Project and Project Site Sample Clauses
The 'Project and Project Site' clause defines the specific scope of work and the physical location where the contracted activities will take place. It typically outlines the boundaries of the project site, describes the nature of the project, and may include details such as addresses, site maps, or reference to plans and specifications. By clearly identifying both the project and its site, this clause ensures all parties have a mutual understanding of where and what work is to be performed, thereby reducing the risk of disputes over scope or location.
Project and Project Site. (a) For purposes of this Agreement, as between Seller and Buyer: (i) Seller shall have care, custody, and control of (A) the Closing Assets through the Closing and (B) without limiting Article II (The Work) or Buyer’s rights under Section 12.3(b), the Work (other than Work in respect of a Closing Asset) through Final Completion or, with respect to warranty Work or any other Work following Final Completion, the completion of such Work; (ii) subject to Section 12.1(b), Buyer shall have care, custody, and control of the Closing Assets after the Closing; (iii) subject to Section 11.2(b), Seller shall have care, custody, and control of each Post- Closing Project Asset until the vesting of title in such Post-Closing Project Asset in Buyer; and
Project and Project Site. The “Project” is demolition of all buildings and structures in accordance with this Demolition Agreement on the property located at and on the Project Site.
Project and Project Site. (a) For purposes of this Agreement, as between Seller and Buyer: (i) Seller shall have care, custody, and control of (A) the Closing Assets through the Closing and
Project and Project Site. (a) For purposes of this Agreement, and without limiting Seller’s obligations under this Agreement and any Ancillary Agreement with respect to the Project Site and the performance of the Work (including warranty Work) after the Closing, as between Seller and Buyer: (i) Seller shall have care, custody, and control of the Closing Assets through the Closing; (ii) Buyer shall have care, custody, and control of the Closing Assets after the Closing; (iii) Seller shall have care, custody, and control of each Post-Closing Project Asset until the vesting of title in such Post-Closing Project Asset in Buyer pursuant to Section 11.2; and (iv) Buyer shall have care, custody, and control of each Post-Closing Project Asset from and after the vesting of title in such Post-Closing Project Asset in Buyer, subject in each case of clauses (i)-(iv) to Section 12.1(b).
(b) Notwithstanding Section 11.2(b) and Section 12.1(a), but subject to Buyer’s (or any of its Affiliates’ or agents’) express instructions to Seller pursuant to Section 20.19 or the MISO Agreement with respect to operation of the Project, Buyer hereby delegates to Seller and Seller hereby assumes responsibility for the care, custody, and control (including protection, security, and safekeeping) of the Project Assets (including the Project and the Project Site) through the Substantial Completion Payment Date (and, with respect to any Project Asset that has not been but will be incorporated into the Project on or prior to Final Completion, through such later time as the same is incorporated into the Project). Without limiting the foregoing, Seller shall be responsible, at its sole cost and expense (except to the extent otherwise expressly provided in this Agreement or any Ancillary Agreement, including the MISO Agreement), for the operation (subject to Buyer’s (or any of its Affiliates’ or agents’) express instructions to Seller pursuant to Section 20.19 or the MISO Agreement) and maintenance of the Project through the Substantial Completion Payment Date. In furtherance of the foregoing, Seller shall develop, as part of the Project Execution Plan, plans for, among other things, the care, custody, and control (including protection, security, and safekeeping) of the Project Assets (including the Project and the Project Site) and other property at the Project Site and the health and safety of individuals on the Project Site during the period Seller has responsibility therefor according to this Section 12.1(b). Selle...