Crime and Criminal Tracking Network & Systems (CCTNS) Request ...

Master Service Agreement(c) The Parties shall ensure that their respective associated entities carry out the irrespectiveobligations set out in this Exit Management Schedule.3.3.2. Transfer of Assets(a) Client shall be entitled to serve notice in writing on the SI at any time during the exitmanagement period as detailed hereinabove requiring the SI and/or its subcontractors to providethe Client with a complete and up to date list of the Assets within 30 days of such notice. Clientshall then be entitled to serve notice in writing on the SI at any time prior to the date that is 30days prior to the end of the exit management period requiring the SI to sell the Assets, if any, tobe transferred to Client or its nominated agencies at book value as determined as of the date ofsuch notice in accordance with the provisions of relevant laws.(b) In case of contract being terminated by Client, Client reserves the right to ask SI to continuerunning the project operations for a period of 6 months after termination orders are issued.(c) Upon service of a notice under this Article the following provisions shall apply:(I) In the event, if the Assets to be transferred are mortgaged to any financial institutions by theSI, the SI shall ensure that all such liens and liabilities have been cleared beyond doubt, prior tosuch transfer. All documents regarding the discharge of such lien and liabilities shall befurnished to the Client.(II) All risk in and title to the Assets to be transferred / to be purchased by the Client pursuant tothis Article shall be transferred to Client, on the last day of the exit management period.(III) Client shall pay to the SI on the last day of the exit management period such sumrepresenting the Net Block (procurement price less depreciation as per provisions of CompaniesAct) of the Assets to be transferred as stated in the Terms of Payment Schedule.(IV) Payment to the outgoing SI shall be made to the tune of last set of completed services /deliverables, subject to SLA requirements.(V) The outgoing SI will pass on to Client and/or to the replacement SI, the subsisting rights inany leased properties/ licensed products on terms not less favorable to Client/ Replacement SI,than that enjoyed by the outgoing SI.3.3.3. Cooperation and Provision of InformationArunachal Pradesh Police Page 52