Articles of Value Sample Clauses
The 'Articles of Value' clause defines which items, goods, or materials are considered to have significant worth under the terms of the agreement. This clause typically lists or describes specific articles that require special handling, insurance, or security due to their high value, such as jewelry, artwork, or sensitive equipment. By clearly identifying these valuable items, the clause ensures that both parties understand their responsibilities regarding protection, liability, and compensation, thereby minimizing disputes and clarifying risk allocation.
Articles of Value. All fossils, coins, articles of value or antiquity structures and any other remains of geological or archaeological interest discovered on the Demised Premises and the Access Road Corridor shall, as between BPDB and the Company be deemed to be the absolute property of BPDB, and the Company shall at its own expense take all necessary precautions to prevent its employees, representatives and Contractor(s) or other persons from removing or damaging any such article or thing and shall immediately upon discovery thereof, and before removal, acquaint BPDB with such discovery, comply with all requirements of the Laws of Bangladesh pertaining to the same or, if no such requirements relate, comply with the reasonable instructions of BPDB as to the disposal or preservation of the same.
Articles of Value. All archaeological relics, artifacts, minerals, fossils, coins, articles of value or antiquity structures and any other remains of geological or archaeological interest discovered on the Demised Premises and the Access Road Corridor shall, be deemed to be the absolute property of NCC, and the Company shall at its own expense take all necessary precautions to prevent its employees, representatives and Contractor(s) or other persons from removing or damaging any such article or thing and shall immediately upon discovery thereof, and before removal, acquaint NCC with such discovery, comply with all requirements of the Laws of Bangladesh pertaining to the same or, if no such requirements relate, comply with the reasonable instructions of NCC as to the disposal or preservation of the same.
Articles of Value. All fossils, coins, articles of value or antiquity structures and any other remains of geological or archaeological interest discovered on the Demised Premises shall, as between BPDB and the Company be deemed to be the absolute property of BPDB, and the Company shall at its own expense take all necessary precautions to prevent its employees, representatives and Contractor(s) or other persons from removing or damaging any such article or thing and shall immediately upon discovery thereof, and before removal, acquaint BPDB with such discovery, comply with all requirements of the Laws of Bangladesh pertaining to the same or, if no such requirements relate, comply with the reasonable instructions of BPDB as to the disposal or preservation of the same.