Common use of Handover of Project Site Clause in Contracts

Handover of Project Site. (a) The EDMC shall, subject to submission of Performance Security, within 30 days from the date of this Agreement, grant permission/ licence to the Concessionaire to enter upon and utilise the Site for the construction pursuant to and purpose of implementing the Project in accordance with this Agreement. (b) Upon the permission being granted pursuant to the preceding sub-article 3.1 (a) the Concessionaire shall, subject to the provisions of Article 5, have the right to enter upon, occupy and use the same and to make at its costs, charges and expenses such investigation, development and improvements in the Project Site as may be necessary or appropriate to develop implement the Project and provide Project Facilities in accordance with the provisions of this Agreement. (c) The EDMC shall hand over the Project Site to Concessionaire on as is where basis is for the Term of this Agreement.