Examples of Asset Demarcation Agreement in a sentence
Before the Closing Date Seller shall identify, number, and provide 30 Buyer with a duplicate set of the most current drawings, labeled as "Common" that represent equipment or facilities that are identified in the Asset Demarcation Agreement.
Upon completion of any modifications to equipment or facilities that are identified in the Asset Demarcation Agreement, the Party initiating the modifications shall issue "as built" drawings to the other Party.
This Agreement, together with the Purchase and Sale Agreement and the Related Agreements as defined therein, and the Asset Demarcation Agreement and the Schedules attached thereto, constitutes the entire understanding between the Parties, and supersedes any and all previous understandings, oral or written, which pertain to the subject matter contained herein or therein.
The Asset Demarcation Agreement delineates certain facilities that will be part of the Acquired Assets or the T&D Assets, which are supported on or within structures or buildings belonging to the other Party (the "Structural Facilities").
Before making any modification to equipment or portions of the facilities that are identified in the Asset Demarcation Agreement, the Party desiring to make the change shall submit the proposed change to the other Party for review.