Handover and takeover definition

Handover and takeover point” denotes the virtual trading point THE (hereinafter referred to as “VTP THE”) at which the fuel gas quantities are handed over by the Fuel Gas Seller to ONTRAS.
Handover and takeover point” denotes the virtual trading point at which the fuel gas quantities are handed over by the FUEL GAS SELLER to GASCADE. At the time the agreement was concluded this was the GASPOOL virtual trading point; and from 1 October 2021 it is anticipated to be the Trading Hub Europe (THE) virtual trading point.

Examples of Handover and takeover in a sentence

  • Installation, Commissioning, Demonstration of Operation and Handover and Takeover of Device Handover and takeover of the device hereunder includes its installation in the installation premises, configuration in the place of performance and verification of correct functionality with the participation of representatives of the Purchaser and Seller.

  • Handover and takeover of each Ordered Work will take place on the basis of the acceptance procedure which has following stages: Pilot operation which includes handover of source codes pursuant to sub.

  • Handover and takeover of each Ordered Work will take place on the basis of the acceptance procedure which has following stages, if Parties have not agreed otherwise: Verificaton Operation Penetration test (unless the Customer specifically determines that the Penetration test is not required for Handover and Takeover of the Ordered Work pursuant to art.

  • Handover of the Object of purchase Handover and takeover of the Object of Purchase shall be realized on the basis of a verification protocol.

  • Handover and takeover of each Ordered Work will take place on the basis of the acceptance procedure which has two stages: Pilot operation which includes handover of source codes pursuant to sub.

  • Handover and takeover of each Ordered Work will take place on the basis of the acceptance procedure which has following stages, if Parties have not agreed otherwise: Pilot Operation which includes handover of source codes pursuant to sub.

  • To specify the rights and obligations of Party A and Party B under this contract, according to the stipulations in 11-3 of this contract, after negotiation, both parties agree on the following additional clauses: Clause I: Handover and takeover of house When Party A hands over the house to Party B, both parties shall check the house according to the existing furnishing and facilities as listed in Appendix 1 of this contract, and sign on a form of handover.