Examples of Handback Works in a sentence
The Authority’s Operating Period Representative may, within 20 Business Days after receipt of the Handback Works and Handback Works Plan, review and comment on such plan in accordance with Section 3.9 of Schedule 4.
If it is agreed or determined in accordance with Clause 47 (Expert Determination) that the Toll Road did not, at the Expiry Date, comply in all respects with the Handback Requirements, the Developer shall pay to the Grantor an amount equal to the estimated cost of completing such Handback Works or procuring that the Toll Road comply in all respects with the Handback Requirements.
The Developer shall carry out the Handback Works at its own cost notwithstanding that the actual cost of the Handback Works may be higher than the Handback Amount.
To assure NROCC that THJ will comply with its handback obligations TJH must within 7 days after the Handback Works, the Handback Programme and the Handback Amount is agreed with NROCC or determined by the expert procure that a bank shall deliver to NROCC a bond (“the Handback Bond”) for the Handback Amount.A further joint inspection will be carried no later than one year before the expiration date to determine whether it can reasonably be expected that the Toll Road will meet the Handback Requirements.
If any element of the Toll Road is found to fall short ofthe Handback Requirements, then TJH shall provide to NROCC a proposal to undertake the necessary Handback Works and a plan to carry out such works (“the Handback Programme”) and the estimated cost of such works (“the Handback Amount”).
On agreement, or determination in accordance with Clause 47 (Expert Determination), of the Handback Works, the Handback Programme and/or the Handback Amount (as the case may be), the Developer shall procure that the Handback Works are carried out in accordance with the Handback Programme.
Any notice given by the Grantor's Representative in accordance with Clause 38.9 shall set out each respect in which the Handback Works have not been completed or the Toll Road does not comply with the Handback Requirements and shall state the Grantor's estimate of the cost of procuring that the Toll Road complies in all respects with the Handback Requirements.
The Grantor shall notify the Developer of any Handback Works which are still outstanding and the Developer shall promptly complete such Handback Works at its own cost.
For the avoidance of doubt, the Environmental Condition Survey and the Remediation Handback Works and any Further Remediation Handback Works shall be carried out at the sole cost and expense of the Contractor.
Save in the case of any relevant site to which paragraph 9 applies the Contractor shall procure that the Remediation Handback Works which are the subject of the Remediation Handback Contract are carried out at the relevant Site and completed within the Remediation Handback Period relevant to that Site.