tune of last set of completed services / deliverables, subject to SLA requirements. (v) The outgoing SI will pass on to Nodal Agency and/or to the Replacement IA, the subsisting rights in any leased properties/ licensed products on terms not less favorable to Nodal Agency/ Replacement IA, than that enjoyed by the selected bidderoutgoing IA. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six months period from the date of expiry or termination of the agreement, if required by RISL to do soThisclauseisvalidtillthedateofexpiryornoticeofterminationoftheAgreement after whichtheassetshave tobetransferred toBSCDCL.  During this period, the selected bidder Successful Concessionaire will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agencyBSCDCL.  The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidderConcessionaire, if not already done, will shall transfer all the Software Licenses right to use software licenses under the name of the department as desired by the procuring entity BSCDCL during the exit management period. iiiExit Management Period. RISL during The Concessionaire shall also transfer all the project implementation phase relevant Software Passwords, User Names and Keys. If such a transfer of Assets happens before the operation expiry of Work Contract Period, Parties shall mutually discuss and management phase agree on the transfer value of the Assets together with the termination and transfer assistance fee.  The Successful Concessionaire shall be entitled to serve use the Assets for the duration of the exit management period which shall be three months from the date of expiry or notice of termination of the Agreement.  For any material breach on the part of Concessionaire during the Project Implementation Phase and Operation & Management Phase, BSCDCL is entitled to provide notice in writing to on the selected bidder Concessionaire at any time during the exit management period as detailed here in above requiring the selected bidder Concessionaire to provide DoIT&C the department or its nominated agencies with a complete and up-to-up to date list of the assets Assets within 30 days of such notice. iv. Upon service of a notice, notice as mentioned in point above, the following provisions shall apply: - a. In  All risk in and title to the event, if the assets which Assets to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred BSCDCL on the last day of the exit management period. All expenses occurred incurred during transfer of assets shall be borne by the selected bidder. c. Successful Concessionaire.  That on the expiry of this clause, the selected bidder Successful Concessionaire and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information must hand overall Confidential Information and all other related material materials in its possession, including all the entire established infrastructure software and hardware supplied by selected bidder Concessionaire under this clause to RISLthe department.  As Concessionaire is supposed to provide 10 years ((extendable up to 15 years)) of comprehensive maintenance of all the hardware/Software as detailed in RFP, Concessionaire must ensure that all the items are in working condition with support of OEM related to repair/replacement/availability of spare parts for at least 05 years at the time of exit. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six months as decided by purchaser period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department RISL as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidder. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.. Rate Contract for GPU based Workstations for WS&APS with Five Years O&M

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six months period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department as departmentas desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies.. Rate Contract for Supply, Installation and FMS of Edge equipment’s under City Surveillance project for seven Cities (After Pre-bid) b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidder. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a six months months’ period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department RISL as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-to- date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies.. Rate contract for Printing and Delivery of PVC Cards and other documents (After Pre-Bid) b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidder. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.

Transfer of Assets. i. The selected bidder may continue work on the assets for the duration of the exit management period which may be a <six months months> period from the date of expiry or termination of the agreement, if required by RISL to do so. During this period, the selected bidder will transfer all the assets in good working condition and as per the specifications of the bidding document including the ones being upgraded to the department/ designated agency. The security deposit/ performance security submitted by selected bidder will only be returned after the successful transfer of the entire project including its infrastructure. ii. The selected bidder, if not already done, will transfer all the Software Licenses under the name of the department <department> as desired by the procuring entity during the exit management period. iii. RISL during the project implementation phase and the operation and management phase shall be entitled to serve notice in writing to the selected bidder at any time during the exit management period requiring the selected bidder to provide DoIT&C or its nominated agencies with a complete and up-to-date list of the assets within 30 days of such notice. iv. Upon service of a notice, as mentioned above, the following provisions shall apply: - a. In the event, if the assets which to be transferred to RISL mortgaged to any financial institutions by the selected bidder, the selected bidder shall ensure that all such liens and liabilities have been cleared beyond any doubt, prior to such transfer. All documents regarding the discharge of such lien and liabilities shall be furnished to RISL or its nominated agencies. b. All title of the assets to be transferred to RISL or its nominated agencies pursuant to clause(s) above shall be transferred on the last day of the exit management period. All expenses occurred during transfer of assets shall be borne by the selected bidder. c. That on the expiry of this clause, the selected bidder and any individual assigned for the performance of the services under this clause shall handover or cause to be handed over all confidential information and all other related material in its possession, including the entire established infrastructure supplied by selected bidder to RISL. d. That the products and technology delivered to RISL during the contract term or on expiry of the contract duration should not be sold or re-used or copied or transferred by selected bidder to other locations apart from the locations mentioned in the this bidding document without prior written notice and approval of RISL. Supplied hardware, software & documents etc., used by selected bidder for RISL shall be the legal properties of RISL.