Common use of ASSIGNMENT AND USE Clause in Contracts

ASSIGNMENT AND USE. For the best achievement of the objectives of cooperation and to generate a closer cooperation environment, CONICET assigns, free of charge and hereby to INDEAR, for a period of thirty (30) years, the use of an area of 5115.12 m2 who claims to be its property, hereinafter the “Area ” on the grounds of the Regional Centre for Research and Development “▇▇▇▇▇▇▇”, hereinafter “the CERIDER”. The characteristics and size of the Area are detailed in the document Appendix A, part of this Agreement. INDEAR uses the Area in accordance with the purpose set forth in the SEVENTH provision of this Agreement. FIFTH: COMMINTMENTS OF INDEAR INDEAR agrees to: a. Build and furnish, by itself or through third parties, a suitable building for the operation of INDEAR in an Area whose surface, location and design are detailed in a document as Exhibit B that is part of this agreement. b. Request and obtain authorization of the relevant public agencies, if needed, to affect existing trees in the area because of the construction. Furthermore, INDEAR agrees to plant and care for 10 trees on the urbanization campus of CERIDER for every tree that may be affected by reason of the building. c. Contribute to the common expenses arising from the maintenance of CERIDER premises (whose concepts are described exhaustively in a list accompanying this Agreement as Appendix C) along the duration of the assignment of use by INDEAR. The amount thereof shall be determined annually by the Board of CERIDER in proportion to the occupancy and use of the spaces that INDEAR, the institutes of CONICET, CERIDER itself and / or third parties make of the spaces. d. Deliver, in perfect condition, the Area, except for normal wear and use, at the termination of the assignment of use. e. At the end of the Area assignment of use, INDEAR agrees to donate to CONICET the building and building improvements made in accordance with the FITH provision, point a) of this Agreement. Equipment or other movable property of INDEAR that are in the Area shall remain the exclusive property of INDEAR and at its disposal. Appoint the Director of CERIDER, or whoever CONICET decides, as a member of the external advisory board of INDEAR.