Common use of Transfer of the Premises Clause in Contracts

Transfer of the Premises. 3.6.1.1. The Lessor shall transfer and the Lessee, subject to absence of any defects in the Premises preventing from their use in accordance with the Intended Purpose, shall accept the Premises with the equipment installed in them under an Acceptance Certificate (Appendix 4) to the Agreement within [●] upon the date of signing the Access Certificate signed by the Parties under the Preliminary Lease Agreement. The Lessor’s obligations for transfer of the Premises and the Equipment in them shall be deemed discharged upon signing the Acceptance Certificate. 3.6.1.2. The Lessor shall notify the Lessee of the readiness to transfer the Premises at least three (3) business days before the date specified in this Clause after which the Parties shall jointly inspect the Premises. Based on the results of the inspection, the Lessor shall lease out the Premises to the Lessee, and to confirm the lease the Parties shall sign the Acceptance Certificate for the Premises in the form of Appendix 4 to the Agreement (Acceptance Certificate). 3.6.1.3. In case any minor defects which do not prevent from use of the Premises in accordance with their intended purpose are identified in the Premises, the Parties shall fix these defects in the Acceptance Certificate and shall specify the time for their elimination using the efforts and at the cost of the Lessor. 3.6.1.4. In case any defects preventing from use of the Premises in accordance with their Intended Purpose are identified in the course of the inspection, the Parties shall fix all the defects in the Inspection Report and the time of transfer of the Premises shall be shifted by the number of days required for their elimination.

Appears in 1 contract

Sources: Preliminary Lease Agreement (Ozon Holdings PLC)

Transfer of the Premises. 3.6.1.1. The Lessor shall transfer and the Lessee, subject to absence of any defects in the Premises preventing from their use in accordance with the Intended Purpose, shall accept the Premises with the equipment installed in them under an Acceptance Certificate (Appendix No. 4) to the Agreement within [●] upon the date of signing the Access Certificate signed by the Parties under the Preliminary Lease Agreement. The Lessor’s obligations for transfer of the Premises and the Equipment in them shall be deemed discharged upon signing the Acceptance Certificate. 3.6.1.2. The Lessor shall notify the Lessee of the readiness to transfer the Premises at least three five (35) business days before until the date specified in this Clause after which the Parties shall jointly inspect the Premises. Based on the results of the inspection, the Lessor shall lease out the Premises to the Lessee, and to confirm the lease the Parties shall sign the Acceptance Certificate for the Premises in the form of Appendix 4 to the Agreement (Acceptance Certificate). 3.6.1.3. In case any minor defects which do not prevent from use of the Premises in accordance with their intended purpose are identified in the Premises, the Parties shall fix these defects in the Acceptance Certificate and shall specify the time for their elimination using the efforts and at the cost of the Lessor. 3.6.1.4. In case any defects preventing from use of the Premises in accordance with their Intended Purpose are identified in the course of the inspection, the Parties shall fix all the defects in the Inspection Report and the time of transfer of the Premises shall be shifted by the number of days required for their elimination.

Appears in 1 contract

Sources: Preliminary Lease Agreement (Ozon Holdings PLC)