Common use of Transfer of Maintenance Depots Clause in Contracts

Transfer of Maintenance Depots. 24.1.1 The Maintenance Depots shall, in accordance with the provisions of this Agreement, be transferred to the Authority upon Termination of this Agreement. The Parties expressly agree that for and in respect of the transfers hereunder, the provisions of Article 33 shall apply mutatis mutandis. 24.1.2 Upon transfer of Maintenance Depots hereunder, all equipment, charging stations, transformers, machinery, building, structures, hardware, software and other assets comprising the Maintenance Depots shall vest in the Authority without any Encumbrance.

Transfer of Maintenance Depots. 24.1.1 The Maintenance Depots shall, in accordance with the provisions of this Agreement, be transferred to the Authority upon Termination of this Agreement. The Parties expressly agree that for and in respect of the transfers hereunder, the provisions of Article 33 shall apply mutatis mutandis. 24.1.2 Upon transfer of Maintenance Depots hereunder, all equipment, charging stations, transformers, machinery, building, structures, hardware, software and other assets comprising the Maintenance Depots shall vest in the Authority without any Encumbrance.

Transfer of Maintenance Depots. 24.1.1 The Maintenance Depots shall, in accordance with the provisions of this Agreement, be transferred to the Authority upon Termination of this Agreement. The Parties expressly agree that for and in respect of the transfers hereunder, the provisions of Article 33 shall apply mutatis mutandis. 24.1.2 Upon transfer of Maintenance Depots hereunder, all equipment, charging stations, transformers, machinery, building, structures, hardware, software and other assets comprising the Maintenance Depots shall vest in the Authority without any EncumbranceEncumbrance except e-Buses and chargers.